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1942 N Sedgwick Street
Chicago, IL 60614
Sabina Szura with Dream Town Real Estate, original listing - (312) 265-8000
$2,899,999
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
3200 Square Feet
Property Description
This extraordinary penthouse, built as the developer's personal residence, is being offered for the first time and is a rare opportunity to own this masterpiece crafted by the highly acclaimed developer - PLD Homes. Nestled in the highly desirable Southeast Lincoln Park. Boutique condo building with just 2 units.This luxurious home offers an unmatched living experience, with a private elevator, a 3-car heated attached garage, and expansive living spaces that rival those of a single-family home. Bright & Airy: With east, west, and south exposures, natural light floods the space throughout the day, highlighting the modern classic interior design that blends traditional elements with contemporary flair. The dual custom floating staircases are a striking focal point of the interior, paired with rift cut oak, herringbone, heated floors bringing warmth and elegance. No expense was speared, House of Rohl plumbing fixtures, exotic marble limestone, quartzite surfaces and countertops as well as an extensive trim work throughout add a layer of refinement. Multi-zone climate control, steam-forced central humidifier, and two domestic water heating systems ensure comfort and convenience. Chef's Kitchen:State-of-the-Art Appliances: Equipped with 2 Sub-Zero fridge/freezer columns, a 48" Wolf dual fuel range with griddle, and an external blower, 1200 CFM hood. Two Miele dishwashers, farmer's sink and a Pantry/Butler's pantry with an additional prep sink make this kitchen a chef's dream. An Iceberg countertop completes the room. A dramatic, oversized wood-burning fireplace with a French limestone mantel anchors the family room, while a wall of windows with south and west exposure floods the room with natural light. Motorized roller shades. The living and dining rooms boast ample space, enhanced by a built-in wet bar in rich, dark chocolate brown, rift cut oak with a dual-control Sub-Zero wine fridge. Cove lighting and custom sheers elevate the ambiance. Gracious double door into the primary suite, featuring 4 closets including a shoe closet with an inconspicuously built in custom beveled mirror. Primary bathroom exudes opulence with steam shower, free standing tub, and double vanity, enclosed water closet with washlet seat and custom paneling. Directly off the kitchen and family room, the 15'x10' terrace is an urban oasis. Ipe decking, pergola, privacy fencing, and professional landscaping with a sprinkler system create a serene environment. Gas, electric, and water connections, perfect for outdoor living and entertaining. Atop the building, the rooftop with sweeping city views is a private oasis. Enjoy the covered space with wet bar, dishwasher, sink, and beverage center, along with Ipe decking, a privacy fence, TV, and speakers. Mature landscaping, a lawn sprinkler system, and even a dog potty space make it a truly unique, luxurious outdoor retreat. Just steps from one of the largest and most enchanting parks in the city of Chicago at the Lincoln Park Zoo, farmer's market, lakefront, and vibrant dining and nightlife options in Lincoln Park, Old Town and downtown, this location is unparalleled. With easy access to public transportation, you're minutes away from everything the city has to offer.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
2017
MLS Number
--
Location
Address
1942 N Sedgwick Street
City
Chicago
State
IL
Zip Code
60614
County
COOK (NORTHEAST CHICAGO)
Listing
Name
Phone
(312) 265-8000
Office Name
Office Phone
(312) 265-8000
Agent Name
Sabina Szura
Agency Phone
(312) 265-8000

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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