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Compass

565 Lincoln Avenue

Winnetka, IL 60093

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VHT Studios

A duaghter of the real estate and casino magnate Neil Bluhm has put the Winnetka mansion she owns with her husband on the market priced at $4.65 million.

Meredith Bluhm-Wolf and her two siblings have ownership stakes in Rivers Casino, a $400 million operation in Des Plaines where Neil Bluhm is chairman. With her husband, William Wolf, she bought the home on Sunset Road in November 2004 for a little less than $3.1 million, according to the Cook County Recoreder of Deeds. They did not respond to a request for comment.

Built in 1992, the home has been renovated extensively by high-end Chicago firm Marvin Herman & Associates since Bluhm-Wolf and Wolf bought it. Listing photos show that the main formal rooms have crisp white walls, lightwood built-ins and large windows. The handsome contemporary kitchen, with marble, wood and stainless steel finishes, opens to a family room that has walls of windows opposite one another.

The house has an indoor pool in a wing that is lined along one side with windows a story and a half tall along a bluestone terrace. The kitchen and family room space also connects to the outdoors with four sets of sliding doors that open onto a series of three bluestone terraces, one which is a dining area that seats 16 people.

Neil Bluhm, who according to Forbes magazine is worth $4 billion, was a co-founder of JMB Realty and now is head of a group of real estate and casino companies, including Walton Street Capital and Midwest Gaming & Entertainment. His companies own 900 N Michigan and many other properties, including casinos in Des Plaines; Pittsburgh; Philadelphia; Vicksburg, Mississippi and Niagara Falls, Canada.

In the past year, eight homes in Winnetka have sold for $4 million or more, according to Midwest Real Estate Data, more than any suburbs of Chicago.

Source: Crain's Chicago Business / VHT Studios







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