$850,000
179 E LAKE SHORE Drive #502
Chicago, IL, 60611
An opportunity to own one of the few two-bedroom residences on prestigious E Lake Shore Drive, home to Chicago’s grand pre-war co-ops. Situated in the coveted Drake Tower, the spacious 1,852 square foot floor plan offers desirable north views of the lake and park from the 33-foot living room and large primary suite. The 2021 renovation transformed the kitchen with modern high-gloss cabinetry, the best appliances including a Bertazzoni gas cooktop and oven, a Bosch dishwasher, a Fisher & Paykel refrigerator, and a wine cooler. The new primary bath was enhanced with marble and modernized with a walk-in shower. Unique to this apartment is a bonus room that could be built-out as an office or a large walk-in closet. This elegant home features classic waxed wood floors, nine and half foot ceilings, an original 1928 marble fireplace, and original hardware designed by the building’s architect Benjamin Marshall. The SpacePak air conditioning and new washer/dryer provide modern conveniences. With only 68 residences, shareholders enjoy personal, white glove service from a 24-hour door staff and an elevator operator, an on-site property manager, a live-in engineer and full maintenance staff. Exclusive amenities include a temperature-controlled wine cellar, a state-of-the art exercise room, and a planted terrace. Parking is conveniently located in the attached garage for $200/month, and guest parking is available. Pets are welcome and there is no weight limit for dogs. Contracts are subject to board approval and 50% financing is permitted. The total monthly assessment including property taxes is $4,265.
Property Details
Price:
$850,000
MLS #:
MRD11970674
Status:
Active
Beds:
2
Baths:
2
Address:
179 E LAKE SHORE Drive #502
Type:
Single Family
Subdivision:
Drake Tower
City:
Chicago
Listed Date:
Jan 30, 2024
State:
IL
Finished Sq Ft:
1,852
ZIP:
60611
Year Built:
1928
Schools
School District:
299
Interior
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Space Pac
Fireplaces Total
1
Heating
Radiator(s)
Laundry Features
In Unit, Laundry Closet, Sink
Exterior
Parking Spots
2
Financial
Buyer Agent Compensation
2.5% – $425Net Sale Price
HOA Fee
$2,476
HOA Frequency
Monthly
HOA Includes
Heat, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Lawn Care, Scavenger, Snow Removal
Tax Year
2022
Taxes
$21,472
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 #502
Chicago, IL
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