Check Availability
$7,500,000
House - For Sale

1515 N STATE Parkway

Chicago, IL 60610
bedrooms
6 Beds
bathrooms
7 Baths
square feet
9680 Sqft
$45,225
Estimated Monthly
$0
HOA / Fees
-0.58%
Cap Rate

About This Property

Absolutely magical, truly custom residence in the heart of the Gold Coast. Located on an oversized parcel just steps from the park and lakefront, the owners spared absolutely no expense during a multi-year renovation of this one-of-a-kind property. Grand foyer with original coffered ceiling and fireplace opens to untold historic sophistication throughout which perfectly melds with every modern day convenience for today's lifestyle. Dream kitchen with island crafted from wormy chestnut, La Cornue range, impossibly rare 400+ year old reclaimed stone flooring, and woodburning fireplace from Provence. Family room with antique French mantel and original curved windows. Separate billiard room with paneling salvaged from a Swiss hunting lodge. Truly stunning living room with adjacent custom office; dining room with original paneling and butler's pantry which features full kitchen with Wolf range. Gorgeous master suite with antique fireplace, bath with silver plated antique chandelier and sconces. Beautiful craft room with fireplace and custom built-ins. All door, window and cabinet hardware is either gold or sterling plated from Bronze de France, Paris. Rare antique or custom made lighting throughout. Abundant outdoor space including beautiful courtyard with fountain, large stone terrace off second floor, and private balcony area off of craft room. State of the art mechanicals, elevator, and attached garage. Truly a remarkable offering.

The manager has listed the unit size as 9680 square feet.
Unit Size
9,680Ft²
Days on Market
186 days
Land Size
-
Price per sqft
$775
Property Type
House
Property Taxes
$8,399
HOA Dues
-
Year Built
1905
Listed By
Timothy Salm
Timothy Salm
Jameson Sotheby's Intl Realty
Last updated: 4 months ago (MREDIL #11909719)

Price History

Date / Event Date Event Price
Oct 17, 2023 Listed by Jameson Real Estate LLC $7,500,000
Listed by Jameson Real Estate LLC
Jul 23, 2022 No longer available -
No longer available
Nov 10, 2020 Listed by Jameson Sotheby's Intl Realty $9,350,000
Listed by Jameson Sotheby's Intl Realty
Absolutely magical, truly custom residence in the heart of the Gold Coast. Located on an oversized parcel just steps from the park and lakefront, the owners spared absolutely no expense during a multi-year renovation of this one-of-a-kind property. Grand foyer with original coffered ceiling and fireplace opens to untold historic sophistication throughout which perfectly melds with every modern day convenience for today's lifestyle. Dream kitchen with island crafted from wormy chestnut, La…

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Stone

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,900
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 300
  • Total Building Area: 7,711
  • Gross Building Area: 7,711
  • Building Area: 7,711
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 6
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 7,711
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CATHOLIC BISHOP OF CHICAGOS LAKE
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CATHOLIC) (BISHOP) OF (CHICAGOS) (LAKE) SHORE DRIVE ADD SUB OF N18.83 CHNS OF FRACL SEC 03-39-14

Ownership

  • Current Owner : DAWN SOLOMON REVOCABLE TRUST
  • Previous Owner : NORTH COMMUNITY BANK
  • Owner Before Previous Owner: LACAILLADE LAURENCE
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-34-01
  • District: 74
  • Parcel: 17-03-100-005-0000
  • Block: 2,2
  • Lot: 29,28
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.91
  • Longitude: -87.6285

    Address

  • Full Address: 1515 N State Pkwy
  • Address - House Number: 1515
  • Street Direction: N
  • Address - Street Name: State
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C084
  • 4-Digit Zip Code: 1613
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $100,782
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 3,824,493
  • High Value: 4,401,744
  • Low Value: 3,247,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,132,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 08, 2013
  • First Open Lien Mortgage Loan Amount: $3,132,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2028

    Market Valuation

  • Market Total Value: $4,899,900
  • Market Land Value: $975,000
  • Market Improvement Value: $3,924,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $489,990
  • Assessed Land Value: $97,500
  • Assessed Improvements Value: $392,490

    Sales

  • Current Sale Contract Date: Sep 29, 2008
  • Current Sale Recording Date: Sep 30, 2008
  • Current Sale Transaction ID: 1133070011
  • Current Sale Price: $3,800,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 0827410098
  • Previous Sale Recording Date: Sep 03, 2008
  • Previous Sale Contract Date: Aug 13, 2008
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY NEW ASIA CMNTY DEVELOPM
  • First Mortgage Transaction Date: Sep 30, 2008
  • First Mortgage Loan Amount: $1,680,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Oct 01, 2010

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
6.5 Baths
8,000 ft²
$1,063/ft²
$8,500,000 Jan 25, 2023
-
$17,309/mo

About Central Chicago


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Frequently Asked Questions

When was property at 1515 North State Parkway built and last sold?
The property at 1515 North State Parkway was built in 1905 and last sold on Sep 29, 2008 for $3,800,000.
How much is this home worth?
The estimated value of the home located at 1515 North State Parkway is $7,575,000.
What are some comparable homes to 1515 North State Parkway?
Homes that are comparable to 1515 North State Parkway include a house property at 1500 North Lake Shore Drive, located in Chicago, IL.

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