$380,000
$399,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
1,300 SqFt
SOLD DATE : 02/27/2025
Key Details
Sold Price $380,000
Property Type Condo
Sub Type Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $292
Subdivision Drake Tower
MLS Listing ID 12269696
Sold Date 02/27/25
Bedrooms 1
Full Baths 1
HOA Fees $2,466/mo
Year Built 1928
Tax Year 2023
Lot Dimensions COMMON
Property Sub-Type Co-op
Property Description
A rare offering of one of the largest one-bedroom co-ops on historic E Lake Shore Drive. Located in the prestigious Drake Tower designed by Benjamin Marshall, this impeccably renovated 1,300 square foot residence features every modern upgrade and convenience including new windows, a laundry room with a full-size washer/dryer and a sink, SpacePak air conditioning, and motorized shades. In keeping with the building's architectural significance are timeless, classic details including oak hardwood floors throughout, 9'6" ceilings, picture mouldings, and the original brass hardware designed by Benjamin Marshall. Bathed in natural light on the south-west corner, the grand 28-foot living room is enhanced with a fireplace, custom cabinetry and bookcases, a mirrored-TV, and a built-in bar. The top-of-the-line kitchen with a breakfast bar and a built-in Miele coffee station is outfitted with top-of-the-line appliances, floor-to-ceiling custom cabinetry, and quartz countertops. The large 22' x 14' bedroom features 3 closets, including a walk-in, in addition to a wall of built-in storage. Wrapped in marble, the large bathroom offers a double-sink vanity, a built-in dressing table, a large walk-in shower with multiple body sprays, and heated floors. With only 68 residences, shareholders are treated to personal, white glove service from a 24-hour door staff and elevator operator, an on-site property manager, a live-in engineer and full maintenance staff. Exclusive amenities include a temperature-controlled wine cellar, a large, private storage room, a state-of-the art exercise room, and a planted terrace. Parking is conveniently located in the attached garage for $200/month, and guest parking is available. Pets are welcome and there is no weight limit for dogs. Contracts are subject to board approval and 50% financing is permitted. The monthly assessment of $2,466.54 includes property taxes.
Location
State IL
County Cook
Area Chi - Near North Side
Rooms
Basement None
Interior
Interior Features Bar-Dry, Hardwood Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Bookcases
Heating Steam
Cooling Space Pac
Fireplace N
Laundry In Unit
Exterior
Parking Features Attached
Garage Spaces 1.0
Building
Story 30
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include Heat,Water,Taxes,Insurance,Security,Doorman,Exercise Facilities,Exterior Maintenance,Scavenger,Snow Removal
Ownership Co-op
Special Listing Condition List Broker Must Accompany
Pets Allowed Cats OK, Dogs OK, Number Limit
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Bought with Ryan Gossett • Compass
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