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Working Lunch Thursday, July 10, 2025 | | |
| | | | | It's lunchtime, Chicago. A mansion on Lake Michigan in Kenilworth was listed Wednesday for $15 million, making it the north suburban village's highest-priced listing in history. Builder Paul Starrett, who constructed the Empire State Building in New York and the Lincoln Memorial in Washington, D.C., built the 7,341-square-foot mansion in 1906. Yoanna Kulas, founder and owner of the design firm Caladrius Studio, bought the mansion for $4.5 million in 2020 and began a top-to-bottom renovation. Kulas calls the mansion a
"treasure from a bygone era." In other housing news, Illinois homeowners with State Farm insurance will soon have to dig a little deeper into their pockets. The insurer will raise homeowners insurance rates in
the state by a whopping 27.2% beginning Aug. 15, according to a filing with the state last month. The rate hike will affect nearly 1.5 million policyholders. Read that story and more in today's Working Lunch. Top business stories | Real estate | Transportation | | | | Kenilworth's highest sale price on record is the $11.75 million sale of a Sheridan Road mansion in 2020. | | | | | Bloomington-based State Farm said the rate increase is driven by catastrophic losses related to extreme weather events in Illinois. | | | | | The administration has delayed signing an agreement to resolve negotiations over a federal complaint filed with the U.S. Department of Housing and Urban Development related to aldermanic power on Chicago zoning. | | | | | Racing tires are shredded into quarter-sized chips that can be used as aggregate in roadbeds, landfill liners and landscaping products. | | | | | Daily flights to the Mexican capital will start in late October, the airline said. American is also launching a brief seasonal service to Querétaro, Mexico, late this year. | | | | | In Long Grove, Antwaan Randle El’s new house was built in 2007 and has five bathrooms, two fireplaces, hardwood floor, a two-story foyer and a recently updated cedar shake roof. | | | |
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