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1508 N State Parkway

Chicago, Illinois 60610


D. Waveland Kendt
312.330.3321

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$2,999,000



Property Type
Multi-Family
Community Area
Near North Side


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, sold absolutely as-is.



Full Features
Exterior Type: Brick,Stone
Basement: Exterior Access
Pool: No
Water Front: No
Square Feet: N/A
Tax Amount: $65,627
Tax Year: 2019
Built: 1891
Parking Spaces: 1
Cooling System: Window Unit(s)
Stories: 3
Potential Use: Condominium, Multi-Family, Single Family, Other
Zoning: MULTI
Current Net Income: $128,465
Unit 1: 10 room(s) / 3 bed(s) / 0 bath(s)
Unit 2: 6 room(s) / 3 bed(s) / 0 bath(s)
Unit 3: 5 room(s) / 2 bed(s) / 0 bath(s)
Unit 4: 4 room(s) / 2 bed(s) / 0 bath(s)
Unit 5: 3 room(s) / 1 bed(s) / 0 bath(s)
School District(s): City Of Chicago SD 299


Taxes & Assessments
Taxes: $65,627

Listing information updated today (9/16/2021)


Near North Side photo


Near North Side

Neighborhoods: Gold Coast, River North, Streeterville, Cabrini Green, Goose Island, Magnificent Mile

The Near North Side is one of only four areas that make up downtown Chicago. With Lake Michigan to the east and the Chicago River bordering it to the south and west, the Near North Side is one of theā€¦

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Nearby Public Transportation

CTA Rail

at Clark/Division (0.42 miles away), Sedgewick

Metra
Metra Electric Main Branch, South Shore, Milwaukee District West, Union Pacific West, Union Pacific North, Union Pacific Northwest, Milwaukee District North, North Central Service, BNSF Railway, Heritage Corridor, Southwest Service, Rock Island District

at Millenium Station (1.80 miles away), Ogilvie Transportation, Ogilvie Transportation Center, Union Station and others







1508 N State Parkway Chicago, Illinois 60610 is a multi-family currently listed at $2,999,000. This multi-family has been listed on @properties since September 10th, 2021 and was built in 1891. Nearby schools include Ogden Elementary School - East Campus, Ogden Elementary School - Jenner Campus, Lincoln Park High School. The nearest transit stops include Clark/Division CTA Red line, Metra Electric Main Branch Millenium Station. Want to learn more about 1508 N State Parkway Chicago, Illinois 60610? Contact an @properties agent to request more info.


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