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551 W Grant Pl
Pending
Single Family
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$4,300,000

$683/sqft

551 W Grant Pl, Chicago

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7 bd·7 ba·6,300 sqft
Built 2025North Side

551 W Grant Pl, Chicago, IL

7 bd · 7 ba · 6,300 sqft Single Family listed at $4,300,000, built in 2025 in the North Side neighborhood.

About this home

**ONLY ONE HOME REMAINING**Presenting the Residences at Grant Place. Extra wide new construction single family homes coming to premier east Lincoln Park location. Truly rare offering with expansive footprint, 6300 SF of interior space, bespoke design & unsurpassed combination of luxury, size & locale. Built by the acclaimed Merrion Development Group in collaboration with award-winning interior designer JenMarie Design, each home features four levels above grade, elevator & attached subterranean garage with parking for up to 5 cars. Soaring ceiling height on all floors and notable outdoor space with a 27' wide private backyard, large roof deck and direct access to the 1/2 acre private park in Webster Square. Floor plans include 6+ BD's, 5.2 BA's, multiple living spaces, a mammoth half floor primary suite, three laundry setups & suitable space for exercise room, golf simulator, study, etc. Featuring a 95 walk score and located in the absolute heart of Lincoln Park, it's an easy walk to the Lake Michigan, Oz Park, Lincoln Park Zoo, Francis Parker, Latin school & Lincoln Elementary, the Nature Boardwalk & the 15 ace North Pond, Peggy Notebaert Museum, Equinox, Studio Three & every imaginable restaurant and shop in the neighborhood. Anticipated Fall delivery with options for customization available. Show with confidence!

Property details

Price
$4,300,000
Bedrooms
7
Bathrooms
7
Interior
6,300 sqft
Price / sqft
$683
Year built
2025
Type
Single Family
Days on market
177
Est. property tax
$89,440/yr · $7,453/mo · 2.08% IL avg
HOA
$542/mo
Last sold
$1,220,000 · Sep 2024

Estimated monthly payment

Down payment20% ($860,000)
Interest rate6.75%
Principal & Interest$22,312
Property Tax$3,942
Insurance$150
Total$26,403/mo

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Price history

$14.91M$7.44M$-25K$13.67M on Nov 06 (Sold)$1.60M on Jul 16 (Initial list)$1.60M on Jul 17 (Price change)$1.55M on Aug 17 (Initial list)$1.55M on Aug 18 (Price change)$1.55M on Dec 18 (Price change)$1.55M on Mar 22 (Price change)$12.30M on Dec 22 (Sold)$1.38M on Aug 24 (Initial list)$1.22M on Sep 24 (Sold)$4.30M on Oct 25 (Initial list)
$13.67M · Nov 06$4.30M · Oct 25
  1. Oct 30, 2025$4,300,000Initial list price
  2. Sep 4, 2024$1,220,000Sold
  3. Aug 29, 2024$1,375,000Initial list price
  4. Dec 14, 2022$12,300,000Sold
  5. Mar 29, 2022$1,550,000Price change
  6. Dec 17, 2018$1,550,000Price change
  7. Aug 16, 2018$1,550,000Price change
  8. Aug 18, 2017$1,550,000Initial list price
  9. Jul 12, 2017$1,600,000Price change
  10. Jul 11, 2016$1,600,000Initial list price
  11. Nov 2, 2006$13,666,667Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60614)

This neighborhood skews young (median age 31.0) and is highly educated (46% hold a bachelor's degree). 45% of homes are owner-occupied; median household income is $135,364.

Median income
$135,364
Median age
31.0
Owner-occupied
45.2%
Bachelor's degree
45.7%
Census median home value
$730,300

Source: US Census Bureau American Community Survey 5-year estimates.

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