Welcome to 7015 North Sheridan Road - a rare opportunity to own a piece of Chicago history on an oversized forty-six by one hundred fifty lot on the east side of Sheridan, just steps from the lake. Originally built in the eighteen hundreds, this expansive five-bedroom, four and one-half bathroom home blends timeless architectural charm with thoughtful modern updates. From the moment you step into the grand foyer, you will be captivated by the intricate woodwork, stunning staircase with stained glass details, and preserved vintage character throughout. The main level offers a spacious living room with gleaming hardwood floors and recessed lighting, a cozy sitting area with a gas fireplace, and a formal dining room that flows seamlessly into the oversized kitchen. The kitchen is truly the heart of the home - featuring stainless steel appliances, an island, and abundant cabinetry and counter space. A convenient mudroom leads to the rear porch, expansive parking area, and easy access to the beach - perfect for rinsing off after lake days. Upstairs, the second level features three generously sized rooms, including a primary suite with multiple closets and a beautifully updated en suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional rooms are connected by a Jack-and-Jill bathroom, with flexibility for bedroom or office use. The top floor offers a private suite with its own bedroom, ample storage space, and full bathroom - ideal for guests or extended living. The lower level provides exceptional versatility, featuring two laundry areas, extensive storage space, and a fully equipped in-law suite with a private entrance, two bedrooms, one bathroom, in-unit laundry facilities ,and a modern kitchen with living and dining space. What truly sets this property apart are its income-generating opportunities. The current owners lease eleven parking spaces at two hundred forty dollars per month each and operate a permitted short-term rental in the lower level. Additionally ,the property presents a unique development opportunity. The owners have secured approval from the City of Chicago and the Lakefront Protection Ordinance to build a five-story,two0unit residential building on the site . While offered as a single-family home , further details on the approved development are available upon request .Permits must be pulled by October for those interested in pursuing this project . This is one ofthe last remaining homes of its kind in thte area-offering historic charm,strong income potential,and incredible future upside-all just steps from Lake Michigan.