Waterfront - Primary on Main
Address
179 E LAKE SHORE Drive # 502 Chicago, IL
Price
$ 850,000
Property Attributes
  • MLS#11222685
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodDrake Tower
  • Zip60611
  • StyleVintage
  • Year Built1928
  • Taxes$ 21472
  • Price$ 850,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1852
Listing Provided Courtesy Of:
Jameson Sotheby's Int'l Realty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

The Drake Tower is Chicago's coveted pre-war co-op on landmarked E Lake Shore Drive with attached garage parking and indoor access to the Drake Hotel. Residences in this sought after full-service cooperative feature grand rooms, wood or gas burning fireplaces, and stunning lake, park, and city views. While the majority of apartments are over 3,000 square feet, residence 502 is one of the few 1,852 square foot two-bedroom units with 9' 6" ceilings and an in-unit storage room that could easily be converted to an office. Renovated in 2021, this sophisticated apartment with SpacePak air conditioning features an all-new kitchen with Studio 41 high-gloss kitchen cabinetry, quartz countetops, Bertazzoni gas cooktop and oven, a Bosch dishwasher, Fisher & Paykel refrigerator, and a wine refrigerator. There is a new Carrara marble primary bathroom with a walk-in shower, a second en-suite bathroom, a washer/dryer, and newly refinished hardwood floors. An elegant apartment in Benjamin Marshall's renowned Drake Tower.

Price History
9/17/2021 Listed $850,000

General Features

Additional Parcels Y/N No
Association Amenities Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s), Business Center
Association Fee Includes Heat, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Lawn Care, Scavenger, Snow Removal
Basement None
City Chicago
Cooling Central Air, Space Pac
County Cook
Days on Market 11
Directions East of Drake Hotel on East Lake Shore Drive, across from Lake Michigan.
Elementary School District 299
Garage Spaces 2
HOA Fee 2476
HOA Fee Frequency Monthly
Heating Radiator(s)
High School District 299
Interior Features Hardwood Floors, First Floor Bedroom, Storage
MLS Area CHI - Near North Side
Middle/Junior School District 299
New Construction No
Ownership Co-op
Pets Allowed Cats OK, Dogs OK, Number Limit
Possession Closing
Property Type Attached Single
Property Type Residential
Sewer Other
Standard Status Active
Status Active
Street Name LAKE SHORE
Subdivision Name Drake Tower
Tax Annual Amount 21472
Tax Year 2020
Total Rooms 5
Township North Chicago
Unit Number 502
Year Built 1928

Interior Features

Basement None
Bedrooms Possible 2
Fireplace Features Wood Burning, Gas Log
Full Baths 2
Laundry Features In Unit, Laundry Closet, Sink
Living Area 1852
Livingareasource Plans
Room Type Foyer, Other Room
Street Suffix Drive
Total Baths 2
Total Bedrooms 2
Total Fireplaces 1
Total Stories 30
Window Features Curtains/Drapes, Window Treatments

Exterior Features

Exterior Brick, Stone
Garage Onsite Yes
Garage Ownership Fee/Leased
Garage Type Attached
Lot Dimensions 1852 SQUARE FEET
Water Source Lake Michigan
Waterfront Y/N Yes

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 60611

Price
AVG $1.16M
$850K
Taxes
AVG $17,909
$21,472
Visits
AVG 115
26
Year Built
AVG 1978
1928
Walkscore
AVG 96
97
Data Provided by Walkscore ® not using MLS data

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