1440 N Lake Shore Drive 16e, Chicago, IL, 60610
$389,000
2
Beds
2
Baths
1,450
Square feet
About 1440 N Lake Shore Drive 16e
Secure immediate cash flow and a premier Gold Coast address with 1440 N Lake Shore Drive, #16E. This rarely available, investor-friendly 2-bedroom, 2-bath residence offers spectacular views of Lake Michigan, Oak Street Beach, and the Chicago skyline. With both east- and west-facing exposures, the home is filled with natural light throughout the day-from beautiful lakefront sunrises to glowing city sunsets and front-row views of the Navy Pier fireworks. The spacious, open-concept living and dining area is ideal for both everyday living and entertaining. A well-designed floor plan features a generous primary suite with an en-suite bath, a versatile second bedroom perfect for guests or a home office, abundant closet space, and the exceptional convenience of a dedicated full laundry room. Located in a full-service Gold Coast high-rise, residents enjoy 24-hour door staff, a beautifully renovated rooftop deck and party room with panoramic lake and city views, a fitness center, and valet garage parking. Monthly assessments offer added convenience and predictability, covering cable, Wi-Fi, and nearly all utilities except electricity. Offered as-is, this pet-friendly residence presents an excellent opportunity for both investors and future owner-occupants. The unit is currently tenant-occupied through July 31, 2027, at $3,800 per month, providing immediate rental income from day one. Just steps from the lakefront trail, Oak Street Beach, top schools, dining, shopping, and everything the Gold Coast has to offer, #16E combines strong investment potential, flexibility, and an unbeatable location in one of Chicago's most desirable neighborhoods.
Additional Information: This property is located in the CHI - Near North Side neighborhood, IL. This 2 bedrooms attached single property is priced at $268/sqft.
Facts & Features
| MLS® # | 12671674 |
|---|---|
| Price | $389,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,450 |
| Price per Square Footage | $268.28 |
| Taxes | $8,104 |
| HOA Fees | $1,908 |
| HOA Fees Freq. | Monthly |
| Year Built | 1965 |
| Type | Residential |
| Sub-Type | Attached Single |
| Status | Active |
Community Information
| Address | 1440 N Lake Shore Drive 16e |
|---|---|
| Area | CHI - Near North Side |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60610 |
Amenities
| Amenities | Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner, Laundry |
|---|---|
| Parking Spaces | 1 |
| Parking | Concrete, Circular Driveway, Yes, Leased, Attached, Garage |
| # of Garages | 1 |
| Is Waterfront | Yes |
| Has Pool | No |
Interior
| Interior Features | Built-in Features, Walk-In Closet(s), Open Floorplan |
|---|---|
| Appliances | Double Oven, Dishwasher, Refrigerator, Washer, Dryer |
| Heating | Electric, Radiant |
| Cooling | Wall Unit(s) |
| Fireplace | No |
| # of Stories | 35 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Brick, Glass, Concrete |
|---|---|
| Exterior Features | Roof Deck |
School Information
| District | 299 |
|---|---|
| Elementary | Ogden Elementary |
| Middle | Ogden Elementary |
| High | Lincoln Park High School |
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $8,104 |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|
Listing Map
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