A Spec House for $3.8 M? Am I Crazy? (Copy)

I have an inside track on the purchase of a piece of land that presents a unique opportunity for the right buyer. It is located in East Highland Park, which is a beautiful suburb in Chicago’s Northshore with excellent school, beaches, a vibrant downtown and a convenient Metra train link to downtown Chicago. It also is the home of the renowned Ravinia Festival . It also has 10’ ceilings, and there is enough open space to fit a golf simulator and home theatre. There is an attached 3 car garage, and 3 additional parking spaces on the site. The Design is influenced by my Southern California education and modernist preference on many homes I have successfully designed in and built around Chicago. The house has a strong interior/exterior relationship with an open floor plan. The primary bedroom suite is on the First Floor with a oversized closet and a spacious, spa like bathroom that has a separate shower and soaking tub. There is an additional bedroom suite, also on the first floor that can be used to accommodate guests or a person with mobility issues. Having these bedrooms make it possible from the Owners to age in place. There is also the option of having an elevator that allows access to all parts of the house for people with limited mobility. All spaces have wide enough doorways to accommodate wheel chair access and there is solid blocking in the walls of the toilets and showers to support grab bars if needed in the future

Because we have full control of the process from start to finish, we want to work with a buyer who is interested in the selection of finishes and other changes to the design to fit their needs. This is how we typically how we work with our custom house customers and the process is seamless. The only difference is that we have already designed the floor plans, the shell of the building and a strong idea of what the interior can be with flexibility for you to participate. Because of this, we get it to permit and construction quickly and efficiently.

We at Nicholas Design Collaborative designed it and we believe that it fits the requirements of a family with the desire to have a home to live their entire lives and perhaps generations to follow. Our firm has 37 years of track record, yielding dozens of design awards. We have found that our house designs attract buyers with sophisticated taste looking for a unique product for those who have been looking for a thoughtfully designed modernist house for years. Are you that buyer? If so, send me an email and we can talk. peter@nicholasdc.com

The site is 2/3rds of an acre and is large enough to be split into two legal and buildable lots if the site is kept as double lot, it can accommodate a coach house or pool house, a pool, a sport court a large patio and a large garden. We have designed a a 6 bedroom, 6 1/2 bath house that fits on half of the lot. If the lot is not split, the house can be much larger if a buyer wants that, and because we are an Architectural/Design Build company, we can work with a buyer who may like to expand the plan we have already. The basement level has a built-out recreation room, optional bar/kitchenette area, a bedroom and bathroom and a a large storage room.

PS, I actually don’t think I am crazy and quite possibly a bargain! Take a look at this article in LinkedIn. Chicago Luxury Market Surges: $4M+ Sales at Record High!