1448 N Lake Shore Drive

Lake Shore Drive is the premier address for the Gold Coast. This luxurious stretch of condominium developments offers an incredible lifestyle close to the heart of downtown Chicago.

One building that has offered luxury condominiums for several decades is 1449 N Lake Shore Drive. Built in 1928, this architectural masterpiece offers a total of 52 units. Buyers can choose from a full range of floor plans, with one, two, three, and four-bedroom condominiums available.

There are currently two units listed on the market at 1448 N Lake Shore Drive. The most affordable unit on the market is a two-bedroom and two-bath condominium that is priced at $375,000. Another two-bedroom condominium is also available. This unit has been on the market for more than 600 days, and has been reduced in price from $625,000 to $425,000.

Buyers will occasionally find other floor plans for sale at 1448 N Lake Shore Drive. Prices for these units range from $252,000 to $285,000 for a one-bedroom condominium. Two-bedroom condominiums are priced from $425,000 to $649,000. Three-bedroom units can be had for $790,000, with some priced as much as $1.35 million. The most luxurious four-bedroom penthouses are priced around $3.8 million.

Each unit at 1448 N Lake Shore Drive comes with a number of luxury amenities. The kitchen offers a generous floor plan, and includes granite countertops, hardwood floors, and an appliance package. Residents also enjoy a formal dining room, hardwood floors throughout the main living areas, and an in-unit washer and dryer.

The development offers a 24-hour doorman service, receiving room, and extra storage. Residents can bring along their pets in this cat and dog-friendly building. Parking is not available onsite, but there are plenty of options in the surrounding neighborhood. Most units offer incredible views of Lake Michigan and the Chicago skyline.

This part of the Gold Coast offers a quiet lifestyle with easy access to parks, beaches, and walking trails along Lake Michigan. Residents can find restaurants, nightlife, and shopping just a few blocks south. State Street, Goethe Street, and Division Street are home to restaurants for every budget and an active nightlife.

Commuters will love the easy connections to downtown Chicago. If you're in a hurry, CTA buses to Union Station stop in front of the building, getting you to work in just a few minutes. Residents can also choose to walk to work. Most of the downtown Chicago business district is within walking distance.

The Gold Coast continues to attract buyers from around Chicago. The neighborhood, as well as the rest of the Near North Side, is the most active real estate market in the city. According to data from the Chicago Association of Realtors, a total of 3,131 condos and lofts were sold in the neighborhood in 2007.

While this represents a 4 percent drop in sales from the previous year, this is still a strong result when compared to the rest of the city. Condo sales across Chicago fell by more than 10 percent in 2007.

Prices continued to rise on the Near North Side during the year. The average sales price climbed by another 7 percent, and shows no signs of slowing in coming months. The popularity of this centrally located neighborhood and a number of new ultra luxurious developments coming to the area will keep property values strong.

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