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Active Under Contract

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

2 Beds

2 Baths

1,150 SqFt

UPDATED:

03/13/2025 01:40 PM

Key Details

Property Type Condo

Sub Type Condo,High Rise (7+ Stories)

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $278

MLS Listing ID 12307895

Bedrooms 2

Full Baths 2

HOA Fees $1,318/mo

Year Built 1960

Annual Tax Amount $4,815

Tax Year 2023

Lot Dimensions COMMON

Property Sub-Type Condo,High Rise (7+ Stories)

Property Description

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. Outstanding opportunity for investors - New owners can rent the unit immediately with no rental restrictions (except for Airbnb).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. One storage locker 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. 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. 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.

Location

State IL

County Cook

Rooms

Basement None

Interior

Heating Natural Gas, Steam

Cooling Wall Unit(s)

Fireplace N

Exterior

Parking Features Attached

Garage Spaces 1.0

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK, Size Limit

HOA Fee Include Heat,Water,Insurance,Doorman,TV/Cable,Exterior Maintenance,Scavenger,Snow Removal

Ownership Condo

Special Listing Condition None

Virtual Tour https://real.vision/1550-north-lake-shore-drive-29d/tour?o=u

Listed by Harry Maisel • @properties Christie's International Real Estate