Evanston mansion slated for foreclosure sale

Crain's Chicago Real Estate Daily is reporting that a recently-built home at 925 Edgemere in Evanston is headed for auction in a Cook County Sheriff's sale next month.

According to Crain's the 11,000 square foot lakefront has 5 bedrooms, 7 baths, an outdoor pool and lakefront access. It was originally listed for $9 million and subsequently reduced to $7.9 million. The home is not currently listed for sale.

Crain's provides some amusing background about the friction this home spawned and the spate of lawsuits among its neighbors.

The highest-priced home currently for sale in Evanston is 581 Ingleside Park, where I shot the following video just a month ago.

The home is listed for $5,250,000 with Prudential Rubloff's Sally Mabadi.

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