A rating for the building relative to other buildings of the same type throughout the country.Learn more
59Units
32Stories
1970Year Built
$507K - $1.5MValue 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.
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
$2,893 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, internet
First Community Management Association, Phone Number (312) 829-8950
Collateral AnalyticsCollateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Black Knight®Black Knight
Black Knight’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
First AmericanFirst American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Quantarium
Current List Price
Sold Price
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.
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
Goudy (William) Square Park
2 min walk
Playground
Oak Street Beach
4 min walk
Bike Trails
Trails
Volleyball
Lakefront Park
6 min walk
Lake
Multi-Purpose Field
Mariano (Louis) Park
7 min walk
Connors Park
11 min walk
Concessions
Multi-Purpose Field
Jane Byrne Plaza
11 min walk
Seneca Park
12 min walk
Picnic Area
Playground
Multi-Purpose Field
Washington Square Park
13 min walk
Botanical Gardens
Multi-Purpose Field
Seward Park
15 min walk
Baseball/Softball
Basketball
Playground
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.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
