NOT LISTED FOR SALE

Estimated Value: $5,227,944 - $7,240,000

7 Beds
8 Baths
11,000 Sq Ft
$536/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $10,650,000 $968 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $35,851/month

18 Days on Market

Highlights

  • Second Kitchen
  • Rooftop Deck
  • Heated Floors
  • Mayer Elementary School Rated A-
  • Second Garage
  • 2-minute walk to Oz Park

About This Home

As of May 2023

Wonder of wonders. Rarely available three lot property (75' by 124)' in the heart of East Lincoln Park on prime Orchard Street. Incredible limestone home with stunning recently redone (2020) one-of-a-kind additions to the home and grounds. The home is an extraordinary property with a large and gracious floorplan oriented to take advantage of the lush south side yard. Nature is seamlessly integrated into the plan. The home has a grand center entrance. The formal living room and dining room flank the foyer. A soaring three-story staircase atrium with giant picture windows floods the home with light. The casual living space is remarkable. The kitchen is a cook's delight with two islands, eat in area, top of the line appliances, two dishwashers, butler's pantry, walk in pantry, three full sized refrigerators, six freezer drawers and wine/ beverage fridges. Huge adjacent family room leads to the outdoor kitchen, the wonderful decks and the magnificent yard. Also on this level; an office, mud room, two powder rooms, pet/kids' shower, thoughtful storage and an attached three car heated garage with roof deck on top. Property also has an additional detached two car garage for total of five parking spaces. Ascending the grand central staircase to the second level you will find a stunning primary suite and gorgeous bath, three additional bedrooms and large laundry room. The top floor is flexible and can be used in multiple ways. Currently configured with an office (could be additional bedroom), full bath, second kitchen, great sitting room and rec room. Large front and back decks with wonderful views wrap the house. The lower level offers a large great room, mirrored exercise space, two bedrooms, two baths, second laundry room, wine room, abundant storage and radiant heat. The outdoor space is truly one of the most unique and distinguished features of the home. Designed with privacy, the yard is a quiet oasis hidden from the street and architecturally integrated into the house. The professionally landscaped side yard, firepit, trellis, outdoor kitchen, decks, patio, sports court and lovely gardens make this space remarkable. No expense was spared with the renovation. The house has been superbly maintained. All new windows and French doors installed in the fall of 2022. Updated systems throughout. Four fireplaces, stunning light fixtures, gorgeous window treatments. Lovely interior design and exquisite landscaping make this such a special home. Steps to all Lincoln Park has to offer. Exclude: LR, DR and central stair chandeliers.

Last Agent to Sell the Property

Suzanne Gignilliat

@properties Christie's International Real Estate License #475147372 Listed on: 02/23/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Sharyl Mackey

Baird & Warner License #475108733

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,556

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 75x124
  • Fenced Yard
  • Landscaped Professionally
  • Sprinkler System
  • Additional Parcels

Parking

  • 5 Car Garage
  • Second Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Interior Spaces

  • 11,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Dry Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Drapes & Rods
  • French Doors
  • Mud Room
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room
  • Home Gym

Kitchen

  • Second Kitchen
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Sump Pump
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Brick Porch or Patio
  • Terrace
  • Fire Pit
  • Outdoor Grill

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,556

Year Built

Built in 2001

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop, Range Hood
  • Basement: English
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bedrooms: 7
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 4
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Bar-Wet, Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s), Separate Dining Room
  • LivingArea: 11000
  • Other Equipment: Security System, CO Detectors, Sump Pump, Sprinkler-Lawn
  • Room Type: Kitchen, Balcony/Porch/Lanai, Bedroom 5, Bedroom 6, Bedroom 7, Breakfast Room, Deck, Exercise Room, Great Room, Mud Room, Office, Pantry, Recreation Room, Sitting Room, Storage, Terrace, Utility Room-Lower Level, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Rec/Family Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Great Room
  • Total Sq Ft: 0
  • Door Features: French Doors
  • Window Features: Blinds,Curtains/Drapes,Window Treatments
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Roof Deck, Brick Paver Patio, Storms/Screens, Outdoor Grill, Fire Pit
  • List Price: 12500000
  • Lot Features: Fenced Yard, Landscaped
  • OtherStructures: Second Garage
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 5
  • Number of Cars: 5
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Multiple Locations, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Oscar Mayer Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 75X124
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 97556.2
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2012
Sold by
Pothast Grant E and Schell Margaret
Bought by
1956 North Orchard Street Llc
Current Estimated Value
$5,900,981

Purchase Details

Closed on
Aug 23, 2011
Sold by
Pothast Grant E
Bought by
Pothast Grant E and Pothast Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 1998
Sold by
Gershkon Joel H and Gershkon Bonnie G
Bought by
Pothast Grant and Pothast Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1956 North Orchard Street Llc $5,300,000 Cti
Pothast Grant E -- None Available
Pothast Grant $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pothast Grant $2,000,000
Previous Owner Pothast Grant $900,000
Previous Owner Pothast Grant $613,500
Previous Owner Pothast Grant $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $10,650,000 -14.8% $968 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $12,500,000 -- $1,136 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $44,384 $254,332 $47,663 $206,669
2023 $45,930 $212,021 $38,438 $173,583
2022 $45,930 $225,016 $38,438 $186,578
2021 $44,913 $225,014 $38,437 $186,577
2020 $39,520 $178,956 $33,825 $145,131
2019 $38,737 $194,518 $33,825 $160,693
2018 $38,085 $194,518 $33,825 $160,693
2017 $41,917 $196,405 $27,675 $168,730
2016 $39,088 $196,405 $27,675 $168,730
2015 $35,750 $196,405 $27,675 $168,730
2014 $28,135 $152,922 $21,525 $131,397
2013 $27,574 $152,922 $21,525 $131,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11724754

Midwest Real Estate Data (MRED)

APN: 14-33-301-058-0000