Deal Estate
 

On the Market

Hiding in Plain Sight, in Kenwood

Posted July 29, 2010, at 12:06 p.m.
By Dennis Rodkin

List Price: $1.95 million
The Property: On a Kenwood block of very substantial historic homes is one relative youngster that, on the street side at least, tries to fade from view. Three decades ago, the architect James Nagle designed the house to pick up some of the neighbors’ classic details—a brick façade, a large arch over the door—but made sure that the newcomer didn’t compete for attention. Out back, however, Nagle opened up, combining glass and stucco to create a more boldly modern feeling.

Those two very different faces of the house enclose a crisply modern interior filled with eye-catching curves and natural light. The home has the feel of a beach house, and as it turns out, the couple for whom Nagle designed the house—the University of Chicago law professor Richard Epstein and his wife, Eileen—later tapped the architect to work for them again, on a lakeside house in Michigan.

A serpentine wall cuts through the house. It serves a functional purpose: On both levels it divides the formal rooms from secondary spaces, such as closets and bathrooms. But it does so much more on a visual level, breaking up the flatness of the front façade with a pronounced shimmy.

The central living area in the house is a two-story main room that opens onto the gigantic back yard and has more intimate living and dining spaces on its two flanks; the master bedroom, kitchen, and family room are also on this level. Upstairs, four bedrooms (one with a fireplace) and a large piano-shaped balcony fill out the profile. Because the house is slender, all the rooms except the family room look onto the gorgeous, gigantic back yard.

Gigantic is not an overstatement. The lot is 90 feet wide and 300 deep (standard for the city is 25 by 125); the backyard stretches from a small copse of trees planted near the house out to a vast lawn, bigger than any back yard I’ve seen in the city. Now that their children are grown, the Epsteins are looking to downsize, according to their agent, Amy Gelman.

Price Points: The Epsteins initially listed the house in May for $2.2 million, but a few weeks ago cut the price to the present $1.95 million. A buyer will most likely invest an additional amount in updating the kitchen and three-plus baths, all of which are perfectly usable but retain their original 1980 looks. The kitchen, smallish by today’s standards, has a handy expansion option right next door: a large covered terrace beneath the second-story balcony.

Listing Agent: Amy Gelman of MetroPro Realty, 773-667-1000 or agelman@metroprorealty.com

Comments to this blog are moderated. We review them in an effort to remove foul language, commercial messages, and irrelevancies.

May 26, 2011 07:08 am
 Posted by  Dennis Rodkin

This one has sold, for $1.56 million. By the time of the sale, which closed May 20, the asking price had been cut to $1.595 million. The sale price is 80% of last year's $1.95 million asking price, and 97% of the final asking price.

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About This Blog

Deal Estate: The Blog is the online extension of Chicago magazine’s monthly “Deal Estate” column, which is written by Dennis Rodkin. On the blog, Rodkin—who has been covering the local housing scene for Chicago since 1991—provides timely updates on new homes to hit the market, recent high-end sales, and other residential real-estate news from the city and suburbs.

Got a hot housing tip? Contact Rodkin at dennis@rodkin.com.
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