Whoa! Gold Coast Show Place Listed at $3.8 Million

In the hands of the talented owner-designer, this four-story Elm Street renovation deep in Chicago's Gold Coast territory brims with a vibrant, timeless elegance.

Photo by: Prudential Rubloff The nine cathedral windows of this living room look out to the tree-lined Elm Street and from the exterior give the home a wonderful facade. That dazzling golden chandelier was purchased in England especially for this room. To the left is one of the home's three fireplaces. Low, shaded desk lamps create a warm glow against the two cream-colored loveseats and wood tables.

It was formerly a four-unit apartment building when the owners purchased the property in 2005. Now, after investing time and sparkling imagination for a total makeover, the 4-bedroom, 4.5-bath home is glossy-magazine gorgeous. 

There's a tendency for some interior designers to stuff every inch of a space this size – 7,200 square feet – as if overwhelmed working with such a large footprint. But designer Janice Oldach resists this, and offers an intimate, understated modern atmosphere blending her ideas with its great 1920 bones, stately cathedral windows, vaulted ceilings and winding staircase.  For instance, each of the four levels is separated in tone and character with a different flooring treatment, from oak with carved accents in the two-story living room and dining room to wide blank cherry wood used in the über-spacious kitchen. 

The home doesn't announce blaring a bullhorn, but rather a quiet, matter-of-fact sophistication: With four stories, you'd expect an elevator here and you've got one along with a wine cellar, three fireplaces, family rooms, a full finished basement, au pair quarters and a rooftop deck. We knew you'd ask, so, yes, there's an attached two-car garage. (Mental note: This area has a 98/100 walk score for a quick Thai food dash.)

This neighborhood is a thicket for the multimillion-dollar homestead and Teflon prices, with comps on this tree-lined pocket of the Gold Coast topping $4 million, crushing Chicago's $267,500 average. This doll, according to public records, sold in pre-bubble 1998 for $2.3 million and is well within the ZIP code range today, asking $3.8 million. Repped by Gayle Tepper of Prudential Rubloff. 

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