1550 North Lake Shore Drive 21-f, Chicago, IL, 60610

About 1550 North Lake Shore Drive 21-f

Gleaming Gold Coast 1 BD/1 BA (780 sq. ft. unit) with south east/west facing views in the most perfectly located high-rise along Lake Shore Drive! Create meals in the remodeled kitchen featuring: granite countertops, KitchenAid stainless steel appliance suite, a garbage disposal, and a 2-seat breakfast bar. Step inside the generously sized bedroom with 2 custom closets the entire length of the north wall. Relax in your California King sized bed and feel the warmth from the abundance of natural sunlight. Experience the serene views of Lake Michigan and Oak Street Beach on a daily basis. There is plenty of room for a proper dining table and at-home office area. Ample storage throughout the bathroom with a pull-out drawer vanity + an expansive mirrored medicine cabinet. Don't miss the 2 additional hallway closets! In-unit laundry can be added per Board approval and must be within 5 feet of kitchen sink (preferred vendors can be provided). Wait for your guests in the pristine lobby with 24-hour door staff and on-site management. Enjoy "Summertime Chi" on the building's soon-to-be-finished rooftop sundeck which overlooks downtown Chicago - truly the perfect seat for Navy Pier's twice a week summer firework shows. Other building features: common laundry room, community library, an exercise room, service elevator, and street level stamped concrete patio. Monthly assessment: $552.84 (includes RCN Cable TV & Internet, heat, water, trash removal, snow removal, common area maintenance, and door staff/management). Additional monthly reserve assessment: $291.84 (voted on annually by the Board and will continue for all of 2023). Total monthly assessment: $844.68. This unit is move-in ready and walking distance to multiple DIVVY bike stations, Chicago History Museum, Equinox, XSport Fitness, The Second City, Zanies Chicago Comedy Club, Walgreens, and Potash Markets. Mere footsteps to the Lincoln Park Chess Pavilion, Green City Market's Lincoln Park farmers' market, North Avenue Beach, Oak Street Beach, and the Lakefront trail. Just 6 blocks to the nightlife and entertainment on Wells St in Old Town. Be a regular at Topo Gigio Ristorante, Old Town Pour House, and Small Cheval! Only 8 blocks to the heart of the Gold Coast where State St and Division St intersect. Meet a friend at Hopsmith Tavern, La Colombe Coffee, Sparrow, sweetgreen, or La Storia. 0.2 miles from the Latin School of Chicago. Pickup the CTA #151 Sheridan bus route (north/south) directly in front of the building. 0.7 miles from the Clark/Division CTA Red Line station. Chicago Public Schools Ogden International Baccalaureate School (K-12) and Lincoln Park High School (9-12). 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 or ongoing special assessments (none in the last 5 years). 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. Sizable storage cage located in the basement included with the sale of the unit. A Thomas Report (Bronze Level) is required for Board review (takes 5-7 Business Days to be produced - paid for by the Buyer: $100). 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).

Additional Information: This property is located in the CHI - Near North Side neighborhood, IL. This 1 bedroom attached single property is priced at $256/sqft.

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