Former Home of Longtime Montgomery Ward Chairman Sold

A Winnetka residence once owned by former Montgomery Ward chairman Ed Donnell sold for $2.98 million last week, Crain’s Chicago Business reports.

Donnell, who was an executive for Sears before moving to crosstown rival Montgomery Ward’s, owned the home for about 20 years until his death in 2003. It was listed by his children in June.

The mid-century modern home sits on 1.25 acres on Whitebridge Hill Road. It has mahogany walls and cabinetry and a balcony “jutting out over the bluff toward Lake Michigan.”

It is a “magnificent mid-century modern home on the edge of the bluff in Hubbard Woods,” according to its Redfin listing.

Completed in 1957 by architect William Deknatel, a follower of Frank Lloyd Wright, the home “exemplifies Wright’s organic principles of a house in harmony with nature.”

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