$4.87 Million Sale Sets Record For Most Expensive Glenview Home

GLENVIEW, IL — A mansion sold last month in Glenview set a new record for the most expensive home in the village. The $4.87 million sale of a 17,600-square-foot house smashed the previous record-holding home by nearly 50 percent. The next most expensive sale in town was a $3.25 million property purchased in January 2015, Crain's Chicago Business reported, citing Midwest Real Estate Data.

The seven-bedroom French Provincial-style estate is located beside a forest preserve and the North Branch of the Chicago River. It features a floating staircase, an indoor pool, a basement theater, a basketball court and a pond with a fountain.

The property was last purchased in August 2006 for more than $3.3 million, and a home formerly on the site was demolished to make way. Construction was completed in 2009, and the home was first listed for sale in February for $5.6 million. According to the Cook County assessor's office, its 2018 estimated market value is just over $3 million.

» Most Expensive Listing In Glenview Is 'In A League Of Its Own'

The buyers have not yet been identified in public records. The sellers owned the house through a land trust and their agent declined to identify them or disclose why they sold the home, Crain's reported.

Houses in towns that do not border Lake Michigan rarely sell for more than $4 million, according to Crain's, with the most expensive home ever sold in neighboring Northbrook going for about a half a million dollars under Glenview's recent record price.

• Address: 800 Appletree Ln, Glenview, Illinois
• List Price: $5.6 million
• Square Feet: 17,602
• Bedrooms: 7
• Bathrooms: 8 full, 1 half
• Built: 2009
• Sold: May 24
• Sale Price: $4,873,420

This listing originally appeared on realtor.com. For more information and photos, click here.