For Sale: 50 E CHESTNUT #501, Chicago, IL 60611. 3-bedroom 3.5-bath, 2007 Near North Side $2,200,000 begin new search
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Overview

Discover incredible value with this property - a major deal offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. The sellers are eager to sell quickly at this aggressive price, now $1.2 million lower than the original asking price. This stunning unit offers luxury living at its finest, just steps from Magnificent Mile, fine dining, grocery stores, retail shops, and the Chicago lakefront. In this boutique building in the heart of the Gold Coast, every floor is home to one resident. Take a private elevator from your heated garage parking, and walk directly into your unit for the ultimate privacy. Step inside to find your stunning 3 bedroom, 3.5 bath home, complete with gorgeous designer finishes throughout. A sleek eat-in kitchen with Wolf and Subzero appliances offers the perfect spot for meals at home, and large windows in your expansive living and dining rooms welcome lots of natural light. This unit also boasts four fireplaces and a fire feature on the terrace, making for cozy nights in every room during our fall and winter seasons! The primary suite offers a large walk-in closet, a spa-like en suite bathroom, and direct terrace access. A spacious home gym easily converts into an additional bedroom or office space. Outside, enjoy the only wraparound private terrace in the building. It offers great space for entertaining and dining, as well as plenty of room for pets to roam and run. The building offers an additional communal terrace, a dog run, a fitness center, and 24 hour door staff, as well as large storage lockers and a bike storage room. Two indoor parking spaces included in asking price. ***Please note 3rd bedroom measurements prior to scheduling a showing. Sellers use this space as a workout studio/office but it can easily be transitioned back into a 3rd bedroom. Includes a spa-like shower in the room.*** If you've been waiting for a unit that has it all in the heart of the city, look no further!

Address 50 E CHESTNUT

Unit# 501


Chicago, IL 60611
Listing Status Active
Asking Price $2,200,000
Original Listing $2,695,000 @
Ownership
Property Type Condo
Asssessment $4,342
Rooms
Foyer, Other Room
Square Footage Not Disclosed
Bedrooms 3
Full Bathrooms 3
Half Baths 1
Location
Directions Michigan Ave to Chestnut then West
Neighborhood Near North Side
School District Not Listed
Public Records
County Cook
Tax PIN 17032170181001
Property Tax $60,560 for the year 2023
Features
Year Built 2007
Laundry Location In Unit
Elevator Not Listed
Cooling Central Air
Heating Natural Gas
Sewer/Septic Public Sewer
Fireplaces Not Listed
Interior Features Elevator, Hardwood Floors, Built-in Features, Walk-In Closet(s)
Additional Parcels No
Additional Parcels Description 17032170181082, 17032170181083
Appliances Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
Association Fee Frequency Monthly
Basement None
High School District 299
Living Area Source Estimated
New Construction No
Monthly Payment Calculator
Listing Source
Platform MRED
AOR
MLS Number MRD11919697
Courtesy of Coldwell Banker Realty
Exterior
Style Attached Single
Material Not Listed
Lot Size COMMON
Fencing Not Listed
Topography Not Listed
Swimming Pool Not Listed
Parking
Total Spaces: 2
Garage Spaces: 2
Non-Garage Spaces: 0 -
View Not Listed