NOT LISTED FOR SALE

1540 N Lake Shore Dr Unit 16N Chicago, IL 60610

Gold Coast Neighborhood
3 Beds
4 Baths
4,726 Sq Ft
$3,997/mo HOA Fee

Last Sold July 21, 2021

Last sale price $2,050,000 $434 Per Sq Ft

44 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Vaulted Ceiling
  • Lincoln Park High School Rated A
  • Waterfront
  • Wood Flooring

About This Home

As of July 2021

Extraordinarily beautiful totally rebuilt/renovated penthouse cooperative residence is situated between Burton Place and Lincoln Park across from Lake Michigan in the heart of Chicago's prestigious residential Gold Coast. Steps from Lincoln Park, bike paths and beaches of Lake Michigan, Chicago History Museum, world class Lincoln Park Zoo, Nature Museum and short stroll to famed Magnificent Mile and Chicago's iconic cultural institutions, Opera House and Symphony Hall. This penthouse cooperative has been completed gutted and rebuilt and a second floor was added. 12' windows in Living Room and very tall ceilings throughout. The renovation is breathtaking, timeless and designed for the way we live today! Large open living spaces with outstanding views, Eat-in Chef's Kitchen, Library, full dedicated Office, Flex Room with Bath access, wonderful Primary Suite with Dressing Room, 3 walk-in closets, Spa Bath. New top level with 2 En-suite Bedrooms and Media/Family Room. Valet to rental parking. Pets welcome. Extremely service oriented building. Full amenities.

Last Agent to Sell the Property

Janet Owen

Berkshire Hathaway HomeServices Chicago Listed on: 03/16/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jeffrey Lowe

Compass License #475154506

Compass

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $28,902

Year Built

  • Built in 1926 | Remodeled in 2002

Lot Details

  • Waterfront

HOA Fees

  • $3,997 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Leased Parking

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 4,726 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Steam
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 28 Units
  • Randy Grimes Association, Phone Number (312) 335-1950
  • High-Rise Condominium
  • Property managed by FirstService Residential
  • 16-Story Property

Amenities

  • Doorman
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$28,902

Year Built

Built in 1926 | Remodeled in 2002

Lot Details

0

HOA Fees

$3,997 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories),Vintage,Penthouse
  • Ownership: Co-op
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories),Vintage,Penthouse
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 16
  • Rehab Year: 2002
  • Rebuilt Year: 2002
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 16
  • Year Renovated: 2002

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Storage
  • LivingArea: 4726
  • Room Type: Office, Library, Bonus Room, Foyer
  • Stories Total: 16
  • Estimated Total Finished Sq Ft: 4726
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Square Footage Comments: 3982 Main Level plus 744 Upper Level
  • Total Sq Ft: 4726

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Steam, Indv Controls
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 3997
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Randy Grimes
  • Management Phone: 312-335-1950X38668

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: 4726 SQFT
  • Special Assessments: N

Rental Info

  • Lease Amount: 450
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 28901.52
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 28

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $2,050,000 -6.8% $434 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $2,200,000 -- $466 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11070561

Midwest Real Estate Data (MRED)