50 E Chestnut Street #501
Chicago, IL, 60611
$2,200,000
3 Beds
4 Baths
3,904 SqFt
0 Acres
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$2,200,000
50 E Chestnut Street #501
Chicago, IL, 60611
MLS #MRD11919697 image #0MLS #MRD11919697 image #1MLS #MRD11919697 image #2MLS #MRD11919697 image #3MLS #MRD11919697 image #4
Discover incredible value with this property – a major deal offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. The sellers are eager to sell quickly at this aggressive price, now $1.2 million lower than the original asking price. 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. Two indoor parking spaces included in asking price. ***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:
$2,200,000
MLS #:
MRD11919697
Status:
Closed (Apr 24, 2025)
Beds:
3
Baths:
4
Type:
Condo
Neighborhood:
CHI – Near North Side
Listed Date:
Oct 30, 2023
Finished Sq Ft:
3,904
Year Built:
2007
Chi – Near North SideChi – Near North Side

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
Flooring
Hardwood
Heating
Natural Gas
Interior Features
Elevator, Built-in Features, Walk-In Closet(s)
Laundry Features
In Unit

Exterior

Construction Materials
Glass, Concrete
Garage Spaces
2
Parking Features
Heated Garage, Garage Owned, Attached, Garage
Parking Spots
2
Parking Total
2

Financial

HOA Fee
$4,342
HOA Fee Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Security, Doorman, TV/Cable, Exterior Maintenance, Internet
Tax Year
2023
Taxes
$60,560
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of Apr 22, 2026
3,547
Condo Listed
56
Avg DOM
380
Avg $ / SqFt
$629,241
Avg List Price

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Property Summary

    50 E Chestnut Street #501 Chicago IL is a Condo for sale in Chicago, IL, 60611. It is listed for $2,200,000 and features 3 beds, 4 baths, and has approximately 3,904 square feet of living space, and was originally constructed in 2007. The current price per square foot is $564. The average price per square foot for Condo listings in Chicago is $380. The average listing price for Condo in Chicago is $629,241. To schedule a showing of MLS#mrd11919697 at 50 E Chestnut Street #501 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
50 E Chestnut Street #501
Chicago, IL