Former Portillo's CEO Sells Hinsdale Mansion for $7.15M

Michael Osanloo and his wife Mary sell their luxury home months after his departure from the restaurant chain.

Apr. 1, 2026 at 6:54pm

Got story updates? Submit your updates here. ›

Michael Osanloo, the former CEO of Oak Brook-based restaurant chain Portillo's, has sold his Hinsdale mansion for $7.15 million. The sale comes several months after Osanloo abruptly left his position at the helm of the popular hot dog and Italian beef eatery.

Why it matters

The sale of the Osanloo's luxury home in the affluent Chicago suburb of Hinsdale provides insight into the personal and professional transitions happening for the former Portillo's executive. High-profile leadership changes at major companies often lead to speculation about the reasons behind the departure.

The details

The Osanloo's Hinsdale home, which they purchased in 2018 for $5.8 million, features 6 bedrooms, 6 bathrooms, and over 8,000 square feet of living space. The property was listed for sale in February 2026 and closed in early April.

  • Osanloo left his role as Portillo's CEO in late 2025.
  • The Osanloo's Hinsdale home was listed for sale in February 2026.
  • The $7.15 million sale closed in early April 2026.

The players

Michael Osanloo

The former CEO of the Portillo's restaurant chain, who recently departed the company.

Mary Osanloo

The wife of former Portillo's CEO Michael Osanloo.

Got photos? Submit your photos here. ›

The takeaway

The sale of the Osanloo's luxury Hinsdale home suggests the former Portillo's CEO and his family are transitioning to a new chapter after his abrupt departure from the popular restaurant chain. The high-profile real estate transaction provides a glimpse into the personal and professional changes occurring for the Osanloos.