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1550 N Lake Shore Drive , 2C

Chicago, IL 60610
  • $250,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 11750956
UPDATED: 25 min ago
$250,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Condo
Built:
1958
County:

School Ratings & Info

School District:
299

Description

Rarely available and conveniently located Gold Coast condo. Elevator or walk up the stairs to this spacious and bright second floor home. Unit Features: hardwood floors, stainless steel appliances, granite countertops, ample closet space, and updated bath. Building features: common laundry room, community library, an exercise room, service elevator, and street level stamped concrete patio. Monthly assessment: $587.61 (includes RCN Cable TV & Internet, heat, water, trash removal, snow removal, common area maintenance, and door staff/management). Additional monthly reserve assessment: $310.19 (voted on annually by the Board and will continue for all of 2023). Total monthly assessment: $897.80. Valet parking offered in the attached heated parking garage for $245/monthly. Bike room fee: $50/yr. per bike. Conventional financing and Cash ONLY - FHA and VA financing is not permitted in the building. 79% owner occupied. Investor friendly - no rental cap! No short-term rentals allowed (i.e. no Airbnb). Minimum 1 year leasing agreement required. Current reserves: $1.6 million (as of November 2022). No upcoming special assessments. Maximum 2 pets allowed per unit. 50-lb. weight maximum when fully grown. No Pitbulls, Rottweilers, Dobermans, Chow Chows, Akitas, or cross breeds of any of the aforementioned dog breeds are permitted. Board interview required. Board has "Right of First Refusal" with a 30-day Board approval. Non-refundable move-in/move-out fees: $350. Monday-Friday moves ONLY. $3.5 million was spent for the remodeled lobby and exterior facade work (2017).

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Maranda Real Estate Group | @Properties. Based on information submitted to the MRED as of 2023-06-02T11:01:31.573 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1550 N Lake Shore Drive , 2C Chicago, IL 60610

  • Price: $250,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 25 min ago
  • MLS #: 11750956
1
Beds
1
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Chi - Near North Side
County:
Cook
Area:
Chi - Near North Side
School District:
299
Property Description
Rarely available and conveniently located Gold Coast condo. Elevator or walk up the stairs to this spacious and bright second floor home. Unit Features: hardwood floors, stainless steel appliances, granite countertops, ample closet space, and updated bath. Building features: common laundry room, community library, an exercise room, service elevator, and street level stamped concrete patio. Monthly assessment: $587.61 (includes RCN Cable TV & Internet, heat, water, trash removal, snow removal, common area maintenance, and door staff/management). Additional monthly reserve assessment: $310.19 (voted on annually by the Board and will continue for all of 2023). Total monthly assessment: $897.80. Valet parking offered in the attached heated parking garage for $245/monthly. Bike room fee: $50/yr. per bike. Conventional financing and Cash ONLY - FHA and VA financing is not permitted in the building. 79% owner occupied. Investor friendly - no rental cap! No short-term rentals allowed (i.e. no Airbnb). Minimum 1 year leasing agreement required. Current reserves: $1.6 million (as of November 2022). No upcoming special assessments. Maximum 2 pets allowed per unit. 50-lb. weight maximum when fully grown. No Pitbulls, Rottweilers, Dobermans, Chow Chows, Akitas, or cross breeds of any of the aforementioned dog breeds are permitted. Board interview required. Board has "Right of First Refusal" with a 30-day Board approval. Non-refundable move-in/move-out fees: $350. Monday-Friday moves ONLY. $3.5 million was spent for the remodeled lobby and exterior facade work (2017).
Exterior Features

Exterior Building Type Brick Garage Onsite Yes Garage Ownersite Fee/Leased Garage Type Attached Is Parking Included In Price No Parking Details Garage Stories Total 33 Unit Floor Level 2 Waterfront YN No

Interior Features

Approximate Finished Sq Ft 0 Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 1 Cooling Window/Wall Units - 2 Heating Steam Room Type No Additional Rooms Rooms (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) Bedroom 2 (N/A) Bedroom 3 (N/A) Bedroom 4 (N/A) Dining Room (N/A) Family Room (N/A) Kitchen (Main) Laundry (N/A) Living Room (N/A) Master Bedroom (Main) Rooms Total 2 Total Sq Ft 0 Unfinished Sqft 0

Property Features

Age 61-70 Years Assessor Square Footage 0 Association Fee 898 Association Fee Frequency Monthly Association Fee Includes HeatWaterDoormanTv/CableExercise FacilitiesExterior MaintenanceScavengerSnow RemovalInternet Built Before1978 YN Yes Corporate Limits Chicago Disability Access And Or Equipped No General Information None Lease Amount 245 Master Association Fee Frequency Not Required Max Pet Weight 50 Mls Actual Status Active New Construction YN No Ownership Condo Pets Allowed Cats OkDogs Ok Pets Allowed YN Yes Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3692.73 Tax Year 2021 Total Numberof Unitsin Building 193 Township North Chicago Type Attached Single Type Attached Condo Water Source Lake Michigan

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate: 312-682-8500.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Maranda Real Estate Group | @Properties. Based on information submitted to the MRED as of 2023-06-02T11:01:31.573 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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