Grand Boulevard Victorian mansion asks $825K

Here’s a chance to get a magnificent home on a larger corner lot in the historic Grand Boulevard neighborhood on the city’s South Side. While the scale and grandeur of this 7,200-square-foot mansion suggests an equally grand price tag, this one listed over the weekend seeking $825,000.

Unlike a lot of homes that have received full gut rehabs, this seven-bedroom house still has much of its original architectural ornament intact. One of the main highlights here is the stairwell with its beautiful millwork. There are, of course, updates here as well. The kitchen is newer and the bathrooms have been redone. There’s also an entire room dedicated to a Jacuzzi tub, which is placed right in front of a fireplace.

The listing suggests that the house is being used as a “bed and breakfast” (in quotations), so there’s a chance that this one is being marketed on sites like Airbnb or VRBO for extra income. No doubt, this would be a good one for entertaining or hosting for events. According to records, this one was last sold back in 2002 for $355,000.

• 4563 S. Michigan Ave., Chicago, IL 60653 [Dream Town Realty]