1239 North Dearborn Street, Chicago, IL

$2,000,000

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8

Beds

6

Baths

About 1239 North Dearborn Street

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!

Features of 1239 North Dearborn Street

MLS® # 11950500
Price $2,000,000
Bedrooms 8
Bathrooms 6.00
Acres 0.00
Year Built 1895
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1239 North Dearborn Street
Area CHI - Near North Side
City Chicago
County Cook
State IL
Zip Code 60610

Amenities

Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Electric
Fireplace No
Has Basement Yes
Basement Partial

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 133
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap Chicago Apartment Brokers

Listing Map