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This Lake Forest mansion is the latest pricey Chicago-area resi listing

55 E Onwentsia Road, Lake Forest (Credit: Berkshire Hathaway)

A Lake Forest estate listed for $7.9 million is the latest pricey home to hit the market in the Chicago area, after a record year for luxury sales.

Former Zenith Electronics CEO Jeffrey Gannon and his wife, Chrystal, are selling the eight-bedroom home at 55 East Onwentsia Road, according to Crain’s

The 11,000-square-foot home has six stone fireplaces, two garage wings and a rear terrace that overlooks a swimming pool, according to the listing from broker Jean Anderson of Berkshire Hathaway HomeServices KoenigRubloff Realty Group.

The Gannons are putting the home up for sale at a good time for the Chicago-area luxury market after 2018 saw a record number of sales of $4 million or more.

Since late 2017, JDL Development’s No. 9 Walton luxury condo building in the Gold Coast has dominated the lists of most expensive residential sales, but the two most expensive deals of 2018 were both on the North Shore, like the Gannons’ home.

Elsewhere in Lake Forest, the Wyldwoode estate is listed for $15 million, while a mansion in neighboring Lake Bluff is asking $19.5 million [Crain’s] — John O’Brien

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