Homes for sale - 179 E LAKE SHORE Drive #502, Chicago, IL 60611

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Deborah Benn

deb@starckre.com +1(773) 663-5596

$730,000

Est. payment - /mo

2 Beds

2 Baths

1,852 SqFt

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UPDATED:

01/08/2025 06:07 AM

Key Details

Property Type Condo

Sub Type Vintage

Listing Status Active

Purchase Type For Sale

Square Footage 1,852 sqft

Price per Sqft $394

Subdivision Drake Tower

MLS Listing ID 12159401

Bedrooms 2

Full Baths 2

HOA Fees $2,476/mo

Year Built 1928

Annual Tax Amount $21,472

Tax Year 2022

Lot Dimensions 1852 SQUARE FEET

Property Description

An opportunity to own one of the few two-bedroom residences on prestigious E Lake Shore Drive, home to Chicago's grand pre-war co-ops. Situated in the coveted Drake Tower, the spacious 1,852 square foot floor plan offers desirable north views of the lake and park from the 33-foot living room and large primary suite. The 2021 renovation transformed the kitchen with modern high-gloss cabinetry, the best appliances including a Bertazzoni gas cooktop and oven, a Bosch dishwasher, a Fisher & Paykel refrigerator, and a wine cooler. The new primary bath was enhanced with marble and modernized with a walk-in shower. Unique to this apartment is a bonus room that could be built-out as an office or a large walk-in closet. This elegant home features classic waxed wood floors, nine and half foot ceilings, an original 1928 marble fireplace, and original hardware designed by the building's architect Benjamin Marshall. The SpacePak air conditioning and new washer/dryer provide modern conveniences. With only 68 residences, shareholders enjoy personal, white glove service from a 24-hour door staff and an elevator operator, an on-site property manager, a live-in engineer and full maintenance staff. Exclusive amenities include a temperature-controlled wine cellar, a state-of-the art exercise room, and a planted terrace. Parking is conveniently located in the attached garage for $200/month, and guest parking is available. Pets are welcome and there is no weight limit for dogs. Contracts are subject to board approval and 50% financing is permitted. The total monthly assessment including property taxes is $4,265.

Location

State IL

County Cook

Rooms

Basement None

Interior

Interior Features Hardwood Floors, First Floor Bedroom, Storage

Heating Radiator(s)

Cooling Central Air, Space Pac

Fireplaces Number 1

Fireplaces Type Wood Burning, Gas Log

Fireplace Y

Laundry In Unit, Laundry Closet, Sink

Exterior

Parking Features Attached

Garage Spaces 2.0

Community Features Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s), Business Center

View Y/N true

Building

Sewer Other

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK, Number Limit

HOA Fee Include Heat,Water,Taxes,Insurance,Security,Doorman,TV/Cable,Exercise Facilities,Lawn Care,Scavenger,Snow Removal

Ownership Co-op

Special Listing Condition List Broker Must Accompany

Read Less Info

Listed by James Kinney • Baird & Warner

"If you want to find out more about this property, fill out this form and I'll provide you with all the details!"

- Deborah Benn

+1(773) 663-5596

deb@starckre.com

181 South Bloomingdale Road Suite 101, Bloomingdale, IL, 60108, United States

179 E LAKE SHORE Drive #502 Chicago, IL 60611