Working with the architect Patrick Fortelka—and using three kinds of Wisconsin quarry stone, a two-story copper-framed window bay, and a sharp-peaked slate roof—the Hinsdale-based homebuilder Jim McMahon has crafted a new residence that resembles a centuries-old English manor. Inside, the house has 13 rooms (six of them bedrooms), a dramatic stair tower, six fireplaces, and a stone-walled wine room.
The buyers are Vince and Phyllis Naccarato. For 30 years, Vince Naccarato ran Wilton Industries, a Woodridge company that makes cake decorating tools, kitchen gadgets, and other household objects. Naccarato left the company to start his own investment business after a Chicago equity firm bought Wilton last August for about $700 million."We were looking to build our own house, but we thought of the trials and tribulations of doing that,” he says."We found this great house and decided it was a better idea.”
In late October, the couple cut a deal with McMahon, and three days later the house was theirs. In September 2006, McMahon, the president of J. P. McMahon Builders, sold another one of his houses for $5.03 million, the highest price ever paid for a newly constructed residence in Hinsdale. In late November, McMahon said he was about to sell another new house in the western suburbs for more than $5 million, but that deal had not closed at presstime.
4 days ago