Exquisite and Timeless Winnetka, Illinois Estate to be Sold by Concierge Auctions to the Highest Bidder on October 29th

WINNETKA, Ill., Sept. 7, 2011 /PRNewswire/ -- Le Grand Reve, an exquisite French chateau situated on the most exclusive enclave in Chicago's North Shore and boasting nearly 30,000 square feet including a spa, gym and wine cellar, located just 14 miles outside of downtown Chicago, will sell at a live, on-site auction on October 29th, Concierge Auctions has announced. Originally listed for $32 million, the property will sell fully furnished to the highest bidder. The sale is being conducted in cooperation with listing agent Tim Salm of Jameson Sotheby's International Realty.

"Le Grand Reve blends exquisite style with modern conveniences and technology and is perfect for both grandiose entertaining and everyday living," Salm stated. "The owner is committed to selling and in turn is willing to allow the bidders to name the price. This is a special, exclusive property, unlike any other in Chicago's North Shore, and the auction presents a tremendous opportunity to own the ultimate luxury lifestyle for your bid price."

Designed by world-famous architect Richard Landry of Landry Design Group and modeled after Chateau Villandry in France's Loire Valley, 68 Locust Road is an architectural gem located on 2+ acres in one of the country's most exclusive neighborhoods. The estate includes six bedrooms, eight bathrooms and an incredible entrance highlighted by a Tiffany stained glass dome and two-story rotunda. In addition to a grand kitchen with top-of-the-line appliances, a grand room and a elegant formal dining room, additional amenities include a butler's pantry and kitchen, wine cellar, spa vestibule and salon, exercise room, library and soundproofed theater with stadium seating. There are staff quarters, an additional guest room and a gift-wrapping/craft room. Within the limestone-walled and gated property, the grounds include manicured gardens and lawns, extensive covered loggias, a custom, heated swimming pool and spa, and a 5-car heated garage, which is double height to allow storage for up to 10 cars.

"We have sold ultra-luxury properties throughout the nation, but Le Grand Reve is the most impeccable, masterfully-constructed home we have ever had the pleasure to represent. From the custom, plaster crown moldings throughout to the hand-forged iron railings with gold accents, every design element and finish was intricately contemplated and detailed," stated Laura Brady, Vice President of Marketing for Concierge Auctions. "Anyone interested in owning one of the most exclusive residences in the nation should take notice. When the gavel goes down on October 29th, we will name a new steward of this timeless estate."

Winnetka is an affluent village located approximately 14 miles north of downtown Chicago. In 2007, the town was ranked by CNN Money as having the 4th highest median household income in the country, and in 2009 it was named 4th on the list of America's 25 top-earning towns and "one of the best places to live" by CNN Money. Picturesquely situated on the shore of Lake Michigan, the village is made up of tranquil tree-shaded streets and family-oriented neighborhoods as well as three quaint in-town business districts that are home to a variety of shops and businesses. Recreational facilities abound in Winnetka. Four public beaches and a boat launch, numerous parks, athletic fields, an indoor tennis club, ice rink, public golf course and forest preserve areas offer year-round activities for its residents.

The live, on-site auction of 68 Locust Road will be held on October 29th. Bidders may participate in person or proxy via telephone or Internet. Attendance will be limited to registered bidders and their representatives. Pre-registration and qualification is required. Brokers are protected. See Auction Terms and Conditions for full details. The property is open for preview daily by appointment. For more information visit www.WinnetkaAuction.com or call 877-472-3686.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories.  The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years.  For more information, call 888-966-4759 or visit www.ConciergeAuctions.com

SOURCE Concierge Auctions