For Sale: 1550 N LAKE SHORE #2C, Chicago, IL 60610. 1-bedroom 1-bath, 1958 Near North Side $250,000 begin new search
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Overview

Rarely available and conveniently located Gold Coast condo. Elevator or walk up the stairs to this spacious and bright second floor home. Unit Features: hardwood floors, stainless steel appliances, granite countertops, ample closet space, and updated bath. Building features: common laundry room, community library, an exercise room, service elevator, and street level stamped concrete patio. Monthly assessment: $587.61 (includes RCN Cable TV & Internet, heat, water, trash removal, snow removal, common area maintenance, and door staff/management). Additional monthly reserve assessment: $310.19 (voted on annually by the Board and will continue for all of 2023). Total monthly assessment: $897.80. Valet parking offered in the attached heated parking garage for $245/monthly. Bike room fee: $50/yr. per bike. Conventional financing and Cash ONLY - FHA and VA financing is not permitted in the building. 79% owner occupied. Investor friendly - no rental cap! No short-term rentals allowed (i.e. no Airbnb). Minimum 1 year leasing agreement required. Current reserves: $1.6 million (as of November 2022). No upcoming special assessments. Maximum 2 pets allowed per unit. 50-lb. weight maximum when fully grown. No Pitbulls, Rottweilers, Dobermans, Chow Chows, Akitas, or cross breeds of any of the aforementioned dog breeds are permitted. Board interview required. Board has "Right of First Refusal" with a 30-day Board approval. Non-refundable move-in/move-out fees: $350. Monday-Friday moves ONLY. $3.5 million was spent for the remodeled lobby and exterior facade work (2017).

Address 1550 N LAKE SHORE

Unit# 2C


Chicago, IL 60610
Listing Status Active
Asking Price $250,000
Original Listing $250,000 @
Ownership
Property Type Condo
Asssessment $898
Rooms
No additional rooms
Square Footage Not Disclosed
Bedrooms 1
Full Bathrooms 1
Location
Directions LAKE SHORE DRIVE AT NORTH AVE
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17031010291003
Property Tax $3,693 for the year 2021
Features
Year Built 1958
Laundry Location
Elevator Not Listed
Cooling Window/Wall Units - 2
Heating Steam
Sewer/Septic Public Sewer
Fireplaces Not Listed
Association Fee Frequency Monthly
Basement None
High School District 299
Living Area Source Not Reported
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11750956
Courtesy of @properties Christie's International Real Estate
Exterior
Style Attached Single
Material Not Listed
Lot Size CONDO
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Total Spaces:
Garage Spaces: 1
Non-Garage Spaces: 0 -
View Not Listed