$2,695,000
50 E Chestnut Street #501
Chicago, IL, 60611
Uncover incredible value with this property – a MAJOR DEAL that is being offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. This stunning unit offers luxury living at its finest, just steps from Magnificent Mile, fine dining, grocery stores, retail shops, and the Chicago lakefront. In this boutique building in the heart of the Gold Coast, every floor is home to one resident. Take a private elevator from your heated garage parking, and walk directly into your unit for the ultimate privacy. Step inside to find your stunning 3 bedroom, 3.5 bath home, complete with gorgeous designer finishes throughout. A sleek eat-in kitchen with Wolf and Subzero appliances offers the perfect spot for meals at home, and large windows in your expansive living and dining rooms welcome lots of natural light. This unit also boasts four fireplaces and a fire feature on the terrace, making for cozy nights in every room during our fall and winter seasons! The primary suite offers a large walk-in closet, a spa-like en suite bathroom, and direct terrace access. A spacious home gym easily converts into an additional bedroom or office space. Outside, enjoy the only wraparound private terrace in the building. It offers great space for entertaining and dining, as well as plenty of room for pets to roam and run. The building offers an additional communal terrace, a dog run, a fitness center, and 24 hour door staff, as well as large storage lockers and a bike storage room. ***Please note 3rd bedroom measurements prior to scheduling a showing. Sellers use this space as a workout studio/office but it can easily be transitioned back into a 3rd bedroom. Includes a spa-like shower in the room.*** If you’ve been waiting for a unit that has it all in the heart of the city, look no further!
Property Details
Price:
$2,695,000
MLS #:
MRD11919697
Status:
Active
Beds:
3
Baths:
4
Address:
50 E Chestnut Street #501
Type:
Condo
City:
Chicago
Listed Date:
Oct 30, 2023
State:
IL
Finished Sq Ft:
3,904
ZIP:
60611
Year Built:
2007
Schools
School District:
299
Interior
Appliances
Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Natural Gas
Laundry Features
In Unit
Exterior
Parking Spots
2
Financial
Buyer Agent Compensation
2.5%- $475% of Net Sale Price
HOA Fee
$3,800
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2021
Taxes
$68,875
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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50 E Chestnut Street #501
Chicago, IL
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