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hicago tech executive Jason Fried and his wife Caroline Linder have set a record with their $5.3 million home sale in Bucktown, northwest of downtown Chicago. The five-bedroom estate at 1736 North Wood Street sold for approximately $662 per square foot, surpassing the previous area record of $4.8 million on Wolcott Avenue in 2015.
The property was designed by late architect Brad Lynch and features a modern industrial aesthetic. Originally intended to be built from a warehouse conversion, Lynch proposed designing a new home with a similar look instead. The exterior combines brick and perforated metal, while the interior boasts sleek finishes in wood, glass, and stone.
Listed for $7.3 million in May 2023, the property underwent price cuts before closing at $5.3 million in November 2024. Despite this reduction, the sale remains a significant milestone for Bucktown, which is rarely associated with transactions in this price range.
The sale is part of a broader trend of high-value real estate sales in Chicago, where 19 properties have sold for $5 million or more in 2024. It signals the growing appeal of Bucktown and Wicker Park among affluent buyers seeking unique architectural properties.
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