1550 N Lake Shore DR #29D

Chicago,IL 60610

$ 319900

2 Beds

2 Baths

1150 SqFt


Key Details

Property Type Condo

Sub Type Condo

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

Rental Info Yes

Year Built 1960

Annual Tax Amount $4,815

Tax Year 2023

Lot Dimensions COMMON

Property Sub-Type Condo

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

Area Chi - Near North Side

Rooms

Basement None

Interior

Heating Natural Gas,Steam

Cooling Wall Unit(s)

Fireplace N

Exterior

Parking Features Attached

Garage Spaces 1.0

Building

Dwelling Type Attached Single

Story 33

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 ,299, 299

Others

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

Ownership Condo

Special Listing Condition None

Pets Allowed Cats OK,Dogs OK,Size Limit

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