40 E Burton Place

Chicago, IL
$ 4,500,000 Beds 9 Baths 7.5 Sq 10,774 Virtual Tour
Monthly Estimate* How much can I afford?

"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.

Single Family

  • Price
  • $ 4,500,000
  • Lot Size
  • Bedrooms
  • 9
  • Sqr Footage
  • 10,774
  • Full Bathrooms
  • 6
  • Year Built
  • 1909
  • Half Bathrooms
  • 3
  • City, Zip
  • Chicago
  • County
  • COOK
  • Style
  • Georgian
  • Area
  • CHI - Near North Side
  • MLS#
  • 10809870
  • Zip
  • 60610
Listing Provided by: Berkshire Hathaway HomeServices Chicago

Features

General

Appliances Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Architectural Style Georgian
Elementary School Ogden Elementary
Elementary School District 299
HOA Fee Frequency Not Applicable
Heating Steam, Radiators
High School Lincoln Park High School
High School District 299
Interior Features Skylight(s), Hardwood Floors, Built-in Features
Middle/Junior High School Ogden Elementary
Middle/Junior School District 299
New Construction No
Property Type Residential
Property Type Detached Single
Roof Tile
Sewer Public Sewer
Standard Status Active

Interior Features

Basement Full
Basement Finished, Partially Finished
Bedroomspossible 11
Full Baths 6
Half Baths 3
Kitchen Eating Area-Breakfast Bar, Island, Pantry-Butler
Laundry Features In Unit
Total Baths 9
Total Bedrooms 9

Exterior Features

Exterior Brick
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 57 X 105
Lot Features Corner Lot
Water Source Public

Room Details

Addtl Room 6 Name 12X18 Basement
Addtl Room 7 Name 20X11 Basement
Addtl Room 1 Name 31X15 3rd Level Carpet
Addtl Room 2 Name 17X15 3rd Level Carpet
Addtl Room 3 Name 09X14 3rd Level Carpet
Addtl Room 4 Name 15X09 3rd Level Carpet
Addtl Room 5 Name 10X09 3rd Level Carpet
Addtl Room 8 Name 10X11 Main Level Carpet
Dining Room 28X19 Main Level
Family Room 25X16 Main Level
Addtl Room 9 Name 13X16 Main Level
Living Room 28X22 Main Level
Master Bedroom 27X19 2nd Level Carpet
Addtl Room 10 Name 20X16 Basement

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Ogden Elementary
Middle School Ogden Elementary
High School Lincoln Park High School

Price History

8/7/2020 Listed $4,500,000

Property vs Zip Code Average in 60610

Price
AVG $4.45M
$4.5M
Visits
AVG 330
224
Year Built
AVG 1925
1909
Walkscore
AVG 96
90
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

40 E Burton Place Chicago, IL is a Single Family Home for sale at $4500000 with 10774 sqft and a lot size of Acre(s). 40 E Burton Place Chicago has 9 bedrooms, 6 baths and was built in 1909. The property's zip code is 60610 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.