Estimated payment $14,455/month
Highlights
- Doorman
- Fitness Center
- Waterfront
- Lincoln Park High School Rated A
- Granite Flooring
- Terrace
About This Home
Incredible opportunity to own this one of a kind penthouse unit at 1550 N Lake Shore Drive. First time on the market in nearly 30 years. With breathtaking panoramic views of Lake Michigan, Lincoln Park, Navy Pier and City Center from nearly every room, this 3000 square foot unit is comprised of 3 bedrooms, 3.5 bathrooms, large living area, separate family room/office and a private terrace. A large entrance hall leads to spacious living and dining areas with wall to wall windows. Continue into the custom eat-in kitchen with island, double Gaggenau ovens, Sub-Zero fridge, undercounter vegetable drawers and a wine cooler. French doors lead to a large private roof top deck and the best Air and Water Show viewing in the city. Large master bedroom, with both South and East views, incorporates a walk-in closet and spa-like en-suite bath with unobstructed lake views from the oversized jacuzzi tub and glass walled multi head shower. Adjacent custom wood-paneled family room/office showcases expansive city views and includes built-ins for TV, storage and hidden closet. Both additional bedrooms include adjoining bathrooms (one with a jacuzzi tub). Separate laundry room is large enough to double as second home office. Unit features hardwood and granite floors throughout. Brand new forced air AC units just replaced by sellers. An assigned storage cage, as well as a storage closet just outside of the unit, is included. Very walkable location with North Avenue beach and Lincoln park right outside the door. Restaurants and shops of Michigan Avenue and Old Town within easy strolling distance. Full amenity building with 24-hour door staff, valet garage parking, fitness room, sun deck, on-site management, shared laundry and bike room. Many recent modernization projects have already been completed by the association
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,743
Year Built
- Built in 1960
HOA Fees
- $5,128 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
Home Design
- Entry on the 33rd floor
- Brick Exterior Construction
Interior Spaces
- 3,000 Sq Ft Home
- Sliding Doors
- Family Room
- Combination Dining and Living Room
- Breakfast Room
- Storage
- Laundry Room
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Schools
- Ogden Elementary
- Lincoln Park High School
Utilities
- Central Air
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Terrace
- Waterfront
Community Details
Overview
- Association fees include heat, water, insurance, doorman, tv/cable, lawn care, scavenger, snow removal, internet
- 193 Units
- Rose Hasan Association, Phone Number (312) 664-6704
- Property managed by First Service Residential
- 33-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
Pet Policy
- Pets up to 30 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About This Building
Home Values in the Area
Average Home Value in this Area
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 | $22,743 | $118,218 | $12,986 | $105,232 |
| 2023 | $24,634 | $107,792 | $10,456 | $97,336 |
| 2022 | $24,634 | $119,769 | $10,456 | $109,313 |
| 2021 | $24,668 | $122,669 | $10,455 | $112,214 |
| 2020 | $20,599 | $95,570 | $7,318 | $88,252 |
| 2019 | $20,148 | $103,712 | $7,318 | $96,394 |
| 2018 | $19,808 | $103,712 | $7,318 | $96,394 |
| 2017 | $24,226 | $115,912 | $5,855 | $110,057 |
| 2016 | $22,716 | $115,912 | $5,855 | $110,057 |
| 2015 | $20,760 | $115,912 | $5,855 | $110,057 |
| 2014 | $19,263 | $106,392 | $4,705 | $101,687 |
| 2013 | $18,872 | $106,392 | $4,705 | $101,687 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $1,395,000 | -6.9% | $465 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $1,499,000 | -7.8% | $500 / Sq Ft |
| 03/19/2025 03/19/25 | Price Changed | $1,625,000 | -7.1% | $542 / Sq Ft |
| 02/13/2025 02/13/25 | For Sale | $1,750,000 | 0.0% | $583 / Sq Ft |
| 11/21/2021 11/21/21 | Rented | -- | -- | -- |
| 10/05/2021 10/05/21 | For Rent | $9,750 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $605,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,999 | Unknown | |
| Open | $1,225,000 | Credit Line Revolving | |
| Closed | $484,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12206556
APN: 17-03-101-029-1200
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