See Home Value
Chicago 60614 Lincoln Park
1870 North ORCHARD Street
$6,330,504*
House - Off Market

1870 North ORCHARD Street

Chicago, IL 60614
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
7319 Sqft
$4,950,000 - $6,050,000
Reference Base Price*
15.10%
Since Nov 1, 2021
IL-Chicago
Primary Model
Sold Jul 27, 2021
$4,800,000
$2,950,000 by Fifth Third Bank Na
Mortgage Due Oct 01, 2051
Sold Oct 06, 2015
$5,500,000

About This Property

Located among Lincoln Park's most expensive homes.  The understated elegance of the limestone facade is the theme throughout the 7,319 square-foot home, comprised of five floors accessible via a passenger elevator. There are five bedrooms, six bathrooms, a powder room, six fireplaces, four outdoor spaces, a great room, a media room, a recreation room, and an attached two-car garage. The massive open kitchen and great room with a fireplace, reaching over 42-feet in length, are contiguous to a large terrace for seamless indoor and outdoor entertaining. The beautiful custom-kitchen with blond cabinetry and white marble is refined and sophisticated, but will satisfy the most discerning chef with its functional layout and the best professional appliances. There is a butler's pantry, wine refrigerator, a built-in espresso station, and generous storage.       Benefiting from a wide and deep lot, each floor was designed with an abundance of flexible living and entertaining space, incorporating the finest materials and state-of-the-art luxuries. The volume of the high ceilings, the height of the tall windows and French doors, and the exceptional natural light, enhance the home's exquisite craftsmanship, offering the perfect setting for traditional or more modern decor.  Two en-suite bedrooms are on the second level including the 22-foot long master suite with a 17-foot wall of windows and French doors overlooking the rear landscaping, a fireplace, two luxurious spa-bathrooms and dual walk-in closets. There is also a laundry room on the second level. The third level features two more large en-suite bedrooms, and a media room adjacent to a roof deck with a wood burning fireplace. For summer enjoyment, the penthouse roof deck offers stunning views and a fire pit. The lower level features a wet bar and built-ins, an additional bedroom, office or exercise room, a full bathroom, a second laundry room and a recreation room with direct access to the private backyard landscaped with pet turf.

The manager has listed the unit size as 7319 square feet.
Unit Size
7,319Ft²
Days on Market
-
Land Size
-
Price per sqft
$751
Property Type
House
Property Taxes
$84,396
HOA Dues
-
Year Built
2013

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 27, 2021 In contract -
In contract
Apr 15, 2021 Relisted $5,500,000
Relisted
Apr 11, 2021 No longer available -
No longer available
Jan 14, 2021 Listed $5,500,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,665
  • Total Building Area: 5,467
  • Gross Building Area: 5,467
  • Building Area: 5,467
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,467
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHEFFIELDS ADD
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LORENZONI GUIDO
  • Current Owner 2: GUERRIERI VERONICA
  • Previous Owner : CERRONE STEPHEN J
  • Previous Owner 2: CORDERO MARY CERRONE
  • Owner Before Previous Owner: MUMFORD PHILLIP D
  • Owner Before Previous Owner 2: MUMFORD RENEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071800

Zoning

  • Zoning: RM-4.5

Geography

  • District: 74
  • Parcel: 14-33-301-118-0000
  • Block: 2
  • Lot: 22
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9159
  • Longitude: -87.6464

    Address

  • Full Address: 1870 N Orchard St
  • Address - House Number: 1870
  • Street Direction: N
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 5106
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,288
  • Tax Rate Code Area: 74026

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 2,226,245
  • High Value: 2,795,093
  • Low Value: 1,657,396

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,650,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Lender: UNIVERSITY OF CHICAGO
  • Second Open Lien Mortgage Recording Date: Sep 06, 2022
  • Second Open Lien Mortgage Loan Amount: $700,000
  • Second Open Lien Mortgage Term: 117
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 29, 2032

    Market Valuation

  • Market Total Value: $4,000,760
  • Market Land Value: $458,130
  • Market Improvement Value: $3,542,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,076
  • Assessed Land Value: $45,813
  • Assessed Improvements Value: $354,263

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845279174
  • Current Sale Price: $4,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120829051
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Contract Date: Sep 16, 2015
  • Previous Sale Amount: $5,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NA
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $2,950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

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

About North Side


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Frequently Asked Questions

When was property at 1870 North Orchard Street built and last sold?
The property at 1870 North Orchard Street was built in 2013 and last sold on May 24, 2021 for $4,800,000.
How much is this home worth?
The estimated value of the home located at 1870 North Orchard Street is $5,555,000.
What are some comparable homes to 1870 North Orchard Street?
There are currently no comparable homes to 1870 North Orchard Street.

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