Last Updated: 2/25/2017 11:25 AM
Description for 4516 N SHERIDAN Road Chicago, IL 60640
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.
1 Full/4 Half
Public Water Service
Hardwood, Parquet, Vinyl
Steam, Hot Water, Forced Air
Exterior / Lot Features
5 Parking Spaces,
50 X 150
Alley, Curbs & gutters
LAKE SHORE DRIVE EXIT MONTROSE (4400 N) HEAD WEST TO SHERIDAN (1000 W) THEN NORTH TO 4512.
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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