Seller's Agent in 2025
Linda Shaughnessy
Jameson Sotheby's Intl Realty
(312) 961-6212
11 in this area
50 Total Sales
Drake Tower 179 E Lake Shore Dr Unit 604 Chicago, IL 60611
Gold Coast Neighborhood
1
Bed
1
Bath
1,300
Sq Ft
$2,466/ mo
HOA Fee
Highlights
- Heated Floors
- Circular Driveway
- Built-In Features
- Gallery
- 1 Car Attached Garage
- 2-minute walk to Lakefront Park
About This Home
As of February 2025A rare offering of one of the largest one-bedroom co-ops on historic E Lake Shore Drive. Located in the prestigious Drake Tower designed by Benjamin Marshall, this impeccably renovated 1,300 square foot residence features every modern upgrade and convenience including new windows, a laundry room with a full-size washer/dryer and a sink, SpacePak air conditioning, and motorized shades. In keeping with the building's architectural significance are timeless, classic details including oak hardwood floors throughout, 9'6" ceilings, picture mouldings, and the original brass hardware designed by Benjamin Marshall. Bathed in natural light on the south-west corner, the grand 28-foot living room is enhanced with a fireplace, custom cabinetry and bookcases, a mirrored-TV, and a built-in bar. The top-of-the-line kitchen with a breakfast bar and a built-in Miele coffee station is outfitted with top-of-the-line appliances, floor-to-ceiling custom cabinetry, and quartz countertops. The large 22' x 14' bedroom features 3 closets, including a walk-in, in addition to a wall of built-in storage. Wrapped in marble, the large bathroom offers a double-sink vanity, a built-in dressing table, a large walk-in shower with multiple body sprays, and heated floors. With only 68 residences, shareholders are treated to personal, white glove service from a 24-hour door staff and elevator operator, an on-site property manager, a live-in engineer and full maintenance staff. Exclusive amenities include a temperature-controlled wine cellar, a large, private storage room, a state-of-the art exercise room, and a planted terrace. Parking is conveniently located in the attached garage for $200/month, and guest parking is available. Pets are welcome and there is no weight limit for dogs. Contracts are subject to board approval and 50% financing is permitted. The monthly assessment of $2,466.54 includes property taxes.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475092906 Listed on: 01/13/2025
Property Details
Home Type
- Co-Op
Year Built
- Built in 1928 | Remodeled in 2017
Lot Details
- 0.54
HOA Fees
- $2,466 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Circular Driveway
Home Design
- Stone Siding
Interior Spaces
- 1,300 Sq Ft Home
- Built-In Features
- Bookcases
- Dry Bar
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Storage
- Gallery
Flooring
- Wood
- Heated Floors
- Stone
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Bidet
- Dual Sinks
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Utilities
- SpacePak Central Air
- Heating System Uses Steam
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, taxes, insurance, security, doorman, exercise facilities, exterior maintenance, scavenger, snow removal
- 68 Units
- Susan Giancarlo Association, Phone Number (312) 944-4041
- Drake Tower Subdivision
- 30-Story Property
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/27/2025 02/27/25 | Sold | $380,000 | -5.0% | $292 / Sq Ft | |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- | |
| 01/13/2025 01/13/25 | For Sale | $399,900 | -17.5% | $308 / Sq Ft | |
| 09/30/2021 09/30/21 | Sold | $485,000 | -0.8% | $373 / Sq Ft | View Prior Sale |
| 08/12/2021 08/12/21 | Pending | -- | -- | -- | |
| 02/08/2021 02/08/21 | For Sale | $489,000 | +74.6% | $376 / Sq Ft | |
| 06/15/2015 06/15/15 | Sold | $280,000 | -13.8% | $240 / Sq Ft | View Prior Sale |
| 05/14/2015 05/14/15 | Pending | -- | -- | -- | |
| 02/23/2015 02/23/15 | Price Changed | $325,000 | -7.1% | $279 / Sq Ft | |
| 07/18/2014 07/18/14 | Price Changed | $350,000 | -5.4% | $300 / Sq Ft | |
| 05/16/2014 05/16/14 | Price Changed | $370,000 | -6.3% | $317 / Sq Ft | |
| 01/09/2013 01/09/13 | For Sale | $395,000 | -- | $339 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $1,578,527 | $7,270,265 | $975,398 | $6,294,867 |
| 2024 | $1,578,527 | $7,270,265 | $975,398 | $6,294,867 |
| 2023 | $1,561,182 | $7,590,261 | $1,300,530 | $6,289,731 |
| 2022 | $1,561,182 | $7,590,261 | $1,300,530 | $6,289,731 |
| 2021 | $1,586,386 | $7,888,902 | $1,300,530 | $6,588,372 |
| 2020 | $1,901,817 | $8,655,671 | $1,300,530 | $7,355,141 |
| 2019 | $1,730,626 | $8,655,671 | $1,300,530 | $7,355,141 |
| 2018 | $1,687,664 | $8,655,671 | $1,300,530 | $7,355,141 |
| 2017 | $1,590,402 | $7,522,286 | $894,113 | $6,628,173 |
| 2016 | $1,490,195 | $7,522,286 | $894,113 | $6,628,173 |
| 2015 | $1,368,265 | $7,522,286 | $894,113 | $6,628,173 |
| 2014 | $1,355,604 | $7,358,797 | $812,830 | $6,545,967 |
| 2013 | $1,338,379 | $7,358,797 | $812,830 | $6,545,967 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Shaughnessy
-
Ryan Gossett
Buyer's Agent in 2025
Ryan Gossett
Compass
(312) 724-8670
5 in this area
193 Total Sales
-
Marla Nyberg
M
Seller's Agent in 2021
Marla Nyberg
Berkshire Hathaway HomeServices Chicago
(312) 953-9102
15 in this area
60 Total Sales
-
M
Seller's Agent in 2015
Marie Campbell
Berkshire Hathaway HomeServices Chicago
-
Kevin Snow
Seller Co-Listing Agent in 2015
Kevin Snow
Compass
(312) 206-3787
17 in this area
36 Total Sales
About Drake Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12269696
APN: 17-03-208-002-0000
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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