Updated Jun 19, 2025
Luke And Maggie Kelly Sell Lakefront Mansion In Winnetka For $12 Million With Jena Radnay's Representation
973 Sheridan Road
$12,000,000
$1,243/SF
Building Size
9,653 SF
Asset Type
Single Family
Closing
Jun 17, 2025
About this deal
AI
A newly built 9,653-square-foot lakefront mansion in Winnetka has been sold for $12 million, representing the Chicago area’s priciest residential sale of 2025. The property, located at 973 Sheridan Road, encompasses 1.75 acres and was initially listed for $16 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,000,000
- Address: 973 Sheridan Road
- Market: Winnetka
- Square Footage: 9,653
- Price Per Square Foot: $1,243
- Seller: Luke & Maggie Kelly
- Brokers: Cricket King, John Baylor & Jena Radnay of @properties Christie’s International Real Estate
The deal involved sellers Luke and Maggie Kelly, and the buyers were represented by Jena Radnay. This transaction was notably significant in the market, highlighting the real estate activity within the region.
On the Map
$12,000,000
$1,243/SF
Single Family
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Players
Winnetka Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $12M for 9,653 square feet (2025).
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Browse Winnetka single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93