For Sale: 1242 N Lake Shore Drive #25, Chicago, IL 60611. 4-bedroom 4.5-bath, 5327 sf, 1920 NEAR NORTH SIDE $1,000,000 begin new search
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Overview

Huge 5327 sf duplex home with a 200+ sf terrace. Former home of Samuel Insul and Ray Kroc- offers panoramic wrap around views of lake and city. Home needs some updating but is priced accordingly. Amazing mural commissioned by Ray and Joan Kroc graces the circular stairway that leads to the second floor. Wood burning fireplace in the living room. Huge modern kitchen and a breakfast room with a wonderful lake view from the built-in banquette. Great home for entertaining and large enough for a family. Parking options close by.

Address 1242 N Lake Shore Drive

Unit# 25


Chicago, IL 60611
Listing Status ACTIVE
Asking Price $1,000,000
On Market Date $1,600,000 @ Feb 23, 2024
Original Entry Feb 23, 2024
Rooms
Breakfast Room, Office, Sitting Room, Foyer, Balcony/Porch/Lanai
Square Footage 5327 sf
Bedrooms 4
Full Bathrooms 4
Half Baths 1
Location
Directions On Lake Shore between Scott and Goethe
Neighborhood NEAR NORTH SIDE
School District Not Listed
Ownership
Property Type Co-op
Assessment $5,801
Listing History
Timeline Notes
Apr 7, 2026Back on market #MRD11978074
Oct 20, 2025Status changed to Active Under Contract #MRD11978074
Jul 23, 2025Back on market #MRD11978074
Apr 4, 2025Status changed to Active Under Contract #MRD11978074
Mar 29, 2025Price reduced to $1,000,000 #MRD11978074
Jan 5, 2025Price reduced to $1,200,000 #MRD11978074
Sep 3, 2024Price reduced to $1,350,000 #MRD11978074
Jun 25, 2024Back on market #MRD11978074
May 5, 2024Status changed to Active Under Contract #MRD11978074
Feb 23, 2024Listed for $1,600,000 #MRD11978074
Public Records
County Cook
Tax PIN 17031110050000
Property Tax $25,278 for the year 2023
Lake Michigan Distance 0.0 miles
Exterior
Style Attached Single
Material Not Listed
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Entry Steps 25
Swimming Pool Not Listed
Parking
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces: 0 -
View Not Listed
Features
Year Built 1920
Laundry Location
Elevator Not Listed
Cooling Central Air, Zoned
Heating Natural Gas, Steam
Sewer/Septic Public Sewer
Fireplaces Wood Burning (1)
Additional Parcels No
Appliances Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Appliances No
Assessments No
Association No
Association Fee 2 0
Association Fee Frequency Monthly
Attached Garage No
Basement None
Below Grade Finished Area 0
Carport Spaces 0
Cooling No
Heating No
High School District 299
Land Lease No
Laundry No
Living Area Source Other
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11978074
Courtesy of Baird & Warner