179 East Lake Shore Drive, Unit 502

Chicago, IL 60611

$780,000
Price
2
Beds
2
Baths
1,852 Sq. Ft.
$421 / Sq. Ft.
1,852
Sq. Ft.
$421
per Sq. Ft.

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,...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.
  1. Listed by James Kinney • Baird & Warner

Property Details for 179 East Lake Shore Drive, Unit 502

Area
CHI - Near North Side
Subdivision
Drake Tower
Township
North Chicago
Ownership
Co-op
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
No
Num of Interior Fireplaces
1
LISTING UPDATED: 09/19/2024 12:06 AM

Property Details for 179 East Lake Shore Drive, Unit 502

StatusActive
MLS #12159401
Days on Market119
Taxes$21,472 / year
HOA Fees$2,476 / month
Condo/Co-op Fees-
Compass TypeCo-op
MLS TypeAttached Single / Vintage
Year Built1928
CountyCook County

Building

179 E Lake Shore Dr

65 Units30 StoriesBuilt in 1928

Building Information for 179 East Lake Shore Drive, Unit 502

Building/Complex179 E Lake Shore DrFloor5Stories30Residences65Pet PolicyAllowedYear Built1928

Property Information for 179 East Lake Shore Drive, Unit 502

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Heated
  • Garage On Site: true
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Lowest Parking Fee: $200.00
  • Parking: Garage
Pet Information
  • Max Pet Weight: 0.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
Location and General Information
  • Front Exposure: North, East, City, Lake/Water
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Taxes, Common Insurance, Security System, Doorman, TV/Cable, Exercise Facilities, Lawn Care, Scavenger, Snow Removal
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Hardwood Floors, First Floor Bedroom, Storage
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator, Business Center
  • Num Of Rooms: 5
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 5
  • Fireplace Features: Wood Burning, Gas Log
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Central Air, Space Pac
  • Basement Description: None
  • Basement Bathrooms: No
  • Fireplace Location: Living Room
  • Room Type: Foyer, Other Room
  • Num of Baths: 2.0
Exterior Features
  • Type: Vintage
Utilities / Equipment
  • Sewer: Other
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Type Attached: Vintage
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: 1852 SQUARE FEET
  • Stories Total: 30
  • Total # Units in Building: 58.0
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Brick, Stone
  • General Information: None
  • North Coordinate: 980
  • South Coordinate: 0
  • East Coordinate: 179
  • West Coordinate: 0
  • Living Area Source: Plans
  • Management: Manager On-site,Self-Management
  • Management Company: Self-managed
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-09-13T17:48:54
  • Photos Count: 29
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 15X21
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X15
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 16X11
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 7X14
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 16X22
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 7X16
Other Room Information
  • Room Level: Main
  • Room Type: Other Room
  • Deck Dimensions: 6X17

Property History for 179 East Lake Shore Drive, Unit 502

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 179 East Lake Shore Drive, Unit 502

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Salazar Elementary Bilingual Center
PublicPK to 8

Payton College Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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179 East Lake Shore Drive, Unit 502 is a co-op for sale in Chicago, IL 60611. This property was listed for sale on September 13, 2024 by Baird & Warner, it's currently listed at $780,000. This listing's school district is Chicago Public Schools. Nearby schools include Ogden Elementary School, Wells Community Academy High School and Salazar Elementary Bilingual Center. 179 East Lake Shore Drive, Unit 502 is a 2-bed, 2-bath, 1,852 sqft co-op built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/19/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.