NOT LISTED FOR SALE

1240 N Lake Shore Dr, Unit 5A Chicago, IL 60610

Gold Coast Neighborhood

Estimated Value: $617,000 - $737,000

3 Beds
3 Baths
2,000 Sq Ft
$341/Sq Ft Est. Value

About This Home

Live with the best lake and city views on Lake Shore Drive In this boutique building with only two units per floor. A gracious foyer with a a granite floor opens to all rooms. An impressive 2,000 square feet updated home that features 3 large bedrooms, 2.5 bathrooms bathrooms, and ample and open concept living and dining room with floor to ceiling windows. Panoramic lake views with the city skyline and navy pier off in the distance! Renovated kitchen with breakfast bar with lake views. Huge master suite features updated bathroom with walk-in shower, oversized vanity and large closet with tons of storage . All three bedrooms have West-facing views. In-unit laundry and extra storage included. Valet heated parking spaces available. Full amenity building with 24 hour doorman, fitness center and party room. Recently renovated massive sundeck with new grills, outdoor seating and breathtaking lake and city views. Avail 9/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Fakhran Sami and Fakhran Salma
Current Estimated Value
$681,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fakhran Sami $560,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakhran Sami $366,900
Closed Fakhran Sami $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Rented $6,000 0.0% --
08/10/2023 08/10/23 Under Contract -- -- --
08/02/2023 08/02/23 Price Changed $6,000 -7.7% $3 / Sq Ft
07/05/2023 07/05/23 For Rent $6,500 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,721 $59,700 $4,494 $55,206
2023 $7,721 $63,000 $3,618 $59,382
2022 $7,721 $63,000 $3,618 $59,382
2021 $7,350 $62,999 $3,618 $59,381
2020 $7,585 $58,994 $2,532 $56,462
2019 $7,562 $64,018 $2,532 $61,486
2018 $7,447 $64,018 $2,532 $61,486
2017 $7,974 $51,788 $2,026 $49,762
2016 $8,270 $51,788 $2,026 $49,762
2015 $8,666 $51,788 $2,026 $49,762
2014 $7,631 $45,533 $1,628 $43,905
2013 $8,281 $45,533 $1,628 $43,905
Source: Public Records

Agents Affiliated with this Home

  • Peter Moore

    Seller's Agent in 2023

    Peter Moore

    Baird Warner

    (312) 371-9422

    159 Total Sales

    Peter Moore
    Section Image
  • Ginny Zerang

    Buyer's Agent in 2023

    Ginny Zerang

    Berkshire Hathaway HomeServices Chicago

    (847) 910-5764

    45 Total Sales

    Ginny Zerang
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About This Building

Map

Illinois Cook County Chicago 60610 Gold Coast

1240 N Lake Shore Dr Unit 5A, Chicago, IL

This home is located at 1240 N Lake Shore Dr Unit 5A, Chicago, IL 60610 and is currently estimated at $681,433, approximately $340 per square foot. 1240 N Lake Shore Dr Unit 5A is a home located in Cook County with nearby schools including Ogden Elementary School, Lincoln Park High School, and The Latin School Of Chicago.

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 to be accurate and should be independently verified.

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