Home Alone's $5.5 million home sells for more than its asking price

By Bricksnwall | 2025-01-18

Home Alone's $5.5 million home sells for more than its asking price


In an unusual transaction, a suburban Chicago home that became well-known due to the film Home Alone sold for $5.5 million, which was more than the asking price.

 

(Bloomberg) -- In an unusual transaction, a suburban Chicago home that became well-known due to the film Home Alone sold for $5.5 million, which was more than the asking price.


Within a week of its listing in May, the Georgian colonial, located at 671 Lincoln Avenue in the exclusive North Shore community of Winnetka, was under contract. Tim and Trisha Johnson, the owners, originally asked for $5.2 million, but after receiving several offers, the asking price increased.

 

In a news release on Thursday, Dawn McKenna, the Coldwell Banker Realty agent representing the sellers, stated, "Even though it's the end of an era for the sellers, we know the new owners will create many wonderful memories here." The purchasers were represented by Lori Nieman of @properties Christie's International Real Estate.

 

Renovated in 2018, the 9,126-square-foot house offers five bedrooms. In 2016, the Johnsons bought the residence. Information on the sale is not yet available to the public in county records, and the buyers were not identified.

 

During the holidays, moviegoers swarm to the house to admire its recognizable brick façade, turning it into a tourist destination. According to Nieman, the new owners are prepared to accept the property's notoriety.

 

"The home's iconic status and the joy it brings to so many people, especially during the holidays, are fully known to my clients," she said. They genuinely appreciate its importance and know what it means to fans everywhere. They are thrilled to carry on that tradition.

 

After the 1990 movie reached theaters, Macaulay Culkin, who was ten years old at the time, rose to fame. When the house was put up for sale last year, he told the New York Times that he "had half a mind to buy it - just for giggles."

 

Owning a piece of cinematic history was made possible by the sale, Nieman added.

 

Crain's Chicago Business was the first to report on the transaction.

 

This transaction is different from many others in the Chicago area, where sellers of properties at the top of the market frequently have to lower their asking prices in order to close a sale. The former residence of NBA legend Michael Jordan, another well-known North Shore estate, recently sold for $9.5 million, a 67% decrease from the $29 million asking price.

 

Source: Hindustan Times


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