FOR SALE - ACTIVE

1500 N Lake Shore Dr Ph,
Chicago, IL 60610

$8,500,000
Est. $63,191/moGet pre-approved
6
Beds
6.5
Baths
8,000
Sq Ft
map-entry
Price drop
List price was lowered by $1M. Tour it before it's gone!
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About this home

Listed by Timothy Salm Jameson Sotheby's Intl Realty
Redfin checked: 2 minutes ago (Sept 28, 2023 at 3:58am)
Source:MRED #11706848
Home facts
Time on Redfin
245 days
Property Type
Condo (Co-op)
HOA Dues
$10,623/month
Year Built
1927
Community
CHI - Near North Side
Price insights
List Price
$8,500,000
Est. Mo. Payment
$63,191
Price/Sq.Ft.
$1,063
Street View
Directions

Payment calculator

$62,310 per month

949 Redfin customers in IL connected with a lender to get pre-approved last month

Principal and interest$48,570
Property taxes$0*
HOA dues$10,623
Homeowners' insurance$3,117

*Property taxes for co-ops are typically included in HOA dues.

Down payment
20% ($1,700,000)

Home price
$8,500,000

Loan details
7.72%

Additional resources

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Property details for 1500 N Lake Shore Dr Ph

Parking
    Parking Information
  • # Of Cars: 2
  • # of Garage Spaces: 2
  • Parking: Garage
  • Garage Ownership: Transferrable Lease
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Garage Details: 7 Foot or more high garage door
  • Driveway: Side Drive
Interior
    Bathroom Information
  • # of Baths (Full): 6
  • # of Baths (1/2): 1
  • Bath Amenities: Separate Shower,Double Sink,Soaking Tub
    Bedroom Information
  • # of Bedrooms: 6
  • # of Bedrooms Possible: 6
    Room Information
  • Room Type: Bedroom 5
  • Level: Main
  • Dimensions: 15 x 14
    Room Information
  • Room Type: Bedroom 6
  • Level: Second
  • Dimensions: 14 x 16
    Room Information
  • Room Type: Office
  • Level: Main
  • Dimensions: 8 x 9
    Room Information
  • Room Type: Gallery
  • Level: Main
  • Dimensions: 12 x 39
    Room Information
  • Room Type: Foyer
  • Level: Main
  • Dimensions: 12 x 15
    Room Information
  • Room Type: Media Room
  • Level: Second
  • Dimensions: 21 x 18
    Room Information
  • Room Type: Bar/Entertainment
  • Level: Main
  • Dimensions: 15 x 11
    Room Information
  • Room Type: Library
  • Level: Main
  • Dimensions: 14 x 13
    Room Information
  • Room Type: Terrace
  • Level: Main
  • Dimensions: 93 x 38
    Room Information
  • Room Type: Game Room
  • Level: Third
  • Dimensions: 19 x 13
    Room Information
  • Room Type: Bedroom 2
  • Level: Main
  • Dimensions: 14 x 12
    Room Information
  • Room Type: Bedroom 3
  • Level: Main
  • Dimensions: 13 x 17
    Room Information
  • Room Type: Bedroom 4
  • Level: Main
  • Dimensions: 17 x 12
    Room Information
  • Room Type: Dining Room
  • Level: Main
  • Dimensions: 25 x 16
  • Flooring: Hardwood
    Room Information
  • Room Type: Family Room
    Room Information
  • Room Type: Kitchen
  • Type: Eating Area-Table Space,Island,Pantry-Butler,Pantry-Closet
  • Level: Main
  • Dimensions: 16 x 22
  • Flooring: Travertine
    Room Information
  • Room Type: Laundry
  • Level: Main
  • Dimensions: 12 x 12
    Room Information
  • Room Type: Living Room
  • Level: Main
  • Dimensions: 21 x 28
  • Flooring: Hardwood
    Room Information
  • Room Type: Master Bedroom
  • Level: Main
  • Dimensions: 22 x 18
  • Bath: Full
    Additional Rooms Information
  • Dining Room: Separate
  • Basement Description: None
  • Laundry Features: In Unit
    Interior Features
  • Interior Features: Vaulted/Cathedral Ceilings, Bar-Dry, Bar-Wet, Elevator, Hardwood Floors, In-Law Arrangement, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Coffered Ceiling(s), Historic/Period Mlwk, Beamed Ceilings, Special Millwork, Doorman, Lobby, Separate Dining Room
  • # of Rooms: 13
    Equipment
  • Appliances: Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Cooktop, Built-In Oven
    Fireplace Information
  • # of Fireplaces: 1
  • Fireplace Location: Living Room
  • Fireplace Features: Wood Burning, Gas Starter, Masonry
    Community Information
  • Management: Manager On-site
  • Pets Allowed (Y/N): Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Max Pet Weight: 999
Exterior
    Building Information
  • # Of Units in Building: 57
  • Living Area Source: Plans
  • Exterior Building Type: Brick,Stone
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
    Property Information
  • Ownership: Co-op
  • Property Currently Being Leased: No
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • General Information: Historical District
  • Parcel Number: 17031010220000
    Lot Information
  • Dimensions: COMMON
  • WaterfrontYN: Yes
Financial
    Tax Information
  • Tax Annual Amount: $80,229.24
  • Tax Year: 2021
    Financial Information
  • Special Service Area: N
Utilities
    Utility Information
  • Water Source: Lake Michigan
  • Sewer: Public Sewer
    Heating & Cooling
  • Heating: Natural Gas, Electric, Steam, Radiator(s)
  • Cooling: Space Pac, Zoned
Location
    Homeowners Association Information
  • Association Fee: $10,623
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Gas, Parking, Taxes, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee Frequency: Not Required
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Security Door Lock(s), Service Elevator(s), Elevator(s)
    School Information
  • Elementary School District: 299
  • Elementary School: Ogden Elementary
  • Middle Or Junior School District: 299
  • Middle Or Junior School: Ogden Elementary
  • High School District: 299
  • High School: Lincoln Park High School
    Location Information
  • Unit Floor Level: 24
  • Township: North Chicago
  • Corporate Limits: Chicago
  • Directions: The North East Corner of Lake Shore Drive and Burton Place.
Other
    Listing Information
  • Buyer Agency Compensation: 2.5% - $425; PREQUALIFIED BUYERS ONLY
  • 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 1500 N Lake Shore Dr Ph

Public facts and zoning for 1500 N Lake Shore Dr Ph

Beds
Baths
Finished Sq. Ft.
Unfinished Sq. Ft.
Total Sq. Ft.
Stories
24
Lot Size
0.62 Acres
Style
Multi-Family (5+ Unit)
Year Built
1932
Year Renovated
County
Cook County
APN
17031010220000
Home facts updated by county records on Aug 21, 2023.

Additional resources

Zoning

RM-6.5 | Permitted: Single-Family, Two-Family, Multi-Family, Short-Term Rentals, Commercial

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 • 0.7mi

5/10

Franklin Elementary Fine Arts Center

Public, K-8 • Nearby school • 0.5mi

7/10

Lincoln Park High School

Public, 9-12 • Serves this home • 1.2mi

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 1500 N Lake Shore Dr Ph

90/100
Walker's paradise

Walk Score®

75/100
Excellent transit

Transit Score®

91/100
Biker's paradise

Bike Score®

Places

3 groceries, 26 restaurants, 6 parks

Transit

10, 125, 143, 146, 147, 148, 151, 156, 157, 22, 36, 37, 70, 72, 73, 9

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

7 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 1500 N Lake Shore Dr Ph

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

Nearby homes have recently sold between $1,660,000 and $5,100,000.

Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.7M to $5.1M..

Real estate market insights for 1500 N Lake Shore Dr Ph

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
36
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 65 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 1500 N Lake Shore Dr Ph have recently sold between $145K to $2M at an average of $295 per square foot.
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Frequently asked questions for 1500 N Lake Shore Dr Ph

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GreatSchools Ratings provided by GreatSchools.org.