Convicted insurance broker Michael Segal's historically-recognized estate has been sold for $17.6 million, after an agreement was reached between the buyer and preservationists.

The Landmarks Preservation Council of Illinois and the National Trust Fund for Historic Preservation reached an agreement with the buyer, Orren Pickell, owner of the development firm Orren Pickell Designers & Builders, Lincolnshire, Ill.

U.S. District Court Judge Ruben Castillo, in Chicago, who presided over Mr. Segal's trial, approved the sale of the Becker-Segal Estate in Highland Park, Ill., in October.

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