Lakefront Wilmette Home Sells For $7.5 Million

WILMETTE, IL - A Linden Avenue home that was sold this week is the second highest priced sale in the history of the village, only trailing itself when it was last sold in 2008. The $7.5 million sale of the lakefront home at 15 Linden Ave. tied a sale in Chicago's Gold Coast neighborhood for the highest priced home purchase made during 2017, according to a report from Crain's Chicago.

The sellers paid $9 million for the home nine years ago. There have only been two other homes sold for $7 million or more in Wilmette in the time since, Crain's reports.

The property was listed in 2015 for $10.9 million, and since then it saw two million-dollar price cuts. In June, the listing price was lowered to $8.5 million.

A Realtor.com listing of the Linden Avenue home refers to it as "sensational" and "the quintessential lake escape set privately down an enchanting lane off Sheridan Road."

Public records indicate the sellers were Oksana Mindyuk Malysheva and Mikhail Malysheva, the former head of high frequency trading for hedge fund Citadel who went on to found Teza Technologies.

More via Crain's Chicago

Photo via Realtor.com