FOR SALE - ACTIVE

1040 N Lake Shore Dr Unit 7C,
Chicago, IL 60611

$1,985,000
Est. $17,211/moGet pre-approved
3
Beds
3.5
Baths
3,050
Sq Ft
map-entry

About this home

Listed by Margaret Carlson Berkshire Hathaway HomeServices Chicago
Redfin checked: 3 minutes ago (Sept 23, 2023 at 2:59pm)
Source:MRED #11865289
Home facts
Time on Redfin
33 days
Property Type
Condo
HOA Dues
$2,837/month
Year Built
1964
Community
CHI - Near North Side
Price insights
List Price
$1,985,000
Est. Mo. Payment
$17,211
Price/Sq.Ft.
$651
Buyer’s Agent Commission
2.5%
Street View
Directions

Payment calculator

$17,067 per month

Principal and interest$11,259
Property taxes$2,243
HOA dues$2,837
Homeowners' insurance$728
Down payment
20% ($397,000)

Home price
$1,985,000

Loan details
7.64%

Additional resources

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Property details for 1040 N Lake Shore Dr Unit 7C

Parking
    Parking Information
  • # Of Cars: 1
  • # of Garage Spaces: 1
  • Parking: Garage
  • Garage Ownership: Transferrable Lease
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Garage Details: Heated
Interior
    Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • Bath Amenities: Separate Shower,Steam Shower,Double Sink,Bidet,Soaking Tub
    Bedroom Information
  • # of Bedrooms: 3
  • # of Bedrooms Possible: 3
    Room Information
  • Room Type: Foyer
  • Level: Main
  • Dimensions: 9 x 5
  • Flooring: Hardwood
    Room Information
  • Room Type: Gallery
  • Level: Main
  • Dimensions: 14 x 7
  • Flooring: Hardwood
    Room Information
  • Room Type: Balcony/Porch/Lanai
  • Level: Main
  • Dimensions: 33 x 5
  • Flooring: Other
    Room Information
  • Room Type: Balcony/Porch/Lanai
  • Level: Main
  • Dimensions: 30 x 7
  • Flooring: Other
    Room Information
  • Room Type: Bedroom 2
  • Level: Main
  • Dimensions: 17 x 16
  • Flooring: Hardwood
    Room Information
  • Room Type: Bedroom 3
  • Level: Main
  • Dimensions: 15 x 11
  • Flooring: Hardwood
    Room Information
  • Room Type: Bedroom 4
    Room Information
  • Room Type: Dining Room
  • Level: Main
  • Dimensions: 15 x 13
  • Flooring: Hardwood
    Room Information
  • Room Type: Family Room
    Room Information
  • Room Type: Kitchen
  • Level: Main
  • Dimensions: 20 x 11
  • Flooring: Hardwood
    Room Information
  • Room Type: Laundry
  • Level: Main
  • Dimensions: 12 x 6
  • Flooring: Other
    Room Information
  • Room Type: Living Room
  • Level: Main
  • Dimensions: 25 x 18
  • Flooring: Hardwood
    Room Information
  • Room Type: Master Bedroom
  • Level: Main
  • Dimensions: 20 x 16
  • Flooring: Hardwood
  • Bath: Full
    Additional Rooms Information
  • Basement Description: None
  • Laundry Features: In Unit, Sink
    Interior Features
  • Interior Features: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • # of Rooms: 6
    Equipment
  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Refrigerator
    Fireplace Information
  • # of Fireplaces: 3
  • Fireplace Location: Family Room,Living Room,Master Bedroom
  • Fireplace Features: Electric
Exterior
    Exterior Features
  • Exterior Features: Balcony, Roof Deck, Storms/Screens, Outdoor Grill, Cable Access
    Building Information
  • # Of Units in Building: 130
  • Living Area Source: Estimated
  • Exterior Building Type: Brick,Limestone
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
    Property Information
  • Ownership: Condo
  • Property Currently Being Leased: No
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2013
  • Disability Access and/or Equipped: Yes
  • Parcel Number: 17032020611015
    Lot Information
  • Dimensions: COMMON
Financial
    Tax Information
  • Tax Annual Amount: $26,913.70
  • Tax Year: 2021
    Financial Information
  • Special Service Area: N
Utilities
    Utility Information
  • Water Source: Lake Michigan
  • Sewer: Public Sewer
    Heating & Cooling
  • Heating: Electric, Radiant
  • Cooling: Central Air, Zoned
Location
    Community Information
  • Management: Manager On-site,Monday through Friday
  • Pets Allowed (Y/N): No
  • Pets Allowed: No
    Homeowners Association Information
  • Association Fee: $2,837
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Security, Security, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee Frequency: Not Required
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
    School Information
  • Elementary School District: 299
  • Middle Or Junior School District: 299
  • High School District: 299
    Location Information
  • Unit Floor Level: 7
  • Township: North Chicago
  • Corporate Limits: Chicago
  • Directions: LAKE SHORE DRIVE BETWEEN CEDAR AND BELLEVUE. ENTER PRIVATE DRIVEWAY FROM BELLEVUE
Other
    Listing Information
  • Buyer Agency Compensation: 2.5%-$495
  • BuyerAgencyCompensationType: Net Sale Price
  • Holds Earnest Money: Yes
  • Possession: Closing
Details provided by MRED and may not match the public record. Learn more.

Sale and tax history for 1040 N Lake Shore Dr Unit 7C

Public facts and zoning for 1040 N Lake Shore Dr Unit 7C

Beds
Baths
Finished Sq. Ft.
Unfinished Sq. Ft.
Total Sq. Ft.
Stories
Lot Size
Style
Condo/Co-op
Year Built
Year Renovated
County
Cook County
APN
17032020611015
Home facts updated by county records on Aug 21, 2023.

Additional resources

Zoning

DR-10 | Permitted: Single-Family, Two-Family, Multi-Family, Short-Term Rentals, Commercial

About this building

14 for sale
1040 N Lake Shore Dr Chicago, IL, 60611
Photo via 1040 N Lake Shore Dr Unit 11D
Units for sale
$1,249,0002 beds3.5 baths2600 sq ft
$1,529,9002 beds2.5 baths2300 sq ft
$1,600,0002 beds2.5 baths2300 sq ft
$1,649,0002 beds2.5 baths2300 sq ft
$1,445,0003 beds4.5 baths3050 sq ft
$1,495,0003 beds4.5 baths3020 sq ft
$1,595,0003 beds3.5 baths2800 sq ft
$1,695,0003 beds3.5 baths sq ft
$1,850,0003 beds2.5 baths3020 sq ft
$1,890,0003 beds4.5 baths3030 sq ft

Schools

This home is within the City of Chicago School District 299.
Showing nearby schools. Please check the school district website to see all schools serving this home.
GreatSchools Summary Rating
3/10

Ogden Elementary School

Public, PreK-8 • Serves this home • 0.3mi

4/10

Salazar Elementary Bilingual Center

Public, PreK-8 • Nearby school • 0.5mi

7/10

Lincoln Park High School

Public, 9-12 • Serves this home • 1.6mi

School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.

Around this home

Transportation near 1040 N Lake Shore Dr Unit 7C

94/100
Walker's paradise

Walk Score®

83/100
Excellent transit

Transit Score®

82/100
Very bikeable

Bike Score®

Places

0 groceries, 23 restaurants, 2 parks

Transit

10, 120, 121, 125, 143, 146, 147, 148, 151, 156, 157, 2, 22, 26, 3, 36, 66, 70, 850, 851, 855

Climate risks

About climate risks

Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.

Risk Factor

Flood Factor - Minimal

Unlikely to flood in next 30 years

Fire Factor - Minimal

Unlikely to be in a wildfire in next 30 years

Heat Factor - Minor

6 days above 100° expected this year, 12 days in 30 years

Wind Factor - Minor

2% chance of strong winds in next 30 years

Provided by First Street Foundation

Redfin Estimate for 1040 N Lake Shore Dr Unit 7C

We cannot show automated home-value estimates for this home. 
 

Nearby homes have recently sold between $630,000 and $2,025,000.

Real estate market insights for 1040 N Lake Shore Dr Unit 7C

Condo sales (last 30 days)

Condos/Co-ops trends in Central Chicago

Median Sale Price
(Condos/Co-ops)
$370,000
-0.54% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Central Chicago
$370,000
-0.54%
See more market trends in Central Chicago

Market competition in Central Chicago

Calculated over the last 3 months
37
Somewhat Competitive
Redfin Compete Score
0
100
  • Some homes get multiple offers.
  • The average homes sell for about 1% below list price and go pending in around 64 days.
  • Hot homes can sell for about 2% above list price and go pending in around 38 days.

What it takes to win an offer near Central Chicago

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Nearby homes similar to 1040 N Lake Shore Dr Unit 7C have recently sold between $335K to $2M at an average of $325 per square foot.
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Frequently asked questions for 1040 N Lake Shore Dr Unit 7C

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GreatSchools Ratings provided by GreatSchools.org.