By Bricksnwall | 2025-01-18
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