What's missing from the market? Fashionable. – Crain's Chicago Business

A Chicago-primarily based prime govt of LinkedIn partnered with an Evanston structure agency to develop a clear-lined modern house they now have on the market at simply over $2.37 million.

Listed on the market yesterday, the home on Central Avenue in Highland Park is the design work of Tom Shafer, principal of Tom Shafer Architects, in partnership with Mike Gamson, LinkedIn's senior vp of worldwide options.

In the three-bed room home's kitchen, the ceiling is 2 tales excessive, and retractable glass doorways permit for an indoor-out of doors eating association. There is a second-story deck and, in line with itemizing agent Joe Pasquesi of Berkshire Hathaway HomeServices KoenigRubloff Realty Group, the roof of the storage was designed to help the weight of a vegetable backyard. The positioning is throughout from a blufftop park, with seasonal views of Lake Michigan.

Lake County information present that Gamson purchased the third-of-an-acre website for the home in March 2016 for $700,000. It is a nook lot a couple of blocks from the suburb's downtown space.

"Mike challenged us to do that as a result of he felt lots of people in his age group like trendy properties however weren't discovering them on the market," mentioned Kathy Shafer, a principal in the structure agency named for her husband. Suburban properties constructed on spec, or and not using a purchaser already in hand, "are normally so conventional," she mentioned.

Gamson, who's in his 40s, and his spouse, Alyse, stay in a 10,000-square-foot house a couple of blocks from the website customized-designed by Shafer. "I am an enormous fan of Tom Shafer's work," Gamson advised Crain's, "and I imagine that there is a hole in the spec house marketplace for lovely, excessive-finish modern design at the identical degree of high quality that is usually solely out there at the very highest finish of customized constructing."

In about 30 years of practising structure, Shafer has designed many excessive-finish properties for purchasers in the Chicago space utilizing a palette of recent supplies that features concrete, metal and glass. Kathy Shafer mentioned the mission with Gamson, below a partnership named Three Rabbits Growth, is the agency's first spec home, and that "if the market is receptive, we'll do extra collectively."

Since the starting of 2017, 5 homes in Highland Park have offered for $2 million or extra, in line with Midwest Actual Property Information, and as of yesterday, this home was the solely listed house in that worth vary.

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What's missing from the market? Fashionable. - Crain's Chicago Business