Chicago Cubs Chairman Building Lakefront Home in Wilmette

WILMETTE, IL - Chicago Cubs Chairman Tom Ricketts is building a home that will have about 100 feet of shoreline on the lakefront in Wilmette.

Demolition was recently completed on a 1914-built home that stood at the Michigan Avenue site - about two-thirds of an acre - where Rickets and his wife, Cecelia will build according to Crain’s Chicago.

When complete, the home will join a select few on Chicago’s North Shore that can truly claim they are footsteps from the lake.

“It’s the closest thing we see to oceanfront on the North Shore,” said John Baylor of @properties. “North along the lakefront, in Kenilworth and Winnetka, homes stand above the water on a bluff, but in this stretch of Wilmette you can walk out from your pool directly to the sand dunes and the lake.”

The Ricketts’ property sold as part of a 2013 venture for $5 million. Other sites on the Michigan Avenue lakefront stretch have gone for $7 million and $4.8 million.

Ricketts’ sister Laura Ricketts and her wife Brooke Skinner live nearby in a mansion near the Bahai’i Temple. Tom and Cecilia have been Wilmette homeowners since 1997.

more via Crain’s Chicago