|4526 Sheridan. Photo courtesy of Google Streetview|
One of the buildings, Lawrence House, had been nearly run into the ground by the family, who acquired it in 2000. In just over a decade, Lawrence House had accumulated 110 housing violations, was in foreclosure, and was described as "notorious." It was bought by Cedar Street Properties in 2013.
Now Crain's reports that the family has sold three more of its properties, including 4526 North Sheridan, also known as the Sheridan View Apartments. According to Crain's, 4526 and two buildings in Rogers Park also included in the deal are "almost 40 percent vacant and need cosmetic and structural work."
The sale of the three buildings ends the Menetti Family's five-year-old foreclosure case, brought by its lender in January 2012.
The new owner of 4526 North Sheridan is Metro Residential, the residential arm of the parking structure owner Metro Park LLC.