Veterans United Realty
14 Photos

1227 E Madison Park 2, Chicago, IL 60615

$400,000 Asking Price

4 beds
3 baths
3,200  sqft
Built in 1914

Welcome to a once-in-a-lifetime opportunity to renovate a piece of Chicago history into your dream home. Superbly situated in a boutique, elevator building off of historic Madison Park, a serene oasis located in highly desirable Kenwood, your spacious 4 bedroom, 3 bathroom mansion condo offers unparalleled potential. Sprawling across approximately 3,200 square feet on one level, the condo boasts a very functional layout with ample room for creative redesign and expansion. Upon entering, you will be warmly greeted by your grand entry foyer that overlooks your massive living room. Your living room flows seamlessly into your separate, huge dining room that can easily accommodate a dining table for 8 or more. Your condo is saturated with natural sunlight and features a sun room with dual entry off of the living and dining rooms. The kitchen features a sizable pantry and is a canvas for culinary creativity awaiting your vision to transform it into a chef's paradise. Your condo truly lives like a single family home and makes it easy for you to maintain your privacy while also enjoying all of the pleasures of city living! This blend of suburban tranquility and urban convenience is a rare find. Welcome to "Suburban Living in the City." Conveniently located close to multiple parks, Trader Joe's, Starbucks, Whole Foods, Marshall's, Michael's, public transportation, the lake, Lake Shore Dr., downtown Hyde Park, countless restaurants, shopping and a 10-15 minute drive downtown. Embrace the opportunity to preserve and restore a piece of Madison Park's history. Storage space included. Solid association. No upcoming special assessments. Pet-friendly building. Permit for the first exterior parking space on Madison Park is $400 annually and the permit for an additional exterior parking space is $600 annually. This condo requires a complete renovation, allowing you to customize every detail to your taste and specifications. In recent years, renovated condos with similar size and location have sold in the range of $645,000-$730,000, indicating significant potential for appreciation. Please don't miss this opportunity. Schedule your showing today.


Listing Status:
Active
Date Added:
August 16, 2024 — 43 days ago
Listing Office:
@properties Christie's International Real Estate, Sharial Howard (217-722-0135)
Office Phone:
217-722-0135
MLS ID:
12140767

Features & Amenities

Interior

General:
Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan, Special Millwork, Separate Dining Room
Rooms:
Foyer, Sun Room
Dining:
Separate
Laundry:
In Unit
Basement:
Walkout
A/C:
None
Heating:
Natural Gas, Forced Air, Radiator(s)
Disability Feature:
None

Exterior

General:
Brick, Balcony
Parking:
Unassigned, Parking spaces: 1

Construction

Roofing:
Rubber

Location

HOA Amenities:
Bike Room/Bike Trails, Elevator(s), Storage, Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, 1000.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20112121201005

Utilities

Water:
Lake Michigan,Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
@properties Christie's International Real Estate, Sharial Howard

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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