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  • $455,000

     Chicago, IL 60615

    7beds
    5,500sqft
    Single Family Residence
    Built in 1880
    0.44 Acres Lot
    $1,646,400 Zestimate®
    $83/sqft
    $5,705 Estimated rent

    Home value

    $1,646,400

    $1.07M - $2.45M

    $5,705/mo

    Zestimate® history
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    $3,102/mo

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    What's special

    **Captivating Investment Opportunity: 1880's Victorian & Brick Coach House** Welcome to a rare gem in the Kenwood/Hyde Park Community. Nestled on a sprawling 19,000+ square feet lot, this property presents an exceptional investment opportunity for savvy investors seeking prime real estate for development. **Property Highlights:** - **Historic Charm:** Built in the 1880s, the Victorian residence exudes timeless elegance, while the brick Coach House adds character and versatility to the property. - **Expansive Lot:** Spanning over 19,000 square feet, this sizable lot boasts a length of 284 feet, offering ample space for various development possibilities. - **Premier Location:** Situated in a coveted location, the property enjoys easy access to major amenities, renowned schools, and vibrant entertainment hubs, making it an ideal choice for prospective buyers. - **Alley Access:** With alley access on the entire east side and north end of the lot, developers have the convenience of easy ingress and egress for construction purposes, enhancing the appeal for potential projects. **Development Potential:** The generous lot size and strategic location make this property an excellent canvas for development projects such as: - **Row-Homes:** With the lot's dimensions, there's potential for the creation of row-homes, catering to the demand for upscale urban living. - **Condo Building:** Explore the possibility of constructing a modern condo building, offering luxury residences that capitalize on the area's desirability. - **Multi-Unit Development:** Utilize the vast space to develop a multi-unit residential complex, accommodating the growing demand for rental properties in the area. **Property Details:** - **Victorian Residence:** Offering approximately 5500 square feet of living space, the Victorian residence awaits restoration, presenting an opportunity to breathe new life into its historic charm. - **Brick Coach House:** Comprising approximately 3000 square feet, the Coach House provides additional space and potential for renovation or repurposing to suit your vision. **Renovation Opportunity:** While the Victorian and Coach House are in need of renovation, this presents a blank canvas for investors to reimagine and revitalize these structures, adding significant value to the property. **Don't Miss Out:** Rarely does an opportunity of this caliber present itself. Whether you're an experienced developer or an investor seeking to diversify your portfolio, this property offers endless potential and promises substantial returns on investment. Contact us today to schedule a viewing and unlock the possibilities that await with this remarkable real estate opportunity.

    Zillow last checked: 8 hours ago

    Listing updated: October 17, 2024 at 02:00am

    Listing courtesy of:

    Paulette Edwards 773-837-0383,

    Coldwell Banker Realty,

    Sybil Martin,

    Coldwell Banker Realty

    Bought with:

    Arkadiusz Szejgiec

    Coldwell Banker Real Estate Group

    Source: MRED as distributed by MLS GRID,MLS#: 12020593MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Bathroom (Full)
    • Level: Second
    • Area: 240 Square Feet
    • Dimensions: 20X12
    Bedroom 2
    • Level: Second
    • Area: 255 Square Feet
    • Dimensions: 17X15
    Bedroom 3
    • Level: Second
    • Area: 225 Square Feet
    • Dimensions: 15X15
    Bedroom 4
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Bedroom 5
    • Level: Second
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Bedroom 6
    • Level: Third
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Other
    • Level: Third
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Dining room
    • Level: Main
    • Area: 600 Square Feet
    • Dimensions: 20X30
    Family room
    • Level: Main
    • Area: 4200 Square Feet
    • Dimensions: 60X70
    Kitchen
    • Features: Kitchen (Eating Area-Table Space, Pantry-Closet)
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 12X17
    Kitchen 2nd
    • Level: Second
    • Area: 90 Square Feet
    • Dimensions: 10X9
    Laundry
    • Level: Second
    • Area: 81 Square Feet
    • Dimensions: 9X9
    Living room
    • Level: Main
    • Area: 1200 Square Feet
    • Dimensions: 40X30
    Recreation room
    • Level: Third
    • Area: 4200 Square Feet
    • Dimensions: 60X70
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Main Level, Upper Level
    Features
    • Built-in Features, Walk-In Closet(s), High Ceilings, Historic/Period Mlwk, Special Millwork, Separate Dining Room, Pantry
    • Flooring: Hardwood
    • Basement: Unfinished,Full,Daylight
    • Attic: Full,Pull Down Stair,Unfinished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Decorative, More than one, Family Room, Living Room, Master Bedroom, Basement, Den/Library, Dining Room, Exterior, Grand Entry Hall, Great Room, Kitchen
    Interior area
    • Total structure area: 8,000
    • Total interior livable area: 5,500 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Concrete, Circular Driveway, Off Alley, On Site, Garage Owned, Detached, Off Street, Driveway, Alley Access, Additional Parking, Storage, Owned, Garage
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 3
    Lot
    • Size: 0.44 Acres
    • Dimensions: 285 X 69
    Details
    • Additional structures: Carriage House
    • Parcel number: 20111100100000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence
    Materials
    • Brick, Concrete, Plaster
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Community
    • Community features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved, Other
    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/16/2024Sold$455,000$83/sqft
    Source: MRED as distributed by MLS GRID #12020593 Report a problem
    7/24/2024Listed for sale$455,000$83/sqft
    Source: MRED as distributed by MLS GRID #12018184 Report a problem
    6/27/2024Contingent$455,000$83/sqft
    Source: MRED as distributed by MLS GRID #12020593 Report a problem
    5/17/2024Price change$455,000-27.2%$83/sqft
    Source: MRED as distributed by MLS GRID #12018184 Report a problem
    4/4/2024Price change$625,000+4.3%$114/sqft
    Source: MRED as distributed by MLS GRID #12020593 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$48,088 +1.4%$236,703
    2022$47,419 +2.2%$236,703
    2021$46,393 +5.2%$236,703 +16.2%

    Neighborhood: Kenwood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $1,646,400
    2% more+ $32,928
    With Zillow Showcase(estimated)
    $1,679,328