New home along Wash Park sells for $3.66M; sets record for the neighborhood

600 S Franklin 1

A home at 600 S. Franklin St. in Washington Park sold for $3.66 million.
(Photo: Kate Tracy)

One of Washington Park’s most expensive home sales closed last week.

The three-story modern home at 600 S. Franklin St. sold for $3.66 million on Aug. 6, according to county records. That tops a home a few blocks away that sold for $3.3 million in 2016.

Georges Saad, owner of Forte Distinctive homes, scraped the previous 1920s duplex to make room for the new contemporary build that features a third-story patio overlooking the Washington Park lake and boathouse.

“It’s a very high-end, super modern house,” Saad said. “The location is one of the very unique corner lots.”

Address: 600 S. Franklin St.

Stats: 4,800 square feet with four bedrooms and 4 1/2 bathrooms

Seller: 600 S Franklin St LLC. Saad is the manager of the LLC, and he purchased the property in 2017 for $1.1 million. Saad also sold a neighboring house at 992 S. Franklin St. in 2016 for $3.3 million.

Buyer: 600 SFS LLC

The finer things: Elevator, open floor plan, natural stone, custom cabinets and glass railing on the third story overlooking Washington Park.

600 S Franklin 1

A home at 600 S. Franklin St. in Washington Park sold for $3.66 million.
(Photo: Kate Tracy)

One of the neighborhood’s most expensive home sales was a former 1920s duplex that closed last week.

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2 Comments

Kathy Kappas

Kate-
I don’t think that is a true sell but a loan conversion instead. Very misleading. Look at Seller’s name : 600 S. Franklin St., LLC
Buyer’s name: 600 SFS, LLC

I’m guessing the same owner, but different LLC names.

Kate Tracy

It was definitely a sale. The manager of the selling LLC is Georges Saad, who scraped the old property and built this new house. The person behind the buying LLC was not disclosed.

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