Le Grand Reve is a French-inspired chateau located at 68 Locust Road in Winnetka, IL. It was designed by the the acclaimed Landry Design Group and is owned by Sherwin and Deborah Jarol. Sherwin is a managing partner of Bradley Associates, a real estate investment company. The lavish 27,000 square foot mega mansion was being quitely shopped around back in July of 2009 with an asking price of $32 million, making it the most expensive listing in the Chicago area. It was then officially put on the market in early 2010 for $28 million. Well, with no buyers in sight, it is now heading to the auction block next month.

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  • Daniel

    Even though Winnetka is a beautiful town and equally exclusive, I think the homeowners really overbuilt this one. It is by far the nicest home in the area by a long shot, and this type of opulence only works in Beverly Hills, Palm Beach, Greenwich, the Hamptons, and maybe some places in Texas. Anywhere else and it is going to overshadow the neighbors. I see this going for $15-$18 million. Beautiful home and beautiful location, but not necessarily together.




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  • Grrrowler

    Just another monument to one person’s ego, that has become a white elephant. If someone wants a house like this and can afford it, good for them. But, they just need to plan to live in it the rest of their lives, and let their heirs figure out how to deal with it.




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  • Venom

    Damn, I was about 15 mins away from this when I was in Chicago 2 weeks ago and had no idea. I would have liked to have seen it.
    Next time I run back up there I guess.




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  • rob

    An auction is probably the best way to determine the real value of this house. It sits on a pretty small lot for its size and like Daniel says, seems to overshadow the other houses in the neighborhood. This is a really beautiful area and there are some beautiful houses. i am surprised I have never heard of Winnetka. I am going to guess this goes for 11 million. Kenny you should hold a lottery and see who guesses the closest to the selling price.




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    • Iemand

      And what does the winner win? 😛

      I love, love LOVE the front! The back exterior is very ugly though…
      The interior isn’t bad. But is this neighbourhood a very wanted place to live, because (although it’s nice) the home doesn’t scream 32 million…




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  • c

    Always love the delusional numbers of cost to build that are thrown out and wonder where they are invented. There is no way this house would cost over $40m to build in the Chicago area unless the homeowner was more than stupid and ridiculously over charged for EVERYTHING.

    That said, Chicago is a city that hides its money, the richest multi-multi-millionaires and billionaires tend to live modestly and avoid opulence. This house would have to be on the bluff on Lake Michigan to even begin to dream of getting this type of money… and yet then, it still probably wouldn’t. I am interested in seeing what it closes at but have a feeling unless there is no reserve….. we’ll see this one for awhile after the auction as so many of these high priced auctions seem to go no where lately.




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    • matt c.

      Chicago Trib article says it’s NO Reserve !




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  • matt c.

    Remember folks that the French inspired 25,000 s/f Conseco mansion neighbor to the south in Indianapolis sold at auction for a mere 3 million last year, after being priced near the same number as Le Grand Reve. The Conseco mansion was just as nice as this home, and cost over 30 million to build originally. The Lucas Oil family that bought it also got 33.6 acres and a 14,000 s/f sports pavilion plus numerous outbuildings in the acquisition. Granted, Chicago is a better market than Indy, but it’s still midwest pricing as Daniel mentions. My guess is you are all way high and it closes at 7.5 million…time will tell .




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  • lambskin

    I believe the auction failed.




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