1540 N Dearborn Parkway
Chicago, IL, 60610 $ 5,495,000
Bedrooms5 Baths6.3 Sq 7,600 Monthly Estimate*
$ 34,282
for $5,495,000 with 5 bedrooms and 6 full baths, 3 half baths. This 7,600 square foot home was built in 1887.
Meticulously renovated with no expense spared, this magnificent 5-story freestanding Greystone on an oversized lot on one of the Gold Coast's most coveted blocks couples the grandeur of its original design with the functionality of modern living, creating a timeless masterpiece to enjoy for years to come. Centered around a breathtaking architectural staircase naturally lit from above by a showstopping glass and onyx dome, the 7600-square foot freestanding home is filled with an abundance of original beautifully-preserved details and an exciting array of new millwork, stones, wood, and glass. A grand double foyer leads to a living room, formal dining room, commercial chef's kitchen, family room with built-ins, and a glorious one-of-a-kind solarium which opens to outdoor terraces. The primary suite comprises the entire second level, with a sunlit sitting room with windows on all sides; dual bathrooms featuring bookmatched marble slabs, heated floors, and the finest fixtures; a glamorous walk-in designer closet with center valet, custom cabinets, additional washer/dryer, refrigerator; and a fabulous library w/fireplace and additional full bath. The third floor has 2 additional bedrooms suites and a huge family/game room w/kitchenette+bathroom. Landscaped and irrigated roof terraces off the dome presents the most romantic vistas of the Gold Coast and Downtown. Ideal for live-in, in-law suite, or guest quarters w/its own commercial kitchen, bath, and bedroom, the lower level adds flexibility and dimension to this amazing package. Ideally situated next to Latin School and just steps to the park and lake, this residence has a two car garage, dog wash station, 3 laundry stations, snow melt system encompassing the entire front and back walkways, and Savant home automation system. A spectacular offering!
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FeaturesGeneralLiving Area 7600
Sewer Public Sewer
Heating Natural Gas Forced Air Radiant Floor
Cooling Central Air
Possession Closing
Appliances Double Oven Microwave Dishwasher High End Refrigerator Freezer Disposal Stainless Steel Appliance(s) Gas Oven Range Hood
Garage Spaces 2
Association Fee Includes None
Architectural Style Greystone
Construction Materials Limestone
Year Built 1887
Township North Chicago
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 13
Full Baths 6
Status Active
Directions DEARBORN BETWEEN NORTH AND BURTON ON WEST SIDE OF THE STREET
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Near North Side
Elementary School Ogden International
Tax Annual Amount 85529.12
Middle/Junior High School Ogden International
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorInterior Amenities Cathedral Ceiling(s) In-Law Floorplan Built-in Features Walk-In Closet(s) Bookcases Historic/Period Mlwk Special Millwork
Basement Finished Full
Flooring Hardwood
Half Baths 3
Laundry Features Upper Level In Unit Multiple Locations
Total Bedrooms 4
Room Type Sun Room Deck Terrace Bedroom 5 Foyer Sitting Room Great Room Library Recreation Room Walk In Closet
Total Baths 9
Bedrooms Possible 5
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ExteriorParking Features On Site Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X150
Waterfront Y/N N
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* Excluded FeaturesList Bybrad.lippitz@compass.com;brad@bradlippitz.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $34,282
- Monthly Property Taxes
- $7,127
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Chicago, IL
Average List Price $497,970
Percent of Sale Price 91%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2416784 Elementary School
2416906 Middle School
Lincoln Park High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/11/2025 | $5,495,000 | | Listed Price |