CLOSED: 1516 N LAKE SHORE, Chicago, IL 60610. 10-bedroom 5.2-bath, 1916 Near North Side $5,750,000 begin new search
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Overview

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.

Address 1516 N LAKE SHORE

Chicago, IL 60610
Listing Status Closed
Sold Price $4,250,000
Asking Price $5,750,000
Original Listing $5,750,000 @
Escrow Date 2021-06-21
Closing Date 2021-07-02
Off-Market Date 2021-06-21T05:00:00Z
Days on MLS
Ownership
Property Type Fee Simple
Asssessment $0
HOA Features Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Rooms
Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Foyer, Sitting Room, Storage, Other Room
Square Footage Not Disclosed
Bedrooms 10
Full Bathrooms 5
Half Baths 2
Location
Directions Lake Shore Drive North of Burton Place.
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17031010210000
Property Tax $000 for the year 2019
Features
Year Built 1916
Laundry Location
Elevator Not Listed
Cooling 3+ (Window/Wall Unit)
Heating Steam, Baseboard
Sewer/Septic Public Sewer
Fireplaces Gas Starter (9)
Interior Features Vaulted/Cathedral Ceilings, Elevator, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement
Appliances Range, Refrigerator
Association Fee Frequency Not Applicable
Basement Partial
Direction Faces East
Electric Circuit Breakers, Fuses
High School District 299
Living Area Source Estimated
Lot Features Irregular Lot, Lake Front, Landscaped, Water View
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11117302
Courtesy of Berkshire Hathaway HomeServices Chicago
Exterior
Style Detached Single
Material Breezeway
Lot Size 50 X 170
Fencing Not Listed
Topography Not Listed
Roof Tile
Swimming Pool Not Listed
Parking
Unassigned
Driveway
Total Spaces: 2
Garage Spaces: 3
Non-Garage Spaces: 0 -
View Not Listed