Investment Overview

Marcus & Millichap is pleased to present this rare opportunity located in Chicago’s Gold Coast neighborhood. The subject property is located in a prestigious area known for historic landmark mansions and prestigious homes. The opportunity consists of a single family home approximately 5,546 square feet on a 3,300 square foot parcel. This stunning mansion boasts intricate architectural details, including ornate moldings, grand staircases, and beautiful woodwork, and incredible natural light. Once home to Ernest Hemingway, the property currently operates as a rental property with the house rented to a single occupant. There is a studio apartment on the ground level with an office of similar size used by the current operators as their leasing office. Additionally, there is a three bed one bath coach house at the rear of the property with an attached garage. The two buildings are separated by a charming garden area. Renovate back to a single family home with all its grandeur or upgrade and operate as a multifamily investment. The choice is yours.