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: | 1965 |
| Lot Size: | 0,19 |
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 | |
| Brick, Concrete, Limestone | |
| Tile | |
| — | |
| Yes | |
| 0.19 |
| Cook | |
| — | |
| 0 / Not Applicable | |
| None | |
| Lake Michigan, Public | |
| Public Sewer | |
| Window/Wall Units - 3+ | |
| Steam, Baseboard | |
| 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
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
Full Bathrooms: 7
Bathroom Amenities: No Tub
Bathroom in Basement: 0
Dimensions: —
Floor Type: Hardwood
Dimensions: —
Floor Type: Hardwood
Dimensions: —
Floor Type: Hardwood
Rooms: Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Foyer, Sitting Room, Storage, Other Room
Other Specifics
| 3 | |
| — | |
| Garage, Space/s | |
| — | |
| — | |
| — | |
| 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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Listing Provided By
Berkshire Hathaway HomeServices Chicago
