1242 N Lake Shore Drive # 25 Chicago, IL ^$ 1,600,000

1242 N Lake Shore Drive # 25

^$ 1,600,000

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1242 N Lake Shore Drive # 25

Chicago, IL, 60611

^$ 1,600,000

Bedrooms4 Baths4.1 Sq 5,327

Monthly Estimate*

^$ 10,634

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Condo for sale in Chicago, IL

for $1,600,000 with 4 bedrooms and 4 full baths, 1 half bath. This 5,327 square foot condo was built in 1920.

Huge 5327 sf duplex home with a 200+ sf terrace. Former home of Samuel Insul and Ray Kroc- offers panoramic wrap around views of lake and city. Home needs some updating but is priced accordingly. Amazing mural commissioned by Ray and Joan Kroc graces the circular stairway that leads to the second floor. Wood burning fireplace in the living room. Huge modern kitchen and a breakfast room with a wonderful lake view from the built-in banquette. Great home for entertaining and large enough for a family. Parking options close by.

Condo Contingent

Price

^$ 1,600,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 22,332

Style

Vintage

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11978074

Features

General

Sewer Public Sewer

Heating Natural Gas Steam

Cooling Central Air Zoned

Possession Closing

Appliances Double Oven Microwave Dishwasher Refrigerator Washer Dryer

HOA 5319

Association Fee Includes Heat Water Insurance Security Doorman Exercise Facilities Exterior Maintenance Scavenger Snow Removal

Pets Allowed Cats OK Dogs OK

Year Built 1920

Township North Chicago

Unit Number 25

Tax Year 2022

Percent Ownership Co-op

Assoc Fee Paid Per Monthly

County Cook

New Construction N

Property Type Residential Attached Single

Contingency Attorney/Inspection

Total Rooms 11

Status Contingent

Directions On Lake Shore between Scott and Goethe

City Chicago

High School District 299

MLS Area CHI - Near North Side

Waterfront Y/N Y

Street Name Lake Shore

Tax Annual Amount 22332

Virtual Tour https://tours.vht.com/BWI/T434368102/nobranding

Days on Market 73

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Sub Type Vintage

Interior

Basement None None

Total Fireplaces 1

Fireplace Features Wood Burning

Total Stories 27

Full Baths 4

Half Baths 1

Street Suffix Drive

Total Bedrooms 4

Room Type Breakfast Room Office Sitting Room Foyer Balcony/Porch/Lanai

Total Baths 5

Bedrooms Possible 4

Total Number of Units 35

Exterior

Water Source Lake Michigan

Total Parking 0

Lot Dimensions COMMON

Exterior Brick

* Excluded Features

List By

Baird & Warner

Broker

jim.kinney@bairdwarner.com

Affordability Calculator

$12,495

Per Month

Monthly Principal & Interest: $10,634
Monthly Property Taxes: $1,861
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Chicago, IL

Average List Price ^$652,573

Percent of Sale Price 59%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$1,600,000		Listed Price

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1242 N Lake Shore Drive # 25, Chicago, IL, 60611 is a Condo for sale at $1,600,000 with 5,327 sqft. 1242 N Lake Shore Drive # 25 has 4 bedrooms, 4.1 baths, and was built in 1920. The property's zip code is 60611 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/1/2024.

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1242 N Lake Shore Drive # 25

Condo for sale in Chicago, IL

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