NOT LISTED FOR SALE

Estimated Value: $2,535,000 - $3,224,536

6 Beds
5.5 Baths
9,610 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $2,600,000 $271 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $20,482/month

205 Days on Market

Highlights

  • Sauna
  • 0.59 Acre Lot
  • Recreation Room
  • Kenwood Academy High School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2021

Although Benjamin Marshall is best known as the architect of lavish hotels and luxurious apartments, he began his career as the designer of large single-family urban houses. His partnership with Horatio Wilson produced high-style residences for wealthy businessmen, most of which were located in the Kenwood neighborhood on the city's south side. The majestic buildings of the Columbian Exposition inspired Marshall to become an architect; he became partners with Wilson at the age of 21. Young and charismatic, Marshall was versatile working in a variety of styles, as exemplified by this grand Tudor estate designed for Elliott Phelps in 1902. Sheathed in brick and detailed in limestone, the 9,000 sq ft house is situated on a verdant lot that showcases its wide porch, bay windows, steep gables and elaborate chimneys, while allowing for a porte-cochere and side driveway that lead to a stylistically similar coach house. This historically significant home exhibits grand and elegant entertaining spaces on the main level with two levels of private family space above, all surrounded by gated verdant grounds covering more than a half-acre. The current owners spent 18 months restoring the house to its original magnificent appearance; in 2008 the house was the recipient of Chicago Commission on Landmark's Preservation Excellence Award. In addition to the stunning exterior aesthetic, the interiors were restored and all mechanical systems are now state-of-the-art. Wilson & Marshall's houses featured luxurious interiors filled with finishes of inlaid mahogany and classical plaster work, and these are found throughout this 6-bedroom, 5 and 1/2 bath residence. From the moment you enter 4845 South Ellis, it is apparent this is truly one of the most extraordinary homes in the Kenwood Landmark District. Double mahogany and leaded glass doors open from the massive arched porch, leading one through a mosaic tiled vestibule into a classically detailed reception area with a grand staircase and welcoming fireplace, one of six in the home. The floor plan is perfect for entertaining, as imposing pocket doors open to the grand living room, with its lavish original mahogany millwork and beamed ceiling. The dramatic dining room offers seating for a dozen guests, with views overlooking the well-manicured grounds. Other spaces for enjoyment on the main level include the billiard room with its charming window seats, leaded glass windows and massive fireplace, a light-filled enclosed porch, and a cozy den with an adjacent outdoor terrace. And the kitchen is a chef's dream come true, with pantry storage, wet bar, top of the line appliances and built-in seating area. The impressive stairway rises three stories, past a sunlit seating area on the landing to a spacious sitting room that connects the three oversized bedrooms, each with an ensuite bath and heated floors. The owners' suite encompasses the entire north side of the second level and features large windows with a view of the neighborhood, the warmth of a fireplace, two generous walk-in closets and a luxurious bath with soaking tub and separate steam shower. And the practical has not been overlooked; closets are ample and the two-room laundry area is conveniently located. The third level has an enormous family room, 3 bedrooms and 2 full baths. The lower is unfinished, but primed with heated concrete floors, plumbing for 2 baths, caterer's kitchen and bar - leaving an abundance of space for a future wine cellar, gymnasium or home theater. Amid the fruit trees, herb garden and lush lawns are seating areas and a half basketball court. Additionally the coach house provides heated parking for up to 6 cars, and offers a 4-bdrm 2-bath apartment perfect for use as an office. Marshall was one of the country's most successful architects, yet preferred to think of himself as an artist. This is a home for the ages, where you can write the next chapter of its extraordinary history.

Last Agent to Sell the Property

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 08/19/2020

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199

Last Buyer's Agent

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 08/19/2020

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,088

Year Built

  • Built in 1902

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 195 x 132
  • Fenced Yard

Parking

  • 6 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 9,610 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Living Room with Fireplace
  • 6 Fireplaces
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Heated Sun or Florida Room
  • Sauna
  • Gallery
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,088

Year Built

Built in 1902

Lot Details

0.59 Acres

Parking

6

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: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplaces: 6
  • Interior Amenities: Sauna/Steam Room, Bar-Wet, Hardwood Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • LivingArea: 9610
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Den, Office, Library, Recreation Room, Sitting Room, Heated Sun Room, Gallery
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom,Other
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Tile
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 6
  • Number of Cars: 6
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.591
  • Lot Dimensions: 195 X 132
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 57088.4
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Jul 13, 2021
Sold by
Telman Nigel F and Telman Deborah H
Bought by
Nisar Adnan Ahmed and Nisar Aishah Chughtai
Seller's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
List Price
$3,200,000
Sold Price
$2,600,000
Premium/Discount to List
-$600,000
-18.75%
Current Estimated Value
$2,879,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,634
Avg. Annual Appreciation
2.20%
Original Mortgage
$2,080,000
Outstanding Balance
$1,874,043
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,005,591

Purchase Details

Closed on
Sep 1, 2006
Sold by
Silverman Holdings Llc
Bought by
Telman Nigel F and Telman Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2006
Sold by
Heyman Glenn R
Bought by
Silverman Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2001
Sold by
Kelsick Merlin
Bought by
Bahl Mary

Purchase Details

Closed on
Jul 15, 1997
Sold by
First National Bank Of Chicago
Bought by
Kelsick Merlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
9.5%

Purchase Details

Closed on
Jan 22, 1997
Sold by
Sheahan Michael F
Bought by
First National Bank Of Chicago
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nisar Adnan Ahmed $2,600,000 First American Title
Telman Nigel F $1,800,000 Near North National Title
Silverman Holdings Llc $1,450,000 Ticor Title
Bahl Mary -- --
Bahl Mary -- --
Kelsick Merlin $433,333 --
First National Bank Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nisar Adnan Ahmed $2,080,000
Previous Owner Telman Nigel F $1,440,000
Previous Owner Silverman Holdings Llc $995,000
Previous Owner Kelsick Merlin $552,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $2,600,000 -7.1% $271 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
12/04/2020 12/04/20 Price Changed $2,800,000 -12.5% $291 / Sq Ft
08/19/2020 08/19/20 For Sale $3,200,000 -- $333 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $62,404 $321,000 $159,607 $161,393
2024 $62,404 $321,000 $159,607 $161,393
2023 $60,618 $294,715 $128,715 $166,000
2022 $60,618 $294,715 $128,715 $166,000
2021 $58,595 $294,715 $128,715 $166,000
2020 $58,246 $264,568 $102,972 $161,596
2019 $57,088 $287,575 $102,972 $184,603
2018 $56,127 $287,575 $102,972 $184,603
2017 $47,919 $225,976 $84,951 $141,025
2016 $44,760 $225,976 $84,951 $141,025
2015 $40,928 $225,976 $84,951 $141,025
2014 $34,718 $189,687 $69,506 $120,181
2013 $34,021 $189,687 $69,506 $120,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10823073

Midwest Real Estate Data (MRED)

APN: 20-11-107-038-0000

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