Seller's Agent in 2024
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
30 in this area
182 Total Sales
6
Beds
6.5
Baths
8,000
Sq Ft
$10,623/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Waterfront
- Lincoln Park High School Rated A
- Home Theater
- Lock-and-Leave Community
About This Home
As of August 2024Rich in scale, history and presentation, this prewar duplex penthouse in the Gold Coast is in a real estate echelon all its own. Perched atop the luxe co-op residences at 1500 N. Lake Shore Dr., encompassing the entire 24th and 25th floors overlooking Lake Michigan, this spectacular residence boasts 8,000 sq ft of interior living space and 5,000 sq ft of private outdoor space, including a massive, east-facing terrace with a lawn, manicured gardens, a Roman fountain, and fabulous city and lake views. The building itself is a Chicago institution. Built in 1927 and designed by New York architect Rosario Candela with Chicago firm McNally & Quinn, the building has been home to many prominent Chicago families over the years. The penthouse, however, was built especially for the building's original owner, and has rarely changed hands in the last century. World-class, artisan details like stained glass windows, stone friezes, hand-carved wood doors, and original bronze hardware are found throughout, beginning with a private entry foyer that connects to a 39'-long, walnut-paneled gallery hall with vaulted, hand-frescoed ceilings. The living and entertaining footprint on the main level features a formal dining room, a showpiece living room, a handsome bar/lounge, two offices, a modern chef's kitchen, and three amazing terraces. The living room stuns with 20'-high, coffered ceilings, and a stone fireplace, and affords access to both the yard and the north terrace. The kitchen flaunts custom cabinetry, professional grade appliances, a marble-topped island and counters, and an informal dining area. Four of the home's bedrooms currently live on the main level as well, each with its own unique footprint and architectural details. There's also a spacious, lake-facing room with its own private patio with lounge and fire pit, two generous closets, and a custom, marble-clad en-suite bath that could serve as a stunning primary suite or an epic family room. The home's original limestone staircases have been beautifully preserved, and lead to the second level via three access points. Here, a sixth en-suite bedroom, a sauna room, and more flexible space reside. Plus, there's a partial third floor with a game room/bar and additional storage spaces. White-glove building amenities include a full-time door staff, an on-site manager, and a live-in engineer. This property includes valet parking and pets are welcome. With pedigree and proximity to Lincoln Park, the lakefront, and the best of Chicago's first-class dining and shopping, the penthouse at 1500 N. Lake Shore Dr. is uncompromising, luxury living at its finest.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475133721 Listed on: 01/25/2023
Last Buyer's Agent
@properties Christie's International Real Estate License #475144361
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $80,229
Year Built
- Built in 1927
HOA Fees
- $10,623 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage ceiling height seven feet or more
- Side Driveway
- Transferrable Lease on Garage
- Parking Included in Price
Home Design
- Brick or Stone Mason
Interior Spaces
- 8,000 Sq Ft Home
- Wet Bar
- Built-In Features
- Bookcases
- Dry Bar
- Historic or Period Millwork
- Beamed Ceilings
- Coffered Ceiling
- Vaulted Ceiling
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Home Office
- Library
- Game Room
- Storage
- Gallery
- Wood Flooring
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Ogden Elementary
- Lincoln Park High School
Utilities
- Zoned Cooling
- SpacePak Central Air
- Radiator
- Heating System Uses Natural Gas
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Halls are 42 inches wide
- Terrace
- Waterfront
Community Details
Overview
- Association fees include heat, water, gas, parking, taxes, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 57 Units
- Scott Turner Association, Phone Number (312) 787-1759
- High-Rise Condominium
- Property managed by Sudler Property Management
- Lock-and-Leave Community
- 24-Story Property
Amenities
- Doorman
- Service Elevator
- Lobby
- Package Room
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Sold | $7,700,000 | -9.4% | $963 / Sq Ft |
| 06/27/2024 06/27/24 | Pending | -- | -- | -- |
| 09/20/2023 09/20/23 | Price Changed | $8,500,000 | -12.8% | $1,063 / Sq Ft |
| 01/25/2023 01/25/23 | For Sale | $9,750,000 | -- | $1,219 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tim Salm
-
Colette Cachey Smithburg
Buyer's Agent in 2024
Colette Cachey Smithburg
@ Properties
2 in this area
6 Total Sales
-
Joelle Cachey Hayes
Buyer Co-Listing Agent in 2024
Joelle Cachey Hayes
@ Properties
(312) 451-7831
28 in this area
98 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11706848
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