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Key Details
Sold Price $220,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $275
MLS Listing ID 11981866
Sold Date 05/14/24
Bedrooms 1
Full Baths 1
HOA Fees $876/mo
Rental Info Yes
Year Built 1960
Annual Tax Amount $3,877
Tax Year 2022
Lot Dimensions COMMON
Property Description
(HIGHLY MOTIVATED) Imagine leaving your spectacular lobby on a beckoning summer day. Lake Michigan dotted with sailboats shimmers before you, its warm beaches a five-minute walk, Lincoln Park's 1200-acre greenery a two-minute stroll. This is 1550 Lake Shore Drive -- right in the heart of Chicago's historical Gold Coast. Unit 15D also captures these moments thanks to its captivating lake and city views from its spacious living room and bedroom. Sustainable flooring in the living room, foyer and hallway -- brand new textured carpeting in the bedroom, beautifully updated bathroom and tons of closet space and storage. There's even a pantry in the well-laid-out kitchen and a new fridge and stove. WASHER and DRYER may be installed. Elegant secure building with recently renovated marble lobby and updated hallways, onsite M-F management, 24-hour doorperson and a perpetual emergency $1m reserve fund. Amenities include a well-appointed exercise room and lending library, immaculately maintained laundry room with heavy-duty commercial equipment, large freight elevator, meeting room, extensive remodeled roof deck and first-floor Lake Shore Drive patio to watch the world go by or the annual Air Show and twice-weekly fireworks. Investor-friendly with 79% owner occupancy, there is no rental cap but a 12-month lease requirement. Additional completed capital projects include elevator modernization, horizontal riser replacement, new boilers, tuckpointing and others. Monthly assessment includes heat, water, Wi-Fi/cable; monthly electric bill average $29.68. The heated attached garage offers valet parking for $245 a month and a protected bike and scooter cage for $50 a year. No.151 bus stops right outside -- 15-minute walk to L. Easy access to bike and hiking trails, Old Town, Gibson Triangle, restaurants, nightlife, Michigan Avenue shopping, museums and all of Chicago's most popular draws. Tour this while it's still available.
Location
State IL
County Cook
Area Chi - Near North Side
Rooms
Basement None
Interior
Interior Features Elevator, Wood Laminate Floors, Storage, Ceilings - 9 Foot, Doorman, Drapes/Blinds, Health Facilities, Lobby
Heating Radiant
Cooling Window/Wall Units - 2
Fireplace N
Exterior
Parking Features Attached
Garage Spaces 2.0
Amenities Available Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Service Elevator(s), Business Center, Ceiling Fan, Patio, Security Lighting, Trail(s), Water View
Roof Type Rubber
Building
Story 33
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include Heat,Air Conditioning,Water,Insurance,Security,Doorman,TV/Cable,Exercise Facilities,Internet
Ownership Condo
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Alexandre Stoykov • Compass