Check Availability
$6,500,000
↓ $450K (6.5%)
House - For Sale

1407 N Hoyne Avenue

Chicago, IL 60622
bedrooms
5 Beds
bathrooms
7 Baths
square feet
10250 Sqft
$37,059
Estimated Monthly
$0
HOA / Fees
-0.23%
Cap Rate

About This Property

A sophisticated presence, landmark status, architectural integrity, and an unprecedented outdoor footprint for Wicker Park, 1407 N. Hoyne Ave. is a one-of-a-kind opportunity for the homeowner who wants an expansive city estate with pedigree and a modern program. Originally built for beer baron John H. Rapp in 1886, this 8250 SqFt-square-foot, 5+ bed/5.5 bath single-family home underwent a 2-plus-year renovation and restoration by Rugo Raff Architects. The current owner acquired and reunited the original 2000 square foot coach house with this lovingly restored home which is now included in this offering. Preserving elements of its Victorian charm while optimizing sightlines and integrating first-class finishes was paramount. This special home's unheard of 98' x 150' lot - a combined oversized 4-5 city lots! - affords multiple green spaces, including a deep front yard with mature landscaping, a side yard with raised garden beds and a European-style pergola, and a meticulously manicured backyard. Inside, an elegant entry plus an oval-shaped entry hall link to a lovely living room with an abundance of natural light, a traditional turret, and a wood-burning fireplace, and a formal dining room just beyond with hand-scraped walnut floors. The custom chef's kitchen stuns with O'Brien Harris cabinetry, white quartzite countertops, professional-grade Wolf/Sub-Zero appliances, an herb garden, a full butler's pantry, a breakfast dining space with banquette seating, and a built-in desk. The main level also features an intimate family room with built-in walnut cabinetry and a chic beverage center, and two beautiful limestone terraces accessed via French doors: a 12' x 23' west terrace for open-air entertaining and a 12' x 17' side terrace that's perfectly appointed for large-scale alfresco dining with an outdoor kitchen and a built-in grill.    A striking example of this home's flawless interior architecture is the centrally located, curving suspended staircase. The second level is devoted to two secondary bedrooms (one with custom bunk beds), the first of two laundry rooms, and an impressively spacious primary suite with a sitting area, a custom dressing room, a walk-in closet, and a marble-clad ensuite bath with two vanities, a soaking tub, and a deluxe shower. The third floor presents two designer offices--a handsome den with knotty alder wood floors and a gas fireplace, a cozy den with a wet bar, an exercise room, and yet another polished guest bedroom. But there's more... This truly magnificent home also comes complete with a fully finished garden level with a massive playroom that opens onto a basement terrace, a wine room, a kitchenette, another large guest bedroom with den perfect for related living, a second laundry room, a walk-in storage room, and a custom mudroom that connects to a two-car garage. Plus, the property features a standalone coach house - a wonderful blank slate that can be transformed into a guest cottage, a recreation or art space, offices, or added parking if needed. Additional callout details and amenities include restored original doors and hardware, custom woodwork and trim throughout, designer lighting and wallcoverings throughout, four total fireplaces, 97 Marvin windows, geothermal heating and cooling plus radiant heat in the lower level playroom, a Lutron lighting system, self-irrigating planters on both terraces, and an excess of custom interior storage. Walking distance to Wicker Park proper and the world-class shopping and dining that extends from the neighborhood's famed Six Corners, 1407 N. Hoyne Ave. is a one-of-a-kind home with uncompromising design and comforts.

The manager has listed the unit size as 10250 square feet.
Unit Size
10,250Ft²
Days on Market
288 days
Land Size
0.25 acres
Price per sqft
$634
Property Type
House
Property Taxes
$5,142
HOA Dues
-
Year Built
1890
Listed By
Timothy Salm
Timothy Salm
Jameson Sotheby's Intl Realty
Last updated: 5 months ago (MREDIL #11830316)

Price History

Date / Event Date Event Price
Nov 9, 2023 Price Decreased $6,500,000
↓ $450K (6.5%)
Price Decreased
Jul 14, 2023 Listed by Jameson Real Estate LLC $6,950,000
Listed by Jameson Real Estate LLC

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 28
  • Bedroom Count: 12
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,780
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 980
  • Total Building Area: 5,079
  • Gross Building Area: 5,079
  • Building Area: 5,079
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,079
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEES ADD TO CHICAGO
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: D S (LEES) ADD TO (CHICAGO) A SUB OF LTS6,7&15 IN ASS ESSORS DIV OF UNSUBDIVIDED LAND IN NE & EH NW SEC 06-39-14

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner 2: TRUST NUMBER 8002385814
  • Previous Owner : SHEEHAN TIMOTHY D
  • Previous Owner 2: SHEEHAN ROBIN L
  • Owner Before Previous Owner: CONOVER MICHAEL B
  • Owner Before Previous Owner 2: WINTERGREEN DONNA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241400

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-06-113-034-0000
  • Block: 8
  • Lot: 6,7,1
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9074
  • Longitude: -87.6795

    Address

  • Full Address: 1407 N Hoyne Ave
  • Address - House Number: 1407
  • Street Direction: N
  • Address - Street Name: Hoyne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1802
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,605
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,302,071
  • High Value: 1,634,775
  • Low Value: 969,366

    Market Valuation

  • Market Total Value: $2,120,000
  • Market Land Value: $862,400
  • Market Improvement Value: $1,257,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,000
  • Assessed Land Value: $86,240
  • Assessed Improvements Value: $125,760

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11846346160
  • Current Sale Price: $4,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2121740003
  • Previous Sale Recording Date: Sep 26, 2007
  • Previous Sale Contract Date: Sep 17, 2007
  • Previous Sale Amount: $2,466,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST CO
  • Previous Mortgage Transaction Date: Sep 26, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Side


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Frequently Asked Questions

When was property at 1407 North Hoyne Avenue built and last sold?
The property at 1407 North Hoyne Avenue was built in 1890 and last sold on Apr 30, 2021 for $4,800,000.
How much is this home worth?
The estimated value of the home located at 1407 North Hoyne Avenue is $6,565,000.
What are some comparable homes to 1407 North Hoyne Avenue?
There are currently no comparable homes to 1407 North Hoyne Avenue.

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