A rare find in city living. 6000 Sq foot penthouse with 2 balconies and breathtaking wrap around East, North & West unobstructed views of the lake and city. No detail was left unturned in this thoughtful and flexible layout. The gorgeous entryway leads to an office suite with a private bathroom, as well as an elegant living room both enjoying a lakefront balcony. This home has a large formal dining room, exceptional kitchen w/ 2 large islands - perfect for informal dining or accommodating caterers. Kitchen has custom wood cabinetry with built-ins for abundant storage, even 4 blind corner pullouts. Other special amenities are wine fridge, double oven, oversized refrigerator, and in large island, 2 additional refrigeration drawers. First floor also has a family room with a dry bar, bedroom, sitting room/office and full bath. Possibilities for this flexible space could be for in-laws, live-in help, early career adult children or just for you! A gorgeous floating wood staircase leads to the second floor where you can enjoy unobstructed views of the lake complete with a balcony from your enormous primary suite. Primary has 3 large walk-in closets, a huge bath which includes heated floors, large shower, dual sinks and dressing area. Additionally, there are 2 separate large ensuite bedrooms. Extra features - 2 laundry rooms (one on each floor) and an abundance of storage and closet space. Throughout the unit are beautiful rich finishes from floor to ceiling such as hardwood floors, custom lights and blinds to name a few. No words can accurately describe the beauty and thoughtfulness put into this unit. A must see. Full amenity building includes a 24 hour doorman, exercise room, indoor pool & sun deck. Sizes & dimensions on VHT floor plan are approximate, actual may vary.
Property Details
Property Features
Property Information:
Year Built: 1984
Stories: 56
Living Area: 6,000 SqFt
Listing Office:
Office Name: Baird & Warner
Office Phone: (312) 640-7010
Listing Agent: Judith Pielet
Interior Features
Interior Information:
Basement: No
Interior: Bar-Dry, Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Special Millwork, Doorman, Drapes/Blinds, Granite Counters, Lobby, Separate Dining Room, Some Wall-To-Wall Cp
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Exterior: Balcony
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Utilities
Utilities Information:
Heating: Electric, Radiant, Other, Zoned
Cooling: Central Air, Zoned
Other
Directions Information:
Directions: On Michigan Avenue across from the Drake Hotel between Oak Street and Walton Street
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
Price Per SqFt: $533/SqFt
HOA Fees:
Amount: $7521
Frequency: Monthly
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $2.8M more than the Median Sold Price and $273/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: #12155352
Listing Office:
Office Name: Baird & Warner
Office Phone: (312) 640-7010
Listing Agent: Judith Pielet
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Skinner Elementary School
111 S Throop St
Distance between this listing and this school1.16 miles
Public District Grades PK-5
3
/10
Hope Learning Academy
1628 W Washington Blvd
Distance between this listing and this school2.50 miles
Public District Grades KG-5
4
/10
Cooper Elementary Academy
1624 W 19th St
Distance between this listing and this school3.76 miles
Public District Grades PK-5
Nearby Schools
5
/10
Ogden Elementary School
24 W Walton St
Distance between this listing and this school0.22 miles
Public District Grades KG-8
5
/10
Salazar Elementary Bilingual Center
160 W Wendell St
Distance between this listing and this school0.48 miles
Public District Grades PK-8
8
/10
Franklin Elementary Fine Arts Center
225 W Evergreen Ave
Distance between this listing and this school0.72 miles
Public District Grades KG-8
Nearby Schools
10
/10
Payton College Preparatory High School
1034 N Wells St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
4
/10
Noble St Charter-the Noble Academy
1443 N Ogden Ave
Distance between this listing and this school1.18 miles
Public Charter Grades 9-12
1
/10
Yccs-Innovations of Arts Integr High School
17 N State St
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $137,805. Residents of Chicago, IL typically earn $200k+ each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 950 N Michigan Ave Unit 5503-5501
What is the listing price of this property?
The listing price of 950 N Michigan Ave Unit 5503-5501 property is $3,200,000.
What type of property is this?
The property 950 N Michigan Ave Unit 5503-5501 is a condo located in Chicago, Illinois, 60611.
Is this property for sale now?
Active Listing: 950 N Michigan Ave Unit 5503-5501 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 950 N Michigan Ave Unit 5503-5501 has 4 bedrooms and 4 full and 2 half bathrooms.
What is the square footage of this property?
The property 950 N Michigan Ave Unit 5503-5501 is 6,000 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 950 N Michigan Ave Unit 5503-5501 is 1984.
Interested in 950 N Michigan Ave Unit 5503-5501? Let's connect.
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This home is located at 950 N Michigan Ave Unit 5503-5501 in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 6,000 square foot home was built in 1984. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $3,200,000.
In October 2024 more than 539 listings in Chicago, IL were sold above the asking price. During the same period more than 337 listings were sold at asking price, while more than 919 were sold below. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
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