1507 N Dearborn Pkwy Chicago, IL 60610

Available for the first time in decades, this attractive 3-story building with a handsome limestone facade and a white brick 2-story coach house is set on a prime 41 x 132 foot lot in the heart of the Gold Coast. Once a luxurious mansion, this property is currently configured as 9 rental units consisting of two units per floor plus a garden apartment in the 6,800 sqft main building, and 2 additional units in the 2,100 sqft coach house. Main building features include 11' 9" ceilings on the main level and 10+ foot ceilings on the 2nd and 3rd levels, a newer Weil-McLain boiler, and some original architectural details including paneling, hardwood floors, cove moldings, beamed ceilings, period fireplaces, and a large skylight over the main staircase. Although not centrally air-conditioned, there are some in-wall a/c units. Likely a former stable with a hayloft, the coach house has the potential to provide garage parking on the main level with a 2-bedroom apartment above. This unique property is ideally restored as a single-family home, converted into luxury condos, or preserved as an income property.