1920s With Lake Views: 6334 N. Sheridan

The building boom of the 1920s extended from the South Shore neighborhood to the far north neighborhoods of Edgewater and Rogers Park.   6334 N. Sheridan, also known as the Rockefeller-McCormick Building, was built during that decade of the large luxury apartment buildings.

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Built in 1924, the building has views of Lake Michigan and parking.

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This particular unit has a wood burning fireplace. This seller is also offering a “$5,000 remodel credit”.

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Unit #6F: 3 bedrooms, 2 baths, 1700 square feet, parking included

  • I couldn’t find a prior sales price
  • Currently listed for $269,900 (parking included)
  • Assessments of $671 a month
  • Window units (no central air)
  • Trio Realty Group has the listing

There have been a few recent sales in the building.

  • Unit #7D sold in May 2008 for $150,000
  • Unit #3F sold in October 2007 for $295,000

20 Responses to “1920s With Lake Views: 6334 N. Sheridan”

  1. I don’t know the neighborhood but this looks like a steal at this price.

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  2. I looked at a unit in this building several years ago… It was a nice place with spacious rooms. It is located just south of the curve on Sheridan as it approaches Loyola (and turns into Devon). The parking was in an outdoor lot around the corner if I remember correctly.

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  3. Uh…. Sabrina, I have been eyeballing this unit for a long time. I love this place.

    Bob, if it were a “steal”, it wouldn’t have been on the market at this price point and slightly more (last month, $279K, for previous 5 months, if it were underpriced.

    7D sold for $150K after languishing at $132K for a few months, so I figure it included a parking space. I find it passingly weird that this unit would languish on the market for 7 months, first at $139K, then $132K, then suddenly sell for $150K. I viewed the unit, a pretty one bed that had unfortunately been desecrated by bad renovations of the kitchen and bath. It needs both redone to look good, and that price is way out of wack with rent for the same unit, which contained a tenant when I viewed it.

    It’s a beautiful building within walking distance of a host of amenities. A lot of people think Edgewater is “not good”, but this is an area I walk around in at whatever time of day or night I please, with no fear. I absolutely LOVE the neighborhood, and consider it a wonderful value

    However, having said all that, 4A, a similar apt, is in foreclosure, or was when I checked property records on the place about 3 weeks ago. And that sale of 3F in 2007, took place just as prices edged over the cliff into the steep decline we are witnessing now. Additionally, this place is high maintenance, for it is an older building with elevators after all. 2 elevator tiers, 2 elevators each teir, for a 7 story building.

    Since 1211 N LaSalle has 2 bedroom apts only somewhat inferior to this, in the downtown area, still languishing on the market at $259K, I believe this apt ought to sell for about $225 topside. This is Edgewater, which has a median income of appx. $34K, according to http://www.zipskinny.com- look up zip code 6660. Lakeview and Downtown have much higher median incomes. That means that the income that is median in Lakeview is “affluent” around here.

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  4. Is that design supposed to be a “reflection” of lake Michigan? Pretty cool.

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  5. Is that the Loyola Science Library in the picture? I thought it looked familiar.

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  6. No longer the science library it is now the Sullivan Center for Student Services.

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  7. 671 a month for assessments?

    A little rough with no central air dont you think?!?!?!

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  8. A, the assessments probably include heat in this old building.

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  9. “No longer the science library it is now the Sullivan Center for Student Services.”

    I’m showing my age calling it the science library. I also continue to say the “C&NW ” instead of the Olgilvie for downtown’s metra station.

    btw where did they move the science library? That was a cool building; it had a large glass wall over looking the lake and it was usually empty. I used to study there all the time

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  10. The school just added a new building next to Cudahy Library on the Jesuit Residence Field. They are calling it the Information Commons. Its a really nice looking building.

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  11. Homedelete, don’t feel bad, many of us still call the Metra Electric the IC, and probably will to our dying day. I have only just now begun to remember the CTA lines by their colors – how many years ago did they make THAT change!

    Is that brick really that wild pattern or are we seeing some artifact from the photography reproduction process? Really wild, and rather cool.

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  12. David (the first one) on June 19th, 2008 at 8:34 am

    Yeah, it’s most likely radiator heat so paid collectively, i.e. through the assessment. Considering the square footage of the unit and the age of the building, the assessment actually seems downright cheap and reasonable, unless every little unexpected maintenance expense means a special assessment.

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  13. Is there any outside space, like a deck?

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  14. I think that the picture is playing a game. I never noticed the design before.

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  15. Google streetview shows just plain brick — certainly nothing like the apparent design in the first picture.

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  16. The assessments include heat in this building, but I believe they are higher than they need to be. Possibly the heating could use updating.

    I see an astonishing number of vintage buildings that are still operating converted coal burners (converted to gas) that get 15% efficiency at best, which is intolerable in an era of escalating fuel prices.

    I don’t know if this is the case with this building, since I haven’t gotten far enough with it to get an inspection done. But I know it to be the case with about a half-dozen other old highrises with old converted boilers, which strikes me as insane.

    The cost of a replacement boiler from a good maker like Weil-McClain might cost as much as $25,000, which breaks down to a smallish amount of money per unit, and which would save many times as much in just its first season. No kidding, a former landlord of mine finally replaced his, and it paid for itself 3X the first season.

    If you live in a building with an outdated heating system, it would behoove you to raise hell with your board and fellow residents to bite the bullet and get it updated. Same thing goes for windows- almost all the 50s and 60s vintage places in Edgewater have horrible old metal framed windows and leaky curtainwall that are sieves for heat. This is something worth giving up a vacation for, to make sure you can afford the place at all down the road. These fuel prices are not a bubble- we are looking at permanent drawdowns in supplies.

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  17. Writing from an Edgewater 60s vintage building – we all had new windows and my tier has already had all new HVAC put in during the last two-three years. But, otherwise I haven’t seen or heard of any like activity going on in other nearby high rises. You’re so right, you need a proactive board and they’ve just gotta puch those improvements through.

    As for the building in the article – great location – it is off kind of by itself with its parking lot adjacent to the building on its own postage stamp of land. I tried to get a friend to buy there – but he opted for a smaller place in Edgewater Glen (with street parking!) for about $10k more than this one.

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  18. I love the location of the building. It has privacy, and most apts get at least a sliver of a lakeview. If you are on the north side of the building, you have stupendous views of the lake.

    Your friend might have been put off by the maintenance, or, if he was looking at 7D, the really fugly improvements in the kitchen and bath that would have had to be undone at considerable cost.

    It’s a loveable building, but there are places cheaper to maintain, for a fact.

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  19. Currently listed at 254,900.

    This place is a condo that acts like a co-op. Run, do not walk.

    We saw this unit this weekend, it’s a virtual crime scene, all it needs is a chalk outline of the realtor on the floor, since I’m sure this agent wont be the last one to die here, metaphorically.

    The owner has had this place for 10 years and done nothing but damage. The kitchen would have to be gutted completely. He installed a new stove and sink and tore up the floor, none of which added any value.

    To say that it has two baths is a sad misnomer. The one pictured looks like it’s right out a prison drama, the subway tiles are cracked, chipped or just plain missing, replaced with concrete. The fixtures would all have to be replaced. The “second” bath is attached, loosely, to the “third” bedroom. The reality of it is that #3 is a maid’s room + bath. The bath is so small you literally cannot close the door from the inside or even turn around inside it.

    In short, everything in the kitchen and both baths would have to be pulled out.

    The two bedrooms are in marginal condition. Everything is worn and in disrepair. And since the walls are plaster, the renovations would be complicated. There are all kinds of random wires hanging from the ceiling, stapled to the walls and running & disappearing into the walls. I was counting the steps to the door.

    In the front of the house, the foyer, LR and DR are in good shape, if for no other reason than negligence. The floor in the DR has had something done to it, since the planks are out of alignment and possibly replaced.

    The jewel, as you can see from the photos is the LR, which is remarkable. Grand and spacious, some paint and floor wax and it’s ready to go. But one does not actually live in the living room, does one?

    It would be a money pit. The building upgrades are being paid out of a secured loan, rather than a special assessment. Hence the outrageous assessments. They are almost $700 now and heading north rapidly 10% increase in 08.

    Not to mention that the responsibility for replacing all the windows (7-10K) would be the new owner’s.

    If the place was in the $120’s and we had 75-100K lying around, it could be magnificent, but it would take at lest $65k to make it even livable.

    If he thinks he’s going to get $150k for this place, I have some bad news about the Easter Bunny too.

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  20. sold for $235 on 6/24. I saw this place too and was stunned. I’m surprised it sold for anything over 200k

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