Most Expensive Home in Evanston Sells for Nearly $5 Million

EVANSTON, IL - An historic Evanston home on Dempster Street that overlooks Lake Michigan was sold for $4.9 million last week, making it the largest home sale in the history of the city.

The home on the original Daniel Burnham Estate at 115 Dempster St. in the city’s Lakefront Historic District was sold by John Henderson and his wife, Eileen on Friday, Sept. 9 for $4.9 million, according to a Crain’s Chicago report. The home was being used as a second home for the Hendersons after they moved to Australia.

The home, which includes $3 million of renovations over the 24 years Henderson owned it, was listed by Coldwell Banker for $5.3 million. Its $4.9 million sale price was still $400,000 more than the previous record sale in Evanston.

The home at 115 Dempster St. sits on a lot across the street from Lakeshore Boulevard in between Dawes Park and Burnham Shores Park. It overlooks Greenwood Street Beach with unobstructed views of Lake Michigan.

According to the listing, the home is elevated from neighboring properties by Burnham’s original terrace wall. It has a new kitchen and baths, new windows, new mahogany doors and trim, new electric, new plumbing and a new addition on the home’s east side.

And only four owners since it was built in 1911. Henderson bought it in 1992 for $1.4 million.

The $4.9 million sale broke the record of a Sheridan Road estate unloaded for $4.5 million in 2004.
Evanston hasn’t had a home worth $4 million or more sell since 2014.

More via Crain’s Chicago

Photo from listing