Can an off-lakefront Wilmette home command $4.5 million?

The asking price for the 6-bedroom, 6 ½ bath home at 723 8th St in Wilmette is $4,500,000. The home, built in 2011, boasts an outdoor pool and a 3-car garage on a nearly half-acre lot. The classic American Foursquare architecture of the home blends well with its East Wilmette neighbors.

Homes in the $4M+ price range are common in neighboring Winnetka, but virtually unheard of beyond the lakefront in Wilmette. Will this home command a $4M+ price?

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