Majestic Historic Georgian on Michigan Avenue Elegant Historic Estate with Income-Producing Coach House This magnificent historic Georgian residence offers the perfect blend of timeless architecture and modern comfort. Boasting approximately 5,000 square feet of luxurious living space, this stately home features six bedrooms, three full bathrooms, and two half baths. Main Residence Step inside to discover rich hardwood floors throughout the first and second levels, creating a warm, inviting atmosphere. The expansive living room flows seamlessly to a long terrace overlooking Michigan Avenue-ideal for al fresco dining and entertaining on summer evenings. The heart of this home is the large, open kitchen and dining area, beautifully designed for hosting gatherings of any size. The master bedroom retreat features a sumptuous en suite bathroom complete with an oversized shower and elegant double vanity. Modern Upgrades This historic gem has been meticulously maintained with numerous updates, including:Brand new roof, Boiler replacement (2015) Central air conditioning Updated kitchen with newer appliances Modernized bathrooms Unfinished basement offering additional potential for more living space or another unit. Wide driveway can fit up to five cars. Corner lot feels spacious. This home is truly special Income-Producing Coach House A rare opportunity awaits with the included coach house, currently configured as three one-bedroom apartments generating $3,600 in monthly rental income. These recently updated units feature their own laundry room, with a one-car garage available for the first-floor tenant. This exceptional property presents a unique chance to own a piece of history while enjoying modern amenities and supplemental income in one of the city's most desirable locations. Coach house is tenant occupied so please leave time for proper notice.
Based on the average sale price from the Park Ridge, IL office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
4560 S Michigan Avenue Chicago, IL is a Single Family Home for sale at $1100000 with 5000 sqft and a lot size of Acre(s). 4560 S Michigan Avenue Chicago has 6 bedrooms, 3 baths and was built in 1891. The property's zip code is 60653 which is in Chicago, IL
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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