This is actually a 2nd sighting. Both my wife and I witnessed both. The previous sighting was middle December and was similar in discription in every way except the location was further from the current sighting.
Location
Address
Streamwood, IL
Latitude
42° 1' 48.66'' N (42.030183°)
Longitude
88° 11' 19.22'' W (-88.188672°)
Elevation
250.695m
Time and Duration
Local Date & Time
2018-01-03 17:30 CST
UT Date & Time
2018-01-03 23:30 UT
Duration
≈1.5s
Direction
Moving direction
From down left to up right
Descent Angle
41°
Moving
Facing azimuth
92.35°
First azimuth
120.62°
First elevation
60°
Last azimuth
90.81°
Last elevation
33°
Brightness and color
Stellar Magnitude
-7
Color
First appeared bright white then fizzled a bit red.