4849 South Greenwood AvenueChicago, IL 60615Sale Price: $775,000

An incredible opportunity to invest in the potential of an historic home the Kenwood neighborhood. House requires work - but is gracious, spacious and is priced to move. At the time this home was constructed there were only four houses on the 4800 block of Greenwood Avenue; Kenwood was then a bucolic suburban retreat. The catalysts fostering the growth of the neighborhood (the founding of the University of Chicago and the 1893 World's Columbian Exposition) were years away. For a century and a half this home has stood proudly as the world evolved around it - a new century dawned (twice) and houses by architectural innovators including Frank Lloyd Wright and Burnham & Root rose nearby. A resurgence occurred as the community was landmarked, and a neighbor elected president. And through it all 4849 endured. The ambience of those earlier years remains: a handsome staircase, leaded windows, high ceilings, warming fireplaces and a verdant yard. This welcoming, spacious home offers a layout that can be reconceived for the 21st century, including space for a large kitchen and family room. With six bedrooms, four full and one-half baths, enclosed porches and lovely formal rooms on the main level, this house provides ample space indoors, and out. Hyde Park and Kenwood are vibrant communities - enhanced by the University of Chicago, adjacent to the city's magnificent lakefront and located a mere ten-minute drive from the Loop. This is an amazing opportunity to write the next chapter of this home's enduring legacy. Property is sold AS-IS.