Address
1550 N Lake Shore Drive # 2C, Chicago, IL
Price
$ 237,500
Property Attributes
  • MLS#11750956
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • Zip60610
  • StyleCondo
  • Year Built1958
  • Taxes$ 3692
  • Price$ 237,500
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Bring all offers! Rarely available and conveniently located Gold Coast condo. Elevator or walk up the stairs to this spacious and bright second floor home. Unit Features: hardwood floors, stainless steel appliances, granite countertops, ample closet space, and updated bath. Building features: common laundry room, community library, an exercise room, service elevator, and street level stamped concrete patio. Monthly assessment: $587.61 (includes RCN Cable TV & Internet, heat, water, trash removal, snow removal, common area maintenance, and door staff/management). Additional monthly reserve assessment: $310.19 (voted on annually by the Board and will continue for all of 2023). Total monthly assessment: $897.80. Valet parking offered in the attached heated parking garage for $245/monthly. Bike room fee: $50/yr. per bike. Conventional financing and Cash ONLY - FHA and VA financing is not permitted in the building. 79% owner occupied. Investor friendly - no rental cap! No short-term rentals allowed (i.e. no Airbnb). Minimum 1 year leasing agreement required. Current reserves: $1.6 million (as of November 2022). No upcoming special assessments. Maximum 2 pets allowed per unit. 50-lb. weight maximum when fully grown. No Pitbulls, Rottweilers, Dobermans, Chow Chows, Akitas, or cross breeds of any of the aforementioned dog breeds are permitted. Board interview required. Board has "Right of First Refusal" with a 30-day Board approval. Non-refundable move-in/move-out fees: $350. Monday-Friday moves ONLY. $3.5 million was spent for the remodeled lobby and exterior facade work (2017).

Price History
4/3/2023 Listed $250,000
7/11/2023 2% - $245,000
9/12/2023 3% - $240,000
10/24/2023 2% - $237,500

General Features

Sewer Public Sewer
Heating Steam
Cooling Window/Wall Units - 2
Possession Closing
HOA 898
Garage Spaces 1
Association Fee Includes Heat,Water,Doorman,TV/Cable,Exercise Facilities,Exterior Maintenance,Scavenger,Snow Removal,Internet
Pets Allowed Cats OK,Dogs OK
Year Built 1958
Township North Chicago
Unit Number 2C
Tax Year 2021
Percent Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction No
Property Type Residential
Total Rooms 2
Status Active
Directions LAKE SHORE DRIVE AT NORTH AVE
City Chicago
High School District 299
MLS Area CHI - Near North Side
Waterfront Y/N No
Street Name Lake Shore
Tax Annual Amount 3692.73
Days on Market 212
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Attached Single
Sub Type Condo

Interior Features

Basement None
Total Stories 33
Full Baths 1
Street Suffix Drive
Total Bedrooms 1
Room Type No additional rooms
LivingAreaSource Not Reported
Total Baths 1
Bedrooms Possible 1
Basement None
Total Number of Units 193

Exterior Features

Water Source Lake Michigan
Total Parking 1
Lot Dimensions CONDO
Garage Onsite Yes
Garage Type Attached
Garage Ownership Fee/Leased
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 60610

Price
AVG $1.02M
$240K
Taxes
AVG $17,591
$3,692
Visits
AVG 113
860
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1958
Walkscore
AVG 95
89
Data Provided by Walkscore® not using MLS data