1540 North Dearborn Parkway

Chicago, IL 60610

$5,950,000
Price
5
Beds
6
Baths
3
1/2 Baths
7,600 Sq. Ft.
$783 / Sq. Ft.
7,600
Sq. Ft.
$783
per Sq. Ft.

Description

Meticulously renovated with no expense spared, this magnificent 5-story freestanding Greystone on an oversized lot on one of the Gold Coast's most coveted blocks couples the grandeur of its original design with the functionality of modern living, creating a timeless masterpiece to enjoy for years to come. Centered around a breathtaking architectural staircase naturally lit from above by a showstopping glass and onyx dome, the 7600-square foot freestanding home is filled with an abundance of original...Meticulously renovated with no expense spared, this magnificent 5-story freestanding Greystone on an oversized lot on one of the Gold Coast's most coveted blocks couples the grandeur of its original design with the functionality of modern living, creating a timeless masterpiece to enjoy for years to come. Centered around a breathtaking architectural staircase naturally lit from above by a showstopping glass and onyx dome, the 7600-square foot freestanding home is filled with an abundance of original beautifully-preserved details and an exciting array of new millwork, stones, wood, and glass. A grand double foyer leads to a living room, formal dining room, commercial chef's kitchen, family room with built-ins, and a glorious one-of-a-kind solarium which opens to outdoor terraces. The primary suite comprises the entire second level, with a sunlit sitting room with windows on all sides; dual bathrooms featuring bookmatched marble slabs, heated floors, and the finest fixtures; a glamorous walk-in designer closet with center valet, custom cabinets, additional washer/dryer, refrigerator; and a fabulous library w/fireplace and additional full bath. The third floor has 2 additional bedrooms suites and a huge family/game room w/kitchenette+bathroom. Landscaped and irrigated roof terraces off the dome presents the most romantic vistas of the Gold Coast and Downtown. Ideal for live-in, in-law suite, or guest quarters w/its own commercial kitchen, bath, and bedroom, the lower level adds flexibility and dimension to this amazing package. Ideally situated next to Latin School and just steps to the park and lake, this residence has a two car garage, dog wash station, 3 laundry stations, snow melt system encompassing the entire front walkway, and Savant home automation system. A spectacular offering!

Listing Agents

  1. Brad Lippitz

    Brad Lippitz

    Listing Agent

    Compass

  2. Brittany Shapiro

    Brittany Shapiro

    Alternative Listing Agent

    Compass

Property Details for 1540 North Dearborn Parkway

Area
CHI - Near North Side

Location

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LISTING UPDATED: 04/16/2024 04:46 PM

Property Details for 1540 North Dearborn Parkway

StatusActive ( Private )
MLS #11976280
Days on Market-
Taxes$81,516 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single
Year Built1887
Lot Size0.09 AC / 3,750 SF
CountyCook County

Location

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Building Information for 1540 North Dearborn Parkway

Stories-Year Built1887Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$39,265 per month

30 year fixed, 7.25% Interest

Principal and Interest

$32,472

Property Taxes

$6,793

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1540 North Dearborn Parkway

Summary
Location and General Information
  • North Coordinate: 1540
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 30
  • Street Number Numeric: 1540
  • Directions: DEARBORN BETWEEN NORTH AND BURTON ON WEST SIDE OF THE STREET
  • State Or Province: IL
  • General Information: None
  • County Or Parish: Cook
  • Zip Code: 60610
  • Waterfront: No
  • Township: North Chicago
Taxes and HOA Information
  • Taxes: $81,516.00
  • Tax Year: 2021
  • Master Association Fee Frequency: Not Required
  • Parcel Number: 17042080360000
  • Tax Exemptions: None
School Information
  • Elementary School: Ogden International
  • Elementary School District: 299
  • Middle Or Junior School: Ogden International
  • Middle Or Junior School District: 299
  • High School: Lincoln Park High School
  • High School District: 299
Parking
  • Num Of Garage Spaces: 2.0
  • Garage On Site: Yes
  • Parking Type: Garage
  • Garage Type: Detached
  • Parking Included in Price: Yes
  • Parking Spaces Total: 2
Virtual Tour
  • Virtual Tour: None
  • Virtual Tour Date: 2024-02-07T20:26:29
Rental Information
Rent Information
  • Rehabilitated: Yes
Property
Lot Information
  • Type Detached: 4+ Stories
  • Lot Size Dimensions: 25X150
  • Additional Parcels: No
  • Living Area Source: Estimated
  • Aprox Total Finished Sq Ft: 0
  • Living Area: 7600
  • Lot Size: Oversized Chicago Lot
  • Rebuilt: No
  • Rehab Year: 2015
  • Special Service Area: N
  • Total Finished/Unfinshed Sq Ft: 0
  • Total Sq Ft: 0
Property and Assessments
  • Property Type: Detached Single
  • Assessment Includes: None
  • Assessment Association Dues Frequency: Not Applicable
  • Year Built: 1887
  • Age: 100+ Years
  • New Construction YN: No
  • Built Before 1978: Yes
  • Corporate Limits: Chicago
  • Special Assessments: N
  • Possession: Closing
  • Property Type: Residential
  • OpenHouse Count: 0
Utilities
  • Sewer: Public Sewer
  • Water: Lake Michigan
Interior and Exterior Features
Exterior Features
  • Exterior Building Type: Limestone
  • Architectural Style: Greystone
  • Disability Access and/or Equipped: No
Interior Features
  • Master Bedroom Bath: Full
  • Master Bedroom Level: Second
  • Num Full Baths: 6
  • Num Half Baths: 3
  • Num of Baths: 9
  • Air Conditioning: Central Air
  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, Stainless Steel Appliance(s), Gas Oven, Range Hood
  • Basement Description: Finished
  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Heated Floors, In-Law Arrangement, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Center Hall Plan, Historic/Period Mlwk, Special Millwork
  • Heat/Fuel: Natural Gas, Forced Air
  • Basement: Full
  • Bedrooms Possible: 5
  • Basement Bathrooms: Yes
  • Dining Room: Separate
  • Bedrooms (Below Grade): 1
  • Rooms Total: 13
  • Beds Total: 4
  • Laundry Features: In Unit, Multiple Locations
Multi Family
Income & Expenses
  • Holds Earnest Money: Yes

Property History for 1540 North Dearborn Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1540 North Dearborn Parkway

Taxable ValueLand$93,575Additions$311,795Total$405,370
Tax Record2022$83,377 ($6,948 / month)
Home Facts
Beds4Baths5Total Finished SqFt5,791 SqFtAbove Grade Finished SqFt5,791 SqFtStories2Lot Size3,743 SqFtStyleSingle Family ResidenceYear Built1885CountyCOOKAPN17-04-208-036Fireplace TypeHas Fireplace

Schools near 1540 North Dearborn Parkway

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Franklin Elementary Fine Arts Center
PublicK to 8

Lasalle Elementary Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.