Planes, Trains, and Outrageous Property Taxes

Film, Neighborhoods



Planes, Trains, and Automobiles is one of my all-time favorite comedies, so my interest was piqued when I learned that a home featured prominently in the film had gone on the market. The house — owned on screen by advertising exec Neil Page, played by Steve Martin — can be yours for the sizable sum of $1.79 million. You’ll also need to come up with $25K/year to cover the property taxes.

Frankly, for any home priced north of $500K, I’d expect a fresh coat of blacktop on the driveway. But, as always in real estate, it’s a matter of location, location, location. The home sits two blocks from Lake Michigan in the tony hamlet of Kenilworth, ranked by Forbes as America’s second most affluent neighborhood.