Corcoran Urban Real Estate
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40 E Burton
Chicago, IL 60610

  • 11 Beds
  • 6 / 3 Baths
  • 10,774 Sq. Ft.
  • Built In 1909
Price

$4,300,000

Est Payment
$22,587 / month (details)  
Beds
11  
Baths
6 / 3  
Rooms
16  
Type
Detached  
Sq. Ft.
10,774  
Lot Size
57 X 105  
Built
1909  
Neighborhood
Gold Coast  
MLS
#10809870
Status
Cancelled

Property Description

"The opportunity to reimagine this magnificent property for the 21st century is an alluring proposition for those innovative souls committed to preserving this remarkable corner of the world." 40 East Burton Place represents one of the last remaining architectural treasures of this bygone era. Never before offered on the market, the classic Georgian Style estate commands a prominent Northeast corner wrapping both Astor Street and Burton Place. Built in 1909 the residence was commissioned by John L. Shortall and built by the architectural firm of Schmidt, Garden & Martin. The firm was famous locally for building the Ambassador Hotel, also noteworthy are numerous private residences on Astor Street and significant estates in Winnetka and Lake Forest built by the well-respected team. The residence occupies an enviable scale of property for such a premier location. Encompassing over two city lots ( 57' wide x 105' deep), the property enjoys a spacious drive, two-car garage and ample private parking for up to six cars with a Burton Place curb cut. The sprawling side garden on Astor Street provides a serene setting for a myriad of al fresco pursuits. The opportunity to reimagine this magnificent property for the 21st century is an alluring proposition for those innovative souls committed to preserving this remarkable corner of the world. The residence consists of four levels and over 10,000 square feet. The gracious entry foyer gallery establishes an ideal flow while large formal rooms overlook the sylvan neighborhood with the Lake glistening in the backdrop to the East. The commercial grade kitchen is ample in size and adjoining rooms create an opportunity for a true magazine-worthy showplace. The richly paneled dining room was created in 1932, an addition and renovation designed by the renowned David Adler. One of the home's four fireplaces graces this handsome oversized space, an ideal locale for entertaining of all scales. The home currently features over 10 bedrooms located on the first, third and fourth levels as well as six full and one half bath. The Astor Street District in Chicago's Gold Coast is perhaps the most coveted area of the city's treasured remaining historic estates. The quiet, tree-lined streets that stretch from Division Street all the way up to North Avenue, provide quintessential Gold Coast living in a location that's close to just about anything you could want in a home; the Lake, the Park, and the Loop are all just steps away from your front door. Constructed over a period of more than 100 years, the buildings along the Astor Street neighborhood reflect the fashionable styles favored by their original high-society residents.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
28x22
Dining Room
Main
28x19
Kitchen
Main
17x17
Family Room
Main
25x16
Bedroom (master)
2nd
Carpet
27x19
Bedroom (2nd)
2nd
Carpet
21x19
Bedroom (3rd)
2nd
Carpet
17x17
Bedroom (4th)
2nd
Carpet
17x11
5th Bdrm
3rd
Carpet
31x15
6th Bdrm
3rd
Carpet
17x15
7th Bdrm
3rd
Carpet
09x14
8th Bdrm
3rd
Carpet
15x09
9th Bdrm
3rd
Carpet
10x09

Utilities

  • Heating Hot Water/Steam, Radiators
  • Cooling Central Air, Zoned
  • Water Public
  • Sewer Sewer-Public

Additional Information

Appliances
Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Parking
Garage Door Opener(s), Garage On Site, Owned
Schools
Lincoln Park High School, Ogden Elementary, Ogden Elementary

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-07-2020 Listed at $4,500,000
03-11-2021 Price decreased by $200,000 to $4,300,000
06-08-2021 Status changed to Cancelled
Last Modified 6/8/21 5:24 PM

Nearby Transportation

  • Bus 151 0.1 mi
  • Bus 36 0.2 mi
  • Bus 22 0.2 mi
  • Bus 9 0.2 mi
  • Bus 72 0.2 mi
  • Bus 73 0.3 mi
  • Bus 156 0.3 mi
  • Bus 70 0.5 mi
  • Bus 37 0.6 mi
  • Bus 0.6 mi
  • Bus 143 0.7 mi
  • Bus 146 0.7 mi
  • Bus 147 0.7 mi
  • Bus 148 0.7 mi
  • Bus 157 0.8 mi
  • Red Line 0.5 mi
  • Brown Line 0.6 mi
  • Purple Line 0.6 mi
  • ZipCar 0.2 mi
  • I 90 East 1.2 mi
  • I 94 East 1.2 mi
  • I 90 West 1.2 mi
  • I 94 West 1.2 mi
  • I 290 East 2.5 mi
  • I 290 West 2.8 mi
  • I 55 South 3.9 mi
  • I 55 North 3.9 mi
grid
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