$1,980,000
179 E Lake Shore Drive #11W
Chicago, IL, 60611
$500,000 PRICE REDUCTION! Unprecedented Value! One of Drake Tower’s best and more recent renovations is now offered for sale. The west half-floor, north facing apartment has postcard views of Lake Michigan and Chicago’s shoreline from the eleventh floor. The apartment’s foyer is designed with a striking black and white harlequin pattern floor and has abundant wall space ideal to display art. The fireplace is classically cited in the center of the east wall of the living room and provides flexible options for furniture arrangement in the large space. Built-in bookcases, extensive moldings, glass paneled doors, hardwood floors, restored marble fireplace mantle, and architectural lighting create the sophisticated aesthetic found consistently throughout the apartment. Dining room has north and west exposures capturing great light and the best views of Chicago. Kitchen has been expanded to include three areas: workspace with island and bar seating, breakfast room, and butler’s pantry. Kessebohmer cabinets made in Germany outfit the kitchen and seamlessly integrate Subzero refrigerator, freezer drawers and wine refrigerator. Six-burner Wolfe range with commercial hood and exterior exhaust, double ovens and microwave equip the kitchen. The principal bedroom suite consists of large bedroom and sitting area, two dressing rooms and luxury bathroom. Double sinks in vanity with extensive storage, heated floors, spa-like marble shower, and soaking tub top off the suite. Second bedroom has en-suite bathroom with heated floors and walk-in closet. Drake Tower has elegant, restored marble lobby, exercise room, wine storage, outdoor patio/terrace, direct access to Drake Hotel, 24-hour uniformed staff, on-site manager, and live-in engineer. One pet with no weight limitation is allowed. Parking available in shareholder-owned attached garage for $200 per month. Storage room is provided. Total monthly assessment is $5,689.10 which includes property taxes. Seller reserves (2) sconces in the dining room, (1) sconce in the living room (above the bar cart) and (1) sconce in the powder room.
Property Details
Price:
$1,980,000 / $1,790,000
MLS #:
MRD11458500
Status:
Closed ((Feb 17, 2023))
Beds:
2
Baths:
3
Address:
179 E Lake Shore Drive #11W
Type:
Single Family
City:
Chicago
Listed Date:
Jul 8, 2022
State:
IL
Finished Sq Ft:
3,050
ZIP:
60611
Year Built:
1928
Schools
School District:
299
Interior
Appliances
Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Space Pac
Fireplaces Total
1
Heating
Radiant
Laundry Features
In Unit, Laundry Closet, Sink
Exterior
Other Structures
None
Financial
Buyer Agent Compensation
2.5%-$495Net Sale Price
HOA Fee
$5,689
HOA Frequency
Monthly
HOA Includes
Heat, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2020
Taxes
$30,491
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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179 E Lake Shore Drive #11W
Chicago, IL
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