Seller's Agent in 2023
Carrie McCormick
@ Properties
(312) 961-4612
54 in this area
719 Total Sales
Estimated Value: $2,272,042 - $2,785,000
Experience classic Chicago living at its finest in this Gold Coast Greystone home with a rich history. Originally built by Potter Palmer, the visionary behind the Palmer House, this stunning property offers a rare opportunity to own a piece of Chicago's past. Zoned DR-3, this property offers various possibilities for use, making it ideal for those seeking an investment opportunity or a spacious home for multi-generational living. The property features a sun-filled owner's duplex-up unit that spans two full floors and a partial third floor with a rooftop deck, providing breathtaking views of the city skyline and Lake Michigan. The main floor features a spacious open floor plan that is perfect for entertaining. Large, south-facing bay windows flood the room with natural light, highlighting the impressive 10' ceilings, built-in bookcases, hardwood flooring, moldings, and charming arched doorways. An 1880 Art Nouveau French Pewter Mantle Fireplace adds warmth and elegance to the formal living room. Pass through the gracious arches to the large formal dining room onto the large kitchen with a family room centered by a fireplace. The backstairs lead to the paved back patio perfect for grilling and entertaining. The second floor boasts three full bedrooms, three full bathrooms, skylights, an office/library, and a balcony spanning the width of the building. The primary bedroom features a third fireplace, three closets, and a bathroom with separate shower, double sink vanity, Jacuzzi tub, and sauna. An enclosed kitchenette on the partial third floor leads to a private rooftop deck, perfect for gardening and hosting while enjoying stunning city views. The property also includes a first-floor unit with two bedrooms, two bathrooms, a full kitchen, and a balcony, as well as a garden unit with one bedroom, one bathroom, and a kitchen, each with their own egresses. All units feature quality finishes, separate in-unit laundry, central furnaces, A/Cs, and water heaters. This magnificent home is nestled on a tree-lined Cedar Street, among historical mansions, in a walker's paradise location. One block to Lake Michigan and one block to the Triangle at Mariano Park, this property is steps away from high-end shopping and dining. Two valet garage spaces located across the street at 33 Cedar available for purchase. Don't miss your chance to own this elegant and historic Gold Coast Greystone, the perfect place to call home!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475123706 Listed on: 04/20/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 46 East Cedar Acquisition Llc | $2,430,000 | Chicago Title | |
| Harris Bank Hinsdale | $1,420,000 | 1St American Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 46 East Cedar Acquisition Llc | $2,142,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2023 08/01/23 | Sold | $2,520,000 | -8.4% | $843 / Sq Ft |
| 05/28/2023 05/28/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | For Sale | $2,750,000 | -- | $919 / Sq Ft |
| 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 | $43,464 | $246,000 | $79,643 | $166,357 |
| 2023 | $42,371 | $206,000 | $64,125 | $141,875 |
| 2022 | $42,371 | $206,000 | $64,125 | $141,875 |
| 2021 | $40,219 | $206,000 | $64,125 | $141,875 |
| 2020 | $40,536 | $187,547 | $44,887 | $142,660 |
| 2019 | $40,083 | $205,676 | $44,887 | $160,789 |
| 2018 | $42,805 | $222,881 | $44,887 | $177,994 |
| 2017 | $37,019 | $178,040 | $35,910 | $142,130 |
| 2016 | $35,159 | $178,040 | $35,910 | $142,130 |
| 2015 | $32,144 | $178,040 | $35,910 | $142,130 |
| 2014 | $29,149 | $159,674 | $30,780 | $128,894 |
| 2013 | $28,562 | $159,674 | $30,780 | $128,894 |
Seller's Agent in 2023
Carrie McCormick
@ Properties
(312) 961-4612
54 in this area
719 Total Sales
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Buyer's Agent in 2023
Thomas Klahn
Quest Realty Group LLC
(312) 620-5859
2 in this area
39 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11760073
APN: 17-03-201-045-0000