The suburban market hot streak is continuing in the new year.
A Hinsdale megamansion sold for $7.7 million — the priciest residential deal in the Chicago area in 2021 and highest ever on record in the village. The previous high was $5.5 million.
Last year, sales of suburban homes priced at over $1 million jumped 40 percent.
The 17,600-square-foot Hinsdale mansion has five bedrooms, 10 fireplaces and 10 bathrooms, according to Crain’s, which first reported the deal. The sprawling property includes a theater, a wine-tasting room, and a pub in the basement.
The sellers were Mary and William Castellano, who built the mansion at 325 East 8th Street, according to the report. The couple paid $4.35 million for the property in 2007 on a lot encompassing about 1.7 acres.
Coldwell Banker’s Dawn McKenna represented the sellers and Beth Burtt of Baird & Warner brought the buyers.
[Crain’s] — Alexi Friedman