Real Estate Figure Buys Foreclosed Winnetka Home

A foreclosed Winnetka home has been sold to Chris Eigel, chairman emeritus of Berkshire Hathaway HomeServices KoenigRubloff Realty Group for $1.3 million.

The nine-bedroom, three full-bath home - a red-brick colonial built on Bryant Lane more than a century ago - is “in need of work and will likely require cash or construction loan to complete,” according to Crain’s Chicago.

The foreclosure deed was received by Bank of America in November 2014 from a woman who bought the property 17 years earlier.

Eigel is a longtime Chicago-area residential real estate figure - having served as CEO of Prudential Rubloff Properties before it merged into Berkshire Hathaway in 2014. A foreclosure notice was first issued in 2009.

more via Crain’s Chicago