Skip to content
elpopulocadiz

elpopulocadiz

Real Estate modern

Primary Menu elpopulocadiz

elpopulocadiz

  • Home Improvement
  • News custer housing
  • downtown housing
  • highest apartment
  • cheapest housing
  • buildings land
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Gold Coast mansion sold for $7 million
  • highest apartment

Gold Coast mansion sold for $7 million

Wilma Lugo July 16, 2022

Customers who are not yet identified paid Caryn and Lowell Kraff $7 million on Monday for their 6-bed room, 10,000-sq.-foot mansion on Burton Spot.

The Kraffs initially listed the residence for sale at $13.5 million in September 2020. The remaining sale price is about 52% of that.

By the time the mansion went under agreement to the purchasers, the asking value had appear down to just under $10 million. The consumers, whose names do not but show up in community documents, were being represented by Jason Felicione of Chipads, who could not be achieved.

Lowell Kraff declined to remark. The agent who represented the house, Dawn McKenna of Coldwell Banker, did not instantly respond to a ask for for remark.

When the Kraffs had been having prepared to set the dwelling on the market two years in the past, Lowell Kraff told Crain’s that the home’s design and style was influenced by specifics they preferred ideal in good houses they had witnessed in Paris, New York and Chicago, drawing on “the timeless class we noticed in them.”

Crafted in 2008, the house has a common French mansard roof and a limestone facade spanning 120 ft together Burton Put at Dearborn Road, inside partitions concluded in white oak, silk, vellum and other supplies an in-residence elevator with leather-based-padded walls, and a rooftop terrace nestled into the treetops.

The couple bought the web-site in 2000 for a little under $1.8 million in 2000, in accordance to the Cook dinner County clerk. They demolished a operate-down 19th-century condominium building on the website, replacing it with the dwelling.

Lowell Kraff informed Crain’s in 2020 that he and his wife were being relocating to Florida whole time after Caryn Kraff, an ophthalmologist, retired from the Kraff Eye Institute, founded by Lowell Kraff’s father. Lowell Kraff is a non-public trader.

The past time a Gold Coast mansion offered for much more than this one’s $7 million was October 2017, when a mansion on Bellevue Area went for $7.5 million.

At current, five mansions in the neighborhood are stated at over $7 million. 4 of them have been on the market place due to the fact at least 2020, and the best-priced of them, inquiring $18.5 million, is quickly east of the mansion the Kraffs just bought. The 20,000-sq.-footer started out with an inquiring value of $18.75 million in October 2020.

Meanwhile, in the time since the Kraffs put their mansion on the current market, three in Lincoln Park have sold in the selection of $12 million. There have also been gross sales in that price tag vary in the suburbs of Kenilworth and Winnetka.

For the metropolitan location overall, the Kraffs’ sale is the 14th house offered at $7 million or a lot more so significantly in 2022, when compared with 16 marketed in all of 2021.

Post Navigation

Previous High-density housing becoming future of Abilene housing
Next 53 Best Prime Day Kitchen and Home Deals (2022): Vacuums, Mattresses, Cookware

More Stories

Living in the Highest Apartments: A Dream or Reality?
  • highest apartment

Living in the Highest Apartments: A Dream or Reality?

Wilma Lugo May 8, 2025
The Best Features of the World’s Tallest Apartments
  • highest apartment

The Best Features of the World’s Tallest Apartments

Wilma Lugo April 15, 2025
Inside the Most Luxurious Highest Apartments
  • highest apartment

Inside the Most Luxurious Highest Apartments

Wilma Lugo March 18, 2025
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    

Archives

Recent Posts

  • Why Cheap Housing Is a Great Investment Opportunity
  • Challenges of Downtown Housing and How to Overcome Them
  • How the Housing Market Is Evolving Post-Pandemic
  • Understanding the Latest Trends in Housing and Real Estate
  • Cheapest Housing Trends You Should Be Aware Of

BL

Intellifluence Trusted Blogger

Tags

Downtown housing J&B Real Estate J Beard Real Estate J Michael Real Estate J Philip Real Estate J Real Estate Commission J Real Estate Finance Econ J Real Estate Inc J Scott Real Estate K Real Estate Blenheim K Real Estate Group K Real Estate Group Cape Town K Real Estate Llc K Real Estate Logo K Real Estate New Zealand K Real Estate Specialists K Real Estate Utah L&K Real Estate L&M Real Estate L&T Real Estate L'Agence Real Estate Land L Brooks Real Estate L Catterton Real Estate L Cooper Real Estate L Real Estate Lvmh Real Estate Job Description Real Estate Jobs In Memphis Tn Real Estate Jobs Oxford Ms Real Estate Jonesboro Ar Real Estate Kalispell Mt Real Estate Kauai Real Estate Keller Williams Real Estate Kentucky Real Estate Key Lock Box Real Estate Key West Real Estate Knowledge Real Estate Knoxville Tn Real Estate Lawyer Real Estate Lawyer Near Me Real Estate License Arkansas Real Estate License Memphis Real Estate License Mississippi Real Estate Market

Partner Links

f1000scientist
austrianfood

SeedBL

Seedbacklink

links

Edge Forward with Nano Edgy
Discover Your Explore Habit

BR

barleyagent
buinee

BP

backlinkplacement.com

Related Article

Why Cheap Housing Is a Great Investment Opportunity
  • cheapest housing

Why Cheap Housing Is a Great Investment Opportunity

Wilma Lugo June 11, 2025
Challenges of Downtown Housing and How to Overcome Them
  • downtown housing

Challenges of Downtown Housing and How to Overcome Them

Wilma Lugo June 9, 2025
How the Housing Market Is Evolving Post-Pandemic
  • News custer housing

How the Housing Market Is Evolving Post-Pandemic

Wilma Lugo June 7, 2025
Understanding the Latest Trends in Housing and Real Estate
  • News custer housing

Understanding the Latest Trends in Housing and Real Estate

Wilma Lugo June 4, 2025
Cheapest Housing Trends You Should Be Aware Of
  • cheapest housing

Cheapest Housing Trends You Should Be Aware Of

Wilma Lugo June 1, 2025
elpopulocadiz.com | CoverNews by AF themes.

WhatsApp us