79 E Cedar St
Gold Coast, Chicago, IL · 90 days on market · View on Zillow
$6.9M somewhere else buys…
Same budget, different city — the whole point of this site
4 bedrooms · 9 baths · 7,523 sqft · 1,872 sqft lot
Built 1884 · 2 Attached Garage spaces · $917/sqft (city median $240)
Welcome to 79 East Cedar Street. This is a rare opportunity to acquire a home of significant scale and presence in the Gold Coast-one of Chicago's most vibrant and historic neighborhoods. In 1884 Bertha Palmer commissioned architect Joseph Lyman Silsbee of Silsbee and Kent to create a neo-Moorish masterpiece design to transcend the ordinary.
What this place offers
- Heating: Natural Gas, Electric
- Cooling: Central Air, Zoned, Gas
- 2 Attached Garage spaces
- Garage
- Top school rating 7/10 nearby
The numbers
$137K/yr
Property tax (actual rate)
$25K/yr
Insurance (quoted)
Price history
Up 567% since 1996
$6,900,000
You'd need about $2,058,875/yr in household income (28% rule) plus $1,380,000 in cash.
Would rent for ~$34,500/mo · 6.0% gross yield
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