Address
179 East Lake Shore Drive, Unit 501 Chicago, IL
Price
$ 825,000
Property Attributes
  • MLS#10747643
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodDrake Tower
  • Zip60611
  • StyleHigh Rise (7+ Stories),Vintage
  • Year Built1928
  • Taxes20516
  • Price$ 825,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1770
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices Chicago
Property Description

North and east facing two-bedroom and two-bath Drake Tower apartment has been meticulously renovated. Eleven large windows generate substantial light and provide treetop views overlooking Oak Street Beach and Lake Michigan. The apartment has been flawlessly restored from top to bottom in the classic elegance of Benjamin Marshall's original design. The recent restoration included replacement of all windows with premium, impact windows by Canadian manufacturer Loewen. The wiring is all new throughout the space. Central air conditioning and new ductwork was added including a central steam humidification system. The original millwork was stripped and repainted, original hardware was restored and new quarter-sawn oak hardwood floors were installed. A new classic white cabinet kitchen with soapstone counters, Miele and Sub-Zero appliances was included in the renovation. A RARE BONUS NOT FOUND IN OTHER APARTMENTS IN THIS TIER IS ADDITIONAL SQUARE FOOTAGE WHICH HAS BEEN INCORPORATED FROM A FORMER STORAGE ROOM INTO A BUTLER'S PANTRY ADJOINING THE KITCHEN. It features a wine refrigerator and extensive storage. Both bathrooms were also renovated with high-end materials in a classic aesthetic. Building amenities include restored lobby, uniformed door, elevator and maintenance staff, large gym, terrace, wine storage, attached parking ($100 per month for up to two vehicles) and on-site manager and engineer.

Price History
6/15/2020 Listed $875,000
8/19/2020 6% - $825,000

General Features

Age 91-100 Years
Assessment Includes Heat, Water, Tax, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Y/N No
Attached Garage Yes
Attached Type High Rise (7+ Stories), Vintage
Built Before 1978 Yes
District Elementary School 299
District High School 299
District Middle/Junior School 299
Exposure N (North), E (East), Lake/Water
Full Baths 2
Garage Spaces 2
HOA Fee 4265
HOA Fee Frequency Monthly
Interior Features Hardwood Floors, Storage
Internet Listing Yes
Management Manager On-site, Monday through Friday
Management Company Self Managed
New Construction No
North 1000
Number of Days for Board Approval 30
Owner Can Rent Y/N No
Ownership Co-op
Parking Garage
Pets Allowed (Y/N) Yes
Rehab Yes
Sewer Sewer-Public
Status Active
Subdivision Name Drake Tower
Tax Year 2018
Taxes 20516
Waterfront No
Year Built 1928

Interior Features

2nd Bedroom Flooring Hardwood
Addtl Room 1 Flooring Hardwood
Addtl Room 1 Name Foyer
Addtl Room 2 Name Pantry
Air Conditioning Space Pac
Basement None
Basement Bathrooms (y/n) No
Basement Description None
Bedroom 2 Dimensions 15X12
Common Area Amenities Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Service Elevator, Business Center
Corporate Limits Chicago
Dining Room Combined w/ LivRm
Dining Room Dimensions COMBO
Dining Room Level Main Level
Fireplace Locations Living Room
Fireplaces 1
Heater Fuel Type Hot Water/Steam
Kitchen Appliances Oven/Range, Microwave, Dishwasher, High End Refrigerator, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
Kitchen Dimensions 13X7
Kitchen Flooring Hardwood
Kitchen Window Treatments Blinds
Laundry Level/Floor Not Applicable
Living Area 1770
Living Room Dimensions 33X16
Living Room Flooring Hardwood
Living Room Level/Floor Main Level
Living Room Window Treatments Curtains/Drapes
Management Contact Name Susan Giancarlo
Master Bath Full
Master Bed Dimensions 20X15
Master Bedroom Flooring Hardwood
Master Bedroom Level Main Level
Other Room 1 Dimensions 16X7
Other Room 2 Dimensions 15X6
Other Room 2 Level Main Level
Stories 30
Total Bathrooms 2
Total Rooms 5
Unit Floor Level 5
Virtual Tour Date 2020-06-15T17:44:15

Exterior Features

% Owner Occupied 100
Garage Ownership Fee/Leased
Garage Type Attached
Lot Dimensions COMMON
Offered For Sale Or Rent No
Special Compensation Info. None
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Dining Room COMBO Main Level Hardwood Combined w/ LivRm
Family Room
Foyer 16X7 Main Level Hardwood
Living Room 33X16 Main Level Hardwood
Master Bedroom 20X15 Main Level Hardwood
Pantry 15X6 Main Level Hardwood

Amenities

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

Property vs Zip Code Average in 60611

Price
AVG $890K
$830K
Taxes
AVG $14,041
$20,516
Visits
AVG 59
50
Year Built
AVG 1980
1928
Walkscore
AVG 96
97
Data Provided by Walkscore ® not using MLS data

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