3150 N Lake Shore Drive

About the Building

Brimming with real estate opportunities, thousands of homebuyers find their dream homes in the beautiful neighborhood of Lakeview East on Chicago’s north side. This particular high-rise condo building, which was built in 1976, sits on the edge of Lincoln Park and just across the street from the shore of Lake Michigan. In addition to overlooking the park and the lake, this ideal location affords stunning views of the downtown Chicago skyline. Most of the units come equipped with large balconies that are perfect for grilling on those lazy summer nights.

This building at 3150 N. Lake Shore Drive is a sought-after residential development that offers quality construction, roomy units and the modern amenities and services you need to live in comfort and style in the big city. Built in the past couple of decades, this structure houses 204 individual units and includes fee/leased parking to accommodate residents with vehicles. The various floorplans consist of anywhere from 1 to 3 bedrooms with an average master bedroom size of 222 square feet and a second bedroom of 132 square feet. However, if you prefer a bit more space to sleep in, there are 240 square-foot bedrooms available in several units.

Some of the building's smaller living rooms provide 255 square feet in which to put that plush wrap-around couch and the new flat screen TV, but the average size is 352 square feet for the main room. Either way, you'll have enough room to spread out and watch your television shows on those quiet nights, or host great get-togethers for the occasional celebratory event or impromptu gathering. Just make sure no little four-legged friends sneak into the party because it would violate the building strict no-pets policy.

While the ability to host parties is often an essential factor in buying a home, there are other more fiscal-aspects you're probably interested in knowing. For example, what the price per sq. foot is for the units in the building and what the properties here are selling for these days. Well, lucky for you, we've got that info right here, too.

At 3150 N. Lake Shore Drive, the average price per square foot is $254, with the minimum listing price for the building at just the right market price. While certain size units (meaning a two- versus a three-bedroom) sell better than others, a 1-bedroom place most recently sold for $205,000 just around 02/06/2007. On top of the pricing data, it's nice to know the market stats for the particular site as well. Once again, we've got that right here for you.

The maximum length of time a unit in this building stays on the market (which means the time between listing and closing) is 224 days. The minimum number of days it takes to sell real estate in this Lakeview building is 59 days. Of the units that are currently listed, 1-bedroom residences are typically on the market for an average of around 60 days.