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Backup Offers

850 N Lake Shore Dr Unit 504, Chicago, IL, 60611

$491,000

Home List Price

$5,831*

Closing Credit

1 Bedroom
1 Full Bath
1,156 SqFt
$425/SqFt
Condo

Location

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850 N Lake Shore Dr Unit 504, Chicago$491,000

Buyer Closing Credits

$5,831*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1927
HeatingHeat Pump, Other, Zoned
CoolingCentral Air, Zoned
MLS #12146504
StatusAccepting Backup Offers
(Contingent)

About 850 N Lake Shore Dr Unit 504

This 1156 sq ft 1 bedroom is an east facing residence with 11' ceilings and all new SS Bosch kitchen appliances and new, in-unit Whirlpool washer and dryer. This beautifully renovated historical building, nestled along Chicago's picturesque lakefront, seamlessly combines timeless elegance with contemporary luxury. Step into the magnificent lobby, and you'll instantly be transported to a modern take on a classic, surrounded by exquisite architectural details that showcase the craftsmanship of this iconic structure. From intricately carved moldings to soaring ceilings adorned with stunning chandeliers, every inch of this building exudes a sense of grandeur. 504 where old-world charm effortlessly merges with modern design, creating a harmonious balance between style and functionality. But it's not just the interiors that set this building apart. It also offers a wide range of amenities designed to enhance your lifestyle. Take a dip in the heated indoor pool, work up a sweat in the state-of-the-art fitness center, or host unforgettable gatherings in the expansive 3,500-square-foot Grand Lounge, complete with soaring 20-foot ceilings and breathtaking views of the lake. The rooftop deck greets residents with mesmerizing vistas of Lake Michigan. Picture yourself savoring your morning coffee as the sun rises over the water or hosting memorable events against the backdrop of the city's skyline and the serene lakefront. Beyond the building's beauty, its location is unparalleled. Situated between Michigan Avenue and Lake Shore Drive, this residence offers access to the vibrant cultural scene, world-class dining options, and the finest shopping experiences that the city has to offer. Whether you're leisurely strolling along the scenic lakefront trail, exploring nearby museums, or enjoying a day at the beach, everything you desire is at your front door. * Photos and renderings are of model residences, virtually staged vacant units, amenities and lobby. These are representative of inventory available and may not exactly represent this listing unit. The design choices represented in the renderings are proposed options reflecting general design inspiration and considerations. All design intent is subject to change. A variety of floorplans and finish packages are available.**

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 19
  • Living Area: 1,156 SqFt

Listing Office:

  • Office Name: Wolf Residential Group LLC
  • Office Phone: (312) 416-0950
  • Listing Agent: Kathleen Ullo

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Electric Oven
  • Basement: No
  • Interior: Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Roof Deck, Outdoor Grill

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Heat Pump, Other, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Inner Lake Shore Drive to Chestnut. Chestnut west to building. Main entrance on Chestnut.

Price Information

Listing Price Info

Price Summary:

  • List Price: $491,000
  • Price Per SqFt: $425/SqFt

HOA Fees:

  • Amount: $737
  • 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

850 N Lake Shore Dr Unit 504 vs Chicago

116 DAYS ON ROCKET

+83 Days

$491,000

+$127K More

$425/SqFt

+$164 More

KEY TAKEAWAY

This property is $127K more than the Median Sold Price and $164/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: #12146504

Listing Office:

  • Office Name: Wolf Residential Group LLC
  • Office Phone: (312) 416-0950
  • Listing Agent: Kathleen Ullo

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

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.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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: 12/18/2024, 1:16:04 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-4545553
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.54 miles

  • Public District Grades PK-5

school-card-donut-4545554
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.73 miles

  • Public District Grades KG-5

school-card-donut-4545555
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.83 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 $86,782. The most common annual income of people living in Chicago, IL is between $35k-100k. The majority of families are 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 850 N Lake Shore Dr Unit 504

What is the listing price of this property?

The listing price of 850 N Lake Shore Dr Unit 504 property is $491,000.

What type of property is this?

The property 850 N Lake Shore Dr Unit 504 is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Accepting Backup Offers: 850 N Lake Shore Dr Unit 504 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 850 N Lake Shore Dr Unit 504 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 850 N Lake Shore Dr Unit 504 is 1,156 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 850 N Lake Shore Dr Unit 504 is 1927.

Rocket Homes›Illinois›Cook County›Chicago›60611›850 N Lake Shore Dr Unit 504

This home is located at 850 N Lake Shore Dr Unit 504 in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 1,156 square foot home was built in 1927. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $491,000.

In November 2024 more than 521 listings in Chicago, IL were sold above the asking price. During the same period more than 254 listings were sold at asking price, while more than 845 were sold below. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. 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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