CASE STUDIES

Development Land, Luxury Home, Barrington, IL

OVERVIEW

The property consisted of over 400 acres with a 10,000-square-foot home. Although zoning permitted five-acre lots to be developed, the owners had restricted future development with a conservation easement that limited the subdivision to only nine parcels.

SITUATION

Members of the A&G SRES team were retained to sell this 400-acre equestrian estate by the Trust Department at JP Morgan Chase in order to find the broadest market possible to maximize price.

STRATEGY

Our team designed an extensive eight-week sealed-bid, marketing, and PR campaign, which produced 12 bids on the property.

RESULTS

The property was sold to the highest bidder for $19,300,000, which was the second-highest priced home sold in Cook County until 2014.

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A&G Real Estate Partners
445 Broadhollow Road
Suite 410, Melville, NY 11747
631-420-0044

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A&G Real Estate Partners
445 Broadhollow Road
Suite 410, Melville, NY 11747
631-420-0044

Follow us on LinkedIn

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