4516 N Sheridan Rd., Chicago, IL 60640

4516 N Sheridan Rd., Chicago, IL 60640
Photo 1 of 4
$600,000
Sold on 10/17/16
Beds Baths Sq. Ft. Taxes Built
11 1.40 3,850 0 1905
On the market: 203 days
View full details, 15 photos, school info, and price history
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 Peter Tortorello, Berkshire Hathaway HomeServices KoenigRubloff