The property at 2145 N Dayton St, in DePaul, closed just a few days after being listed a month ago at a $1,400,000 purchase price.
It just came back on the market as a to-be-built luxury home, indicating that $1.4M was a teardown price for a 33 x 125 lot. Not everyone, it appears, is convinced that the luxury home market is soft, as reported recently by Crain’s.
The new home, built by LG Development Group and designed by Burns + Byerl, is being offered at $4,595,000. It will span 7,000 square feet of living space and include 7 bedrooms, 5 full and 2 half baths, and a 4-car garage.
Koenig & Strey’s Natasha Motev has the listing.