Chicago, IL 60615

 Chicago, IL - Image 1 Chicago, IL - Image 2 Chicago, IL - Image 3
11 more
 Chicago, IL - Image 4 Chicago, IL - Image 5 Chicago, IL - Image 6 Chicago, IL - Image 7 Chicago, IL - Image 8 Chicago, IL - Image 9 Chicago, IL - Image 10 Chicago, IL - Image 11 Chicago, IL - Image 12 Chicago, IL - Image 13 Chicago, IL - Image 14 Chicago, IL - Image 15
Presented By: Coldwell Banker Realty
  • MLS# 12020593
  • 04/03/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 7
  • Full/Half Baths • 5 / 1
  • SQFT • 5,500
  • Garage • 4

Home Details

**Captivating Investment Opportunity: 1880's Victorian & Brick Coach House** Welcome to a rare gem in the Kenwood/Hyde Park Community. Nestled on a sprawling 19,000+ square feet lot, this property presents an exceptional investment opportunity for savvy investors seeking prime real estate for development. **Property Highlights:** - **Historic Charm:** Built in the 1880s, the Victorian residence exudes timeless elegance, while the brick Coach House adds character and versatility to the property. - **Expansive Lot:** Spanning over 19,000 square feet, this sizable lot boasts a length of 284 feet, offering ample space for various development possibilities. - **Premier Location:** Situated in a coveted location, the property enjoys easy access to major amenities, renowned schools, and vibrant entertainment hubs, making it an ideal choice for prospective buyers. - **Alley Access:** With alley access on the entire east side and north end of the lot, developers have the convenience of easy ingress and egress for construction purposes, enhancing the appeal for potential projects. **Development Potential:** The generous lot size and strategic location make this property an excellent canvas for development projects such as: - **Row-Homes:** With the lot's dimensions, there's potential for the creation of row-homes, catering to the demand for upscale urban living. - **Condo Building:** Explore the possibility of constructing a modern condo building, offering luxury residences that capitalize on the area's desirability. - **Multi-Unit Development:** Utilize the vast space to develop a multi-unit residential complex, accommodating the growing demand for rental properties in the area. **Property Details:** - **Victorian Residence:** Offering approximately 5500 square feet of living space, the Victorian residence awaits restoration, presenting an opportunity to breathe new life into its historic charm. - **Brick Coach House:** Comprising approximately 3000 square feet, the Coach House provides additional space and potential for renovation or repurposing to suit your vision. **Renovation Opportunity:** While the Victorian and Coach House are in need of renovation, this presents a blank canvas for investors to reimagine and revitalize these structures, adding significant value to the property. **Don't Miss Out:** Rarely does an opportunity of this caliber present itself. Whether you're an experienced developer or an investor seeking to diversify your portfolio, this property offers endless potential and promises substantial returns on investment. Contact us today to schedule a viewing and unlock the possibilities that await with this remarkable real estate opportunity.
Presented By: Coldwell Banker Realty

Interior Features for

Bedrooms

Bedrooms Possible7
Total Bedrooms7

Bathrooms

Half Baths1
Total Baths6

Other Interior Features

LivingAreaSourceEstimated
BasementFull, English
BasementUnfinished
Fireplace FeaturesWood Burning, Decorative, More than one
Total Fireplaces2

Other Rooms

Room TypeKitchen, Recreation Room, Bedroom 5, Bedroom 6, Bedroom 7

General for

Architectural StyleVictorian
Assoc Fee Paid PerNot Applicable
Association Fee IncludesNone
CityChicago
Community FeaturesPark, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved, Other
CoolingNone
CountyCook
DirectionsLake Shore Drive to 51st street (Hyde Park Blvd) exit. West to Woodlawn Ave. South to 50th. West to address.
ElectricCircuit Breakers
Elementary School District299
Full Baths5
Garage Spaces4
HeatingNatural Gas
High School District299
Interior FeaturesHardwood Floors, First Floor Laundry, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot, Historic/Period Mlwk, Special Millwork, Separate Dining Room, Pantry, Plaster
MLS AreaCHI - Kenwood
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential
Property TypeDetached Single
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount23393.33
Tax Year2022
Total Rooms13
TownshipHyde Park
Waterfront Y/NNo
Year Built1880

Exterior for

ExteriorBrick, Frame, Concrete
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions285 X 69
Lot Size Acres0.44
Parking FeaturesOff Alley, Off Street, Driveway, Alley Access, Carriage House, Expandable, Storage
Total Parking12
Water SourceLake Michigan, Public

Additional Details

Price History

Worth Clark

Price $455,000
MLS#12020593
List Date 04/03/2024
Property Type Single Family
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to