1239 North Dearborn Street Chicago, IL 60610

$2,000,000
8
Beds
$2,000,000
8
Beds
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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!

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!

Listed by:
Marcus & Millichap Chicago Apartment Brokers

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Marcus & Millichap Chicago Apartment Brokers.
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Property details

Community Features

  • No HOA

Exterior features

  • Has garage
  • Garage Attached
  • No Pool
  • Basement

Interior Features

  • Heat Electric
  • Heat Gas
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