50 East Chestnut Street, Unit 501

Chicago, IL 60611

$2,200,000
Price
3
Beds
3
Baths
1
1/2 Bath
3,904 Sq. Ft.
$564 / Sq. Ft.
3,904
Sq. Ft.
$564
per Sq. Ft.

Description

Discover incredible value with this property - a major deal offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. The sellers are eager to sell quickly at this aggressive price, now $1.2 million lower than the original asking price. This stunning unit offers luxury living at its finest, just steps from Magnificent Mile, fine dining, grocery stores, retail shops, and the Chicago lakefront. In this boutique building in the heart of...Discover incredible value with this property - a major deal offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. The sellers are eager to sell quickly at this aggressive price, now $1.2 million lower than the original asking price. This stunning unit offers luxury living at its finest, just steps from Magnificent Mile, fine dining, grocery stores, retail shops, and the Chicago lakefront. In this boutique building in the heart of the Gold Coast, every floor is home to one resident. Take a private elevator from your heated garage parking, and walk directly into your unit for the ultimate privacy. Step inside to find your stunning 3 bedroom, 3.5 bath home, complete with gorgeous designer finishes throughout. A sleek eat-in kitchen with Wolf and Subzero appliances offers the perfect spot for meals at home, and large windows in your expansive living and dining rooms welcome lots of natural light. This unit also boasts four fireplaces and a fire feature on the terrace, making for cozy nights in every room during our fall and winter seasons! The primary suite offers a large walk-in closet, a spa-like en suite bathroom, and direct terrace access. A spacious home gym easily converts into an additional bedroom or office space. Outside, enjoy the only wraparound private terrace in the building. It offers great space for entertaining and dining, as well as plenty of room for pets to roam and run. The building offers an additional communal terrace, a dog run, a fitness center, and 24 hour door staff, as well as large storage lockers and a bike storage room. Two indoor parking spaces included in asking price. Please note 3rd bedroom measurements prior to scheduling a showing. Sellers use this space as a workout studio/office but it can easily be transitioned back into a 3rd bedroom. Includes a spa-like shower in the room. If you've been waiting for a unit that has it all in the heart of the city, look no further!
  1. Listed by Bari Mill • Coldwell Banker Realty
  2. Listed by Dawn McKenna • Coldwell Banker Realty

Property Details for 50 East Chestnut Street, Unit 501

Area
CHI - Near North Side
Township
North Chicago
Ownership
Condo
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Pets Allowed
Yes
LISTING UPDATED: 09/09/2024 02:47 PM

Property Details for 50 East Chestnut Street, Unit 501

StatusActive
MLS #11919697
Days on Market494
Taxes$60,560 / year
HOA Fees$4,342 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built2007
CountyCook County

Building

50 E Chestnut St

34 Units38 StoriesBuilt in 2007

Building Information for 50 East Chestnut Street, Unit 501

Building/Complex50 E Chestnut StFloor5Stories38Residences34Pet PolicyAllowedYear Built2007

Property Information for 50 East Chestnut Street, Unit 501

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: Owned
  • Garage Type: Attached
  • Parking: Garage
Pet Information
  • Max Pet Weight: 75.0
  • Pet Information: Cats OK, Dogs OK
Location and General Information
  • Front Exposure: North, South, East, West, City, Lake/Water
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Security System, Doorman, TV/Cable, Exterior Maintenance, Internet Access
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Elevator, Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • Num Of Rooms: 7
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 5
  • Bath Amenities: Double Sink
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Basement Description: None
  • Room Type: Foyer, Other Room
  • Num of Baths: 3.1
Exterior Features
  • Type: Condo
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Appliances: Oven-Double, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Attached: Condo
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 38
  • Total # Units in Building: 34.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Glass, Concrete
  • General Information: None
  • North Coordinate: 860
  • South Coordinate: 0
  • East Coordinate: 50
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Management Company: DK Condo
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-10-30T16:57:24
  • Photos Count: 65
  • OpenHouse Count: 1
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: 17X17
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 12X13
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 11X14
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: 20X16
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 18X15
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 16X18
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 25X17
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 9X13
Other Room Information
  • Room Level: Main
  • Room Type: Other Room
  • Deck Dimensions: 13X31

Property History for 50 East Chestnut Street, Unit 501

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 50 East Chestnut Street, Unit 501

Taxable ValueLand$8,120Additions$291,847Total$299,967
Tax Record2022$61,698 ($5,141 / month)
Home Facts
Beds0Lot Size11,206 SqFtStyleCondominiumYear Built2005CountyCOOKAPN17-03-217-018-1001

Schools near 50 East Chestnut Street, Unit 501

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

50 East Chestnut Street, Unit 501 is a condo for sale in Chicago, IL 60611. This property was listed for sale on October 30, 2023 by Coldwell Banker Realty, it's currently listed at $2,200,000. It has been on the market for a total of 494 days and was last sold on November 1, 2017. 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. 50 East Chestnut Street, Unit 501 is a 3-bed, 3.5-bath, 3,904 sqft condo built in 2007.

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.

Listing Courtesy of Coldwell Banker Realty

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 09/09/2024 02:47 PM. 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.