Even Chicago’s wealthiest aren’t immune to foreclosures! Today ChicagoRealEstateDaily.com reported that Amcore Bank has filed a foreclosure lawsuit for almost $16M on a 400 acre estate and horse farm in Barrington Hills. The couple who own the estate bought it for $19.3 million in December 2006 making it the most expensive Chicago Metro Area home purchase that year.
The estate includes a 10,000 square foot house, guest and staff quarters, barns and a ½-mile race track. For the full article read, “Foreclosure suit hits most expensive local home of ‘06“.
To see luxury homes currently for sale in the Barrington area click here.
