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1240 N Lake Shore Dr APT 14A, Chicago, IL, 60610

2beds
4baths
2,200sqft
$450,000
$205price/sqft
$3,203/moest. monthly cost
$128,120/yrincome needed

About This Home

Priced to reflect the need for renovation, this exceptionally rare residence offers a unique chance to bring your vision to life and create a home that's entirely your own in one of Chicago's most iconic lakefront locations. Set high above Lake Michigan and Oak Street Beach, the views are truly remarkable-sweeping, unobstructed panoramas that stretch from the shoreline to the city skyline, with front-row glimpses of Navy Pier fireworks lighting the night sky. Encompassing approximately 2,200 square feet, this is one of only a select few oversized homes within the building-offering a scale and flexibility rarely found along Lake Shore Drive at this price point. Originally designed as a four-bedroom residence, the current layout presents an ideal opportunity to reconfigure and renovate-customizing the space to your needs while adding long-term value. The main living space features floor-to-ceiling windows that frame the ever-changing blues of the lake, filling the home with natural light and creating an open, airy feel. The kitchen is ideally positioned along the curve of Lake Shore Drive, offering a stunning backdrop and strong potential for a thoughtful redesign. A gracious entry introduces a well-placed powder room, while generous storage and existing built-ins provide a solid foundation to build upon. On the west side of the home, equally striking city views create a dynamic contrast to the lakefront panorama. The flexible secondary living space-currently used as a family room and office-can easily be reimagined as a private bedroom with ensuite potential, further enhancing the home's versatility. Additional features include an in-unit washer and dryer and the privacy of just two residences per floor, offering a quieter, more boutique feel within the building. Residents of 1240 Lake Shore Drive enjoy full-service amenities including door staff, an onsite engineer, valet garage parking with car wash service, and a rooftop deck with grilling areas, seating, and panoramic lake and city views. Perfectly positioned just steps from Michigan Avenue, this residence offers the rare opportunity to bring your vision to life-reconfiguring and refining the space into something truly special while capturing long-term upside in a premier location. The seller will also satisfy the current special assessment for riser replacement in full at closing, offering added peace of mind.

Getting Around

94
WalkingWalker's Paradise
87
TransitExcellent Transit
83
BikeVery Bikeable

Schools

4/10
Ogden Elementary SchoolGrades PK-80.4 mi
7/10
Lincoln Park High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1970

Materials

  • Construction materials: Concrete

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Refrigerator,Freezer
  • Laundry features: Washer Hookup,In Unit,Common Area

Basement

  • Basement: None

Bedroom2

  • Level: Main
  • Area: 322
  • Dimensions: 14X23

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Dimensions: COMBO

Features

  • Storage,Built-in Features,Walk-In Closet(s)
  • Window features: Drapes
  • Common walls with other units/homes: End Unit

Foyer

  • Level: Main
  • Area: 98
  • Dimensions: 7X14

Heating & Cooling

  • Heating features: Electric,Indv Controls,Zoned
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 2,200 sqft

Kitchen

  • Features: Kitchen (Pantry-Closet)
  • Level: Main
  • Area: 117
  • Dimensions: 13X9

Living Room

  • Level: Main
  • Area: 629
  • Dimensions: 37X17

Master Bedroom

  • Features: Bathroom (Full)
  • Level: Main
  • Area: 486
  • Dimensions: 27X18

Walk In Closet

  • Level: Main
  • Area: 105
  • Dimensions: 7X15

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 17031110091012
  • Special condition: None

Features

  • Patio & porch: Roof Deck,Deck
  • Exterior features: Outdoor Grill
  • Has view: Yes
  • View description: Front of Property
  • Water view: Front of Property

Parking

  • Total spaces: 1
  • Parking features: Heated Garage,Yes,Leased,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1