$3,699,000
bedrooms
6
bathrooms
0
square feet
0
Acreage
0.04
Open Houses
-
year built
1881
Full Baths
0
Half Baths
0
Own a landmark & consider your options with this incredible blue chip investment piece! Already a solid multi unit building generating income, you could convert portions of this gem to Airbnb or bed & breakfast and triple the income OR de-convert to Luxury Single Family and build on the rich history and incredible craftsmanship--they don't built it like this anymore! This Gold Coast Historical Greystone lovingly built by Potter Palmer in 1888 boasts approximately 7000 square feet , on a 24 x 90 foot lot; 4 rental units, plus a 4 car garage. The units can be converted into a single family, or maybe its an 8 unit rental building. All options are on the table! This is a great opportunity as while all units are currently rented, some leases are month to month or flexible to be bought out. 7 bedrooms and 6 bathrooms, beautifully restored moldings, the millwork alone will make your heart sing--hardwood flooring and 9 marble wood burning fireplaces will delight your senses. This historic home is the epitome of gilded age opulence. Five levels are currently divided into three apartments, offering a myriad of living options. Convert back to a magnificent single family home or capitalize on the amazing rental income in the desirable Gold Coast neighborhood with this epic location. Each unit currently has its own kitchen and front facing spacious living room; the third and fourth floor kitchens could easily be removed for additional bedrooms or living spaces. Many rooms have their original, or restored, fireplaces, carved oak mantles, and crown moldings. This home also offers a a 20x 15 private rooftop deck, several private balconies, and a lower level can be used as an office space. Three large master suite complete this spectacular home. There are endless possibilities, and the "studio" unit has just been completely rehabbed. All offers will be considered and reviewed, seller is motivated for the right buyer to come and make this next chapter a part of Chicago's compelling story. Must see to appreciate and understand the full potential...
Location | |
Subdivision | - |
County | Cook |
Elementary School | Ogden Elementary |
Middle School | Lincoln Park High School |
High School | - |
Exact location data not provided
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 12271730
Listing agent:
Nick Libert
#471016048
Listing broker:
Exit Strategy Realty
(312) 493-0920
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Monday, January 27 2025 at 9:40 p.m. EST
Kotohomes National
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