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3507 N Bosworth Avenue
Chicago, IL 60657
Hayley Westhoff with Compass, original listing - (312) 733-7201
$3,800,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Prepare to be captivated by this award-winning architectural gem featured in Luxe Interiors Magazine, where timeless elegance meets modern sophistication. Interior architecture and design by the renowned Claire Staszak of Centered By Design, this one-of-a-kind residence redefines opulence with its flawless craftsmanship and meticulously curated finishes. Nestled on an extra-wide 37.5 lot on a picturesque, tree-lined, one-way street, this home is a statement of refined luxury. From the moment you approach the arched wood door, stepping onto the exquisite marble-checkered foyer, you are transported into a world of unparalleled grandeur. The formal living room features a stunning black marble fireplace, bathed in natural light and adorned with custom automated shades integrated into a Control4 home automation system that seamlessly controls lighting, security, sound, and window treatments throughout. Wide-plank white oak floors flow effortlessly through the home, while bespoke cabinetry by DDH Cabinetry graces every space with elegance and functionality. The gourmet kitchen is nothing short of extraordinary, boasting Iceberg quartzite countertops with a full-height backsplash, a Wolf 48' range, a massive 72" Subzero fridge and freezer, and contrasting black Belvedere quartzite counters with a dramatic waterfall edge. A custom-designed hood and professionally built-out walk-in pantry provide a sleek yet functional aesthetic. Adjacent is an oversized built-in banquet dining space, perfect for large gatherings. The family room exudes warmth and sophistication, anchored by the second of three fireplaces with a marble surround and custom oak built-ins under coffered ceilings with pinhole lighting. Multi-panel retractable glass doors blur the lines between indoors and outdoors, leading to a private, professionally designed outdoor haven with a built-in grill and multiple entertaining spaces. The ATTACHED, heated 2.5-car garage with a custom mudroom and cabinetry is a rare urban luxury, ensuring seamless convenience for busy lifestyles. Upstairs, the home offers four impeccably appointed bedrooms and three spa-like bathrooms, bathed in light from the dramatic skylight above the stairs. A thoughtfully designed laundry room on the second level features ample storage, a convenient sink, and custom cabinetry for optimal organization. The primary suite is a true sanctuary, featuring walls of windows, a cozy seating area with a marble fireplace, grasscloth wallpaper, and a designer chandelier. Two walk-in closets, illuminated with LED lighting, provide ample storage, while the bathroom is a showstopper with a dual-entry steam shower, a sauna with programmable settings, a freestanding tub surrounded by marble tile, and dual vanities offering both beauty and functionality-all illuminated by a soothing skylight that enhances the serene ambiance. The lower level is equally impressive, with radiant heated floors, a versatile rec room, a built-in homework or office space, and a guest suite complete with a custom Murphy bed. Every closet in the home is professionally outfitted, all rooms have custom motorized shades and curtains, and the entire house is wired for sound, ensuring both luxury and practicality. Outdoors, the composite deck with a pergola and built-in gas firepit creates a serene retreat, while the solar-ready roof highlights the home's modern efficiency. Located just steps from Southport Corridor's outstanding dining and shopping options, including Crosby's Kitchen, Steingold's, Tango Sur, Anthropologie, Jewel Osco, Ella Elli, Sephora, and more. The nearby Southport CTA station makes commuting a breeze. This meticulously renovated residence embodies the perfect blend of sophistication, comfort, and convenience. This is not just a home-it's a lifestyle, offering the elegance and exclusivity discerning buyers seek.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1898
MLS Number
--
Location
Address
3507 N Bosworth Avenue
City
Chicago
State
IL
Zip Code
60657
County
COOK (NORTHEAST CHICAGO)
Listing
Name
Phone
(773) 729-0594
Office Name
Office Phone
(312) 733-7201
Agent Name
Hayley Westhoff
Agency Phone
(312) 733-7201

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HUD Foreclosures

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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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.