A historic 20,000-square-foot estate in the upscale Chicago suburb of Winnetka has been listed for $35 million, making it the most expensive property for sale in Illinois.
Built in the 1920s, the century-old gem is being sold by its longtime owners – current financier and former global co-head of Goldman Sachs’ principal debt group Muneer Satter and his wife Kristen Hertel – who bought it for $9.5 million in 2002, the Wall Street Journal reported. One big selling point: a prime waterfront location.
“This is an iconic lakefront property on the north shore” of Lake Michigan, Jena Radnay of @properties Christie’s International Real Estate, which is listing the property, told The Post about the “spectacular” estate.
Other amenities include a 68-meter-long sandy beach, a commercial-level boardwalk that wraps around the lakefront and a “state-of-the-art double-door boathouse with his and hers changing rooms ‘in the bluff’ and a hotel-level infinity pool and spa,” Radnay added.
During their 22-year ownership, Satter and Hertel extensively renovated the French Normandy-style residence, reportedly investing about $35 million in restoring and expanding it to its current 2.3 acres. The couple, Radnay told the outlet, are selling because they are downsizing; most of their five daughters are now grown and have moved out.
The limestone house was originally built for Popular Mechanics publisher Henry Haven Windsor Jr., who lived in the property with his wife, opera singer Louise Hunter.
Many details from Windsor’s time have been preserved, including the original stained glass windows, parquet floors, some ornate ceilings and the mahogany paneling in the dining room.
Today, the property is listed as having seven bedrooms and many other amenities, including a wine cellar, multiple offices, libraries, a palm room with tropical murals – and on the grounds, manicured hedges, botanical gardens, heated parking for ten cars and a custom-built Lannon stone fountain.
