Real Estate

Trust Spends $11 Mil on 2 Lakefront Homes

The beneficiary has not been identified.

A land trust recently paid more than $11 million to buy two houses on the same lakefront block in Wilmette, the Chicago Tribune reports.

In October, the trust paid $4.8 million for a midcentury home and in January spent $6.2 million on a home three doors away.

The land trust’s beneficiary has not been identified.

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