Closed

$229,000

3550 Lake Shore Drive, Chicago, IL 60657
1 Beds1 Baths0 sqft1 days
3550 Lake Shore Drive·Chicago, IL 60657
1Bedrooms
1Bathrooms
0Sq Ft
1962Year Built
About This Home

Ready to stop paying your landlord's mortgage and invest in the future? Come live your best life in vibrant Lakeview, just a short distance from the lake, dining, and endless neighborhood amenities! This spacious 1 bed 1 bath offers incredible potential for both first-time buyers and investors, featuring an oversized layout with two walk-in closets, abundant storage, partial lake views, separate area to put a dining room table, or create a den/office nook in that area, vinyl flooring in the main living areas, and well-maintained carpet in the bedroom. Kitchen has a suite of appliances (including a dishwasher!) making it a perfect canvas for your renovation ideas. Cabinetry has been updated and installed for maximum storage potential. Newly installed motion censored lighting in the closets won't have you worrying if you turned off the lights in your home. Don't be fooled by the lower floor, there is abundant sunshine pouring through the windows during the day. With strong future rental upside after the 18-month owner-occupancy requirement, this is a rare opportunity to create value in one of Chicago's most desirable neighborhoods. Building amenities include 24-hour security staff, rooftop deck, gym, laundry facilities, and an attached convenience store for those cold Chicago days. Valet parking available through the building, in-unit laundry is not allowed per the HOA.

MLS# 12611624Listed April 20, 2026Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories28
Garage Spaces1
Fireplaces0
Year Built1962
Lot SizeCOMMON

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$229,000
Annual Taxes (2024)$4,014
Monthly Tax Est.$335
Parcel #14211110071103
Interior Features

Appliances

DishwasherRefrigeratorStainless Steel Appliance(s)OvenElectric Cooktop

Heating

ElectricBaseboard

Cooling

Wall Unit(s)

Basement

None
Exterior & Lot

Construction

BrickConcrete

Roof

Rubber

Foundation

Concrete PerimeterReinforced Caisson

Lot Features

Common GroundsLandscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

Shared DrivewayGarage Door OpenerHeated GarageYesLeasedAttachedGarage
HOA & Community
HOA Fee
$629
Monthly

HOA Includes

HeatWaterDoormanTV/CableExercise FacilitiesExterior Maintenance

Association Amenities

Bike Room/Bike TrailsDoor PersonCoin LaundryCommissaryElevator in ResidenceExercise RoomStorageOn Site Manager/EngineerParty RoomSundeckReceiving RoomSecurity Door Lock(s)Service Elevator(s)

Community Features

Park
Schools
Elementary
Nettelhorst Elementary School
District: 299
Middle School
Nettelhorst Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$4,014
Tax Year 2024
Monthly Tax Est.
$335
per month
Property Location

3550 Lake Shore Drive, Chicago, IL 60657 — Cook County

$229,000
3550 Lake Shore Drive
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
1 days on market
1-car garage
COMMON
$4,014/yr taxes
$629 HOA (monthly)
$2,167
estimated monthly payment
Principal & Interest
$1,203/mo
Property Tax
$335/mo
HOA
$629/mo
$229,000
20% — $45,800
3%50%
6.875%
3%12%
Loan Amount
$183,200
Down Payment
$45,800

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

Listed by
Corcoran Urban Real Estate
Agent: Stefanie Krause
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.