4516 N Sheridan Rd.

4516 N Sheridan Rd., Chicago, IL 60640

Sold for $600,000 on 10/17/16


Beds Baths Built Sq.Ft. Garage Taxes On Market
11 1.4 1905 3,850 ft2 0 $0 2952 days

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.

Listing courtesy of Berkshire Hathaway HomeServices KoenigRubloff


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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