9 months on rocket

1407 N Hoyne Ave, Chicago, IL, 60622

$6,500,000

5 Bedrooms
4 Full Baths, 3 Partial
10,250 SqFt
$634/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage1 space
Year Built1885
HeatingNatural Gas, Forced Air
CoolingCentral Air, Zoned
BasementYes
WaterfrontFencing
MLS #11830316
Lot Size0.25 Acres
StatusActive

About 1407 N Hoyne Ave

A sophisticated presence, landmark status, architectural integrity, and an unprecedented outdoor footprint for Wicker Park, 1407 N. Hoyne Ave. is a one-of-a-kind opportunity for the homeowner who wants an expansive city estate with pedigree and a modern program. Originally built for beer baron John H. Rapp in 1886, this 8250 SqFt-square-foot, 5+ bed/5.5 bath single-family home underwent a 2-plus-year renovation and restoration by Rugo Raff Architects. The current owner acquired and reunited the original 2000 square foot coach house with this lovingly restored home which is now included in this offering. Preserving elements of its Victorian charm while optimizing sightlines and integrating first-class finishes was paramount. This special home's unheard of 98' x 150' lot - a combined oversized 4-5 city lots! - affords multiple green spaces, including a deep front yard with mature landscaping, a side yard with raised garden beds and a European-style pergola, and a meticulously manicured backyard. Inside, an elegant entry plus an oval-shaped entry hall link to a lovely living room with an abundance of natural light, a traditional turret, and a wood-burning fireplace, and a formal dining room just beyond with hand-scraped walnut floors. The custom chef's kitchen stuns with O'Brien Harris cabinetry, white quartzite countertops, professional-grade Wolf/Sub-Zero appliances, an herb garden, a full butler's pantry, a breakfast dining space with banquette seating, and a built-in desk. The main level also features an intimate family room with built-in walnut cabinetry and a chic beverage center, and two beautiful limestone terraces accessed via French doors: a 12' x 23' west terrace for open-air entertaining and a 12' x 17' side terrace that's perfectly appointed for large-scale alfresco dining with an outdoor kitchen and a built-in grill. A striking example of this home's flawless interior architecture is the centrally located, curving suspended staircase. The second level is devoted to two secondary bedrooms (one with custom bunk beds), the first of two laundry rooms, and an impressively spacious primary suite with a sitting area, a custom dressing room, a walk-in closet, and a marble-clad ensuite bath with two vanities, a soaking tub, and a deluxe shower. The third floor presents two designer offices--a handsome den with knotty alder wood floors and a gas fireplace, a cozy den with a wet bar, an exercise room, and yet another polished guest bedroom. But there's more... This truly magnificent home also comes complete with a fully finished garden level with a massive playroom that opens onto a basement terrace, a wine room, a kitchenette, another large guest bedroom with den perfect for related living, a second laundry room, a walk-in storage room, and a custom mudroom that connects to a two-car garage. Plus, the property features a standalone coach house - a wonderful blank slate that can be transformed into a guest cottage, a recreation or art space, offices, or added parking if needed. Additional callout details and amenities include restored original doors and hardware, custom woodwork and trim throughout, designer lighting and wallcoverings throughout, four total fireplaces, 97 Marvin windows, geothermal heating and cooling plus radiant heat in the lower level playroom, a Lutron lighting system, self-irrigating planters on both terraces, and an excess of custom interior storage. Walking distance to Wicker Park proper and the world-class shopping and dining that extends from the neighborhood's famed Six Corners, 1407 N. Hoyne Ave. is a one-of-a-kind home with uncompromising design and comforts.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1885
  • Living Area: 10,250 SqFt

Listing Office:

  • Office Name: Jameson Sotheby's Intl Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Timothy Salm

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Cooler
  • Basement: Yes
  • Interior: Skylight(s), Bar-Dry, Bar-Wet, Hardwood Floors, In-Law Arrangement, Second Floor Laundry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Balcony, Deck, Patio, Dog Run, Outdoor Grill

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 1407 N Hoyne Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Fencing
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Clemente Community Academy High School, Public District Grades 9-12
  • Pritzker Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Damen to Schiller, west to Hoyne. Home located at northeast corner of Schiller and Hoyne.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $634/SqFt

Tax Information:

  • Annual Amount: $64,542
  • Tax Year: 2019
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Housing Market Comparison

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

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

1407 N Hoyne Ave vs Chicago

290 DAYS ON ROCKET

+250 Days

$6,500,000

+$6.1M More

$634/SqFt

+$387 More

KEY TAKEAWAY

This property is $6.1M more than the Median Sold Price and $387/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: #11830316

Listing Office:

  • Office Name: Jameson Sotheby's Intl Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Timothy Salm

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Property Sales & Tax

Listing History

Aug 05, 2021Home Sold
$4,800,000
Sep 26, 2007Home Sold
$2,466,500

Tax History

YEARPROP. TAXASSESSMENT
2019$64,542$321,247
2018$63,457$321,247
2017$66,792$310,274

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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.

Elementary School

school-card-donut-3547986
7
/10
  • Pritzker Elementary School

  • 2009 W Schiller St

  • 0.08 miles

  • Public District Grades KG-8

High School

school-card-donut-3547987
1
/10
  • Clemente Community Academy High School

  • 1147 N Western Ave

  • 0.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,803. Most Chicago, IL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1407 N Hoyne Ave

What is the listing price of this property?

The listing price of 1407 N Hoyne Ave property is $6,500,000.

What type of property is this?

The property 1407 N Hoyne Ave is a house located in Chicago, Illinois, 60622.

Is this property for sale now?

Active Listing: 1407 N Hoyne Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1407 N Hoyne Ave are:
Pritzker Elementary School: GreatSchools Rating 7/10
Clemente Community Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $64,542 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 5, 2021 for $4,800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1407 N Hoyne Ave has 5 bedrooms and 4 full and 3 half bathrooms.

What is the square footage of this property?

The property 1407 N Hoyne Ave is 10,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1407 N Hoyne Ave is 1885.
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Rocket Homes›Illinois›Cook County›Chicago›60622›1407 N Hoyne Ave

This home is located at 1407 N Hoyne Ave in Chicago, IL and zip code 60622 in the Wicker Park neighborhood. This 10,250 square foot home, which was built in 1885, sits on a 0.25 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 14, 2023 and is currently priced at $6,500,000.

In March 2024 more than 612 listings in Chicago, IL were sold above the asking price. During the same period more than 317 listings were sold at asking price, while more than 916 were sold below. In March 2024 in Chicago, IL there were 21.5% more homes for sale than in February 2024. While the average time on the market in March 2024 was 40 days, the median list price was $346,470.

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

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