50 E Chestnut St Unit 1401 Chicago, IL 60611
Magnificent Mile Neighborhood
4
Beds
3.5
Baths
3,904
Sq Ft
0.26
Acres
Highlights
- Doorman
- 4-minute walk to Chicago Avenue Station (Red Line)
- Lock-and-Leave Community
- Fitness Center
- Open Floorplan
- 1-minute walk to Connors Park
About This Home
As of April 2025Step into luxury with this full-floor residence at 50 E Chestnut, located in Chicago's prestigious Gold Coast. Access this sanctuary through a private foyer that opens into a sophisticated double-door entrance, immediately setting a positive tone. The condo is bathed in natural light, amplified by 10-foot ceilings and expansive floor-to-ceiling windows that offer panoramic city views that stretch to the South, West, North, and East, with a glimpse of lake. Each room boasts rich, custom-stained oak flooring throughout, complemented by meticulous crown molding and custom millwork. The chef's kitchen is a masterpiece of design with Snaidero cabinets, premier Wolf, Miele, and Subzero appliances, and striking Calacatta marble countertops and backsplash. Enhanced by motorized Lutron window treatments and recessed lighting, the home includes two private balconies perfect for soaking in the city's vibe. The spacious primary bath features a double vanity, standing shower, soaking tub, and heated floors, promising a spa-like retreat. This property also includes a sizeable laundry room, adding practical luxury and convenience for daily living. Boutique living is redefined in this building with only 34 full-floor residences, providing an intimate community with exceptional privacy, secured by fob direct access from three elevators. Amenities at 50 E Chestnut include 24-hour door staff, an exercise room with inspiring views, a fifth-floor rooftop deck, and a dog run. Steps away from the lake, parks, high-end shopping, gourmet dining, and cultural attractions, this location ensures you are never far from the best Chicago has to offer. Residence #1401 allows you to enjoy the scale and comfort of a single-family home with the conveniences of high-rise living. Don't miss this rare opportunity-schedule your showing today and step into the life of luxury at 50 E Chestnut.
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $57,042
Year Built
- Built in 2007
Parking
- 1 Car Garage
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 3,904 Sq Ft Home
- Open Floorplan
- Built-In Features
- Window Treatments
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Double Oven
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Fireplace in Bedroom
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Additional Parcels
Community Details
Overview
- 34 Units
- Rebecca Davis Association, Phone Number (312) 475-0629
- Property managed by ChicagoLand Community Management
- Lock-and-Leave Community
- 39-Story Property
Amenities
- Doorman
- Sundeck
- Service Elevator
- Lobby
- Package Room
- Community Storage Space
- Elevator
Recreation
- Fitness Center
- Bike Trail
Pet Policy
- Limit on the number of pets
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2025
Closed on
Apr 14, 2025
Sold by
Barry C Cosgrove Trust and Cosgrove Barry C
Bought by
Abrams William and Abrams Susan
Seller's Agent
An-An Ku
Urban Living Properties, LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$2,275,000
Sold Price
$2,275,000
Total Days on Market
0
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
194.58%
Purchase Details
Closed on
May 14, 2013
Sold by
Rush Chestnut Llc
Bought by
Cosgrove Barry C and Cosgrove Ingrid
Map
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Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,275,000 | None Listed On Document | |
| Special Warranty Deed | $2,775,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,500,000 | Construction | |
| Previous Owner | $0 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Sold | $2,275,000 | 0.0% | $583 / Sq Ft |
| 04/06/2025 04/06/25 | Pending | -- | -- | -- |
| 04/06/2025 04/06/25 | For Sale | $2,275,000 | 0.0% | $583 / Sq Ft |
| 07/01/2024 07/01/24 | Rented | $15,000 | 0.0% | -- |
| 05/12/2024 05/12/24 | For Rent | $15,000 | +15.4% | -- |
| 06/04/2022 06/04/22 | Rented | $13,000 | 0.0% | -- |
| 05/03/2022 05/03/22 | Price Changed | $13,000 | 0.0% | $3 / Sq Ft |
| 05/03/2022 05/03/22 | For Rent | $13,000 | -13.3% | -- |
| 04/30/2022 04/30/22 | Off Market | $15,000 | -- | -- |
| 01/03/2022 01/03/22 | For Rent | $15,000 | +25.0% | -- |
| 03/07/2018 03/07/18 | For Rent | $12,000 | 0.0% | -- |
| 03/06/2018 03/06/18 | Off Market | $12,000 | -- | -- |
| 03/01/2018 03/01/18 | Rented | $14,000 | +16.7% | -- |
| 12/03/2017 12/03/17 | Price Changed | $12,000 | -20.0% | $3 / Sq Ft |
| 08/17/2017 08/17/17 | For Rent | $15,000 | 0.0% | -- |
| 11/03/2016 11/03/16 | Rented | $15,000 | -9.1% | -- |
| 11/01/2016 11/01/16 | Under Contract | -- | -- | -- |
| 09/01/2016 09/01/16 | For Rent | $16,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $59,361 | $163,088 | $9,704 | $153,384 |
| 2023 | $59,361 | $264,077 | $7,813 | $256,264 |
| 2022 | $59,361 | $288,605 | $7,813 | $280,792 |
| 2021 | $58,036 | $288,604 | $7,812 | $280,792 |
| 2020 | $61,335 | $275,328 | $5,468 | $269,860 |
| 2019 | $60,033 | $298,801 | $5,468 | $293,333 |
| 2018 | $60,729 | $307,436 | $5,468 | $301,968 |
| 2017 | $54,812 | $254,622 | $4,375 | $250,247 |
| 2016 | $50,998 | $254,622 | $4,375 | $250,247 |
| 2015 | $46,658 | $254,622 | $4,375 | $250,247 |
| 2014 | $57,315 | $308,909 | $3,515 | $305,394 |
| 2013 | $35,798 | $196,829 | $3,515 | $193,314 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 12343054
APN: 17-03-217-018-1010
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