46 East Cedar Street

Chicago, IL 60611

$2,520,000
Last Sold Price
6
Beds
6
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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!
  1. Listed by Carrie McCormick • @properties Christie's International Real Estate

Sold By Quest Realty Group LLC

Property Details for 46 East Cedar Street

Area
CHI - Near North Side
Township
North Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
No
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Greystone

Location

Add your commute
LISTING UPDATED: 08/04/2023 09:18 AM

Property Details for 46 East Cedar Street

StatusClosed
MLS #11760073
Days on Market103
Taxes$40,219 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1895
Lot Size0.05 AC / 2,178 SF
CountyCook County

Location

Add your commute

Building Information for 46 East Cedar Street

Stories-Residences3Year Built1895Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$17,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,753

Property Taxes

$3,352

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 46 East Cedar Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Ogden Elementary
  • Jr High Middle School: Ogden Elementary
  • High School District: 299
  • High School: Lincoln Park High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: false
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 22
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Walkout
  • Bedrooms Possible: 6
  • Basement Description: Partially Finished, Exterior Access
  • # Full Baths in Building: 6
  • # Half Baths in Building: 1
  • Room Type: Utility Room-Lower Level
  • Num of Baths: 6.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: Sump Pump, Multiple Water Heaters
Property/Lot Information
  • Exterior Property Features: Balcony, Deck, Patio, Roof Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 20X125
  • Total # Units in Building: 3.0
  • Other Structures: Storage
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • General Information: Commuter Bus,Historical District
  • North Coordinate: 1138
  • South Coordinate: 0
  • East Coordinate: 46
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 56
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $3,350.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: VCNT
Unit 3
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM

Property History for 46 East Cedar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 46 East Cedar Street

Taxable ValueLand$64,125Additions$141,875Total$206,000
Tax Record2022$42,371 ($3,531 / month)
Home Facts
Beds4Baths4Total Finished SqFt2,991 SqFtAbove Grade Finished SqFt2,991 SqFtStories3Lot Size2,565 SqFtStyleCondominiumYear Built1893CountyCOOKAPN17-03-201-045

Schools near 46 East Cedar Street

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

Lincoln Park High School
Public9 to 12

Salazar Elementary Bilingual Center
PublicPK to 8

Payton College Preparatory High School
Public9 to 12

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.

Similar Homes

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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.

Listing Courtesy of @properties Christie's International Real Estate

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.