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After Two-Year Renovation, Lincoln Park SFH Debuts at $2.97M

It's nice to see a stately old house get the kind of care it deserves. Here, at 2015 N. Racine in Lincoln Park, Melrose Partners, with help from Fox Properties & Development, took an 1885 home, stripped it down to the studs, gave it a complete gut-rehab, and returned it to the market. According to a source with Coldwell Banker, the home was actually in decent condition before the most recent rehab, as it had already been the beneficiary of two prior renovations, but it was nothing compared to what you see now. In the latest rehab, the basement was dug out and expanded; thick mahogany doors and walnut floors were added; and high-end kitchen appliances and bathroom fixtures were installed. The back yard was converted to a basketball court that's surrounded by a brick wall, and there's a surveillance system with a view of the court, we're told. The roof has been finished with a limestone deck, and a spiral staircase connects it to the basketball court. The home, with an attached 2.5-car garage, is priced at $2,975,000. Jenny Ames has the listing.
· Listing: 2015 N. Racine Ave. [Coldwell Banker]