$2,000,000
1239 N Dearborn Street
Chicago, IL, 60610
Attention Developers & Rehabbers! First time on the market in 55 years!! The subject property is located in a prestigious area known for historic landmark mansions and luxurious homes. This property was built as a SFH, but has been operating as a MF rental for the past 30 years or more. Once home to Ernest Hemingway, there is only one tenant currently occupying the main residence. The remainder of the property is vacant 2 studios & a Coach House). There is also a freestanding Coach House at the rear of the property containg a three bedroom, one bathroom apartment with a two car garage beneath the apartment. Renovate back to a SFH with all its grandeur or upgrade and operate as a MF invest; the choice is yours!
Property Details
Price:
$2,000,000
MLS #:
MRD11950500
Status:
Active
Beds:
8
Baths:
6
Address:
1239 N Dearborn Street
Type:
Multi Family
City:
Chicago
Listed Date:
Dec 21, 2023
State:
IL
ZIP:
60610
Year Built:
1895
Schools
School District:
299
Interior
Heating
Natural Gas, Electric
Exterior
Parking Spots
2
Financial
Buyer Agent Compensation
2.5% MINUS $500% of Gross Sale Price
Tax Year
2021
Taxes
$39,459
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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