$775,000
SOLD SEP 19, 2024

4849 S Greenwood Ave Chicago, IL 60615

Kenwood Neighborhood
6 Beds
4.5 Baths
3,519 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

40% Below List Price

98 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Wood Flooring
  • Kenwood Academy High School Rated A-
  • Family Room with Fireplace
  • Formal Dining Room

About This Home

As of September 2024

An incredible opportunity to invest in the potential of an historic home the Kenwood neighborhood. House requires work - but is gracious, spacious and is priced to move. At the time this home was constructed there were only four houses on the 4800 block of Greenwood Avenue; Kenwood was then a bucolic suburban retreat. The catalysts fostering the growth of the neighborhood (the founding of the University of Chicago and the 1893 World's Columbian Exposition) were years away. For a century and a half this home has stood proudly as the world evolved around it - a new century dawned (twice) and houses by architectural innovators including Frank Lloyd Wright and Burnham & Root rose nearby. A resurgence occurred as the community was landmarked, and a neighbor elected president. And through it all 4849 endured. The ambience of those earlier years remains: a handsome staircase, leaded windows, high ceilings, warming fireplaces and a verdant yard. This welcoming, spacious home offers a layout that can be reconceived for the 21st century, including space for a large kitchen and family room. With six bedrooms, four full and one-half baths, enclosed porches and lovely formal rooms on the main level, this house provides ample space indoors, and out. Hyde Park and Kenwood are vibrant communities - enhanced by the University of Chicago, adjacent to the city's magnificent lakefront and located a mere ten-minute drive from the Loop. This is an amazing opportunity to write the next chapter of this home's enduring legacy. Property is sold AS-IS.

Last Agent to Sell the Property

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Mabél Guzmán

Coldwell Banker Realty License #475143088

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,472

Year Built

  • Built in 1887

Lot Details

  • Lot Dimensions are 40 x 201
  • Fenced Yard
  • Mature Trees

Home Design

  • Stone Foundation

Interior Spaces

  • 3,519 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Ceiling height of 9 feet or more
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck

Utilities

  • SpacePak Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,472

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1887
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s), Ceilings - 9 Foot, Historic/Period Mlwk
  • LivingArea: 3519
  • Room Type: Bedroom 5, Bedroom 6, Storage, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Stone
  • List Price: 895000
  • Lot Features: Fenced Yard, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Stucco,Wood Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40 X 201
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 20472.43
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $775,000 -13.4% $220 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $895,000 -30.9% $254 / Sq Ft
06/21/2024 06/21/24 For Sale $1,295,000 0.0% $368 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $1,295,000 -- $368 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,865 $149,000 $49,600 $99,400
2023 $19,865 $100,000 $40,000 $60,000
2022 $19,865 $100,000 $40,000 $60,000
2021 $19,439 $100,000 $40,000 $60,000
2020 $24,180 $111,646 $32,000 $79,646
2019 $23,693 $121,355 $32,000 $89,355
2018 $23,293 $121,355 $32,000 $89,355
2017 $22,425 $107,547 $26,400 $81,147
2016 $21,040 $107,547 $26,400 $81,147
2015 $19,227 $107,547 $26,400 $81,147
2014 $13,140 $73,388 $21,600 $51,788
2013 $12,869 $73,388 $21,600 $51,788
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $658,750 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $775,000 Chicago Title
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12048392

Midwest Real Estate Data (MRED)

APN: 20-11-108-008-0000