245 Emerson St

Wash Park luxury with exceptional flexibility! Adjacent 243 s Emerson is sold! Just four blocks from Washington Park, this south-side 2026 new-construction residence offers nearly 4,000 sq. ft. with 5 bedrooms, 4.5 baths, a private main-floor study or dining room, set on a 3,550 sq. ft. lot, extra-height 2-car garage + one parking pad. A private lower-level suite provides flexible living or may be rental potential—all within walking distance of Wash Park. Designed to live like a luxury single-family home, the main level features 9.5' ceilings, a wide great room with architectural fireplace, and a chef’s kitchen with a 9.5' quartz island, pot filler, professional range, paneled appliances, cabinetry, and designer tile. Wide-plank hardwood flooring completes the level. The primary suite offers a balcony, custom built-in dressing closet, and 5-piece bath. The top-floor bedroom captures panoramic views, while the loft with wet bar opens to a large rooftop deck with vistas. Other features include 2 HVAC systems, 2 laundry areas, smart-home technology, built-in speakers, security cameras, iPad control, and enhanced insulation. The lower level features 10' ceilings, a wet bar with dining area, fireplace, spacious family/theater room, built-in speakers for 7.1 surround sound, and setup for a 135-inch projector screen on the TV wall. An ensuite bedroom includes a wardrobe, dedicated laundry, dishwasher, mini refrigerator, and private exterior entrance. *** ADDED INCOME POTENTIAL: For buyers seeking financial flexibility, the private lower level may provide an income opportunity without compromising the luxury or privacy of the main residence. Airbnb estimates indicate potential rates of up to $350 per night for the lower level or $1,000 per night for the upper residence while living downstairs—offering the possibility of six-figure gross income depending on use and occupancy.***. | Buyer to Verify All Details (including short term rental regulations)