The $2 Million 6-Bedroom Bank Owned Greystone: 1111 N. Hoyne in the Ukranian Village

This 6-bedroom well-known greystone at 1111 N. Hoyne in the “real” Ukranian Village in the West Town neighborhood recently came on the market.

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Many of you wrote me requesting discussion about it due to its unusual interior, the size of the property, its location and that it was now bank owned.

The greystone was originally built in 1905, but none of its interior vintage features remain.

The house now spans 3 lots measuring 75×105 and that includes a 5-car heated garage.

It also has 2-story ceilings in some parts of the house and a contemporary interior including glass block framing the staircase.

At 9700 square feet, 5 out of the 6 bedrooms are on the second level with the 6th in the lower level.

It also has a lower level great room and exercise room.

If you’re looking for an in-law suite, it has that too.

And, interestingly, the listing says it has 6 furnaces.

Yes, it also has central air.

There are no pictures of the kitchen (though you can maybe see it through a doorway in one of the pictures.) So we don’t know if it is intact.

The listing says “drama throughout.”

The house was last purchased in 1993 when the Ukranian Village was a much different place than today.

Any thoughts on what a triple lot “as-is” 1905 greystone, but with contemporary alterations, will sell for in 2011?

(You’ll also notice it took the bank 11 months to put the property on the market once it took possession.)

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Suzanne Gignilliat at Coldwell Banker has the listing. See the pictures here.

1111 N. Hoyne: 6 bedrooms, 6 baths, 3 half baths, 9700 square feet, 5 car garage

  • Sold in February 1993 for $228,000
  • Lis pendens filed in October 2008
  • Bank owned in June 2010
  • Currently listed for $1.975 million
  • Taxes of $20,264
  • Central Air
  • 6 Furnaces
  • Full in-law apartment
  • Bedroom #1: 31×24 (second floor)
  • Bedroom #2: 14×14 (second floor)
  • Bedroom #3: 10×11 (second floor)
  • Bedroom #4: 14×10 (second floor)
  • Bedroom #5: 15×11 (second floor)
  • Bedroom #6: 11×8 (lower level)
  • Great room: 19×20 (lower level)
  • Exercise room: 22×19 (lower level)

58 Responses to “The $2 Million 6-Bedroom Bank Owned Greystone: 1111 N. Hoyne in the Ukranian Village”

  1. Indeed the interior is unusual but not in a good way : )

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  2. Bad things were done with this house

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  3. OMG.It’s frightening.

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  4. This place needs to be gutted again… I’d love to hear the story behind the foreclosure.

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  5. wow, is this place a trip. Complete and total gut.

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  6. The interior of this house needs to be preserved for all eternity.
    We must show the future what the tasteless zombie gentrifiers of the near west side look like, what there habits are,
    so this can NEVER happen again.

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  7. abigbeatdownfool on May 16th, 2011 at 10:21 am

    A crime against humanity

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  8. Wait. What?

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  9. picture the dumpster full of 200 year old mahogany
    so junior could have the construction zone bed.

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  10. Highest and best use: swinger club.

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  11. @Russ,no posting on CC until you answer some of the comments on your blog 😉

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  12. 800 K–LOL

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  13. I don’t know how you could make this place attractive keeping it as a single family home. If there was a way to split up the lots or condo this place, maybe you could salvage it? I don’t get it, this place is a mess.

    For $2mil it would have to be attractive. This should sell for $1.3mil as-is and partially gutted and resold for the $2mil they want.

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  14. tubs and crocket would be proud

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  15. Desperate need for a floorplan.

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  16. “I don’t know how you could make this place attractive ”

    a wrecking ball and a couple of bulldozers might be a good start

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  17. Where’s my Don Johnson pastel Miami Vice jacket?

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  18. This could have been a really cool house, but man they totally fucked up this place with all sorts of awful crap from the early 90’s

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  19. I think a couple of halogen floor lamps and a Nagel print would will class up this place nicely.

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  20. formerroscoevillager on May 16th, 2011 at 11:15 am

    I think you might be able to salvage this by maaking the kitchen into a replica of The Max from “Saved By the Bell” it’s half way there as it is…

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  21. Clearly this was someone with a lot of ideas and cash for a contractor, but with not enough sense to hire an architect or interiors person. So sad.

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  22. “Clearly this was someone with a lot of ideas and cash for a contractor, but with not enough sense to hire an architect or interiors person. So sad.”

    Apparently not enough cash though; it’s bank-owned now…

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  23. This is what I call when eccentric people discover that few share their tastes and they learn a lesson on resale value.

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  24. what a waste of 3 lots, good grief.

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  25. Forget the tasteless interior. Who needs this much space at this location? Or any location, for that matter.

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  26. “what a waste of 3 lots, good grief.”

    It is only 105′ deep. Only 2.5 standard lots.

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  27. Would love the backstory on this place.

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  28. “Would love the backstory on this place.”

    Richy Shroder from Silver Spoons bought it then as he grew up he realized how god awful the rehab is to anyone over the age of 16?

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  29. Bravo, that nailed it, I knew I recognized the interior…

    “Richy Shroder from Silver Spoons bought it then as he grew up he realized how god awful the rehab is to anyone over the age of 16?”

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  30. “Would love the backstory on this place.”

    Empty vessel of a human being (Most likely a trader but possibly an attorney) watched MTVs The Real World Wicker Park, Decided that He too could be edgy and hip by purchasing these qualities.
    This same tragic shell of a human being then married an ex Lincoln park trixie turned wanna be artster wicker parker. while they were both shopping at Pagoda Red. These two lost souls married in a ceremony complete with the obligatory photo of wedding party standing in the middle of the street at Michigan ave and the river.
    After spawning a miniature version of there combined DNA, Husband stops sleeping with now ugly, miserable wife, cheats with 23 year old barmaid, gets caught, get his ass sued for everything he has by wife in divorce after bottom falls out at the exchange.

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  31. What are lots worth on Hoyne over here? 400k? 1 mil for the land and 500k for the Greystone….

    I’m 1.5 mil bid.

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  32. So what is this neighborhood like? Is it nice? Up and coming? Schools and so on?

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  33. “Empty vessel of a human being (Most likely a trader but possibly an attorney) watched MTVs The Real World Wicker Park, Decided that He too could be edgy and hip by purchasing these qualities.”

    Nice, but doesn’t fit with names on deeds and mortgages.

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  34. Have you guys ever been to Europe, South America or the Middle East/Asia? What is considered beautiful and stylish is very different from what we consider nice. I bet you could “fool” some foreign investor into thinking this was really cool – however, the biggest mistake this person made was the location – foreigners are NOT fooled by location.

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  35. the one thing this has going for it is that it’s on one of the most beautiful blocks in the city

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  36. I checked redfin and it seems the nearby properties are all above 2mil mark so after all this might be a good deal for someone who has tones of money and can rehab it. The landscape looks quite beautiful and exterior is nice too.

    “I’m 1.5 mil bid.”

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  37. I used to live across the street from this house. Lots of Christian rock, parties with a butler stationed at the door, and yelling at the kid. The owner drove a yellow Hummer, too.

    That gigantic wall of glass blocks always convinced me that they were running a coke ring, very Miami Vice.

    Lots of land and a big yard, but it’s going to be hella expensive making this place look not stupid.

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  38. Is this a Nate Berkus design or did a bunch of 8th grade kids try their hand at design?

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  39. I hear the 90’s are making a come back..

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  40. perfect to film pee wee’s playhouse!

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  41. Clio your opinion of ‘foreigners’ and their taste level sounds eerily like the usual stereotype the rest of the world gives to Americans.

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  42. This place is hideous. I have a hard time believing anyone is going to pay anywhere near $2m for this, in fact the agent will probably have more luck listing it as a ‘needs rehab’ with no interior photos than leaving the current ones up.

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  43. Eastern European pick-up truck contractor/developer/flipper alert! I suspect this was dacha of said “cdf”, it reminds me of the awful McMansions constructed on teardown sites in Lincolnwood and Skokie and Park Ridge during the housing boom.

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  44. Someone please explain to me wtf is going on with the ceiling in picture 9?!?!

    Btw, Sabrina, your outside pics are so much nicer than the listing’s!

    It makes me sad what they did to this house.

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  45. Also please explain what is going on with the floor in the same picture to me : )

    “Someone please explain to me wtf is going on with the ceiling in picture 9?!?!”

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  46. Was owned by a property developer (drove a Bentley, had some style) – appears to have gotten into financial trouble on some sizable developments. This was a “cool” place 15 years ago. A lot of space, certainly has potential, and would not take mega-bucks to update it but the bank is still dreaming. From CCRD, there was a mortgage of over 5 mil on the place. Wouldn’t surprise me if the owner had just handed it back to the the bank…

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  47. The owner was a developer that got himself into trouble on a very large commercial project in the burbs. He was not a Johnny come lately to UKV, but someone who had been in the neighborhood for a long time. I was in the house and although not my style, it actually looked very nice with his furnishings. It’s a shame that he got stuck, because he did a lot of nice projects for rental in Humboldt &Wicker Parks.

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  48. Pardon my French, but holy shit.

    This is the standard bearer for what I call a “Beetlejuice House.” Absolutely HIDEOUS and so so so timely. This hot mess has nothing on my adorable Bosworth house (now off market since it’s so unloved) and has been deconstructed into timely FUG FUG FUG.

    From this point on, every time I see someone gushing over the latest modern/minimalist trends, I will deffo point them to this disgusting listing.

    I’ll never get over that horrid floor in Pic #9. NEVER.

    The earlier comment about the dumpsters full of old mahogany was apt.

    I demand the Vatican intervene and denounce this as a mortal sin.

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  49. it’s worth $1.1M… that’s it… who ever gave the broker price opinion to the bank is not bounded in reality. Is that how they get bank business?

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  50. Boiztwn: Aren’t you talking about 3531 N. Bosworth that we chattered about last January? (as your favorite house on Bosworth.)

    It’s back on the market again and slightly reduced.

    http://www.redfin.com/IL/Chicago/3531-N-Bosworth-Ave-60657/home/13383470

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  51. http://www.chicagojournal.com/News/05-11-2011/A_new_affordable_housing_plan_for_Chicago

    “The newly passed ordinance lets someone who has not owned a home in the last three years and makes no more than 100 percent of the metro area median family income ($75,000 in 2010) use TIF money to buy and rehabilitate a foreclosed property. The property must be in one of the city’s 166 TIF districts and it has to require at least $25,000 worth of repairs.”

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  52. “Sabrina on May 16th, 2011 at 10:18 pm
    Boiztwn: Aren’t you talking about 3531 N. Bosworth that we chattered about last January? (as your favorite house on Bosworth.)”

    Yeah! That’s the one. I hadn’t looked for it in a while so I didn’t know it was back on-market.

    **swoons at the photos**

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  53. “Eastern European pick-up truck contractor/developer/flipper alert!”

    As Howie and Johnny (and I) noted, wrong-o, boy-o.

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  54. Did Newt Gingrich shoot a giraffe and cover the bathroom floor with the skins?

    (In 1994 Gingrich explained why women should not be allowed in combat: men are programmed genetically to hunt giraffes while women will suffer “infections” if they stay too long in the trenches.)

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  55. Suzanne Gignilliat deserves Realtor of the Year if she can find a sucker (scratch) buyer to pay upwards of two million for this!

    Horrible.

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  56. Taxes are low…

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  57. 1.5 due to the lot size and the sq footage.

    I don’t think it would take more than 200K to get it back in shape out of the early 90’s.

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  58. holy smokes. I live a few doors down and was open minded when viewing this place given previous chatter. the huge, metal Jesus fish inlaid above the oven backsplash vs the aquarium-turned-staged crucifixion scene in the living room … not sure which was more offensive to the eye. this place needs about 500K to renovate the inside. the entire outside (save the front face) is constructed of drivet, which I believe has been outlawed nowadays to use for outdoor structure due to it being prone to leaking/moisture problems. this place is a headache and a half design-wise, it’s all so very custom to the former owner’s bizarre and religious aesthetic. the broker showing it claims the former resident was in as deep as 11M on the home, and now they are hoping to get back the land value.

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