1550 N Lake Shore Drive 29D, Chicago, IL 60610

$359,900 Asking Price

2 beds
2 baths
1,150  sqft
Built in 1960

This rarely available 2-bedroom, 2-bath high floor condo offers stunning, unobstructed views of the lake and city, stretching all the way to Navy Pier. Located in the coveted Gold Coast, this is one of only 9 units of its kind in the building. Estate Sale "AS-IS" and priced for a quick closing. The unit does need updating, but the scope of work can be tailored to the new owner's preferences. The building is a full amenity property currently undergoing riser replacement, with one bathroom already completed and the primary bath in progress. The special assessment for the riser project has been fully paid off by the current owner. Additional building upgrades include elevator modernization and new roof decks (2024). No further major projects are planned. New owners can rent the unit immediately with no rental restrictions (except for Airbnb). One storage unit will be transferred with the condo and that it is rare to have a personal storage cage. Garage parking is leased and very inexpensive for the neighborhood. Great condo home for those who want to customize a condo and always have incredible views, or perfect for the owner/investor, or rehabber/flipper. The location is ideal: direct access to the lakefront, running and biking paths, Lincoln Park and the Lincoln Park Zoo, as well as fantastic restaurants, shopping, coffee shops, gyms, and grocery stores.

Features & Amenities

Interior

Rooms:
No additional rooms
Basement:
None
A/C:
Window/Wall Units - 3+
Heating:
Natural Gas, Steam
Disability Feature:
None

Exterior

General:
Brick
Parking:
Garage, Parking spaces: 1

Location

HOA Amenities:
Heat, Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, 1318.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17031010291179

Utilities

Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
@properties Christie's International Real Estate, Harry Maisel

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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