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Historic Greystone Mansion Opportunity in the Heart of Bronzeville A blank canvas for your ultimate dream home! Nestled in Chicago's historic and vibrant Bronzeville neighborhood, this massive, all-brick 3-story Greystone mansion stands ready for a stunning architectural rebirth. Representing a rare chance to blend timeless late-19th-century elegance with modern luxury, this property is being sold As-Is, offering a phenomenal opportunity for savvy investors, developers, or ambitious live-in visionaries. Key Property Features & Preservation Highlights:Stately Architecture & Historic Details: Built in 1883, this grand home features a soaring 3-story layout with beautiful architectural bones, including an iconic stone facade, historic front and rear stairwells, and exquisite original stamped wood walls and crown molding.Expansive Floor Plan: A massive 13-room layout with the footprint to easily accommodate 6 to 8 bedrooms and multiple baths.Income or Multi-Generational Potential: Features a ground-level walk-out unit that has been completely gutted and boasts its own dedicated private entrance and exit-perfect for an in-law suite, a high-end guest apartment, or rental income. Architectural Plans Included: Skip a massive step in the planning phase! The owner has already commissioned full architectural plans for the entire home's transformation, which are available to view and utilize for your renovation. Vibrant Bronzeville Neighborhood Amenities: Live or invest in a neighborhood renowned for its rich cultural history, striking architecture, and booming community development. This prime location offers unparalleled access to:Parks & Waterfront: Just minutes from the sprawling lakefront, Margaret Burroughs Beach (31st Street Beach), and the historic Burnham Park-perfect for running, cycling, or enjoying Lake Michigan. Dining & Culture: Walk to a thriving local culinary scene featuring celebrated neighborhood favorites like Pearl's Place, Peach's on 47th, and Bronzeville Winery, alongside boutique coffee shops, local art galleries, and the historic Monument to the Great Northern Migration.Elite Education & Innovation: Situated near the Illinois Institute of Technology (IIT) campus and down the street from the exciting new Bronzeville Lakefront development, promising massive future economic growth. Commuter's Dream: Commuting is effortless! Located just east of the Dan Ryan Expressway (I-94) and steps from the CTA Green and Red Line stations, as well as multiple Metra stops for a lightning-fast trip into the Loop.Opportunities to restore a majestic piece of Chicago history like this do not come along often. Bring your contractor and your vision-schedule your private tour today!
| DAYS ON MARKET | 119 | LAST UPDATED | 10/1/2026 |
|---|---|---|---|
| YEAR BUILT | 1883 | COMMUNITY | CHI - Douglas |
| COUNTY | Cook | STATUS | Conditional |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Aug 6, '26 | $549,000 |
|---|---|
| Aug 6, '26 - Sep 1, '26 | $489,000 |
| Sep 1, '26 - Sep 30, '26 | $475,000 |
| Sep 30, '26 - Today | $429,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | CHI - Douglas |
| BASEMENT | Exterior Entry, Full, Unfinished, Yes |
| CONSTRUCTION | Stone |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas, Steam |
| INTERIOR | In-Law Floorplan |
| LOT | 0 |
| LOT DIMENSIONS | 20X124 |
| PARKING | Off Street, Other |
| STYLE | Greystone |
| TAXES | 8344.2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.