Fort Sheridan Mansion By The Lake Sees Price Reduced

HIGHLAND PARK, IL — A three-story brick home on one of Fort Sheridan's historic loops of officer's housing saw another price reduction last week. The sellers of the 4,588-square foot, five-bedroom sitting beside Lake Michigan and the Openlands Lakeshore Preserve are now asking the same price paid for the property four years ago.

Built on Logan Loop in 1895 and sitting on a 0.47 acre lot, the home has hardwood flooring throughout. It has four full and two half baths and a pair of fireplaces. One is located in an open living room connected to a dining room with an original vintage cocktail bar. The other sits in a grand family room with vaulted cathedral ceilings and french doors opening onto the deck.

The kitchen is equipped with a Dacor range and a Subzero refrigerator and connects to a breakfast nook with views of the backyard.

The patio deck extends into a fenced yard below a covered balcony on the second floor. The balcony connects to the master suite, which features two walk-in closets and an en-suite bath.

Two more bedrooms on the second floor share a single bathroom. A suite on the third floor includes two more bedrooms, a bathroom and a sitting room.

There's also a finished basement with an additional bedroom, a half bathroom, a laundry room, utility room, storage area and a three-car garage.

The home was last sold for $960,000 in November 2014, the same price to which the asking price was reduced Aug. 22 after first returning to the market in February. Previously, the home sold for $980,000 in 2004, according to public records.

There is an annual $331 homeowners' association fee and the most recent available tax bill was just over $24,000. According to the Lake County assessor's office, the property's estimated market value is $1,013,589, and in June a smaller home on the same block sold for $1.1 million.

• Address: 76 Logan Loop, Highland Park, Illinois
• Price: $960,000
• Square Feet: 4,588
• Bedrooms: 5
• Bathrooms: 4 full, 2 half
• Built: 1895
• Last Sold: 2014
• Listed: Aug. 22

This listing originally appeared on realtor.com. For more information and photos, click here.