22,000 Square Foot Single Family Home Back on The Market in Wicker Park

Updated October 16, 2013 

If you're in the market for a great location and lots of space, this 22,000 orphanage turned single family home is back on the market. This huge beautiful space was under contract for a month before coming back on to the market at the end of September. So if you're looking for a home with 20,000 + square feet in Wicker Park, this just could be your place.

Published September 13, 2013

If you've ever walked down Wood Street just north of Division, you may have noticed 2 cannons sitting outside of the property at 1239 N. Wood Street. This property is located right on the corner of Potomac and Wood Street and sits on 6 Chicago lots.

Built in 1903, this 22,000 square foot beautiful brick and limestone structure was an orphanage and at the very top of the building you'll see: Memorial Home engraved in limesone. It was later sold to the Polish Army Veteran's Association and then sold to the current owner in 1987 for $172,500. They converted this property to a luxury single family home with an incredible amount of square footage.

The annual property taxes are $35,000+ ... reduced from a hefty $48,000 per year. And the following description was included on the MLS Listing: 

On 3 lots sits a private garden oasis with pond, stream terrace, walking paths & custom lighting. With over 22rms, 5.1 Bths, 1st floor features 2 apartments, huge gallery and 2 work studios. 2nd floor has a mahogany library, bar, offices and 2 studios. 3rd floor features Master bedroom, bath, living room, kitchen combo and massive 58 x56 ballroom. 

Mahogany Library-photo courtesy of chicago.urbanturf.com

 
After initially being listed by Koenig & Strey in 2009 for $4,150,000 this property was re-listed by Koenig & Strey in 2013 at a price of $3,500,000. This historic Wicker Park site is currently under contract pending its closing. 

Master Bedroom - Photo courtesy of chicago.urbanturf.com

It will be interesting to see what the future holds for this historic, unique and beautiful building.

Published September 13, 2013 by Wicker Park, Bucktown Real Estate Broker & Contributor Thyra DeCicco. @properties. 1875 N. Damen Avenue. Bucktown 773-432-0200.