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

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

Listed on the market Monday, 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 vice chairman of worldwide options.

In the three-bed room home's kitchen, the ceiling is 2 tales excessive and retractable glass doorways enable 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 to weight of a vegetable backyard. The location 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 houses however weren't discovering them on the market," stated Kathy Shafer, a principal in the structure agency named for her husband. Suburban houses constructed on spec, or and not using a purchaser already in hand, "are normally so conventional," she stated.

Gamson, who's in his 40s, and his spouse, Alyse, reside 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 consider that there is a hole in the spec residence marketplace for lovely, excessive-finish up to date design at the similar stage of high quality that is sometimes solely accessible at the very highest finish of customized constructing."

In about 30 years of training structure, Shafer has designed many excessive-finish houses for purchasers in the Chicago space utilizing a palette of contemporary supplies that features concrete, metal and glass. Kathy Shafer stated the undertaking with Gamson, beneath the partnership identify Three Rabbits Improvement, 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 Monday, this home was the solely listed residence in that worth vary.

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