4801 S Ellis Ave, Chicago, IL 60615

6 beds7.5 baths8,800 sqft Edit

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Sold: $2,625,000
Sold on 09/18/13
Zestimate®: $2,825,615
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My Notes

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This landmark residence was designed by Horatio R. Wilson and completed in 1908. Many original architectural elements have been preserved, including ornate plaster moldings, extensive millwork, custom built-in casework, 6 working fireplaces, original door hardware, a double staircase, and a counterweight pulley-operated elevator. The home is set on a magnificent half-acre lot and was featured in the 1996 movie Chain Reaction with Keanu Reaves.Purchased in 2004, the residence remained vacant for nearly two years as it was meticulously renovated. Garry Hattam was the contractor, and Eric Mullendore, known for his expertise in the refurbishment of historic homes, was the architect. The outdoor space was redesigned by Heffernan Landscape Design.More than $2 million has been invested into the home since 2004, and the result provides the best of both worlds: historic significance and character combined with 21st century amenities. Today, the home offers approximately 8,800 square feet of living space plus a 2,600 square foot basement. There is ample family and entertaining space, as well as an oversized master suite, up to 5-7 additional bedrooms, 6 full baths, and 3 powder rooms. In addition, there is a new 4-car garage with a gated side drive. Featured in Crains Chicago Business, the backyard offers fabulous recreational space within a completely private environment.The home is located in the Hyde Park-Kenwood Historic District, which includes some of the largest and most architecturally significant homes in Chicago.Hyde Park is home to the acclaimed University of Chicago and a vibrant commercial district that includes the Harper Theater cinema and numerous restaurants. A Whole Foods Market location will open in 2014, complimenting the existing Treasure Island Foods.The area is known for its lush, beautiful parks and recreational amenities including the 365-acre Washington Park, public beaches, the lakefront trail, and the Museum of Science and Industry. To the north, the new 31st Street Harbor offers 1,000 boat slips.With the expressway and the Green Line L to its west and Lake Shore Drive and the Metra train on the east, Hyde Park offers commuters fast, easy access to downtown.To learn more about this home, visit www.4801Ellis.com.If you think this home might be right for you, please call or email us. We are standing by to answer your questions or schedule a time for you to walk through with a member of our team.  More Less 

Facts

  • Lot: 0.48 acres
  • Single Family
  • Built in 1908
  • Views: 2,290 all time views
  • Cooling: Central
  • Last sold: Sep 2013 for $2,625,000
  • Last sale price/sqft: $298

Features

  • Fireplace
  • Parking: Garage - Detached

    Construction

    • Exterior material: Brick
    • Roof type: Asphalt
    • Stories: 2
    • Unit count: 1

    Other

    • Floor size: 8,800 sqft
    • Parcel #: 20111070310000
    • Zillow Home ID: 3984736

    Zestimate Details

    Zestimate
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    $2,825,615
    +$38,880 Last 30 days
    $2.66M
    $3.31M
    Zestimate range
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    $4,640/mo
    -$399 Last 30 days
    $2.6K
    $9.3K
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    2,290 all-time views
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    253 forecasted views of this home
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    Comparable Homes

    Homes like this sold for $2.0-2.33M.

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    Mortgages

    Neighborhood: Kenwood

    Zillow predicts Kenwood home values will fall 1.5% next year, compared to a 0.3% decrease for Chicago as a whole. Among Kenwood homes, this home is valued 1643.1% more than the midpoint (median) home, and is valued 20.2% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Kenwood, the number of foreclosures waiting to be sold is 23.7% lower than in Chicago, and 371.4% greater than the national average. This lower local number could help Kenwood home values rise more quickly than other regions in Chicago.

    Learn more about forecast calculations or Kenwood home values.
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      Nearby Schools in Chicago

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