40 East Burton Place represents one of the last remaining architectural treasures of this bygone era. Never before offered on the market, the classic 11 bedroom, 6.3 bath 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 ( appx 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 appx 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.
|--||New Value: $4,500,000|
|8/7/2020 8:53:00 AM||New Value: $4,500,000|