950 North Michigan #5503-5501, Chicago IL 60611
$3,200,000

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Property Description

A rare find in city living. 6000 Sq foot duplex penthouse with 2 balconies and endless breathtaking wrap around East, North & West views of the lake and city. No detail was left unturned in this thoughtful and flexible layout. The gorgeous entryway leads to a den/library with a private bathroom, as well as an elegant living room both enjoying a lakefront balcony. This home has a beautifully 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 3 blind corner pullouts. Other special features include a wine fridge, double oven, oversized refrigerator, 2 additional refrigeration drawers. First floor also has a family room with a dry bar, bedroom, den/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.

Features & Information

Key Details

  • List Price $3,200,000
  • Property Taxes 54265.81
  • Unit Floor Level 55
  • Square Feet 6000
  • Price/ Sq. Ft. $533.33
  • Year Built 1984
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 10
  • Master Bedroom

  • Master Bath F
  • Room Size 24X18
  • Bedroom 2

  • Room Size 21X15
  • Floor Level 2nd Level
  • Flooring Carpet
  • Bedroom 3

  • Room Size 18X15
  • Floor Level 2nd Level
  • Flooring Carpet
  • Bedroom 4

  • Room Size 18X14
  • Floor Level Main Level
  • Flooring Carpet
  • Living Room

  • Room Size 31X24
  • Floor Level Main Level
  • Flooring Hardwood
  • Family Room

  • Room Size 19X28
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size 23X16
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 19X23
  • Kitchen Type Eating Area-Breakfast Bar,Island,Custom Cabinetry,Granite Counters,Updated Kitchen
  • Floor Level Main Level
  • Flooring Porcelain Tile

Additional Rooms

  • Additional Room 1

  • Additional Room 1 Name Den
  • Additional Room Size 14X12
  • Additional Room Level Main Level
  • Additional Room Flooring Hardwood
  • Additional Room 2

  • Additional Room 2 Name Office
  • Additional Room Size 17X17
  • Additional Room Level Main Level
  • Additional Room Flooring Carpet

Interior Features

  • Heating & Cooling

  • Heating Type Electric, Radiant, 2+ Sep Heating Systems, Indv Controls, Zoned

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 2

Building Information

  • Number of Units 181
  • Age of Building 41-50 Years
  • Exterior Construction Marble/Granite
  • Common Area Amenities Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Health Club, On Site Manager/Engineer, Sundeck, Pool-Indoors, Receiving Room, Restaurant, Sauna, Service Elevator, Whirlpool
  • Exposure N (North),E (East),W (West),City,Lake/Water
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK,Pet Count Limitation,Pet Weight Limitation

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property On Michigan Avenue Across From The Drake Hotel Between Oak Street And Walton Street
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 54265.81
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 17032070681156

Utilities

  • Sewer Sewer-Publ

Listed by Judith Pielet for Baird & Warner | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 1/15/2025 2:32 AM. 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.

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