Location: 1945 North Dayton Street, Chicago, Illinois, 60614, United States

Lincoln Park Luxury Home on Dayton Street

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Description

SOLD PRE-AUCTION

Suggested Opening Bid: $3,000,000

Buyer’s Premium: 5%

Cooperating Broker’s Commission: 2.5% of Bid Price/Offer Price (before Buyer’s Premium is added)

Year Built: 2011

Bedrooms: 7

Baths: 5 Full; 2 Half

Attached Garage: 3 Car

Fireplaces: 4

Acreage: .0689

Lot Size: 25×125

2019 Taxes: $46,472.43

PIN#: 14324100120000 

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Stunning single family home on highly desirable Dayton Street in East Lincoln Park. This home has it all with a perfect mix of both elegant and comfortable rooms and multiple indoor and outdoor entertaining spaces. Its many unique features make it a standout among Lincoln Park residences.


Custom built by BBA Architects, this 7 bedroom 5.2 bathroom home was built wider than your standard single family home. It has an elevator serving all floors and many high-end designer finishes throughout. Enter to an exquisite living room with custom built-ins, wainscoting, a fireplace and half bath that flows into a stately dining room with impressive marble bar/butler’s pantry with wine fridge. The gourmet kitchen with attached great room boasts a large island, two dishwashers, top of the line appliances, NewStyle cabinets, quartz and silestone countertops, planning desks and an eating area with built-in bench.

The lower level includes a mudroom off of the attached garage, a large family room with built-ins and two wine fridges, an additional bedroom, a soundproof theater, bathroom and laundry room with double washer/dryers and a laundry shoot. The home includes many upgrades that are perfect for today’s living: a large, sun filled gym; a private wood paneled office; an indoor breezeway to the 3 car heated garage; and radiant floors. The gorgeous third floor primary suite feels like the most exclusive hotel with a fireplace, private deck, custom closets and marble bathroom with separate toilet, steam shower and ceiling filled tub.

Multiple outdoor spaces include a patio off of the kitchen leading to a garage rooftop deck and two rooftop decks (higher than neighboring properties with unobstructed views), including one with a fireplace and a pool.

Close to all the great restaurants and shopping on Halsted and Armitage. Do not miss this special, impeccable home.

Pre-auction offers highly encouraged! This property is expected to sell prior to the online auction.

 

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  • Purchase and Sale Agreement
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Confidentiality Agreement

I/We the Accepting Party/Parties and any related entities, including brokers, (the “Accepting Party”) is/are interested in obtaining information regarding this Property (the “Property”) in order to evaluate the possible acquisition (the “Proposed Transaction”) of the Property. By entering my/our password I/We accept the following terms of this confidentiality agreement:

  1. Confidentiality: Any information with respect to the Property (collectively, the “Evaluation Materials”) provided to Accepting Party by Owner, Owner’s Representative and AW Properties / AuctionWorks any of their respective consultants, agents or employees (collectively, the “Seller Property”) will be used solely for the purpose of evaluating the possible acquisition of the Property by Accepting Party, and will not be used or duplicated for any other purpose. Accepting Party shall keep all Evaluation Materials strictly confidential provided that the foregoing shall not apply (a) to information of a public nature or learned by Purchaser from any source other than Seller, or (b) from and after the Closing Date. From and after the Closing Date Purchaser shall keep all financial information relating to the Tenants confidential. Nothing contained in this Section shall prohibit any party from disclosing information (I) to its lenders, members, partners, shareholders agents or consultants or prospective purchasers of any of the Parcels or any interest therein; provided that as a condition to any disclosure of Tenant’s or Seller’s financial information, Purchaser shall deliver to Seller a confidentiality agreement executed by the party receiving such information, which agreement shall be for the benefit of Seller and shall be at least as comprehensive as this agreement, (ii) as required by any applicable securities requirement, law or court order, or (iii) in any action between any of the following parties: Purchaser, Seller, Seller’s Affiliate, any Agreement, the provisions of this Section shall survive the Closing or any termination of this Agreement.
  2. No Disclosure: Accepting Party shall not (I) disclose the fact that discussions are taking place concerning the possible acquisition of the Property or any of the terms thereof, or (ii) conduct any discussions, negotiations or make any inquiries concerning the possible acquisition of the Property with any other person or entity, except for Owner and AW Properties / AuctionWorks, except as may be expressly permitted elsewhere in the Agreement and, only in strict accordance with the provisions hereof.
  3. No representations by Seller Parties: None of Seller Parties make any representations or warranties as to the accuracy of completeness of the Evaluation Materials or that actual results will conform to any projections contained therein. Owner, Owner’s Representative and AW Properties / AuctionWorks expressly disclaim any and all liability for representations or warranties, express or implied, contained in the Evaluation Materials or in any other written, oral or other communications transmitted or made available to Accepting Party by Seller Parties, including, without limitation, computer disks containing files with financial data or projections.
  4. No Obligation: Owner is under no legal obligation of any kind whatsoever with respect to the Proposed Transaction by virtue of this Agreement, the delivery of any Evaluation Materials, any discussions concerning the Proposed Transactions or otherwise, unless and until a binding written agreement is executed and delivered by all parties thereto.
  5. Accepting party hereby agrees to indemnify and hold harmless each of the Seller Parties against any and all costs, loss, liability or expense, including attorney’s fees and expenses, arising from or in any way connected with any breach of Accepting Party’s obligations under this Agreement.


Total Bids Placed:

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Auction Information

ONLINE-ONLY AUCTION

Location: 1945 North Dayton Street, Chicago, Illinois, 60614, United States

How to Submit Pre-Auction Bid

Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.

How to Register & Bid Online

Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.

Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:

BID APPROVAL PROCESS:

Review all information and due dilligence documents posted on the property listing on our website.

Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.

Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).

Click the “Register to Bid” button.

You will receive an email notifying you that you have been approved to bid on the property.

If you have any questions, contact us. We would be happy to assist you.


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