Foxford's historic Lansdowne Mansion overlooks Lake Michigan and includes its own private beach for the bargain price of $4.9 million.
Water views are a coveted part of the real estate scene in Chicago, with homeowners paying top dollar for the calming views. According to Taylor Johnson clients RMK Management and Foxford Communities, homebuyers and renters aren't deterred by premium prices that can add an extra $100 per month for rentals in the city and an additional $30 for a rental in the suburbs, while lake-view properties on the North Shore, like Foxford's Lansdowne Estates, can average 25-40 percent premiums. To learn more about the price homebuyers are willing to pay for rooms with a view, read the full article here.
