1516 Lake Shore Drive, Near North Side, Chicago, Illinois 60610


$4,250,000

Sold
Status: Closed
Sqft: 12,000
Cost/Sqft: $479
Beds: 10
Baths: 7
Year Built: 1916
Property Taxes: $0
Days On Market: 1782
Lot Size: 0,19
Map
Street View

Description

BEST OFFERS REQUESTED BY JUNE 14. This is one of Chicago's most prestigious landmark properties and one of seven mansions remaining on Lake Shore Drive. Classic details and features remain throughout this magnificent property. The mansion and two-story coach house are situated on an approximately 50 X 170 foot-wide lot located within the City's Lakefront Protection District (Private Zone). The property has a current base Zoning District of RM-5 (Residential MultiUnit) and "Near North Historic Area II" as an overlay Zoning District, potentially allowing the existing structure to be internally remodeled for multiple dwelling units or other allowable non-residential uses. The property provides breathtaking and uninterrupted views of Lake Michigan and boasts extraordinary proximity to the Lakefront, Lincoln Park, the Gold Coast, and The Magnificent Mile.

Property Specifics

Single Family
1916
Partial
Yes
0.19
Cook
0 / Not Applicable
None
Lake Michigan,Public
Public Sewer
11117302
17031010210000

Property History

DATE: EVENT: PRICE: SOURCE:
2 Jul, 2021 Sold $4,250,000 MRED MLS
21 Jun, 2021 Under contract $5,750,000 MRED MLS
9 Jun, 2021 Listed for sale $5,750,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Tenth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 7
Partial Bathrooms: 2
Bathroom Amenities: No Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: Bedroom 5,Bedroom 6,Bedroom 7,Bedroom 8,Bedroom 9,Bedroom 10,Foyer,Sitting Room,Storage,Other Room
Basement: Partial
Basement Description: Crawl

Other Specifics

3
Concrete
Breezeway
Irregular Lot,Lake Front,Landscaped,Water View
50 X 170
Half
Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, First Floor Bedroom, In-Law Arrangement
Range, Refrigerator
Not in DB
Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Gas Starter

Tax History

Year Property Taxes

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Contact Agent

Listing Provided By

Berkshire Hathaway HomeServices Chicago