ClosedPrice Reduced

$1,395,000

$1,750,000
1550 Lake Shore Drive, Chicago, IL 60610
3 Beds4 Baths0 sqft267 days
1550 Lake Shore Drive·Chicago, IL 60610
3Bedrooms
4Bathrooms
0Sq Ft
1960Year Built
About This Home

Incredible opportunity to own this one of a kind penthouse unit at 1550 N Lake Shore Drive. First time on the market in nearly 30 years. With breathtaking panoramic views of Lake Michigan, Lincoln Park, Navy Pier and City Center from nearly every room, this 3000 square foot unit is comprised of 3 bedrooms, 3.5 bathrooms, large living area, separate family room/office and a private terrace. A large entrance hall leads to spacious living and dining areas with wall to wall windows. Continue into the custom eat-in kitchen with island, double Gaggenau ovens, Sub-Zero fridge, undercounter vegetable drawers and a wine cooler. French doors lead to a large private roof top deck and the best Air and Water Show viewing in the city. Large master bedroom, with both South and East views, incorporates a walk-in closet and spa-like en-suite bath with unobstructed lake views from the oversized jacuzzi tub and glass walled multi head shower. Adjacent custom wood-paneled family room/office showcases expansive city views and includes built-ins for TV, storage and hidden closet. Both additional bedrooms include adjoining bathrooms (one with a jacuzzi tub). Separate laundry room is large enough to double as second home office. Unit features hardwood and granite floors throughout. Brand new forced air AC units just replaced by sellers. An assigned storage cage, as well as a storage closet just outside of the unit, is included. Very walkable location with North Avenue beach and Lincoln park right outside the door. Restaurants and shops of Michigan Avenue and Old Town within easy strolling distance. Full amenity building with 24-hour door staff, valet garage parking, fitness room, sun deck, on-site management, shared laundry and bike room. Many recent modernization projects have already been completed by the association

MLS# 12206556Listed February 13, 2025Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms4
Full Baths3
Half Baths1
Total Rooms8

Size & Structure

Living Area0 sqft
Stories33
Garage Spaces1
Year Built1960
Lot SizeCONDO

Location

CountyCook
TownshipNorth Chicago
Zip Code60610

Financial

List Price$1,395,000
Original Price$1,750,000
Annual Taxes (2023)$22,743
Monthly Tax Est.$1,895
Parcel #17031010291200
Interior Features

Flooring

Hardwood

Heating

Steam

Cooling

Central Air

Basement

None

Laundry

Washer HookupIn Unit
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

ConcreteGarage Door OpenerYesLeasedAttachedGarage
HOA & Community
HOA Fee
$5,128
Monthly

HOA Includes

HeatWaterInsuranceDoormanTV/CableLawn CareScavengerSnow RemovalInternet

Association Amenities

Door PersonCoin LaundryElevator(s)Exercise RoomStorageOn Site Manager/EngineerParty RoomSundeck
Schools
Elementary
Ogden Elementary
District: 299
Middle School
Ogden Elementary
District: 299
High School
Lincoln Park High School
District: 299
Tax & Financial
Annual Taxes
$22,743
Tax Year 2023
Monthly Tax Est.
$1,895
per month
Price Reduced by $355,000
Original list price: $1,750,000
Property Location

1550 Lake Shore Drive, Chicago, IL 60610 — Cook County

$1,395,000
1550 Lake Shore Drive
3 bd4 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
267 days on market
1-car garage
CONDO
$22,743/yr taxes
$5,128 HOA (monthly)
Price reduced $355,000
$14,355
estimated monthly payment
Principal & Interest
$7,331/mo
Property Tax
$1,895/mo
HOA
$5,128/mo
$1,395,000
20% — $279,000
3%50%
6.875%
3%12%
Loan Amount
$1,116,000
Down Payment
$279,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Triton Realty Group LLC
Agent: Lukasz Wojcik
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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