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Backup Offers

50 E Cedar St, Chicago, IL, 60611

$1,750,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
5,000 SqFt
$350/SqFt
House

Location

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50 E Cedar St, Chicago$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1898
HeatingNatural Gas
CoolingCentral Air
BasementYes
FireplaceGas Starter
MLS #12035461
StatusAccepting Backup Offers
(Contingent)

About 50 E Cedar St

Sensational location and amazing, unexpected outdoor space like nothing you have seen in the city! This timeless Romanesque designed single family home was built in 1892 by important architect L. Gustav Hallberg. Entering the home through the wood paneled vestibule into the central foyer with 12-foot ceilings, hardwood floors, and access to all the spacious rooms on the first floor. The double living rooms have matching detailed gas fireplaces, large south facing windows that bring in generous natural light. The sitting room has a gorgeous pocket door as you enter into the stunning dining room with wood paneling, fireplace, gold leaf ceiling and hidden bar. Truly a gracious space for entertaining. The light filled eat in cook's kitchen features a spacious island and granite countertops. But the prime feature is the bank of windows overlooking the beautiful views of the expansive backyard and patio. Totally unexpected. The grand staircase with original wood paneling leads up to the second floor where you are greeted to the Music room/library with built in bookcases, featuring antique ornamentation and framed by a dramatic architectural arch from Thailand. The Primary suite features a fireplace, two walk in closets and spacious primary bath. Large family room with fireplace, built in bookcases, overlooks tree-lined Cedar Street. A second full bathroom, laundry and wet bar complete this floor. Stairs to the third floor has an amazing skylight and leads to four large bedrooms, two full baths, and two additional fireplaces. (The house has a total of 7 gas fireplaces.) Lower level offers office space, one bedroom apartment with kitchenette, full bath, and a private entrance to Cedar Street. This unique space is ideal for a home office, separate quarters for a nanny or adult family member. The lower level also features a cedar closet, abundance of storage and additional laundry. The backyard is like nothing else, gorgeous professionally landscaped garden and patio with pergola and gazebo . You will feel like you are on a European vacation in this is spectacular outdoor space. This special home is located on the tree lined Cedar Street which is just steps to the lake, high end shopping and dining. A prime, easy-access deeded parking spot across the street conveys with the house.

Property Details

Property Features

Property Information:

  • Architectural Style: Greystone
  • Year Built: 1898
  • Living Area: 5,000 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 763-0200
  • Listing Agent: Emily Destefano

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s), Range Hood
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Bar-Wet, Hardwood Floors, In-Law Arrangement, Second Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot
  • Fireplace: Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Storms/Screens

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: State Street East to Cedar

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $350/SqFt

Tax Information:

  • Annual Amount: $38,239
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

50 E Cedar St vs Chicago

213 DAYS ON ROCKET

+181 Days

$1,750,000

+$1.3M More

$350/SqFt

+$90 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $90/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12035461

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (847) 763-0200
  • Listing Agent: Emily Destefano

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$38,239$196,500
2018$44,445$225,000
2017$34,003$164,033

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-372687
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-372688
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.51 miles

  • Public District Grades KG-5

school-card-donut-372689
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $198,438. Residents of Chicago, IL typically earn $200k+ each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 E Cedar St

What is the listing price of this property?

The listing price of 50 E Cedar St property is $1,750,000.

What type of property is this?

The property 50 E Cedar St is a house located in Chicago, Illinois, 60611.

Is this property for sale now?

Accepting Backup Offers: 50 E Cedar St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $38,239 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 50 E Cedar St has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 50 E Cedar St is 5,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 50 E Cedar St is 1898.

Rocket Homes›Illinois›Cook County›Chicago›60611›50 E Cedar St

This home is located at 50 E Cedar St in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 5,000 square foot home was built in 1898. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,750,000.

While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The number of listings in Chicago, IL increased by 14.5% between September 2024 and October 2024. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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