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$400,000

Beds
4
Baths
3.0
sq ft
3,200

1227 E Madison Park Unit 2, Chicago, IL 60615

1227 E Madison Park Unit 2

Chicago, IL 60615

  • 17 days on market
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.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$125

Year built

1914

Annual property taxes

$8,893.08

Monthly HOA fee

$1,000

Price History

07/10/2024
MRED

MRED #12106467

Listed
$400,000

Schools & Community

Neighborhood: 

Kenwood

Elementary school: 

Murray Elementary School Languag

Middle school: 

Ray Elementary School

High school: 

Kenwood Academy High School

School district: 

Kenwood Academy High School

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Status: Active

Tomo last checked: 07/27/2024 at 5:45 AM

Listing updated: 07/16/2024 at 12:09 AM

Listed by: Sharial Howard, @properties Christie's International Real Estate Phone #: (312) 254-0200

MLS: MRED #12106467

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