NOT LISTED FOR SALE

Estimated Value: $2,331,000 - $3,012,000

5 Beds
4.5 Baths
6,372 Sq Ft
$431/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $2,600,000 $408 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $17,736/month

47 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Greystone Architecture
  • Lincoln Park High School Rated A
  • Recreation Room
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of February 2023

6,372SF Property featured in Crain's Chicago Business on 07.24.20. Architecturally significant property blends the lines between vintage and modern living. Custom crafted perfection on this tree-lined street in the heart of the Gold Coast. Built by the legendary developer, Potter Palmer, this stately greystone was completely redesigned by its architect/owner. The home features 5 bedrooms and 4.5 bathrooms. Sleek, clean lines with expansive rooms throughout. Light pours through the home's oversized windows--whether in the kitchen enjoying the view of the beautifully appointed IPE wood deck, or from the third floor Library area. The custom steel staircase accents the home from the main to top levels. Oak quarter sawn ebony wood flooring adds a unique elegance to the living quarters with complimenting Porcelanosa tile in the finished basement. Superior, quality kitchen cabinetry by Arclinea. Kohler appointed bathrooms. Option to install elevator. Three HVAC zones. Security system with cameras. Walk to everything location. Steps to Lake Michigan, Oak St Beach, Mag Mile and Dining. Leased parking #25 at 40 E Cedar. Note 2021 Taxes lowered: $38,301.68

Last Agent to Sell the Property

Maria Liancourt

Berkshire Hathaway HomeServices Chicago License #475159682 Listed on: 11/01/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,302

Year Built

  • Built in 1896 | Remodeled in 2014

Lot Details

  • 2,561 Sq Ft Lot
  • Lot Dimensions are 20.5 x 125

Home Design

  • Greystone Architecture
  • Brick Foundation
  • Asphalt Roof
  • Limestone

Interior Spaces

  • 6,372 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,302

Year Built

Built in 1896 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • Rebuilt Year: 2007
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Basement: English
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 3
  • LivingArea: 6372
  • Room Type: Bedroom 5, Library, Office, Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room,Living Room,Other
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Brick/Mortar
  • OtherStructures: Other
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Limestone

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • 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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0588
  • Lot Dimensions: 20.5 X 125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 38301.68
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Feb 1, 2023
Sold by
Breck Living Trust
Bought by
Lin Liang and Vasileva Anastasiia
Seller's Agent
Maria Liancourt
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$2,775,000
Sold Price
$2,600,000
Premium/Discount to List
-$175,000
-6.31%
Views
16
Current Estimated Value
$2,746,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,018
Avg. Annual Appreciation
1.92%
Original Mortgage
$1,690
Outstanding Balance
$1,629
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$2,744,389

Purchase Details

Closed on
Feb 22, 2022
Sold by
Laincourt Maria and Ochoa Maria
Bought by
Liancourt Maria and Redondo Fernando

Purchase Details

Closed on
Feb 8, 2022
Sold by
Laincourt Maria and Ochoa Maria
Bought by
Liancourt Maria and Redondo Fernando

Purchase Details

Closed on
Mar 17, 2006
Sold by
Crawford Susan E and Crawford William R
Bought by
Redondo Fernando and Ochoa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 2003
Sold by
Lasalle Bank Na
Bought by
Crawford Susan E and Crawford William R

Purchase Details

Closed on
Nov 12, 2002
Sold by
Stanley M Abramson Family Trust
Bought by
Lasalle Bank National Assn and Trust #130448

Purchase Details

Closed on
Jul 22, 1994
Sold by
Cosmopolitan Bank & Trust
Bought by
Abramson Stanley M and Robleski Lynda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lin Liang $2,600,000 None Listed On Document
Liancourt Maria -- --
Liancourt Maria -- --
Redondo Fernando $1,500,000 Ct
Crawford Susan E $1,600,000 Ctic
Lasalle Bank National Assn -- --
Abramson Stanley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Liang $1,690
Previous Owner Redondo Fernando $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2023 02/13/23 Sold $2,600,000 -6.3% $408 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $2,775,000 -- $435 / 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 $40,190 $248,000 $79,550 $168,450
2023 $39,158 $193,800 $64,050 $129,750
2022 $39,158 $193,800 $64,050 $129,750
2021 $38,302 $193,800 $64,050 $129,750
2020 $41,861 $191,016 $44,835 $146,181
2019 $41,026 $207,627 $44,835 $162,792
2018 $40,335 $207,627 $44,835 $162,792
2017 $38,948 $184,300 $35,868 $148,432
2016 $36,413 $184,300 $35,868 $148,432
2015 $33,772 $184,300 $35,868 $148,432
2014 $28,146 $151,699 $30,744 $120,955
2013 $27,590 $151,699 $30,744 $120,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11664499

Midwest Real Estate Data (MRED)

APN: 17-03-201-044-0000