Lincoln Park Luxury Single Family Home

Location: 1727 North Dayton Street, Chicago, IL, 60614

Lincoln Park Luxury Single Family Home

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Description

SOLD

Sold pre-auction. Interested parties may submit back up bids with proof of funds. The purchaser is offering this property for rent.  For more information regarding the rental, call Carma Baker: 847.691.1883.  It is available for rent beginning July 1, 2014.

Suggested Opening Bid: $1,250,000

Cooperating Broker’s Commission: 2.5%

Buyer’s Premium: 5%

Number of Bedrooms: 4

Number of Bathrooms: 4

Home Size: Approx. 3,636 sf

2012 Taxes: $15,379.25

This wonderful brick home is situated in the heart of Lincoln Park on highly desirable Dayton street.  Built in 1876, it features many beautiful vintage details.  Recently renovated and in move-in ready condition, it is rented for $7,000/month through June 5, 2014. It features: 4 bedrooms up with a potential 5th bedroom on the lower level; 2 full baths; 2 half baths; quarter sawn oak wood throughout; high ceilings; hardwood floors; an enclosed back yard; a large deck accessed from the kitchen; and a detached, two car garage.

The first floor features: a foyer; a coat closet; a powder room; a formal living room; a formal dining room with original built-ins; and a gourmet kitchen with GE Profile and GE Monogram appliances, a breakfast area and a pantry. 

The second floor features: 4 bedrooms and two full baths. The master bedroom has a large walk-in closet and new bath. 

The lower level, which offers separate access to the backyard, features a large recreation room with a bar; a large storage area; a laundry room; and a den that could be expanded to become a 5th bedroom, ideal for a nanny or in law arrangement. This fabulous home is within walking distance to all of the shops and restaurants Lincoln Park has to offer! 

This home is expected to sell pre-auction and most likely will not be available on auction day.  Contact Diana Peterson (diana.peterson@svn.com; 312.756.7333 or 312.218.6102) with any questions or to submit your pre-auction bid.

To review the documents for this property, please follow these 3 simple steps:

  1. Register on our website or log in with your existing account.
  2. Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
  3. You may now download the document.

Agree to this NDA to download:

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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:

Auction has expired

Auction Expired because there were no bids
Auction started June 25, 2014 11:00 am CDT

Auction Information

ONLINE-ONLY AUCTION

Bidding Starts: June 25, 2014 11:00 am CDT

Bidding Ends: June 27, 2014 11:00 am CDT

Location: 1727 North Dayton Street, Chicago, IL, 60614

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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