CLOSED: 1508 N STATE, Chicago, IL 60610. 12-bedroom 10.5-bath, 1896 Near North Side $2,999,000 begin new search
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Overview

Double lot, 50x132, RM5 zoned, orange rated, majestic Georgian-style house built for Frederick Winston in 1896. The house includes both an owner occupied apartment plus 5 additional units for income stream. Rental income is derived from a 2-bedroom coach house, a 3-bedroom penthouse and two additional 2-bedroom apartments. The property has 35 rooms, 14 bedrooms, 10 fireplaces, 10 baths, 3 decks and brick patio plus attached garage. The coach house, currently rented, was once a ballroom accessible from the dining room of the main house. There are 2 private decks and one shared deck, a small garden, plus an attached garage on the 1st floor. Most likely use is redevelopment to high end condominiums / apartments / single family. Most buyers will see this as a gut rehab. Property needs updating, currently steam heat, window air conditioning. As-is and cash only

Address 1508 N STATE

Chicago, IL 60610
Listing Status Closed
Sold Price $2,350,000
Asking Price $2,999,000
Original Listing $2,999,000 @
Escrow Date 2021-10-06
Closing Date 2021-12-02
Off-Market Date 2021-10-06T05:00:00Z
Days on MLS
Ownership
Property Type Fee Simple
Asssessment $0
HOA Features Curbs, Gated, Sidewalks, Street Lights
Rooms
Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Bedroom 11, Bedroom 12, Deck, Great Room
Square Footage Not Disclosed
Bedrooms 12
Full Bathrooms 10
Half Baths 1
Location
Directions Second home North of Burton on West side of street.
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17042100240000
Property Tax $65,627 for the year 2019
Features
Year Built 1896
Laundry Location
Elevator Not Listed
Cooling Central Air, Partial
Heating Natural Gas, Forced Air
Sewer/Septic Public Sewer
Fireplaces Wood Burning (9)
Interior Features Skylight(s), Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath
Additional Parcels No
Appliances Microwave, Dishwasher, High End Refrigerator, Washer, Dryer
Association Fee Frequency Not Applicable
Basement Full
Foundation Details Brick/Mortar, Stone
High School District 299
Living Area Source Landlord/Tenant/Seller
Lot Features Fenced Yard, Pond(s), Wooded
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11212200
Courtesy of @properties
Exterior
Style Detached Single
Material Deck,Patio,Roof Deck,Brick Paver Patio
Lot Size 132X50
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Total Spaces:
Garage Spaces: 1
Non-Garage Spaces: 0 -
View Not Listed