Elegant Greystone With Rooftop Retreat And Rental Income

A beautifully reimagined Gold Coast Greystone, 46 Cedar pairs an exquisite, move-in-ready three-bedroom owner’s residence with a private rooftop deck and two renovated apartments currently generating $11,000 in monthly rental income. Set on a picturesque, tree-lined block just one block from Lake Michigan, this historic Chicago home brings architectural character, exceptional outdoor space, and walkable Gold Coast living together. The owner’s residence spans multiple floors and has been remodeled with refined finishes throughout. Sunlight pours through south-facing bay windows, highlighting 10-foot ceilings, hardwood floors, custom moldings, built-in bookcases, and graceful arched doorways. A striking French pewter fireplace anchors the formal living room, while the gracious dining room, spacious kitchen, and inviting family room create an elegant setting for everyday living and entertaining. A convenient powder room completes the main living level. Two beautiful staircases lead to the bedroom level, where three generously sized bedrooms and an office niche provide comfortable space to unwind and work. The primary bedroom features a third fireplace and generous closet space, along with a newly remodeled bathroom with an oversized shower and sauna. On the third level, a convenient powder room and small kitchenette open to the private rooftop deck—an inviting retreat for dining, gardening, and enjoying city views. The two additional apartments have also been renovated and are currently rented, providing $11,000 per month in rental income. One apartment offers two bedrooms; the other has one bedroom. Each has a separate entrance, in-unit laundry, and its own heating and cooling systems. Outdoor living continues with a paved backyard patio and balconies off the main living levels. Two parking spaces are included. Enjoy the best of Gold Coast Chicago, with Lake Michigan, Mariano Park, celebrated restaurants, boutiques, and high-end shopping close by. A rare opportunity to own a distinctive Chicago Greystone with a substantial owner’s residence, meaningful rental income, and outdoor space at every turn.