Real Estate Developer Unloads Highland Park Home At $550,000 Loss

HIGHLAND PARK, IL — A 120-year-old home a block from Lake Michigan sold last week for more than a half-million dollars below the price paid the seller in 2007.

The $2.1 million sale is Highland Park's priciest of 2021 so far.

The six-bedroom, 11,400-square-foot Colonial-style home sits on the west side of Sheridan Road in south Highland Park.

The 0.75-acre property includes solar panels, an in-ground pool, a finished basement and attached two-car garage.

It also features an all-season sun room with views of the pool and spacious back yard.

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According to its listing, the three-story wood-framed home was build in 1900 and renovated in 1920. Its architect or original owner could not be identified.

Property records show the home was remodeled in 1997. It was not immediately clear what renovations may have taken place since 2007, when it was purchased by Scott Goodman.

Goodman co-founded the influential Chicago-based real estate development firm Sterling Bay in the mid-1980s. He departed in 2016 and launched a new firm with former executives called Farpoint Development.

He accepted an offer on the Beech Street property on Feb. 24, the same day it was listed for sale with an asking price of $2.25 million.

Its $2.1 million sale closed March 15. The buyer's identity was not available in public records.

• Address: 180 Beech St., Highland Park, Illinois
• Built: 1900
• Lot Size: 0.75 acres
• Square Feet: 11,412
• Bedrooms: 6
• Bathrooms: 4 full, 2 half

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