CONTINGENT: 1550 N LAKE SHORE #15D, Chicago, IL 60610. 1-bedroom 1-bath, 1960 Near North Side $229,999 begin new search
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Overview

(HIGHLY MOTIVATED) Imagine leaving your spectacular lobby on a beckoning summer day. Lake Michigan dotted with sailboats shimmers before you, its warm beaches a five-minute walk, Lincoln Park's 1200-acre greenery a two-minute stroll. This is 1550 Lake Shore Drive -- right in the heart of Chicago's historical Gold Coast. Unit 15D also captures these moments thanks to its captivating lake and city views from its spacious living room and bedroom. Sustainable flooring in the living room, foyer and hallway -- brand new textured carpeting in the bedroom, beautifully updated bathroom and tons of closet space and storage. There's even a pantry in the well-laid-out kitchen and a new fridge and stove. WASHER and DRYER may be installed. Elegant secure building with recently renovated marble lobby and updated hallways, onsite M-F management, 24-hour doorperson and a perpetual emergency $1m reserve fund. Amenities include a well-appointed exercise room and lending library, immaculately maintained laundry room with heavy-duty commercial equipment, large freight elevator, meeting room, extensive remodeled roof deck and first-floor Lake Shore Drive patio to watch the world go by or the annual Air Show and twice-weekly fireworks. Investor-friendly with 79% owner occupancy, there is no rental cap but a 12-month lease requirement. Additional completed capital projects include elevator modernization, horizontal riser replacement, new boilers, tuckpointing and others. Monthly assessment includes heat, water, Wi-Fi/cable; monthly electric bill average $29.68. The heated attached garage offers valet parking for $245 a month and a protected bike and scooter cage for $50 a year. No.151 bus stops right outside -- 15-minute walk to L. Easy access to bike and hiking trails, Old Town, Gibson Triangle, restaurants, nightlife, Michigan Avenue shopping, museums and all of Chicago's most popular draws. Tour this while it's still available.

Address 1550 N LAKE SHORE

Unit# 15D


Chicago, IL 60610
Listing Status Contingent
Asking Price $229,999
Original Listing $235,000 @
Escrow Date 2024-04-01
Days on MLS
Ownership
Property Type Condo
Asssessment $876
HOA Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Service Elevator(s), Business Center, Ceiling Fan, Patio, Security Lighting, Trail(s), Water View
Rooms
No additional rooms
Square Footage Not Disclosed
Bedrooms 1
Full Bathrooms 1
Location
Directions Inner Lake Shore Drive - corner of North Ave & Lake Shore Drive
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17031010291093
Property Tax $3,877 for the year 2022
Features
Year Built 1960
Laundry Location
Elevator Not Listed
Cooling Window/Wall Units - 2
Heating Radiant
Sewer/Septic Public Sewer
Fireplaces Not Listed
Interior Features Elevator, Wood Laminate Floors, Storage, Ceilings - 9 Foot, Doorman, Drapes/Blinds, Health Facilities, Lobby
Association Fee Frequency Monthly
Basement None
Electric Circuit Breakers
High School District 299
Living Area Source Estimated
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11981866
Courtesy of Coldwell Banker Realty
Exterior
Style Attached Single
Material Not Listed
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Roof Rubber
Swimming Pool Not Listed
Parking
Total Spaces: 2
Garage Spaces: 2
Non-Garage Spaces: 0 -
View Not Listed