Search the Chicago property listings 1550 N Lake Shore DriveClick Here To Get Up To Date Pricing & AvailabilityBuyers on the market for a luxury condominium in Chicago look towards the Gold Coast for the best properties in the city. This prestigious neighborhood offers a number of new and re-sale condos for sale and for rent. One building that has been offering luxury condominiums for more than 40 years is located at 1550 N. Lake Shore Drive. This 190-unit building rises 34 stories over Lake Michigan. Built in 1960, 1550 N. Lake Shore Drive was designed by Shaw Metz & Dolio. Buyers can choose from several floor plans, with one, two, and three-bedroom condominiums available. While there are no units currently listed on the MLS at 1550 N Lake Shore Drive, buyers will occasionally find units available in this popular building. According to data from recent sales listed on the MLS, prices for units at 1550 N Lake Shore Drive start at $220,000 for a one-bedroom condominium. One-bedroom units have sold for as much as $363,000 in recent months. Two-bedroom condominiums are priced from $436,000 to $589,000. The largest three-bedroom condominiums are priced from $523,000 to $885,000. This development also has several rental units that are priced from $1,250 per month for a one-bedroom unit to $2,700 per month for a two-bedroom condominium. Most units that are put on the market at 1550 North Lake Shore Drive have been fully refurbished and offer a number of luxury amenities. Gourmet kitchens come with an appliance package and granite countertops. Residents also enjoy generous floor plans with hardwood floors throughout the main living areas and carpeted bedrooms. The views from 1550 N Lake Shore Drive are incredible. Residents will always enjoy the wide open lake views, as well as panoramic skyline views of the downtown Chicago business district. Large windows let in plenty of natural light throughout the day. The full-amenity building comes with onsite parking, with spaces available for sale or for rent. Monthly rentals cost just $150. Residents also enjoy a 24-hour doorman service, a brand new fitness center and a rooftop sundeck, the perfect place to relax and enjoy the incredible city and lake views. The location of this building can't be beat. Residents enjoy an outdoor lifestyle in the heart of the city. Lincoln Park, lakefront bike paths and walking trails, and the popular Oak Street Beach are all within a short walk from home. The quiet neighborhood doesn't offer a lot of restaurants and nightlife in the immediate area. However, residents can find many restaurants and an active nightlife scene just a few blocks west on Wells in Old Town Chicago. This is one of the most popular neighborhoods for a night on the town in the city. Commuters will love the easy connections to downtown Chicago. Buses run along Lake Shore Drive to Union Station in just a few minutes. Residents can also find an El train at Sedgwick, a few minutes' walk west from the development. The Gold Coast continues to be one of the most active real estate markets in the city. According to the Chicago Association of Realtors, the Near North Side saw a drop of 4 percent in sales in 2007, compared to a 10 percent drop in sales citywide. Prices continue to rise in this prestigious part of Chicago. The average sales price was up 7 percent in 2007, and shows no signs of pulling back in the short term. I'M INTERESTEDTo:
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