1500 North Lake Shore Drive, Unit 1516B

Chicago, IL 60610

$2,200,000
Price
4
Beds
5
Baths
1
1/2 Bath
5,000 Sq. Ft.
$440 / Sq. Ft.
5,000
Sq. Ft.
$440
per Sq. Ft.

Description

Rarely available stunning B-tier duplex in one of Chicago's most iconic and prestigious co-ops. Designed by New York City architect Rosario Candela of Park Avenue fame, 1500 Lake Shore Drive is truly the best in class. This approximately 5,000 square foot, 4 bed/5.1 bath, home has fabulous views from both levels and is flooded with natural light. Sophisticated decor throughout. The first level of the unit has grand public rooms with a library, living room, dining room, an eat-in De Giulio kitchen...Rarely available stunning B-tier duplex in one of Chicago's most iconic and prestigious co-ops. Designed by New York City architect Rosario Candela of Park Avenue fame, 1500 Lake Shore Drive is truly the best in class. This approximately 5,000 square foot, 4 bed/5.1 bath, home has fabulous views from both levels and is flooded with natural light. Sophisticated decor throughout. The first level of the unit has grand public rooms with a library, living room, dining room, an eat-in De Giulio kitchen and breakfast room, and a bedroom (currently used as an office) with an ensuite bath. The grand staircase leads to the second level, which has three bedrooms- could be four- as there is a small den. The primary suite is huge, with two baths, two large walk-in closets, and an exquisite dressing/sitting room. Incredible storage throughout this level. The unit has laundry, three fireplaces, newer windows, a paneled library, hardwood floors, moldings, and high ceilings. The building is full service with abundant door staff, on-site property manager, storage, engineer, valet parking in a heated garage, and very easy guest parking. Waitlist for a second parking spot. Newer exercise gym and lovely private park. Two pets are allowed with no weight limit. Exquisite lobby. Building just completed an extensive landscaping project. Other major work has been done in the building e.g. facade work, modernization of the freight and passenger elevators. Steps to Lincoln Park, Mag Mile, The Lincoln Park Zoo, Oak Street beach, Lake Shore Drive, and all Chicago has to offer. Located in the Ogden Elementary School district and a quick walk to Latin and St. Chrysostom's preschool. Building allows 50% financing and requires a 30-to-60-day board approval. Assessment breakdown: $7,778.34 (base assessment) + $3,601.01 (real estate taxes) + $446.25 (parking)= $11,825.60. Assessment includes heat, water, parking, taxes, common insurance, security, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, and storage.

Property Details for 1500 North Lake Shore Drive, Unit 1516B

Area
CHI - Near North Side
Township
North Chicago
Ownership
Co-op
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
Yes
Num of Interior Fireplaces
3
Heat/Fuel
Hot Water/Steam, Radiator(s)

Location

Listing Courtesy of @properties Christie's International Real Estate
Add your commute
LISTING UPDATED: 05/09/2024 12:07 AM

Property Details for 1500 North Lake Shore Drive, Unit 1516B

StatusActive
MLS #12043630
Days on Market17
Taxes-
HOA Fees$11,825 / month
Condo/Co-op Fees-
Compass TypeCo-op
MLS TypeAttached Single / High Rise (7+ Stories)
Year Built1927
CountyCook County

Building

1500 N Lake Shore Dr

57 Units23 StoriesBuilt in 1927

Location

Listing Courtesy of @properties Christie's International Real Estate
Add your commute

Building Information for 1500 North Lake Shore Drive, Unit 1516B

Building/Complex1500 N Lake Shore DrFloor-Stories23Residences57Pet PolicyAllowedYear Built1927

Payment Calculator

$23,831 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

HOA Dues

$11,825

The Payment Calculator is for illustrative purposes only.

Property Information for 1500 North Lake Shore Drive, Unit 1516B

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Ogden Elementary
  • Jr High Middle School: Ogden Elementary
  • High School District: 299
  • High School: Lincoln Park High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Carport, Heated
  • Garage On Site: true
  • Garage Type: Attached
  • Parking: Garage
Pet Information
  • Max Pet Weight: 999.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
Taxes and HOA Information
  • Association Fee Frequency: Monthly
Property Information
Interior Features
  • Interior Property Features: Bar-Dry, Hardwood Floors, Built-in Features, Walk-In Closet(s), Bookcases, Historic/Period Mlwk, Drapes/Blinds, Granite Counters, Separate Dining Room, Pantry
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator, Water View
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 15
  • Fireplace Features: Gas Log, Gas Starter
  • Basement Type: None
  • Bedrooms Possible: 4
  • Air Conditioning: Space Pac, Zoned
  • Electric: Circuit Breakers
  • Basement Description: None
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom,Den/Library
  • Room Type: Breakfast Room, Den, Library, Sitting Room, Foyer, Utility Room-1st Floor, Pantry
  • Num of Baths: 5.1
Exterior Features
  • Type: High Rise (7+ Stories),Vintage
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Wine Cooler/Refrigerator, Cooktop
Property/Lot Information
  • Exterior Property Features: Patio, Storms/Screens, End Unit
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Type Attached: High Rise (7+ Stories), Vintage
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 24
  • Total # Units in Building: 57.0
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Brick, Stone
  • General Information: None
  • North Coordinate: 1500
  • South Coordinate: 0
  • East Coordinate: 100
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Management: Manager On-site,Monday through Friday
  • Management Company: Sudler Property Management
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-05-03T15:46:56
  • Photos Count: 40
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full, Tub & Separate Shwr
  • Master Bedroom Dimensions: 21X18
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 15X19
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 15X13
Bedroom #4 Information
  • 4th Bedroom Level: Main
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 15X12
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 20X17
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X12
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 28X18
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 16X18
Utility Room-1st Floor Information
  • Room Level: Main
  • Room Type: Utility Room-1st Floor
  • Deck Dimensions: 11X8
Pantry Information
  • Room Level: Main
  • Room Type: Pantry
  • Deck Dimensions: 11X6
Den Information
  • Room Level: Second
  • Room Type: Den
  • Deck Dimensions: 9X13
Breakfast Room Information
  • Room Level: Main
  • Room Type: Breakfast Room
  • Deck Dimensions: 15X10
Sitting Room Information
  • Room Level: Second
  • Room Type: Sitting Room
  • Deck Dimensions: 9X20
Library Room Information
  • Room Level: Main
  • Room Type: Library
  • Deck Dimensions: 18X20

Property History for 1500 North Lake Shore Drive, Unit 1516B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1500 North Lake Shore Drive, Unit 1516B

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Franklin Elementary Fine Arts Center
PublicK to 8

Lasalle Elementary Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1500 North Lake Shore Drive, Unit 1516B is a co-op for sale in Chicago, IL 60610. This property was listed for sale on May 3, 2024 by @properties Christie's International Real Estate, it's currently listed at $2,200,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Ogden Elementary School, Lincoln Park High School and Franklin Elementary Fine Arts Center. 1500 North Lake Shore Drive, Unit 1516B is a 4-bed, 5.5-bath, 5,000 sqft co-op built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of @properties Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/09/2024 12:07 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.