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

    brad.lippitz@compass.com

    P: (773)-230-5100

  2. Brittany Shapiro

    Brittany Shapiro

    Alternative Listing Agent

    Compass

Property Details for 1540 North Dearborn Parkway

Area
CHI - Near North Side
Township
North Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Greystone
LISTING UPDATED: 08/17/2024 03:45 AM

Property Details for 1540 North Dearborn Parkway

StatusActive
MLS #11976280
Days on Market233
Taxes$83,377 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 4+ Stories
Year Built1887
Lot Size0.09 AC / 3,750 SF
CountyCook County
Buyer's Agent Compensation2.5%
Compensation Remarks2.5% - $495 (% of Net Sale Price)

Building Information for 1540 North Dearborn Parkway

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

Property Information for 1540 North Dearborn Parkway

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Ogden International
  • Jr High Middle School: Ogden International
  • High School District: 299
  • High School: Lincoln Park High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Additional Parcels: No
Property Information
Interior Features
  • 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
  • Num Of Rooms: 13
  • Bedrooms (Below Grade): 1
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Air Conditioning: Central Air
  • Basement Description: Finished
  • Dining Room: Separate
  • Basement Bathrooms: Yes
  • Room Type: Sun Room, Deck, Terrace, Bedroom 5, Foyer, Sitting Room, Great Room, Library, Recreation Room, Walk In Closet
  • Num of Baths: 6.3
Exterior Features
  • Type: 4+ Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Oven-Double, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, All Stainless Steel Kitchen Appliances, Gas Oven, Range Hood
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2015
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 4+ Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 25X150
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Limestone
  • General Information: None
  • North Coordinate: 1540
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 30
  • Living Area Source: Estimated
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 47
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 07-03-2024
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 15X12
Bedroom #2 Information
  • 2nd Bedroom Level: Third
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 10X18
Bedroom #3 Information
  • 3rd Bedroom Level: Third
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 10X13
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 7X15
Bedroom #5 Information
  • 5th Bedroom Level: Basement
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 10X2
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 15X15
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 18X12
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 15X17
Laundry Information
  • Laundry Level: Second
  • Room Type: Laundry
  • Laundry Dimensions: 12X17
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 13X22
Terrace Information
  • Room Level: Main
  • Room Type: Terrace
  • Terrace Dimensions: 9X19
Deck Information
  • Room Level: Second
  • Room Type: Deck
  • Deck Dimensions: 22X14
Walk In Closet 1 Information
  • Room Level: Second
  • Room Type: Walk In Closet
  • Deck Dimensions: 12X17
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 19X18
Recreation Room Information
  • Room Level: Basement
  • Room Type: Recreation Room
  • Deck Dimensions: 22X40
Great Room Information
  • Room Level: Third
  • Room Type: Great Room
  • Deck Dimensions: 23X22
Sitting Room Information
  • Room Level: Second
  • Room Type: Sitting Room
  • Deck Dimensions: 13X11
Sun Room Information
  • Room Level: Main
  • Room Type: Sun Room
  • Deck Dimensions: 12X19
Library Room Information
  • Room Level: Second
  • Room Type: Library
  • Deck Dimensions: 15X21

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 Chicago Public Schools.
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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1540 North Dearborn Parkway is a single family home for sale in Chicago, IL 60610. This property was listed for sale on June 24, 2024 by Compass, it's currently listed at $5,950,000. This listing's school district is Chicago Public Schools. Nearby schools include Ogden Elementary School, Lincoln Park High School and Franklin Elementary Fine Arts Center. 1540 North Dearborn Parkway is a 5-bed, 7.5-bath, 7,600 sqft single family home built in 1887.

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. Offers of compensation are subject to change at the discretion of the seller. 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. Based on information submitted to the MLS GRID as of 08/17/2024 03:45 AM. 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.