Inside these posts: Winnetka

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William Blair chairman sells Winnetka mansion

ELITE STREET | By Bob Goldsborough | William Blair & Co. Chairman Edgar D. “Ned” Jannotta on Friday sold his 11-room, lakefront mansion in Winnetka for $6.5 million after once asking $10.75 million for it.

Jannotta, 79, has been with the closely held investment bank for more than 50 years. He became chairman in 2001 after previously serving in a variety of positions, including as managing partner. Get the full story »

Chicago’s most expensive home gets $5M price cut

Le Grand Reve mansion in Winnetka. (Tribune File/Chis Walker)

ELITE STREET | By Bob Goldsborough | A 26-room, 27,000-square-foot mansion in Winnetka whose owners once tried to sell it for $32 million saw its asking price cut by $5 million on Thursday, to $23 million.

Known as Le Grand Reve, the six-bedroom, chateau-style mansion, which commercial real estate executive Sherwin Jarol and his wife own, sits on 2.04 acres. Get the full story »