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1240 N Lake Shore Dr

1240 N Lake Shore Dr

1240 N Lake Shore Dr
Condominium Building
Chicago, IL 60610
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

59 Units
32 Stories
1970 Year Built
$599K - $1.5M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • Lincoln Park High School Rated A
  • Fitness Center
  • Rooftop Deck
  • Waterfront
  • 2 min walk to Goudy (William) Square Park

Lakefront living in Chicago's prestigious Gold Coast

1240 N Lake Shore Drive stands as a prominent fixture in Chicago's Gold Coast neighborhood. Completed in 1970, this 32-story condominium tower offers 59 luxurious residences with sweeping views of Lake Michigan and the city skyline. The building's sleek, modern design features floor-to-ceiling windows that maximize natural light and showcase the stunning vistas. Situated in one of Chicago's most elite communities, 1240 N Lake Shore Drive provides residents with an unparalleled blend of urban sophistication and lakefront tranquility.

Spacious layouts with breathtaking views

1240 N Lake Shore Drive offers a range of generously sized residences, from 2-bedroom units to expansive 4-bedroom homes. The 2-bedroom layouts span 1,750 to 2,200 square feet, featuring 2 to 3.5 bathrooms, with prices ranging from $399,900 to $555,000. For those seeking more space, 3-bedroom units offer 1,800 to 4,000 square feet of living area, 2 to 3.5 bathrooms, and are priced between $375,000 and $1,740,000. The most luxurious offerings are the 4-bedroom residences, measuring 2,200 to 4,200 square feet with 3 to 3.5 bathrooms, commanding prices around $2,300,000. Many units boast floor-to-ceiling windows that frame unobstructed views of Lake Michigan, Navy Pier, and the Chicago skyline. Some residences span entire floors, providing 360-degree panoramas and ultimate privacy. High-end finishes are standard throughout, including hardwood floors, custom cabinetry, and designer fixtures. Kitchens often feature top-of-the-line appliances from brands like Gaggenau, Miele, and Sub-Zero, complemented by quartz or granite countertops. Primary suites in larger units may include spacious walk-in closets, some as large as 19x19 feet, and luxurious ensuite bathrooms with steam showers, soaking tubs, and heated floors. Many homes have been thoughtfully updated with modern amenities such as smart home systems, custom lighting, and built-in wine storage. Monthly HOA fees range from $1,900 to $4,800, covering water, insurance, security, doorman services, cable/TV, exercise facilities, exterior maintenance, scavenger services, and snow removal. This comprehensive fee structure ensures residents can enjoy a worry-free lifestyle in this prestigious address.

Luxury services and panoramic rooftop relaxation

1240 N Lake Shore Drive offers a curated selection of amenities designed to enhance the luxury living experience. The crown jewel is the recently renovated rooftop sundeck, providing residents with 360-degree views of the city and lake. This outdoor oasis features multiple grilling stations, comfortable lounge furniture, dining tables, and a fire pit, creating an ideal space for relaxation and entertainment. For fitness enthusiasts, the building houses a well-equipped exercise room, allowing residents to maintain their wellness routines without leaving the premises. A hospitality room on the 33rd floor serves as a perfect venue for private gatherings or social events. The building's commitment to service is evident in its 24-hour door staff, ensuring security and assistance around the clock. Valet parking is available for $200-$225 per month, which includes the convenience of a weekly car wash. Additional storage space and bike storage are provided to accommodate residents' needs. For those who work from home, the building offers common areas that can be utilized for various purposes. Pet owners will appreciate that the building is cat-friendly, though it should be noted that dogs are not permitted. These thoughtfully curated amenities and services create a seamless living experience, blending the privacy of home with the conveniences of a luxury hotel.

Elite Gold Coast living with lakefront charm

The Gold Coast neighborhood, where 1240 N Lake Shore Drive is situated, is renowned for its blend of historic charm and modern luxury. Developed in the late 19th century by some of Chicago's most prominent families, the area has maintained its status as one of the city's most prestigious locales. Residents of 1240 N Lake Shore Drive enjoy immediate access to Oak Street Beach, perfect for morning walks or summer sunbathing. The Lakefront Trail, stretching 19 miles along the shore, offers an ideal path for joggers and cyclists. Nearby parks such as Goudy Square Park and Mariano Park provide additional green spaces for relaxation and recreation. The shopping scene in the Gold Coast is unparalleled. The nearby Magnificent Mile boasts high-end retailers and department stores like Bloomingdale's, Neiman Marcus, and Saks Fifth Avenue. For a more boutique experience, the Oak Street shopping district features luxury brands such as Dolce & Gabbana and Chanel. Culinary enthusiasts will delight in the neighborhood's diverse dining options. Notable restaurants include RL Restaurant, offering classic American fare in a sophisticated Ralph Lauren-designed setting, and Bavette's Bar & Boeuf, an upscale steakhouse known for its dimly lit ambiance and exquisite menu. For those seeking Michelin-starred dining, Alinea, helmed by renowned chef Grant Achatz, is just a short drive away. Cultural attractions abound in the area. The Porchlight Music Theater offers occasional plays and off-Broadway shows, adding to the neighborhood's cultural vibrancy. The Gold Coast's calendar is filled with events that bring the community together. The annual Gold Coast Art Fair transforms the neighborhood into an outdoor gallery, while the nearby Old Town Art Festival has been a Chicago tradition for over 50 years. In winter, residents can enjoy the festive atmosphere of the Christkindlmarket in nearby Daley Plaza. This vibrant neighborhood offers a perfect balance of urban energy and residential tranquility, making 1240 N Lake Shore Drive an ideal home for those seeking the very best of Chicago living.

Effortless city navigation from a prime location

1240 N Lake Shore Drive's prime location in the Gold Coast offers residents convenient access to various transportation options, seamlessly connecting them to the rest of Chicago and beyond. For those who prefer public transit, the Clark/Division Station on the Red Line is just a short five-minute walk away. This line provides quick access to downtown Chicago, including the Loop, and extends north to Howard and south to 95th/Dan Ryan. For those heading to the northwestern suburbs or O'Hare International Airport, the Brown and Purple Lines at Sedgwick Station are accessible within a 20-minute walk or a brief car ride. The building's location allows for easy navigation of the city. Residents can quickly access various parts of Chicago and the surrounding areas. For those traveling further afield, both Chicago O'Hare International Airport and Chicago Midway International Airport are approximately a 25-minute drive away, depending on traffic conditions. The Gold Coast area boasts excellent walkability, with numerous amenities, shops, and restaurants within easy reach on foot. For cycling enthusiasts, the area is very bike-friendly, with easy access to the Lakefront Trail. The building's valet parking service, which includes a weekly car wash, adds an extra layer of convenience for car owners. This strategic location, combined with Chicago's comprehensive transportation network, ensures that residents of 1240 N Lake Shore Drive can easily navigate the city while enjoying the tranquility of their lakefront home.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Outdoor Features

  • Waterfront
  • Sundeck

Amenities

  • Water Views
  • Doorman
  • Rooftop Deck
  • Party Room
  • Recreation Room
  • Coin Laundry
  • Package Room
  • Bike Room
  • Community Storage Space
  • Resident Manager or Management On Site

Parking

  • 1 Garage Space Per Unit
  • 1 Car Garage

Pet Policy

  • Cats Allowed

Condo Association

  • $3,163 Monthly HOA Fees
  • Monthly HOA Fees Range from $2,526 - $3,163
  • Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • Portia Galloway Association, Phone Number (877) 999-6491
  • Property managed by First Service Residential

Building Design

  • High-Rise Condominium
  • Elevator

Unit Features

  • Laundry Room
  • Electric Dryer Hookup

Activity

Views

174

Shares

1

Unit Information

Unit
9B
25A
Beds
3 Beds
3 Beds
Baths
3 Baths
2.5 Baths
Sq Ft
2,000
2,000
Price
$499,000
$449,000
Price / Sq Ft
$250 / Sq Ft
$225 / Sq Ft
List Date
04/30/2025
05/12/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$640,787 - $1,064,283
2 Bedroom Units
Sq Ft Range
1,800
Est. Values
$599,161 - $834,963
3 Bedroom Units
Sq Ft Range
2,000
Est. Values
$601,998 - $1,525,720
4 Bedroom Units
Sq Ft Range
3,800 - 4,245
Est. Values
$640,787 - $891,597
All Units
Sq Ft Range
1,800 - 4,245
Est. Values
$599,161 - $1,525,720

Map

Area Factors

Very Bikeable

Bike Score®

84 / 100

Walker's Paradise

Walk Score®

96 / 100

Excellent Transit

Transit Score®

89 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

62 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$31.0K - $69.4K
Range of Taxes in Building
$5,914 - $16,035
Range of Taxes per Sq Ft
$3.22 - $7.62

Property Tax History

Source: Public Records

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