3 months on rocket

1240 N Lake Shore Dr Unit 10Ab, Chicago, IL, 60610

$1,590,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
4,000 SqFt
$398/SqFt
Condo

Location

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1240 N Lake Shore Dr Unit 10Ab, Chicago$1,590,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built1976
HeatingElectric, Radiant
FireplaceElectric
MLS #12168420
StatusActive

About 1240 N Lake Shore Dr Unit 10Ab

This contemporary residence presents a remarkable blend of function and luxury. Rare opportunity to own an ENTIRE floor (approximately 4000 sq ft) on Lake Shore Drive with sweeping views of Lake Michigan. When you step off the elevator the whole floor is yours with two entrances from private landing. The generous foyer welcomes you to an impressive sprawling living and dining area that overlooks Lake Michigan-the view compares to being in an infinity pool. Perfect for entertaining large groups-note the custom bar with leathered granite counters. Nothing was spared in this 2015/16 tastefully done complete renovation. The kitchen has an abundance of well designed cabinetry by Neff that extend to the ceiling. Top of the line appliances include Meile, Thermador, Subzero and Wolf. The combination steam/convection oven by Miele is a winner. The oversized island makes meal prep and entertaining seamless. Taj Mahal quartz counters glisten in the kitchen complimented by Charleston mirror hand silvered antique backsplash. There is even a window facing south to enjoy the city views. Extensive floor to ceiling wine cellar by Thermador is on wall as you enter kitchen area. Exquisite wide plank (9 1/2 x 5/8) European oak flooring throughout most of home. Floor to ceiling windows invite the lake in. Huge family room on west side of building boasts an electric fireplace and an entire wall of custom built ins. Family room has gorgeous neutral wool/silk carpeting as well as hardwood flooring. Bespoke draperies from Sabyasachi designs. Two ensuite bedrooms. Primary bedroom faces the lake and has a gigantic walk-in closet the size of a bedroom.The primary bath features two vanities with alabaster counters, separate shower.and another separate sink for shaving. The alcove off the family room can be used as an office or meditation area. All closets organized by California closets. Valet parking available. Amenities include 24 hour door staff, roof sun deck, exercise room, bike storage, coin operated laundry, hospitality room on 33rd floor and addl storage.Two bedrooms are on west side of home. Windows on all sides of this home bring in natural light-so rare!! This is the ultimate urban residence with clean modern lines. Can be turnkey. Investor friendly-must own for 18 months before you can rent your unit. Max of 9 rentals at one time. Cats welcome.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Stories: 33
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Jameson Sotheby's International Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Donna Wilkens

Interior Features

Interior Information:

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Stainless Steel Appliance(s), Wine Cooler, Cooktop, Range Hood, Electric Cooktop, Oven
  • Basement: No
  • Interior: Bar-Dry, Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Open Floorplan, Some Carpeting, Doorman, Granite Counters
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Roof Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Electric, Radiant

Other

Directions Information:

  • Directions: Lake Shore Drive coming from North or South to 1240. May park in driveway if less that 15 minutes. Check with door staff.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,590,000
  • Price Per SqFt: $398/SqFt

HOA Fees:

  • Amount: $4530
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

1240 N Lake Shore Dr Unit 10Ab vs Chicago

93 DAYS ON ROCKET

+60 Days

$1,590,000

+$1.2M More

$398/SqFt

+$137 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $137/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12168420

Listing Office:

  • Office Name: Jameson Sotheby's International Realty
  • Office Phone: (312) 751-0300
  • Listing Agent: Donna Wilkens

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:46:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-885101
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-885102
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.63 miles

  • Public District Grades KG-5

school-card-donut-885103
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 4.01 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,613. Most Chicago, IL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 N Lake Shore Dr Unit 10Ab

What is the listing price of this property?

The listing price of 1240 N Lake Shore Dr Unit 10Ab property is $1,590,000.

What type of property is this?

The property 1240 N Lake Shore Dr Unit 10Ab is a condo located in Chicago, Illinois, 60610.

Is this property for sale now?

Active Listing: 1240 N Lake Shore Dr Unit 10Ab is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1240 N Lake Shore Dr Unit 10Ab has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1240 N Lake Shore Dr Unit 10Ab is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 N Lake Shore Dr Unit 10Ab is 1976.

Rocket Homes›Illinois›Cook County›Chicago›60610›1240 N Lake Shore Dr Unit 10Ab

This home is located at 1240 N Lake Shore Dr Unit 10Ab in Chicago, IL and zip code 60610 in the Near North Side neighborhood. This 4,000 square foot home was built in 1976. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $1,590,000.

Over 521 listings were sold over their listed price in November 2024 in Chicago, IL. In the same period over 845 listings were sold below the listed price and 254 listings were sold for the listed price. The number of listings in Chicago, IL increased by 2.1% between October 2024 and November 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $363,936.

From Rocket Homes Real Estate and based on county public records data.

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