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Lakeview offers some of the best new and re-sale Chicago condominiums. The neighborhood is a popular choice for young professionals looking to enjoy a luxury condominium that is both affordable and close to downtown Chicago.
One of the largest developments in Lakeview is located at 2800 N Lake Shore Drive. This building was completed in 1969, and offers a total of 655 luxury units for sale. Buyers can take advantage of 12 units that are currently for sale on the market. Check all Chicago real estate listings, homes, condos, new & resales. The most affordable condominium that is available at 2800 N Lake Shore Drive is located on the 41st floor. This one-bedroom and one-bath condominium offers a total of 985 square feet of living space, and is priced at just $289,000. There are also several other one-bedroom condominiums currently for sale, with prices ranging from $299,500 to $337,900. If you need some more space, there are also several two-bedroom units for sale at 2800 N Lake Shore Drive. The most affordable condominium is on the 30th floor, and offers a total of 1,325 square feet of living space. This unit has been on the market for just over three months, and has already been reduced in price. After originally being listed for $429,000, the owner decided to bring the price down to $399,000. Other two-bedroom condominiums at 2800 N Lake Shore Drive are priced from $424,900 to as much as $724,950 for a unit that offers all the latest modern luxury amenities. There is also a one-bedroom condominium for rent. This unit is priced at $2,800 per month. Most of the condominiums on the market in this high-rise building have been fully restored, and now offer the same luxury amenities you'd expect from a preconstruction development. Residents enjoy a renovated kitchen with granite countertops, an appliance package, and a choice of cabinets. Most units also offer hardwood floors throughout the main living areas and carpeted bedrooms. Many of these condominiums have incredible panoramic views south to the downtown Chicago business district and Lincoln Park, while many units look out to Lake Michigan. This large development also offers a full list of amenities that include a modern fitness center, outdoor pool and sundeck. Residents can entertain friends and family in the party room. The development also has storage for bikes and extra boxes, a 24-hour doorman, and coin laundry. Parking is available in the heated garage, and can be leased for a small price per month. The neighborhood is one of the best in the city. Residents are just across Diversey Parkway from Lincoln Park, and enjoy easy access to parks, beaches, nightlife, and restaurants. Lakeview has seen a lot of new restaurants and nightlife in recent years, particularly around the Wrigley Field area. Residents are right in front of several acres of open green space, bike and walking trails, and lakefront beaches, making it easy to enjoy an active outdoor lifestyle. Commuters can get to downtown Chicago in minutes via buses that run along Sheridan Road. Lakeview continues to enjoy a strong condominium market, but has seen sales fall in recent months. According to data from the Chicago Association of Realtors, a total of 318 condominiums were sold during the first quarter, down from 409 units sold a year ago. This is the lowest total sales seen in the neighborhood since 2000. However, prices continue to rise. The average sales price was up another 12 percent during the first quarter.
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