May 07, 2021 4:25 PM
Former U.S. Senate candidate Al Hofeld on Wednesday sold his eight-bedroom, 10,474-square-foot French Regency-style mansion in Winnetka for $3.6 million, some 62% less than he first sought for the mansion in 2012.
A trial lawyer, Hofeld, 84, unsuccessfully ran in the Democratic primary for an Illinois U.S. Senate seat in 1992 but came in third place behind the winner, Carol Moseley-Braun, and incumbent Alan Dixon. Hofeld then ran unsuccessfully as a Democrat in the race for Illinois attorney general in 1994 but lost to Republican Jim Ryan.
In Winnetka, Hofeld and his late wife, Freeda, paid $2.6 million in 1989 for the 18-room mansion, which was built in 1964 and sits on a 1.45-acre property. Freeda Hofeld died in 2007, and Al Hofeld first listed the mansion in 2012 for $9.4 million.
The mansion has 12 bathrooms, a first-floor housekeeper suite, a California room, a library, a three-room primary bedroom suite with his and her baths, and a lower level with a theater, a basketball court, a billiard room, a recreation room, a sauna and exercise rooms. Outside on the property are a tennis court, an attached and heated four-car garage, a pool and spa, and a summer house with a kitchen and two dressing rooms.
“It is a house that is also a lifestyle, with a pool and tennis court and sport court, on a beautiful large piece of property very close to downtown Winnetka,” listing agent Betsy Burke of Berkshire Hathaway HomeServices Chicago said. “And it was purchased by a large family, which makes my owners happy.”
After two years on the market with no takers, Hofeld cut his asking price to $7.9 million in 2014 and then to just under $6.5 million the following year. In 2016, he reduced his asking price to just under $5.9 million before taking it off the market. He relisted it in 2019 for $4.9 million and then cut his price one final time to $3.7 million later that year.
Public records do not yet identify the buyers.
The mansion had a $65,294 property tax bill in the 2019 tax year.
Goldsborough is a freelance writer.
Former U.S. Senate candidate Al Hofeld on Wednesday sold his eight-bedroom, 10,474-square-foot French Regency-style mansion in Winnetka for $3.6 million. - Original Credit: Berkshire Hathaway HomeServices (Betsy Burke / HANDOUT)