Address
1500 N Lake Shore Drive # PH, Chicago, IL
Price
$ 8,500,000
Property Attributes
  • MLS#11706848
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • Zip60610
  • StyleHigh Rise (7+ Stories),Vintage
  • Year Built1927
  • Taxes$ 80229
  • Price$ 8,500,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage8000
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Rich in scale, history and presentation, this prewar duplex penthouse in the Gold Coast is in a real estate echelon all its own. Perched atop the luxe co-op residences at 1500 N. Lake Shore Dr., encompassing the entire 24th and 25th floors overlooking Lake Michigan, this spectacular residence boasts 8,000 sq ft of interior living space and 5,000 sq ft of private outdoor space, including a massive, east-facing terrace with a lawn, manicured gardens, a Roman fountain, and fabulous city and lake views. The building itself is a Chicago institution. Built in 1927 and designed by New York architect Rosario Candela with Chicago firm McNally & Quinn, the building has been home to many prominent Chicago families over the years. The penthouse, however, was built especially for the building's original owner, and has rarely changed hands in the last century. World-class, artisan details like stained glass windows, stone friezes, hand-carved wood doors, and original bronze hardware are found throughout, beginning with a private entry foyer that connects to a 39'-long, walnut-paneled gallery hall with vaulted, hand-frescoed ceilings. The living and entertaining footprint on the main level features a formal dining room, a showpiece living room, a handsome bar/lounge, two offices, a modern chef's kitchen, and three amazing terraces. The living room stuns with 20'-high, coffered ceilings, and a stone fireplace, and affords access to both the yard and the north terrace. The kitchen flaunts custom cabinetry, professional grade appliances, a marble-topped island and counters, and an informal dining area. Four of the home's bedrooms currently live on the main level as well, each with its own unique footprint and architectural details. There's also a spacious, lake-facing room with its own private patio with lounge and fire pit, two generous closets, and a custom, marble-clad en-suite bath that could serve as a stunning primary suite or an epic family room. The home's original limestone staircases have been beautifully preserved, and lead to the second level via three access points. Here, a sixth en-suite bedroom, a sauna room, and more flexible space reside. Plus, there's a partial third floor with a game room/bar and additional storage spaces. White-glove building amenities include a full-time door staff, an on-site manager, and a live-in engineer. This property includes valet parking and pets are welcome. With pedigree and proximity to Lincoln Park, the lakefront, and the best of Chicago's first-class dining and shopping, the penthouse at 1500 N. Lake Shore Dr. is uncompromising, luxury living at its finest.

Elementary School Middle School High School
Ogden Elementary Ogden Elementary Lincoln Park High School
Price History
1/25/2023 Listed $9,750,000
9/20/2023 13% - $8,500,000

General Features

Interior Features Vaulted/Cathedral Ceilings,Bar-Dry,Bar-Wet,Elevator,Hardwood Floors,In-Law Arrangement,First Floor Laundry,Storage,Built-in Features,Walk-In Closet(s),Bookcases,Ceiling - 10 Foot,Coffered Ceiling(s),
Sewer Public Sewer
Heating Natural Gas,Electric,Steam,Radiator(s)
Cooling Space Pac,Zoned
Possession Closing
Appliances Microwave,Dishwasher,High End Refrigerator,Freezer,Washer,Dryer,Cooktop,Built-In Oven
HOA 10623
Garage Spaces 2
Association Fee Includes Heat,Water,Gas,Parking,Taxes,Insurance,Doorman,Exercise Facilities,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
Pets Allowed Cats OK,Dogs OK
Year Built 1927
Township North Chicago
Unit Number PH
Tax Year 2021
Percent Ownership Co-op
Assoc Fee Paid Per Monthly
County Cook
New Construction No
Property Type Residential
Association Amenities Bike Room/Bike Trails,Door Person,Elevator(s),Exercise Room,Storage,On Site Manager/Engineer,Receiving Room,Security Door Lock(s),Service Elevator(s),Elevator(s)
Total Rooms 13
Status Active
Directions The North East Corner of Lake Shore Drive and Burton Place.
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Near North Side
Waterfront Y/N Yes
Street Name Lake Shore
Elementary School Ogden Elementary
Tax Annual Amount 80229.24
Middle/Junior High School Ogden Elementary
Additional Parcels Y/N No
Virtual Tour https://youtu.be/YFHGQvVFya4
Days on Market 326
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Attached Single
Sub Type High Rise (7+ Stories),Vintage

Interior Features

Basement None
Total Fireplaces 1
Fireplace Features Wood Burning,Gas Starter,Masonry
Total Stories 24
Full Baths 6
Half Baths 1
Street Suffix Drive
Laundry Features In Unit
Total Bedrooms 6
Room Type Bedroom 5,Bedroom 6,Office,Gallery,Foyer,Media Room,Library,Terrace,Game Room
LivingAreaSource Plans
Total Baths 7
Bedrooms Possible 6
Basement None
Bathrooom Separate Shower,Double Sink,Soaking Tub
Total Number of Units 57

Exterior Features

Water Source Lake Michigan
Total Parking 2
Lot Dimensions COMMON
Garage Onsite Yes
Garage Type Attached
Garage Ownership Transferrable Lease
Exterior Brick,Stone

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 60610

Price
AVG $1.1M
$8.5M
Taxes
AVG $17,983
$80,229
Visits
AVG 172
2029
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1927