Historic Greystone Mansion Opportunity in the Heart of Bronzeville A blank canvas for your ultimate dream home! Nestled in Chicago's historic and vibrant Bronzeville neighborhood, this massive, all-brick 3-story Greystone mansion stands ready for a stunning architectural rebirth. Representing a rare chance to blend timeless late-19th-century elegance with modern luxury, this property is being sold As-Is, offering a phenomenal opportunity for savvy investors, developers, or ambitious live-in visionaries. Key Property Features & Preservation Highlights:Stately Architecture & Historic Details: Built in 1883, this grand home features a soaring 3-story layout with beautiful architectural bones, including an iconic stone facade, historic front and rear stairwells, and exquisite original stamped wood walls and crown molding.Expansive Floor Plan: A massive 13-room layout with the footprint to easily accommodate 6 to 8 bedrooms and multiple baths.Income or Multi-Generational Potential: Features a ground-level walk-out unit that has been completely gutted and boasts its own dedicated private entrance and exit-perfect for an in-law suite, a high-end guest apartment, or rental income. Architectural Plans Included: Skip a massive step in the planning phase! The owner has already commissioned full architectural plans for the entire home's transformation, which are available to view and utilize for your renovation. Vibrant Bronzeville Neighborhood Amenities: Live or invest in a neighborhood renowned for its rich cultural history, striking architecture, and booming community development. This prime location offers unparalleled access to:Parks & Waterfront: Just minutes from the sprawling lakefront, Margaret Burroughs Beach (31st Street Beach), and the historic Burnham Park-perfect for running, cycling, or enjoying Lake Michigan. Dining & Culture: Walk to a thriving local culinary scene featuring celebrated neighborhood favorites like Pearl's Place, Peach's on 47th, and Bronzeville Winery, alongside boutique coffee shops, local art galleries, and the historic Monument to the Great Northern Migration.Elite Education & Innovation: Situated near the Illinois Institute of Technology (IIT) campus and down the street from the exciting new Bronzeville Lakefront development, promising massive future economic growth. Commuter's Dream: Commuting is effortless! Located just east of the Dan Ryan Expressway (I-94) and steps from the CTA Green and Red Line stations, as well as multiple Metra stops for a lightning-fast trip into the Loop.Opportunities to restore a majestic piece of Chicago history like this do not come along often. Bring your contractor and your vision-schedule your private tour today!
— the listing agent’s description
The home
6 beds
2.5 baths
3,389 sqft
Built in 1883
Lot 20X124
Detached Single
Greystone
What it’ll cost
$144 / sqft
$8,344 taxes / yr
No HOA
Listed $549,000
Now $489,000
69 days on dwello
Estimated monthly payment
$3,438/mo
Principal & interest$2,600
Property taxes$695
Homeowners insurance$143
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Central AirPartialNoneNatural GasForced AirSteamStoneStorm SewerOff Street