$489,000
$549,000 · just reduced
Chicago, IL 60653
Historic Greystone Mansion Opportunity in the Heart of Bronzeville A blank canvas for your ultimate dream home! Nestled in Chicago's historic and vibrant Bronzeville neighborhood, this massive, all-brick 3-story Greystone mansion stands ready for a stunning architectural rebirth. Representing a rare chance to blend timeless late-19th-century elegance with modern luxury, this property is being sold As-Is, offering a phenomenal opportunity for savvy investors, developers, or ambitious live-in visionaries. Key Property Features & Preservation Highlights:Stately Architecture & Historic Details: Built in 1883, this grand home features a soaring 3-story layout with beautiful architectural bones, including an iconic stone facade, historic front and rear stairwells, and exquisite original stamped wood walls and crown molding.Expansive Floor Plan: A massive 13-room layout with the footprint to easily accommodate 6 to 8 bedrooms and multiple baths.Income or Multi-Generational Potential: Features a ground-level walk-out unit that has been completely gutted and boasts its own dedicated private entrance and exit-perfect for an in-law suite, a high-end guest apartment, or rental income. Architectural Plans Included: Skip a massive step in the planning phase! The owner has already commissioned full architectural plans for the entire home's transformation, which are available to view and utilize for your renovation. Vibrant Bronzeville Neighborhood Amenities: Live or invest in a neighborhood renowned for its rich cultural history, striking architecture, and booming community development. This prime location offers unparalleled access to:Parks & Waterfront: Just minutes from the sprawling lakefront, Margaret Burroughs Beach (31st Street Beach), and the historic Burnham Park-perfect for running, cycling, or enjoying Lake Michigan. Dining & Culture: Walk to a thriving local culinary scene featuring celebrated neighborhood favorites like Pearl's Place, Peach's on 47th, and Bronzeville Winery, alongside boutique coffee shops, local art galleries, and the historic Monument to the Great Northern Migration.Elite Education & Innovation: Situated near the Illinois Institute of Technology (IIT) campus and down the street from the exciting new Bronzeville Lakefront development, promising massive future economic growth. Commuter's Dream: Commuting is effortless! Located just east of the Dan Ryan Expressway (I-94) and steps from the CTA Green and Red Line stations, as well as multiple Metra stops for a lightning-fast trip into the Loop.Opportunities to restore a majestic piece of Chicago history like this do not come along often. Bring your contractor and your vision-schedule your private tour today!
Estimated monthly cost for this home
$3,349/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.65%, 2026-08-20). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Current price | $489,000▼ $60,000 from original |
| Listed Jun 9, 2026 | $549,000 |
| 2024 property taxes | $8,344/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Compass, listed by Michael Giliano.
Information last updated Aug 12, 2026, 5:06 AM.
3633 GILES Avenue
Chicago, IL 60653

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.