179 East Lake Shore #502, Chicago IL 60611
$780,000

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Property Description

An opportunity to own one of the few two-bedroom residences on prestigious E Lake Shore Drive, home to Chicago's grand pre-war co-ops. Situated in the coveted Drake Tower, the spacious 1,852 square foot floor plan offers desirable north views of the lake and park from the 33-foot living room and large primary suite. The 2021 renovation transformed the kitchen with modern high-gloss cabinetry, the best appliances including a Bertazzoni gas cooktop and oven, a Bosch dishwasher, a Fisher & Paykel refrigerator, and a wine cooler. The new primary bath was enhanced with marble and modernized with a walk-in shower. Unique to this apartment is a bonus room that could be built-out as an office or a large walk-in closet. This elegant home features classic waxed wood floors, nine and half foot ceilings, an original 1928 marble fireplace, and original hardware designed by the building's architect Benjamin Marshall. The SpacePak air conditioning and new washer/dryer provide modern conveniences. With only 68 residences, shareholders enjoy personal, white glove service from a 24-hour door staff and an elevator operator, an on-site property manager, a live-in engineer and full maintenance staff. Exclusive amenities include a temperature-controlled wine cellar, a state-of-the art exercise room, and a planted terrace. Parking is conveniently located in the attached garage for $200/month, and guest parking is available. Pets are welcome and there is no weight limit for dogs. Contracts are subject to board approval and 50% financing is permitted. The total monthly assessment including property taxes is $4,265.

Features & Information

Key Details

  • List Price $780,000
  • Property Taxes 21472.00
  • Unit Floor Level 5
  • Square Feet 1852
  • Price/ Sq. Ft. $421.17
  • Year Built 1928
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 5
  • Master Bedroom

  • Master Bath F
  • Room Size 15X21
  • Living Room

  • Room Size 16X22
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size 16X11
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 7X14
  • Floor Level Main Level
  • Flooring Other

Additional Rooms

  • Additional Room 1

  • Additional Room 1 Name Foyer
  • Additional Room Size 7X16
  • Additional Room Level Main Level
  • Additional Room Flooring Hardwood
  • Additional Room 2

  • Additional Room 2 Name Other
  • Additional Room Size 6X17
  • Additional Room Level Main Level
  • Additional Room Flooring Other

Interior Features

  • Heating & Cooling

  • Heating Type Radiators
  • Fireplace

  • # of Fireplaces 1
  • Type of Fireplace Wood Burning,Gas Logs

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 2
  • Garage Features Heated

Building Information

  • Number of Units 58
  • Age of Building 91-100 Years
  • Exterior Construction Brick,Stone
  • Common Area Amenities Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator, Business Center
  • Exposure N (North),E (East),City,Lake/Water
  • Pets

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

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property East Of Drake Hotel On East Lake Shore Drive, Across From Lake Michigan.
  • Schools

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

  • Tax 21472.00
  • Tax Year 2022
  • Tax Exemptions None
  • Parcel Identification Number 17032080020000

Utilities

  • Sewer Other

Listed by James Kinney for Baird & Warner | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/23/2024 11:02 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.

Explore Gold Coast

Undoubtedly one of Chicago’s most affluent neighborhoods, the Gold Coast is a mix of grand 19th century mansions, luxury high-rise condominiums and renovated gray and brownstone walkups. Here, old and new seamlessly blend together with the connecting thread of wealth and status. Shaded avenues, landscaped walkways and prim wrought-iron fences add to the neighborhood’s refined appeal. A stroll among the massive stone structures that once housed many of Chicago’s wealthiest and most influential families is breathtaking.

Sharing the block with lofty, contemporary condos are majestic, symmetrical Georgian Revival mansions and impressive, stone-turreted Richardsonian Romanesque townhouses that unquestionably suit the elite, but welcome the attention of any passerby. In fact, Gold Coast neighborhood architecture and history is celebrated by annual walking tours sponsored by various architectural foundations.

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