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$5,100,000
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Property Description
Meticulously renovated with no expense spared, this magnificent 5-story freestanding Greystone on an oversized lot on one of the Gold Coast's most coveted blocks couples the grandeur of its original design with the functionality of modern living, creating a timeless masterpiece to enjoy for years to come. Centered around a breathtaking architectural staircase naturally lit from above by a showstopping glass and onyx dome, the 7600-square foot freestanding home is filled with an abundance of original beautifully-preserved details and an exciting array of new millwork, stones, wood, and glass. A grand double foyer leads to a living room, formal dining room, commercial chef's kitchen, family room with built-ins, and a glorious one-of-a-kind solarium which opens to outdoor terraces. The primary suite comprises the entire second level, with a sunlit sitting room with windows on all sides; dual bathrooms featuring bookmatched marble slabs, heated floors, and the finest fixtures; a glamorous walk-in designer closet with center valet, custom cabinets, additional washer/dryer, refrigerator; and a fabulous library w/fireplace and additional full bath. The third floor has 2 additional bedrooms suites and a huge family/game room w/kitchenette+bathroom. Landscaped and irrigated roof terraces off the dome presents the most romantic vistas of the Gold Coast and Downtown. Ideal for live-in, in-law suite, or guest quarters w/its own commercial kitchen, bath, and bedroom, the lower level adds flexibility and dimension to this amazing package. Ideally situated next to Latin School and just steps to the park and lake, this residence has a two car garage, dog wash station, 3 laundry stations, snow melt system encompassing the entire front and back walkways, and Savant home automation system. A spectacular offering!
Full Property Details
Full Property Details for 1540 N Dearborn Pkwy
General
- Sold For: $5,100,000
- Taxes: $85,529 (2023)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12417554
- Added to Site: 223 day(s) ago
Interior
- Interior Features: Cathedral Ceiling(s), In-Law Floorplan, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk, Special Millwork
- Appliances: Double Oven, Range, Microwave, Dishwasher, High-End Refrigerator, Freezer, Disposal, Stainless Steel Appliance(s), Gas Oven, Range Hood
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 6
- Half Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 5
- Bedrooms(Blw Grade): 1
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: DEARBORN BETWEEN NORTH AND BURTON ON WEST SIDE OF THE STREET
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Ogden International
- Middle School: Ogden International
- High School: Lincoln Park High School
- Private School: Lincoln Park High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Radiant Floor
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Greystone
- Construction: Limestone
- Exterior Const.: Limestone
- Basement Desc.: Finished, Full
- Windows: Skylight(s)
- Sub-Flooring: Hardwood
- Square Feet: 7,600
- Sq. Ft. Source: Plans
- Year Built: 1887
- Built Before 1978: Yes
- Remodeled/Updated: 2015
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 25 x 150
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1887
- Tax Amount: $85,529.12
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17042080360000
Listed by Compass
Sold by Jameson Sotheby's Intl Realty
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Schools
Schools serving 1540 N Dearborn Pkwy
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.7 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1540 N Dearborn Pkwy
Date
Details
Price
Change
Source
1/12/2026
Sold
$5,100,000
-7.19%
MLS
7/11/2025
Listed
$5,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1540 N Dearborn Parkway, Chicago, IL 60610 (MLS# 12417554) is a Single Family property that was sold at $5,100,000 on January 12, 2026. Want to learn more about 1540 N Dearborn Parkway? Do you have questions about finding other Single Family real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

