Winnetka’s Beachfront Beauty Boasts 7 Beds, Original Details, and a Palm Room

  • A $35 million mansion on Lake Michigan becomes the most expensive home for sale in Illinois
  • Extensive renovation and expansion of a 1920s home outside Chicago
  • 2.3-acre property with 220 feet of beachfront on Lake Michigan
  • Seven bedrooms, original details including stained glass windows and parquet floors
  • Wine cellar, media room, and multiple office spaces
  • Former owner Muneer Satter retired from Goldman Sachs in 2012, downsizing for family reasons

A luxurious mansion in Winnetka, an affluent suburb of Chicago, has become the most expensive home for sale in Illinois at $35 million. The property features 220 feet of beachfront on Lake Michigan, seven bedrooms, original details like stained glass windows and parquet floors, a wine cellar, media room, and multiple office spaces. Former owner Muneer Satter, a retired Goldman Sachs executive, is downsizing for family reasons.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about a luxury home for sale in Winnetka, its features, and the background of its previous owners. It includes details about the renovation process and the reasons behind the sellers’ decision to downsize. The information is relevant and well-researched.
Noise Level: 6
Noise Justification: The article primarily focuses on a luxury home for sale and its features, which may not be relevant or useful information for most readers. It does not provide any significant insights or analysis beyond describing the property and its amenities.
Public Companies: Goldman Sachs (GS), @properties Christie’s International Real Estate (), Redfin (RDFN)
Key People: Jena Radnay (Listing Agent), Muneer Satter (Financier), Kristen Hertel (Co-seller)

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Financial Relevance: Yes
Financial Markets Impacted: The article is related to luxury real estate market and impacting the most expensive home for sale in Illinois.
Financial Rating Justification: The article discusses a high-end property being listed for sale, which can have an impact on the luxury real estate market and potentially affect the overall housing market in the area.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There are no extreme events mentioned in the article.
Move Size: No market move size mentioned.
Sector: All
Direction: Up
Magnitude: Large
Affected Instruments: Stocks

Reported publicly: www.wsj.com