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Off Market

1540 North Dearborn Parkway

Chicago IL 60610

4
9
2
7600 sq. ft.
Single-Family
Last sold for $5,100,000
Brad LippitzBrad Lippitz, last sold this property on 12 January 2026 after 795 days on market.

Overview

Meticulously renovated with no expense spared, this magnificent 5-story freestanding Greystone on an oversized lot on one of the Gold Coast's most coveted blocks couples the grandeur of its original design with the functionality of modern living, creating a timeless masterpiece to enjoy for years to come. Centered around a breathtaking architectural staircase naturally lit from above by a showstopping glass and onyx dome, the 7600-square foot freestanding home is filled with an abundance of original beautifully-preserved details and an exciting array of new millwork, stones, wood, and glass. A grand double foyer leads to a living room, formal dining room, commercial chef's kitchen, family room with built-ins, and a glorious one-of-a-kind solarium which opens to outdoor terraces. The primary suite comprises the entire second level, with a sunlit sitting room with windows on all sides; dual bathrooms featuring bookmatched marble slabs, heated floors, and the finest fixtures; a glamorous walk-in designer closet with center valet, custom cabinets, additional washer/dryer, refrigerator; and a fabulous library w/fireplace and additional full bath. The third floor has 2 additional bedrooms suites and a huge family/game room w/kitchenette+bathroom. Landscaped and irrigated roof terraces off the dome presents the most romantic vistas of the Gold Coast and Downtown. Ideal for live-in, in-law suite, or guest quarters w/its own commercial kitchen, bath, and bedroom, the lower level adds flexibility and dimension to this amazing package. Ideally situated next to Latin School and just steps to the park and lake, this residence has a two car garage, dog wash station, 3 laundry stations, snow melt system encompassing the entire front and back walkways, and Savant home automation system. A spectacular offering!

Features

4 bedrooms
9 bathrooms
2 carspaces
2 garage spaces
7600 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Chicago over the last 12 months, the estimated median property value of 1540 North Dearborn Parkway is $1.36m.

Median value
$1.36m
Estimated value range
$980k - $5.1m
Median days on market
61
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1540 North Dearborn Parkway

2026
Sold
$5,100,000
12 Jan 2026 by Brad Lippitz, of Compass

Happy sellers in Chicago

<50%
Less than 50% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chicago over the last 12 months.

Local market activity for 4 bedroom single-family properties in Chicago

In the last 12 months, 10 four-bedroom single-family properties similar to 1540 North Dearborn Parkway, have been sold.

This represents a 16% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chicago

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Jeremy Butterfield

Jeremy Butterfield is a recommended agent for Chicago.  They have 5 local sales and collected 2 local reviews across the last 12 months.

  •   5   (15 reviews)
  •  2 Reviews in Chicago
  •  5 Sales in Chicago
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Lisa Reznick

Lisa Reznick is a recommended agent for Chicago.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Chicago
  •  6 Sales in Chicago
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Sophia Worden

Sophia Worden is a recommended agent for Chicago.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Chicago
  •  1 Sale in Chicago
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Elliot Jaffe

Sellers who recommend Elliot Jaffe have praised them for being local expert, reliable, supportive, responsive, dedicated, detail-oriented, and attentive

  •   5   (37 reviews)
  •  1 Review in Chicago
  •  1 Sale in Chicago
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