Waterfront - Primary on Main
Address
179 E LAKE SHORE Drive # 502, Chicago, IL
Price
$ 850,000
Property Attributes
- MLS#12042207
- TypeCondos
- CountyCOOK
- CityChicago
- AreaCHI - Near North Side
- NeighborhoodDrake Tower
- Zip60611
- StyleVintage
- Year Built1928
- Taxes$ 21472
- Price$ 850,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1852
Data Source:
Midwest Real Estate Data (MRED)
Property Description
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.
| Price History | |
|---|---|
| 4/29/2024 | Listed $850,000 |
General Features
| Interior Features | Hardwood Floors,First Floor Bedroom,Storage |
|---|---|
| Sewer | Other |
| Heating | Radiator(s) |
| Cooling | Central Air,Space Pac |
| Possession | Closing |
| HOA | 2476 |
| Garage Spaces | 2 |
| Association Fee Includes | Heat,Water,Taxes,Insurance,Security,Doorman,TV/Cable,Exercise Facilities,Lawn Care,Scavenger,Snow Removal |
| Pets Allowed | Cats OK,Dogs OK,Number Limit |
| Year Built | 1928 |
| Township | North Chicago |
| Unit Number | 502 |
| Tax Year | 2022 |
| Percent Ownership | Co-op |
| Assoc Fee Paid Per | Monthly |
| County | Cook |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Bike Room/Bike Trails,Door Person,Elevator(s),Exercise Room,Storage,On Site Manager/Engineer,Receiving Room,Service Elevator(s),Business Center |
| Subdivision Name | Drake Tower |
| Total Rooms | 5 |
| Status | Active |
| Directions | East of Drake Hotel on East Lake Shore Drive,across from Lake Michigan. |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - Near North Side |
| Waterfront Y/N | Yes |
| Street Name | LAKE SHORE |
| Tax Annual Amount | 21472 |
| Additional Parcels Y/N | No |
| Days on Market | 7 |
| Standard Status | Active |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Attached Single |
| Sub Type | Vintage |
Interior Features
| Basement | None |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning,Gas Log |
| Total Stories | 30 |
| Full Baths | 2 |
| Street Suffix | Drive |
| Laundry Features | In Unit,Laundry Closet,Sink |
| Total Bedrooms | 2 |
| Room Type | Foyer,Other Room |
| LivingAreaSource | Plans |
| Total Baths | 2 |
| Bedrooms Possible | 2 |
| Basement | None |
| Total Number of Units | 58 |
Exterior Features
| Water Source | Lake Michigan |
|---|---|
| Total Parking | 2 |
| Lot Dimensions | 1852 SQUARE FEET |
| Garage Onsite | Yes |
| Garage Type | Attached |
| Garage Ownership | Fee/Leased |
| Exterior | Brick,Stone |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 60611
Price
Taxes
Visits
Year Built
