1040 N Lake Shore Dr
1040 N Lake Shore Dr, Chicago, IL, 60611
Year Built
1964
# Stories
40
# Total Units
80
Unit Size Range
1,700-5,393 sqft
Unit Demand
Low
Unit Availability
Low
About 1040 N Lake Shore Dr
The building at 1040 N Lake Shore Drive is a high-rise located in the Gold Coast neighborhood of Chicago. This impressive structure has 40 stories and contains 80 units. It was built in 1964 and has a variety of unit sizes ranging from 1,700 to 5,393 square feet. Prices for these units range from $2,725,000 to $2,750,000. Reports show that the average selling price stands around $1,383,667. The average price per square foot is about $480 based on sales from the past year. It typically takes about 151 days for a unit to sell. The building offers attractive amenities for residents. Features include an indoor pool, fitness center, and a rooftop deck with grills. There’s also a ballroom with a catering kitchen and a 24-hour door staff for added security. Valet parking is included with one space per unit. Views from the building are stunning. Many units overlook Lake Michigan and Oak Street Beach. Floor-to-ceiling windows provide abundant natural light. Spacious balconies give residents a personal outdoor space. This location is just steps away from Michigan Avenue, which is known for shopping and dining. Nearby businesses include Fig & Olive, Oak Street Beachstro, and The Levy Restaurants. These local spots enhance the community feel of the neighborhood. Living here allows a vibrant lifestyle not far from the water. The proximity to parks and outdoor spaces also offers a great opportunity for relaxation and enjoyment. A blend of urban living and serene views makes this building desirable for potential buyers.
Amenities
What makes this location even more appealing? The fantastic amenities designed to fit your lifestyle! Imagine enjoying a refreshing swim in the private indoor pool after a long day or letting your cares float away in the spa and hot tub. For fitness enthusiasts, a well-equipped exercise room and health club await. Plus, you can gather with friends in the party room, or simply relax on the sun-drenched sundeck. Need laundry services? You’re covered with convenient laundry facilities, along with valet and cleaning services that make home maintenance a breeze.
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
Living here comes with ease. The building policies are friendly, ensuring you feel at home without restrictive rules getting in the way of your lifestyle. Simply put, you can focus on enjoying life.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
1040 N Lake Shore Dr Market Report (last 12 months)
21.53%
16
151 12.04%
121040 N Lake Shore Dr Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 25D | 3020 | 3 | 4 | 77 | 2024-06-27 MLS#: 12025577 | Closed | $2,725,000 |
 | 32C | 3000 | 3 | 4 | 330 | 2019-05-23 MLS#: 09999986 | Closed | $2,710,000 |
 | 36D | 4400 | 3 | 5 | 146 | 2008-08-04 MLS#: 06826359 | Closed | $2,750,000 |
3 Beds
4 Baths
3020 sqft
| Date | Status | Price |
|---|---|---|
| 2024-06-27 | Closed | $2,725,000 |
3 Beds
4 Baths
3000 sqft
| Date | Status | Price |
|---|---|---|
| 2019-05-23 | Closed | $2,710,000 |
3 Beds
5 Baths
4400 sqft
| Date | Status | Price |
|---|---|---|
| 2008-08-04 | Closed | $2,750,000 |
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
| Building Name | Avg price per square foot | AVG HOA FEE per square foot (Monthly) |
|---|---|---|
| 1040 N Lake Shore Dr | $480/sqft. | $2 /sqft. |
| 1040 N Lake Shore Dr | $503/sqft. | $2 /sqft. |
| The Carlyle / 1040 North Lake Shore Drive | $519/sqft. | $2 /sqft. |
| The Carlyle / 1040 North Lake Shore Drive | $305/sqft. | $3 /sqft. |
| The Carlyle / 1040 North Lake Shore Drive | $344/sqft. | $1 /sqft. |
| 1110 N Lake Shore Dr | $329/sqft. | $1 /sqft. |
Nearby Schools
Discover top-rated schools located close to 1040 N Lake Shore Dr.
Ogden Elementary School
D+Salazar Elementary Bilingual Center
C-Cornerstone Academy
--Payton College Preparatory High School
A+Latin School of Chicago Lower
--Franklin Elementary Fine Arts Center
C
View nearby schools
Schools
Ogden Elementary School
D+Salazar Elementary Bilingual Center
C-Cornerstone Academy
--Payton College Preparatory High School
A+Latin School of Chicago Lower
--Franklin Elementary Fine Arts Center
CImmaculate Conception School
--Catherine Cook School
--Lincoln Park Preschool and Kindergarten
--Manierre Elementary School
FSkinner North Elementary School
ALasalle Elementary Language Academy
B+Gems World Academy Chicago
--Skinner Elementary School
ACics - Quest North Campus
FNoble St Charter-the Noble Academy
AJenner Elementary Academy of the Arts
--Yccs-Innovations of Arts Integr High School
--Gce Lab School
--Fusion Academy Lp: Chicago- Lincoln Park
--Noble St Charter-Muchin College Preparatory
A+Newberry Elementary Math & Science Academy
B-Intrinsic 2 Charter High School
--Lincoln Park High School
B+Urban Preparatory West Charter School
--Frances Xavier Warde School
--Ogden Intermediate High School
ASt James Lutheran School
--Lincoln Elementary School
A+St Stanislaus Kostka School
--Noble St Charter-Noble Campus
A+Jones College Preparatory High School
ATransit
Experience convenience and connectivity with premium transit options just moments away.
Chestnut & Mies Van Der Rohe
Chestnut & Lake Shore Drive
Chicago & Fairbanks
Chicago & Clark
Chicago & LaSalle
311 W Division
View nearby transit options
Transit
Chestnut & Mies Van Der Rohe
Chestnut & Lake Shore Drive
Chicago & Fairbanks
Chicago & Clark
Chicago & LaSalle
311 W Division
300 W Division
Chicago & Franklin (Brown line)
Chicago-Brown
Chicago (Brown/Purple)
Chicago & Hudson
Chicago & Larrabee
321 N LaSalle
320 N LaSalle
700 W Chicago
530 W Grand
AM Michigan & Randolph (Chicago)
Chicago & Halsted
Armitage & Clark
Armitage & Lincoln/Sedgwick
1700 N Halsted
Armitage & Cleveland
Canal & Randolph
Armitage & Larrabee
Canal & Randolph/Washington
Adams & Wabash
1900 N Halsted
Adams/Wabash
Adams & State
Armitage & Orchard
Canal & Madison
Adams & Clark
Chicago (Blue)
Chicago-Blue
Adams & Wells
Armitage & Halsted
Adams & S. Wacker
350 S. Clark Street (Chicago)
Adams & Canal
Armitage & Fremont
333 S Franklin Street (Chicago)
Cannon & Nature Museum/Fullerton
Armitage Station (Brown Line)
Armitage
Armitage (Brown/Purple)
Chicago & Elizabeth
Armitage & Seminary
Balbo & Michigan
Balbo & Columbus
Balbo & State
The Neighborhood: Gold Coast
The Gold Coast, located in Cook County, IL, exudes historical elegance and contemporary luxury. This prestigious neighborhood is renowned for its magnificent mansions, luxury high-rises, and tree-lined streets. Residents and visitors can indulge in upscale shopping, gourmet dining, and vibrant nightlife. Cultural landmarks and pristine lakeside parks add to its allure. The area's strategic location offers seamless access to Lake Shore Drive, making commuting a breeze. Public transportation options are plentiful, providing easy connectivity to the rest of Chicago.
Demographics For all Gold Coast listings
AVERAGE RESIDENT AGE
41 years old
AVERAGE HOUSEHOLD INCOME
$114,344/year
AVERAGE HOUSEHOLD COMPOSITION
2 People
What to know about Gold Coast demographics:
- Approximately 43.34% of adults in the Gold Coast hold a Bachelor's degree, indicating a highly educated community that appeals to professionals and buyers seeking strong local educational attainment.
- Average age is about 41 years, with the largest cohort falling in the 40 to 44 range — a demographic profile that suits established professionals and families looking for a stable, vibrant neighborhood.
HelloCondo is a division of HelloCasa, LLC
Atlanta, GA 30339
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142