$229,999 Est. $818 / mo.*

1550 N Lake Shore Drive Unit 15d Chicago , IL 60610

Description

1 Bed
1 Bath
800 Sqft
Status: Active Under Contract
Property Type: Condominium
Year Built: 1960
Days on Website: 86
(HIGHLY MOTIVATED) Imagine leaving your spectacular lobby on a beckoning summer day. Lake Michigan dotted with sailboats shimmers before you, its warm beaches a five-minute walk, Lincoln Park's 1200-acre greenery a two-minute stroll. This is 1550 Lake Shore Drive -- right in the heart of Chicago's historical Gold Coast. Unit 15D also captures these moments thanks to its captivating lake and city views from its spacious living room and bedroom. Sustainable flooring in the living room, foyer and hallway -- brand new textured carpeting in the bedroom, beautifully updated bathroom and tons of closet space and storage. There's even a pantry in the well-laid-out kitchen and a new fridge and stove. WASHER and DRYER may be installed. Elegant secure building with recently renovated marble lobby and updated hallways, onsite M-F management, 24-hour doorperson and a perpetual emergency $1m reserve fund. Amenities include a well-appointed exercise room and lending library, immaculately maintained laundry room with heavy-duty commercial equipment, large freight elevator, meeting room, extensive remodeled roof deck and first-floor Lake Shore Drive patio to watch the world go by or the annual Air Show and twice-weekly fireworks. Investor-friendly with 79% owner occupancy, there is no rental cap but a 12-month lease requirement. Additional completed capital projects include elevator modernization, horizontal riser replacement, new boilers, tuckpointing and others. Monthly assessment includes heat, water, Wi-Fi/cable; monthly electric bill average $29.68. The heated attached garage offers valet parking for $245 a month and a protected bike and scooter cage for $50 a year. No.151 bus stops right outside -- 15-minute walk to L. Easy access to bike and hiking trails, Old Town, Gibson Triangle, restaurants, nightlife, Michigan Avenue shopping, museums and all of Chicago's most popular draws. Tour this while it's still available.

Property Details and Features

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Matt Leutheuser

312 .929 .1562 773 .531 .1867