Seller's Agent in 2022
Sharon Gillman
Compass
(312) 925-2700
2 in this area
84 Total Sales
79 E Elm St Chicago, IL 60611
Gold Coast NeighborhoodEstimated Value: $3,181,477 - $3,470,000
5
Beds
8
Baths
6,500
Sq Ft
$519/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Rooftop Deck
- Heated Floors
- Lincoln Park High School Rated A
- Sauna
- 4-minute walk to Mariano (Louis) Park
About This Home
As of October 2022Upon entering the ornate 10' tall double doors into this regal brownstone on historic Elm Street, you are immediately graced with a sense of modern grandeur. Originally built in 1896 and completely gut-rehabbed, this 6,500 SF contemporary open floor-plan spared no expense. Highlights include 11 foot high ceilings, rare Versailles-patterned birch wood floors, and double crown moldings including extra high baseboards. These features offer a nod to the home's historic roots and juxtaposed with modern decor and finishes. The gourmet chef's kitchen boasts walls of Boffi white lacquered cabinetry, an impressive 11 ft. long island/breakfast bar with 2" thick quartz cantilevered countertops and integrated top-of-the-line appliances - Miele oven, microwave/convection, Miele espresso machine, and SubZero refrigerator with separate freezer. Full height windows face a lush, private 20' x 20' backyard garden, easily accessed from kitchen or lower level. The garden and rooftop deck- with views of the Lake- are idyllic city escapes in the comfort of your home! The 2nd floor is a gracious primary suite including a library/office with large bay windows and ornate fireplace, enormous primary bedroom with ensuite double door 8' x 14' boudoir/walk-in closet and luxe primary bath. Enjoy a cozy lower level with high ceilings, radiant heated floors, a full second kitchen including a Miele microwave and convection oven, and SubZero refrigerator, ice maker, and wine refrigerator. Other amenities include multiple storage closets, mudroom area, laundry room, an ensuite 5th bedroom and an additional bathroom with a steam shower. This prime Gold Coast location is steps to the Lakefront, shopping on Rush and State Streets and Michigan Avenue, and top restaurants.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,232
Year Built
- Built in 1899 | Remodeled in 2008
Lot Details
- 2,200 Sq Ft Lot
- Lot Dimensions are 20 x 109
- Fenced Yard
- Landscaped Professionally
- Mature Trees
- Garden
Parking
- 2 Car Detached Garage
- Leased Parking
- Heated Garage
Home Design
- Victorian Architecture
- Stone Foundation
- Rubber Roof
Interior Spaces
- 6,500 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Ceiling height of 10 feet or more
- Skylights
- Wood Burning Fireplace
- Blinds
- Family Room Downstairs
- Living Room with Fireplace
- 5 Fireplaces
- Combination Dining and Living Room
- Library
- Sun or Florida Room
- Sauna
- Intercom
Kitchen
- Second Kitchen
- Double Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
- Soaking Tub
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
- Terrace
Schools
- Ogden Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Radiant Heating System
- Individual Controls for Heating
- 200+ Amp Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2022
Closed on
Oct 19, 2022
Sold by
Reese John D
Bought by
Anderson Mark Edward and Anderson Sarah Weinkauf
Seller's Agent
Sharon Gillman
Compass
Buyer's Agent
Lilianna Sekula-Lark
Compass
List Price
$3,195,000
Sold Price
$3,018,000
Premium/Discount to List
-$177,000
-5.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,826
Avg. Annual Appreciation
3.28%
Original Mortgage
$1,961,700
Outstanding Balance
$1,872,792
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,498,034
Purchase Details
Closed on
Mar 27, 2008
Sold by
Chicago Title Land Trust Co
Bought by
Reese John D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 8, 2005
Sold by
Mcnulty William G
Bought by
Chicago Title Land Trust Co and Trust #1114544
Purchase Details
Closed on
May 2, 2005
Sold by
Mcnulty W M G
Bought by
Phinix Equities Ltd
Purchase Details
Closed on
Mar 26, 2004
Sold by
First American Bank
Bought by
The William G Mcnulty Jr Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anderson Mark Edward | $3,018,000 | Old Republic Title | |
| Reese John D | $3,900,000 | Multiple | |
| Reese John D | $3,900,000 | Multiple | |
| Chicago Title Land Trust Co | $1,275,000 | Ticor Title Insurance | |
| Phinix Equities Ltd | $1,275,000 | -- | |
| The William G Mcnulty Jr Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Mark Edward | $1,961,700 | |
| Previous Owner | Reese John D | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2022 10/24/22 | Sold | $3,018,000 | -5.5% | $464 / Sq Ft |
| 09/02/2022 09/02/22 | Pending | -- | -- | -- |
| 08/20/2022 08/20/22 | For Sale | $3,195,000 | +5.9% | $492 / Sq Ft |
| 08/19/2022 08/19/22 | Off Market | $3,018,000 | -- | -- |
| 08/05/2022 08/05/22 | For Sale | $3,195,000 | +5.9% | $492 / Sq Ft |
| 08/04/2022 08/04/22 | Off Market | $3,018,000 | -- | -- |
| 07/15/2022 07/15/22 | Price Changed | $3,195,000 | -2.4% | $492 / Sq Ft |
| 05/13/2022 05/13/22 | Price Changed | $3,275,000 | -3.5% | $504 / Sq Ft |
| 03/30/2022 03/30/22 | For Sale | $3,395,000 | -- | $522 / 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 | $36,026 | $263,717 | $68,310 | $195,407 |
| 2024 | $36,026 | $263,717 | $68,310 | $195,407 |
| 2023 | $43,397 | $170,745 | $55,000 | $115,745 |
| 2022 | $43,397 | $210,990 | $55,000 | $155,990 |
| 2021 | $42,428 | $210,990 | $55,000 | $155,990 |
| 2020 | $41,232 | $185,089 | $29,216 | $155,873 |
| 2019 | $41,319 | $205,655 | $29,216 | $176,439 |
| 2018 | $36,350 | $184,021 | $29,216 | $154,805 |
| 2017 | $29,808 | $138,466 | $29,216 | $109,250 |
| 2016 | $25,796 | $128,792 | $29,216 | $99,576 |
| 2015 | $21,828 | $119,119 | $29,216 | $89,903 |
| 2014 | $22,101 | $119,119 | $29,216 | $89,903 |
| 2013 | $21,665 | $119,119 | $29,216 | $89,903 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Gillman
-
Marissa Schaefer
Seller Co-Listing Agent in 2022
Marissa Schaefer
Compass
(312) 560-8400
2 in this area
39 Total Sales
-
Lilianna Sekula-Lark
L
Buyer's Agent in 2022
Lilianna Sekula-Lark
Compass
(312) 944-8900
3 in this area
72 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11361141
APN: 17-03-201-025-0000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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