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179 E Lake Shore Unit 502
Chicago, IL 60611

  • 2 Beds
  • 2 Baths
  • 1,852 Sq. Ft.
  • Built In 1928
Price

$730,000

Est Payment
$8,135 / month (details)  
Taxes
$21,472  
Assessments
$2,476  
Beds
2  
Baths
2  
Rooms
5  
Type
Attached Single  
Sq. Ft.
1,852  
Lot Size
1852 SQUARE FEET  
Built
1928  
Neighborhood
Streeterville  
MLS
#12159401
Status
Active (7 months)

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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
16X22
Dining Room
Main
Hardwood
16X11
Kitchen
Main
Other
7X14
Family Room
N/A
Laundry
N/A
Master Bedroom
Main
Hardwood
15X21
Bedroom 2
Main
Hardwood
12X15
Bedroom 3
N/A
Bedroom 4
N/A
Foyer
Main
Hardwood
7X16
Other Room
Main
Other
6X17

Utilities

  • Heating Radiator(s)
  • Cooling Central Air, Space Pac
  • Water Lake Michigan
  • Sewer Other

Additional Information

Assessment Includes
Heat, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Lawn Care, Scavenger, Snow Removal
Common Amenities
Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s), Business Center
Interior Features
Hardwood Floors, First Floor Bedroom, Storage
Pets Allowed
Cats OK, Dogs OK, Number Limit
Sub/Complex
Drake Tower
Parking
2 Garage Spaces, Heated, Garage On Site, Fee/Leased, Parking not included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-13-2024 Listed at $780,000
01-02-2025 Price decreased by $50,000 to $730,000
Last Modified 1/8/25 12:05 AM

Nearby Transportation

  • Bus 151 0.1 mi
  • Bus 157 0.1 mi
  • Bus 143 0.1 mi
  • Bus 146 0.1 mi
  • Bus 147 0.1 mi
  • Bus 148 0.1 mi
  • Bus 125 0.1 mi
  • Bus 10 0.1 mi
  • Bus 26 0.3 mi
  • Bus 66 0.3 mi
  • Bus 3 0.3 mi
  • Bus 121 0.3 mi
  • Bus 120 0.3 mi
  • Bus 36 0.3 mi
  • Bus 22 0.4 mi
  • Metra Electric 1.1 mi
  • Red Line 0.4 mi
  • Brown Line 0.7 mi
  • Purple Line 0.7 mi
  • Green Line 1.0 mi
  • Pink Line 1.0 mi
  • Orange Line 1.0 mi
  • Blue Line 1.1 mi
  • Maven 0.1 mi
  • ZipCar 0.1 mi
  • I 90 East 0.9 mi
  • I 94 East 0.9 mi
  • I 90 West 0.9 mi
  • I 94 West 0.9 mi
  • I 290 East 2.0 mi
  • I 290 West 2.4 mi
  • I 55 North 3.3 mi
  • I 55 South 3.3 mi
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