4516 N SHERIDAN Road, Chicago, IL 60640 | MLS 09177343 | Listing Information | Real Living City Residential | Real Living Real Estate
Real Living City Residential
773-975-2000

4516 N SHERIDAN Road,  Chicago IL, 60640

11 beds , 1 Full/4 Half baths
3,850 sqft
Status: Sold
MLS#: 09177343
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Listing Provided Courtesy Of: Berkshire Hathaway HomeServices KoenigRubloff
Last Updated: 12/3/2016 8:29 AM
Description for 4516 N SHERIDAN Road Chicago, IL 60640
ATTENTION DEVELOPERS, UNIVERSITIES & COLLEGES, CONSULATES, COMMUNITY ORGANIZATIONS! AMAZING OPPORTUNITY TO OWN AN HISTORIC MANSION WITH MANY VINTAGE DETAILS INTACT. COULD BE PERFECT FOR STUDENT OR ELDERLY HOUSING, SRO, B&B. OR COVERT BUILDING TO CONDOS. HUGE 50 X 150 LOT ZONED RT-4 ALLOWS UP TO 7 DWELLING UNITS AND 9000 FAR. STEPS FROM EL, NEW TARGET, LAKEFRONT. 5 PARKING SPACES AT REAR. POSSIBLE OPPORTUNITIES TO PUT THE HOME ON HISTORIC REGISTRY AND RECEIVE TAX CREDITS AND FREEZE REAL ESTATE TAXES. CURRENTLY PROPERTY IS BEING USED AS THE ST. AUGUSTINE CENTER FOR AMERICAN INDIANS. IT IS NON-PROFIT SO THERE ARE NO TAXES. PRIOR WAS USED AS STUDENT HOUSING. ORIGINALLY BUILT BY A DOCTOR. MOST OF THE AMAZING VICTORIAN DETAILS ARE STILL IN PLACE, AND COULD BE RESTORED INCLUDING GRAND STAIRCASE, STAINED GLASS WINDOWS, CAST CROWN MOLDINGS, DOORS, FIREPLACES, ETC.****DEVELOPERS - UPTOWN HAS THE SECOND HIGHEST INVESTMENTS IN THE CITY. ALDERMAN VERY HELPFUL.
Price
Sold Price:
$600,000
Sold Date:10/17/2016
Cook
11
1 Full/4 Half
3,850 (approx)
09177343
Sold
Description
ATTENTION DEVELOPERS, UNIVERSITIES & COLLEGES, CONSULATES, COMMUNITY ORGANIZATIONS! AMAZING OPPORTUNITY TO OWN AN HISTORIC MANSION WITH MANY VINTAGE DETAILS INTACT. COULD BE PERFECT FOR STUDENT OR ELDERLY HOUSING, SRO, B&B. OR COVERT BUILDING TO CONDOS. HUGE 50 X 150 LOT ZONED RT-4 ALLOWS UP TO 7 DWELLING UNITS AND 9000 FAR. STEPS FROM EL, NEW TARGET, LAKEFRONT. 5 PARKING SPACES AT REAR. POSSIBLE OPPORTUNITIES TO PUT THE HOME ON HISTORIC REGISTRY AND RECEIVE TAX CREDITS AND FREEZE REAL ESTATE TAXES. CURRENTLY PROPERTY IS BEING USED AS THE ST. AUGUSTINE CENTER FOR AMERICAN INDIANS. IT IS NON-PROFIT SO THERE ARE NO TAXES. PRIOR WAS USED AS STUDENT HOUSING. ORIGINALLY BUILT BY A DOCTOR. MOST OF THE AMAZING VICTORIAN DETAILS ARE STILL IN PLACE, AND COULD BE RESTORED INCLUDING GRAND STAIRCASE, STAINED GLASS WINDOWS, CAST CROWN MOLDINGS, DOORS, FIREPLACES, ETC.****DEVELOPERS - UPTOWN HAS THE SECOND HIGHEST INVESTMENTS IN THE CITY. ALDERMAN VERY HELPFUL.
Agent Remarks
Attention developers, universities and colleges, consulates, community organizations! Amazing opportunity to own an historic mansion with many vintage details intact. Could be perfect for student or elderly housing, SRO, B & B, or raise existing structure and build new condo building. Huge 50 x 150 foot lot zoned rt-4 allows up to 7 dwelling units and 9000 far. Steps from El, new Target and lakefront. 5 parking spaces at rear. Possible opportunities to put the home on historic registry and receive tax credits and freeze real estate taxes. Currently property is being used as the St Augustine Center for American Indians. Prior was used as student housing. Originally built by a doctor. Most of the amazing Victorian details are still in place, and could be restored including grand staircase, stained glass windows, cast crown moldings, doors, fireplaces, etc. Developers - uptown has the 2nd highest investments in the city. Alderman very helpful.
Listing Information
Property Type: Single Family, 3 Story
11 1 Full/4 Half
14 3,850 (approx) 1905
3 Brick Exterior, Stone
LAKE VIEW//
Stone
Public Water Service
Public Sewer
Neighborhood
School Information
STEWART ELEMENTARY SCHOOL STEWART ELEMENTARY SCHOOL SENN HIGH SCHOOL
Room Information
Main Floor
19X13
13X11
31X14
Upper Floor
18X13
14X10
14X13
13X10
14X12
24X17
15X12
Bathrooms
1 4
Interior Features
Range-Oven, Refrigerator
Hardwood, Parquet, Vinyl
None
Steam, Hot Water, Forced Air
Full
2, Wood-burning
Exterior / Lot Features
5 Parking Spaces
Brick, Stone
50 X 150
Fenced Yard
Alley, Curbs & gutters
Driving Directions
LAKE SHORE DRIVE EXIT MONTROSE (4400 N) HEAD WEST TO SHERIDAN (1000 W) THEN NORTH TO 4512.
Financial Considerations
14172190110000
2014
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60640 has a population of 2,702,471.

The median household income in Chicago, Illinois 60640 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60640 is 33.1 years.

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Courtesy: Berkshire Hathaway HomeServices KoenigRubloff
Information is deemed reliable but is not guaranteed.

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