Broker Janet Owen Closes $11.9 Million Sale, Highest in Three Years in Chicago

2-Exterior and Side Lot--1950 VHT and Rodger.jpg

Photo by VHT

RNDD Member and Chicago, Illinois, residential real estate broker Janet Owen of Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Michigan Avenue office, has closed the highest single-family home sale in Chicago within the Multiple Listing Service (MLS) in three years with an $11,900,000 sale at 1950 Burling Street in Chicago. The previous single-family home sale above $11 million within the MLS was also a sale on Burling Street and was also represented by Janet Owen at 1955 Burling Street in 2015, which sold for over $13 million.

“This is such a memorable day, closing on this beautiful residence and estate size grounds for just under $12 million. It’s not surprising that a home of this caliber would catch the eye of discerning buyers, and I think this is a positive indication for the $5 million and higher real estate market as a whole, showing that these types of properties at this price point are selling in the city.” – Janet Owen

3-Lawn with Formal Garden Beyond--1950 Lambros Photography, Inc.jpg

Photo by Lambrose Photography

Classically designed and custom built by RNDD Member BGD&C Custom Homes, this home was completed in 2013. The residence encompasses three oversized city lots and has 8,000 square feet of living space on two levels, as well as a finished lower level with a spectacular wine room. The refined formal rooms and wide open kitchen, family and informal dining room all lead to a huge terrace and lawn. The outdoor terrace leads out to magnificent views of the completely landscaped grounds with formal gardens. There is a master suite with a separate sitting room.

19-Family Room View to Terrace, Gardens and Lawn--1950 VHT.jpg

Photo by VHT

26-Lower Level Wine Room--1950 Tony Soluri and VHT.jpg

Photo by Tony Soluri

Owen is consistently a top broker at Berkshire Hathaway HomeServices KoenigRubloff Realty Group and in 2017 was ranked within the top 1/2 of 1% of the entire national Berkshire Hathaway HomeServices network.

“We are so proud of Janet for closing this listing in a short amount of time, considering this home just entered the market at the beginning of June 2018. The fact that the last single family home sale at this price point was also represented by Janet, speaks to the type of hardworking agent she is for her clients.” – David Bracy, Managing Broker of Berkshire Hathaway HomeServices KoenigRubloff Realty Group’s Michigan Avenue office.

 Janet Owen can be reached at 312.268.0700 or jowen@koenigrubloff.com

About Berkshire Hathaway HomeServices KoenigRubloff Realty Group: The Michigan Avenue office is located at 980 N. Michigan Avenue, Suite 700 in Chicago. Berkshire Hathaway HomeServices KoenigRubloff Realty Group is a full-service real estate firm with nearly 1,500 real estate professionals and staff in 22 offices serving customers throughout the Chicago metropolitan area, the North Shore, Western Suburban communities and Harbor Country, Michigan. Deep local roots are complemented by the extensive global reach of Berkshire Hathaway HomeServices, the top real estate brand in the nation. Affiliated and ancillary services in the form of HomeServices Lending, Fort Dearborn Title, and Fort Dearborn Insurance complete the comprehensive services offered to clients. Visit KoenigRubloff.com.

About BGD&C Custom Homes: Founded in 1986, BGD&C is a full-service design/build firm specializing in well-crafted homes within Chicago’s Lincoln Park and Gold Coast neighborhoods. With over three decades of architectural design and construction expertise in both new and renovated residential properties, BGD&C has earned a reputation for its exceptional quality and unparalleled service. Headquartered in the iconic John Hancock Building, BGD&C’s focus is ‘distinctly Chicago’ and its historical love of architecture. Each project offers the opportunity to create a unique home that is as singular and remarkable as its clientele. As stewards of quality and craftsmanship, BGD&C produces homes with passion and precision.

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