For Sale: 1721 N FERN, Chicago, IL 60614. 3-bedroom 2.2-bath, 1903 Lincoln Park $3,750,000 begin new search
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Overview

OLD TOWN TRIANGLE - VERY RARE OFFERING! 3 HOMES & 3 GARAGE PARKING SPOTS ON 2 SEPARATE BUT PARALLEL LOTS IN THE HEART OF OLD TOWN! 1721 N. FERN & 1718 N. SEDGWICK ARE BEING SOLD TOGETHER BUT THEY CAN BE DIVIDED (2 PIN #'S). THE MAIN RESIDENCE ON FERN CT. IS A ONE-OF-A-KIND HOME THAT WAS CONVERTED FROM A HORSE STABLE DATING BACK TO 1903 AND THE 2 OTHER HOMES CAN BE USED IN MANY WAYS: KEEP AS YEARLY RENTALS / IN-LAW / NANNY / AIRB&B / OFFICE / ART STUDIO. BOTH HOMES CURRENTLY RENTED WITH GROSS REVENUE OF $73K / YEAR. RENTS ARE LOW FOR AREA AND MARKET/PROJECTED GROSS IS CLOSER TO $90K+/YEAR. THE MAIN RESIDENCE OFFERS APPROX 3100 SQ FT ON 2 LEVELS WITH 3 BEDROOMS, 2 FULL BATHS & 2 1/2 BATHS. THIS GORGEOUS SUN-FILLED HOME IS RIGHT OUT OF ARCHITECTURAL DIGEST WITH IT'S STUNNING DE GIULIO KITCHEN, BUILT-IN BANQUETTE SEATING, 17 FT. VAULTED & WOOD BEAMED CEILINGS, SKYLIGHTS, EXPOSED BRICK WALLS, AND AN AMAZING YARD BY LANDSCAPE ARCHITECT HOERR SCHAUDT WITH BUILT-IN GRILL, WOODBURNING FIREPIT W/GAS START, CUSTOM LIGHTING & IRRIGATION SYSTEM. THE YARD HAS BEEN PHOTOGRAPHED AND PUBLISHED IN BETTER HOMES AND GARDENS. THE TWO ADDITIONAL HOMES THAT COMPLETE THIS RARE OFFERING ARE LOCATED ON AN OVERSIZED 25X144 LOT AT 1718 N. SEDGWICK. ONE HOME/BUILDING IS A 3 LEVEL VICTORIAN HOME WITH 3 BEDS 2 1/2 BATHS (RENT = $4175/MONTH) AND THE 2ND HOME/BUILDING IS A BRICK BUILDING WITH 1 BED & 1 BATH (RENT = $1925/MO). THESE TWO HOMES ARE CURRENTLY RENTED UNTIL AUG 2023 AND RENTS ARE LOW FOR AREA. TENANTS PAY THEIR OWN UTILITIES. SELLER HAS EXCLUSIVE USE OF YARD AND 3 GARAGE SPOTS. SELLER PREFERS TO SELL ALL 3 HOMES / 2 LOTS TOGETHER. AMAZING OPPORTUNITY!

Address 1721 N FERN

Chicago, IL 60614
Listing Status Active
Asking Price $3,750,000
Original Listing $3,750,000 @
Ownership
Property Type Fee Simple
Asssessment N/A
Rooms
Walk In Closet, Office
Square Footage Not Disclosed
Bedrooms 3
Full Bathrooms 2
Half Baths 2
Location
Directions Sedgwick to Eugenie, West on Eugenie to Fern Ct. North on Fern Ct. to property.
Neighborhood Lincoln Park
School District Not Listed
Public Records
County Cook
Tax PIN 14333240450000
Property Tax $47,157 for the year 2021
Features
Year Built 1903
Laundry Location In Unit,Laundry Closet
Elevator Not Listed
Cooling Space Pac, Zoned
Heating Indv Controls, Zoned
Sewer/Septic Public Sewer
Fireplaces Wood Burning,Gas Starter (3)
Interior Features Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Beamed Ceilings
Additional Parcels No
Appliances Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
Association Fee Frequency Not Applicable
Basement Partial
High School District 299
Living Area Source Survey
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11738126
Courtesy of @properties Christie's International Real Estate
Exterior
Style Detached Single
Material Patio,Dog Run,Storms/Screens,Outdoor Grill,Fire Pit
Lot Size 25X144
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Total Spaces:
Garage Spaces: 3
Non-Garage Spaces: 0 -
View Not Listed