46 E Cedar Street
Chicago, IL, 60611
$2,750,000
6 Beds
7 Baths
SqFt
0.05 Acres
Add
Add
$2,750,000
46 E Cedar Street
Chicago, IL, 60611
 img 0 img 1 img 2 img 3 img 4
Experience classic Chicago living at its finest in this Gold Coast Greystone home with a rich history. Originally built by Potter Palmer, the visionary behind the Palmer House, this stunning property offers a rare opportunity to own a piece of Chicago’s past. Zoned DR-3, this property offers various possibilities for use, making it ideal for those seeking an investment opportunity or a spacious home for multi-generational living. The property features a sun-filled owner’s duplex-up unit that spans two full floors and a partial third floor with a rooftop deck, providing breathtaking views of the city skyline and Lake Michigan. The main floor features a spacious open floor plan that is perfect for entertaining. Large, south-facing bay windows flood the room with natural light, highlighting the impressive 10′ ceilings, built-in bookcases, hardwood flooring, moldings, and charming arched doorways. An 1880 Art Nouveau French Pewter Mantle Fireplace adds warmth and elegance to the formal living room. Pass through the gracious arches to the large formal dining room onto the large kitchen with a family room centered by a fireplace. The backstairs lead to the paved back patio perfect for grilling and entertaining. The second floor boasts three full bedrooms, three full bathrooms, skylights, an office/library, and a balcony spanning the width of the building. The primary bedroom features a third fireplace, three closets, and a bathroom with separate shower, double sink vanity, Jacuzzi tub, and sauna. An enclosed kitchenette on the partial third floor leads to a private rooftop deck, perfect for gardening and hosting while enjoying stunning city views. The property also includes a first-floor unit with two bedrooms, two bathrooms, a full kitchen, and a balcony, as well as a garden unit with one bedroom, one bathroom, and a kitchen, each with their own egresses. All units feature quality finishes, separate in-unit laundry, central furnaces, A/Cs, and water heaters. This magnificent home is nestled on a tree-lined Cedar Street, among historical mansions, in a walker’s paradise location. One block to Lake Michigan and one block to the Triangle at Mariano Park, this property is steps away from high-end shopping and dining. Two valet garage spaces located across the street at 33 Cedar available for purchase. Don’t miss your chance to own this elegant and historic Gold Coast Greystone, the perfect place to call home!

Property Details

Price:
$2,750,000 / $2,520,000
MLS #:
MRD11760073
Status:
Closed ((Aug 1, 2023))
Beds:
6
Baths:
7
Address:
46 E Cedar Street
Type:
Multi Family
City:
Chicago
Listed Date:
Apr 20, 2023
State:
IL
ZIP:
60611
Year Built:
1895

Schools

School District:
299
Elementary School:
Ogden Elementary
Middle School:
Ogden Elementary
High School:
Lincoln Park High School

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Greystone
Community Features
Sidewalks, Street Lights, Street Paved
Exterior Features
Balcony, Deck, Patio, Roof Deck
Other Structures
Storage

Financial

Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Tax Year
2021
Taxes
$40,219
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

46 E Cedar Street
Chicago, IL