$2,275,000
SOLD APR 14, 2025

50 E Chestnut St Unit 1401 Chicago, IL 60611

Magnificent Mile Neighborhood
4 Beds
3.5 Baths
3,904 Sq Ft
0.26 Acres

Recently Sold

$583 Per Sq Ft

0 Day on Market

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 2025

Step 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 Agent to Sell the Property

An-An Ku

Urban Living Properties, LLC License #475161826 Listed on: 04/06/2025

Co-Listed By

Vikas Wadhwa

Urban Living Properties, LLC License #471008085

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 Attached Garage
  • Deeded Parking

Home Design

  • Entry on the 14th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,904 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Radiant Floor

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$57,042

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 14
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Elevator, Storage, Built-in Features, Walk-In Closet(s), High Ceilings, Open Floorplan, Doorman, Lobby, Separate Dining Room, Pantry
  • LivingArea: 3904
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 39
  • Window Features: Window Treatments
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Bedroom
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Glass, Concrete
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Radiant Floor
  • Laundry Features: Washer Hookup, In Unit, Laundry Closet, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: ChicagoLand Community Management
  • Management Contact Name: Rebecca Davis
  • Management Phone: 312-475-0629
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 57041.77
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2013
Sold by
Rush Chestnut Llc
Bought by
Cosgrove Barry C and Cosgrove Ingrid
Current Estimated Value
$2,299,564
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,775,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $55,717 $163,088 $9,704 $153,384
2024 $55,717 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12343054

Midwest Real Estate Data (MRED)

APN: 17-03-217-018-1010