NOT LISTED FOR SALE

Estimated Value: $2,679,724 - $3,677,000

7 Beds
6.5 Baths
7,150 Sq Ft
$466/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2022

Last sale price $3,250,000 $455 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $22,715 / mo

88 Days on Market

Highlights

  • Home Theater
  • Deck
  • Traditional Architecture
  • Lincoln Park High School Rated A
  • Recreation Room
  • 4-minute walk to Mariano (Louis) Park

About This Home

As of May 2022

This Potter Palmer Gold Coast mansion has been completely renovated and updated for today. Five impressive levels of living including one of the best lower levels in the neighborhood. Amazing spaces to gather and entertain. Extra wide interiors and gracious ceiling heights add to the grand feeling of this home. Up to the minute finishes throughout with the clever interiors designed by Meg Caswell. The white kitchen features amazing custom cabinetry and storage, marble and stainless countertops, all top end appliances, plus a butler's pantry space with a wine fridge, additional storage, and an eat-in space for informal dining. Both the kitchen and eat-in space are open to the great room with a fireplace flanked by built ins and access to a large back deck. Seven bedrooms can be found on the top three levels of the home. The generous owner's suite features huge windows with a built-in window seat, a fireplace, and fabulous built-ins. A large walk through closet leads to the serene bath with dual sinks and a separate tub and shower. An additional bedroom suite, currently set up as a working office, features a south facing terrace. Bedroom level laundry can also be found on this floor. Two more huge bedroom suites are located on the third floor, along with an additional laundry room. The top floor has three more bedrooms and a well appointed hall bath. The previously unfinished lower level has been completely transformed into an amazing place to relax or entertain with new ceiling heights for today's lifestyles. There is a large media room, gym or recreational space, a super functional and well designed mudroom, full bath, and a wine cellar/tasting room. Steps from all of the Gold Coast has to offer! Walk to the lakefront, high end shopping, and some of the city's best dining! This home could be sold fully furnished!

Last Agent to Sell the Property

Emily Sachs Wong

@properties Christie's International Real Estate License #475104005 Listed on: 02/28/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Eric Casper

Engel & Voelkers Chicago License #475162187

Engel & Voelkers Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,210

Year Built

  • Built in 1887 | Remodeled in 2015

Lot Details

  • 2,470 Sq Ft Lot
  • Lot Dimensions are 23x108

Home Design

  • Traditional Architecture
  • Rubber Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,150 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Skylights
  • 5 Fireplaces
  • Mud Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Recreation Room
  • Laundry in multiple locations

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Schools

  • Ogden Elementary
  • Lincoln Park High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,210

Year Built

Built in 1887 | Remodeled in 2015

Lot Details

2,470 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 4+ Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 4+ Stories
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • Fireplaces: 5
  • Interior Amenities: Skylight(s), Hardwood Floors, Second Floor Laundry, Built-in Features
  • LivingArea: 7150
  • Room Type: Bedroom 5, Bedroom 6, Recreation Room, Bedroom 7, Breakfast Room, Media Room, Mud Room, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Bathroom: Full

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Multiple Locations
  • 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: Ogden Elementary
  • High School: Lincoln Park High School
  • Middle/Junior School: Ogden Elementary

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0567
  • Lot Dimensions: 23X108
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 48209.62
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 25, 2022
Sold by
Davies Nicholas J and Davies Katherine M
Bought by
Speh Properties Llc
Seller's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
Buyer's Agent
Eric Casper
Engel & Voelkers Chicago
List Price
$3,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$250,000
-7.14%
Current Estimated Value
$3,329,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,241
Avg. Annual Appreciation
0.63%

Purchase Details

Listed on
Mar 22, 2013
Closed on
Aug 12, 2013
Sold by
Waters Ronald V and Waters Ann C
Bought by
Davies Nicholas J and Daley Katherine M
Seller's Agent
Meredith Manni-Meserow
Jameson Sotheby's Int'l Realty
Buyer's Agent
Kimberly Barnett
@properties Christie's International Real Estate
List Price
$2,800,000
Sold Price
$2,450,000
Premium/Discount to List
-$350,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$1,837,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2000
Sold by
Colten Harvey R and Colten Susan J
Bought by
Waters Ronald V and Waters Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Interest Rate
7.4%

Purchase Details

Closed on
Nov 29, 1996
Sold by
Obrien Hohorst James H and Obrien Hohorst Katharine
Bought by
Colten Harvey R and Colten Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.01%
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
Speh Properties Llc $3,250,000 Proper Title
Davies Nicholas J $2,450,000 None Available
Waters Ronald V $2,225,000 Chicago Title Insurance Co
Colten Harvey R $1,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davies Nicholas J $1,837,500
Previous Owner Waters Ronald V $1,780,000
Previous Owner Colten Harvey R $900,000
Closed Waters Ronald V $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $3,250,000 -7.1% $455 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $3,500,000 +42.9% $490 / Sq Ft
08/12/2013 08/12/13 Sold $2,450,000 -12.5% $384 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $2,800,000 -- $439 / 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 $57,430 $326,000 $76,756 $249,244
2024 $57,430 $326,000 $76,756 $249,244
2023 $63,638 $272,192 $61,800 $210,392
2022 $63,638 $309,400 $61,800 $247,600
2021 $67,003 $333,200 $61,800 $271,400
2020 $48,210 $219,513 $43,260 $176,253
2019 $50,139 $252,985 $43,260 $209,725
2018 $52,943 $271,454 $43,260 $228,194
2017 $36,583 $173,314 $34,608 $138,706
2016 $39,457 $199,500 $34,608 $164,892
2015 $36,558 $199,500 $34,608 $164,892
2014 $34,798 $187,553 $29,664 $157,889
2013 $33,633 $187,553 $29,664 $157,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11334801

Midwest Real Estate Data (MRED)

APN: 17-03-201-060-0000

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