$229,999
1550 N Lake Shore Drive #15D
Chicago, IL, 60610
(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.
Property Details
Price:
$229,999
MLS #:
MRD11981866
Status:
Active Under Contract
Beds:
1
Baths:
1
Address:
1550 N Lake Shore Drive #15D
Type:
Condo
City:
Chicago
Listed Date:
Feb 21, 2024
State:
IL
Finished Sq Ft:
800
ZIP:
60610
Year Built:
1960
Schools
School District:
299
Interior
Bathrooms
1 Full Bathroom
Cooling
Window/ Wall Units – 2
Heating
Radiant
Exterior
Parking Spots
2
Roof
Rubber
Financial
Buyer Agent Compensation
2.5% -$475% of Net Sale Price
HOA Fee
$876
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Internet
Tax Year
2022
Taxes
$3,877
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1550 N Lake Shore Drive #15D
Chicago, IL
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