950 N Michigan Avenue 5503-5501, Chicago, IL 60611

$3,200,000 Asking Price

4 beds
6 baths
6,000  sqft
Built in 1984

A rare find in city living. 6000 Sq foot penthouse with 2 balconies and breathtaking wrap around East, North & West unobstructed views of the lake and city. No detail was left unturned in this thoughtful and flexible layout. The gorgeous entryway leads to an office suite with a private bathroom, as well as an elegant living room both enjoying a lakefront balcony. This home has a large formal dining room, exceptional kitchen w/ 2 large islands - perfect for informal dining or accommodating caterers. Kitchen has custom wood cabinetry with built-ins for abundant storage, even 4 blind corner pullouts. Other special amenities are wine fridge, double oven, oversized refrigerator, and in large island, 2 additional refrigeration drawers. First floor also has a family room with a dry bar, bedroom, sitting room/office and full bath. Possibilities for this flexible space could be for in-laws, live-in help, early career adult children or just for you! A gorgeous floating wood staircase leads to the second floor where you can enjoy unobstructed views of the lake complete with a balcony from your enormous primary suite. Primary has 3 large walk-in closets, a huge bath which includes heated floors, large shower, dual sinks and dressing area. Additionally, there are 2 separate large ensuite bedrooms. Extra features - 2 laundry rooms (one on each floor) and an abundance of storage and closet space. Throughout the unit are beautiful rich finishes from floor to ceiling such as hardwood floors, custom lights and blinds to name a few. No words can accurately describe the beauty and thoughtfulness put into this unit. A must see. Full amenity building includes a 24 hour doorman, exercise room, indoor pool & sun deck. Sizes & dimensions on VHT floor plan are approximate, actual may vary.

Features & Amenities

Interior

General:
Bar-Dry, Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Special Millwork, Doorman, Drapes/Blinds, Granite Counters, Lobby, Separate Dining Room, Some Wall-To-Wall Cp
Rooms:
Office, Sitting Room, Utility Room-2nd Floor, Balcony/Porch/Lanai, Walk In Closet
Master Bath:
Separate Shower,Double Sink,Soaking Tub
Dining:
Separate
Laundry:
Electric Dryer Hookup, In Unit, Sink
Basement:
None
A/C:
Central Air, Zoned
Heating:
Electric, Radiant, Sep Heating Systems - 2+, Indv Controls, Zoned
Disability Feature:
None

Exterior

General:
Marble/Granite, Balcony
Parking:
Garage, Parking spaces: 2

Location

HOA Amenities:
Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Restaurant, Sauna, Service Elevator(s), Spa/Hot Tub, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet, 7521.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17032070681156

Utilities

Utilities:
200+ Amp Service
Water:
Lake Michigan,Public
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
Baird & Warner, Judith Pielet

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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