551 W Grant Place
Chicago, IL, 60614 $ 4,300,000
Bedrooms7 Baths5.2 Sq 6,300 Monthly Estimate*
$ 26,826
for $4,300,000 with 7 bedrooms and 5 full baths, 2 half baths. This 6,300 square foot home was built in 2025.
**ONLY ONE HOME REMAINING**Presenting the Residences at Grant Place. Extra wide new construction single family homes coming to premier east Lincoln Park location. Truly rare offering with expansive footprint, 6300 SF of interior space, bespoke design & unsurpassed combination of luxury, size & locale. Built by the acclaimed Merrion Development Group in collaboration with award-winning interior designer JenMarie Design, each home features four levels above grade, elevator & attached subterranean garage with parking for up to 5 cars. Soaring ceiling height on all floors and notable outdoor space with a 27' wide private backyard, large roof deck and direct access to the 1/2 acre private park in Webster Square. Floor plans include 6+ BD's, 5.2 BA's, multiple living spaces, a mammoth half floor primary suite, three laundry setups & suitable space for exercise room, golf simulator, study, etc. Featuring a 95 walk score and located in the absolute heart of Lincoln Park, it's an easy walk to the Lake Michigan, Oz Park, Lincoln Park Zoo, Francis Parker, Latin school & Lincoln Elementary, the Nature Boardwalk & the 15 ace North Pond, Peggy Notebaert Museum, Equinox, Studio Three & every imaginable restaurant and shop in the neighborhood. Anticipated Fall delivery with options for customization available. Show with confidence!
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FeaturesGeneralLiving Area 6300
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing Immediate
HOA Fee 542
Garage Spaces 3
Association Fee Includes Insurance Scavenger Snow Removal
Construction Materials Brick
Year Built 2025
Township North Chicago
Tax Year 2023
Ownership Fee Simple w/ HO Assn.
Assoc Fee Paid Per Monthly
County Cook
New Construction Y
Property Type Residential Detached Single
Total Rooms 11
Full Baths 5
Status Pending
Directions 1 block North of Webster Ave East of Geneva Terr just West of Cleveland
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Park
Elementary School Lincoln Elementary School
Tax Annual Amount 6426.28
Middle/Junior High School Lincoln Elementary School
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Full
Half Baths 2
Total Bedrooms 7
Room Type Bedroom 5 Bedroom 6 Bedroom 7
Total Baths 7
Bedrooms Possible 7
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ExteriorParking Features Yes Attached Garage
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 27X86
Lot Size Acres 0
Waterfront Y/N N
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* Excluded FeaturesList Bymarc.zale@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $26,826
- Monthly Property Taxes
- $536
- 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 $499,370
Percent of Sale Price 88%
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.
565530 Elementary School
565530 Middle School
Lincoln Park High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2025 | $4,300,000 | | Listed Price |