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Backup Offers

1242 N Lake Shore Dr Unit 20, Chicago, IL, 60610

$1,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,000 SqFt
$300/SqFt
Condo

Location

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1242 N Lake Shore Dr Unit 20, Chicago$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1933
HeatingSteam
CoolingCentral Air, Other, Zoned
MLS #12025912
StatusAccepting Backup Offers
(Contingent)

About 1242 N Lake Shore Dr Unit 20

Bright, elegant, 4,000 sf, full-floor, 4 bed / 4.1 bath unit located in one of Chicago's most prestigious Lake Shore Dr co-op buildings. Unit features breathtaking 360* views of Lake Michigan and the cityscape. Expansive, comfortable living spaces including a large living room with fire place, library and formal dining room all with views of the lake and shoreline, a warm family room, huge kitchen with breakfast nook and butler pantry. Master bedroom suite includes dual en-suite baths and dressing areas. 1 of 4 bedrooms currently used as a study with en-suite bath. Unit also includes private elevator entrance, gracious foyer, hard wood floors throughout, Dual zoned central air conditioning and in-unit laundry room with soaking sink. Building amenities include attentive 24-hour door staff, building engineer, onsite manager and separate storage room. 1 dog or cat permitted (no weight limit).

Property Details

Property Features

Property Information:

  • Year Built: 1933
  • Stories: 27
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (312) 640-7010
  • Listing Agent: John Spieske

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Central Air, Other, Zoned

Other

Directions Information:

  • Directions: Inner Lake Shore Drive to 1242 North. The building is between Scott and Goethe.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $300/SqFt

HOA Fees:

  • Amount: $4229
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

1242 N Lake Shore Dr Unit 20 vs Chicago

228 DAYS ON ROCKET

+195 Days

$1,200,000

+$836K More

$300/SqFt

+$39 More

KEY TAKEAWAY

This property is $836K more than the Median Sold Price and $39/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: #12025912

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (312) 640-7010
  • Listing Agent: John Spieske

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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.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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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-888219
9
/10
  • Skinner Elementary School

  • 111 S Throop St

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-888220
3
/10
  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.64 miles

  • Public District Grades KG-5

school-card-donut-888221
4
/10
  • Cooper Elementary Academy

  • 1624 W 19th St

  • 4.02 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1242 N Lake Shore Dr Unit 20

What is the listing price of this property?

The listing price of 1242 N Lake Shore Dr Unit 20 property is $1,200,000.

What type of property is this?

The property 1242 N Lake Shore Dr Unit 20 is a condo located in Chicago, Illinois, 60610.

Is this property for sale now?

Accepting Backup Offers: 1242 N Lake Shore Dr Unit 20 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1242 N Lake Shore Dr Unit 20 has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1242 N Lake Shore Dr Unit 20 is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1242 N Lake Shore Dr Unit 20 is 1933.

Rocket Homes›Illinois›Cook County›Chicago›60610›1242 N Lake Shore Dr Unit 20

This home is located at 1242 N Lake Shore Dr Unit 20 in Chicago, IL and zip code 60610 in the Near North Side neighborhood. This 4,000 square foot home was built in 1933. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,200,000.

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 homes for sale 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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