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  3. Chicago, IL
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  5. 1040 N Lake Shore Dr
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1040 N Lake Shore Dr

1040 N Lake Shore Dr Unit 12b, Chicago, IL, 60611 |The Carlyle / 1040 North Lake Shore Drive

YEAR BUILT

1964

# STORIES

40

# TOTAL UNITS

84

UNIT SIZE RANGE

1,700-5,393 sqft

Description

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.

Building ImageMLS ID #12516395
Building ImageMLS ID #12375870
Building Image
Building ImageView Listing

1040 N Lake Shore Dr

1040 N Lake Shore Dr Unit 12b, Chicago, IL, 60611

|The Carlyle / 1040 North Lake Shore Drive

YEAR BUILT

1964

# STORIES

40

# TOTAL UNITS

84

UNIT SIZE RANGE

1,700-5,393 sqft

Description

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.

Next

Description

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.

1040 N Lake Shore Dr Market Stats Last 12 months

Avg. Listed Price$1,358,273($507/Sqft.)

Avg. Sale Price$1,414,154($489/Sqft.)
Year over year list priceDown Arrow22.11%

Year over year sale priceDown Arrow 10.11%
Total Listings18 Listed

Total sold13 Sold
Average Days on Market145 days

Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceDown Arrow22.11%

Year over year sale priceDown Arrow10.11%
Total Listings18 Listed

Total sold13 Sold
Average Days on Market145 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1040 N Lake Shore Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 25D25D302034772024-06-27
MLS#: 12025577
Closed$2,725,000
Unit 32C32C3000343302019-05-23
MLS#: 09999986
Closed$2,710,000
Unit 36D36D4400351462008-08-04
MLS#: 06826359
Closed$2,750,000
Unit 25D
25D

3 Beds

4 Baths

3020 sqft


DateStatusPrice
2024-06-27Closed$2,725,000
MLS#: 12025577
Days On Market77
Unit 32C
32C

3 Beds

4 Baths

3000 sqft


DateStatusPrice
2019-05-23Closed$2,710,000
MLS#: 09999986
Days On Market330
Unit 36D
36D

3 Beds

5 Baths

4400 sqft


DateStatusPrice
2008-08-04Closed$2,750,000
MLS#: 06826359
Days On Market146
View Complete Unit Listing HistorySource By: MRED

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.

Next

Amenities Description

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
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

Private Indoor Pool

Private Indoor Pool

Indoor Pool

Indoor Pool

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Private Laundry Hkup

Private Laundry Hkup

Sundeck

Sundeck

Receiving Room

Receiving Room

Spa/Hot Tub

Spa/Hot Tub

Steam Room

Steam Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Wheelchair Orientd

Wheelchair Accessible

Balcony

Balcony

Valet

Valet

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.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

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 NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1040 N Lake Shore Dr$489/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$344/sqft.$1 /sqft.
The Carlyle / 1040 North Lake Shore Drive$305/sqft.$3 /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+
Public|Grades KG–8
24 W Walton St|0.35 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|0.64 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.66 miles away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|0.73 miles away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|0.86 miles away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|0.89 miles away
Next

Schools

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|Less than 1 Mile Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|Less than 1 Mile Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|Less than 1 Mile Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|Less than 1 Mile Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|Less than 1 Mile Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|Less than 1 Mile Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|Less than 1 Mile Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|Less than 1 Mile Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|Less than 1 Mile Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|1.20 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.40 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|1.42 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.51 Miles Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.51 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.51 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.53 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.58 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.80 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.82 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.82 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.83 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.87 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|2.03 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|2.15 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|2.38 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|2.45 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|2.46 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|2.47 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|2.49 Miles Away

St Stanislaus Kostka School

--
Private|Grades PK–8
1255 N Noble St|2.60 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|2.65 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|2.66 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Chestnut & Mies Van Der Rohe

0.36 miles away|7 min walk

Chestnut & Lake Shore Drive

0.55 miles away|11 min walk

Chicago & Fairbanks

0.57 miles away|11 min walk

Chicago & Clark

0.66 miles away|13 min walk

Chicago & LaSalle

0.75 miles away|15 min walk

311 W Division

0.8 miles away|16 min walk
Next

Transit

Chestnut & Mies Van Der Rohe

0.36 miles away|7 min walk

Chestnut & Lake Shore Drive

0.55 miles away|11 min walk

Chicago & Fairbanks

0.57 miles away|11 min walk

Chicago & Clark

0.66 miles away|13 min walk

Chicago & LaSalle

0.75 miles away|15 min walk

311 W Division

0.8 miles away|16 min walk

300 W Division

0.84 miles away|17 min walk

Chicago & Franklin (Brown line)

0.9 miles away|18 min walk

Chicago-Brown

0.91 miles away|18 min walk

Chicago (Brown/Purple)

0.91 miles away|18 min walk

Chicago & Hudson

1.16 miles away|23 min walk

Chicago & Larrabee

1.34 miles away|26 min walk

321 N LaSalle

1.36 miles away|27 min walk

320 N LaSalle

1.37 miles away|27 min walk

700 W Chicago

1.57 miles away|31 min walk

530 W Grand

1.6 miles away|31 min walk

AM Michigan & Randolph (Chicago)

1.62 miles away|31 min walk

Chicago & Halsted

1.65 miles away|32 min walk

Armitage & Clark

1.72 miles away|33 min walk

Armitage & Lincoln/Sedgwick

1.81 miles away|35 min walk

1700 N Halsted

1.87 miles away|36 min walk

Armitage & Cleveland

1.89 miles away|37 min walk

Canal & Randolph

1.94 miles away|38 min walk

Armitage & Larrabee

2 miles away|39 min walk

Canal & Randolph/Washington

2.01 miles away|39 min walk

Adams & Wabash

2.09 miles away|40 min walk

1900 N Halsted

2.09 miles away|41 min walk

Adams/Wabash

2.09 miles away|41 min walk

Adams & State

2.1 miles away|41 min walk

Armitage & Orchard

2.11 miles away|41 min walk

Canal & Madison

2.12 miles away|41 min walk

Adams & Clark

2.14 miles away|41 min walk

Chicago (Blue)

2.18 miles away|42 min walk

Chicago-Blue

2.18 miles away|42 min walk

Adams & Wells

2.19 miles away|43 min walk

Armitage & Halsted

2.23 miles away|43 min walk

Adams & S. Wacker

2.25 miles away|44 min walk

350 S. Clark Street (Chicago)

2.32 miles away|45 min walk

Adams & Canal

2.34 miles away|45 min walk

Armitage & Fremont

2.35 miles away|45 min walk

333 S Franklin Street (Chicago)

2.42 miles away|47 min walk

Cannon & Nature Museum/Fullerton

2.43 miles away|47 min walk

Armitage Station (Brown Line)

2.44 miles away|47 min walk

Armitage

2.45 miles away|47 min walk

Armitage (Brown/Purple)

2.45 miles away|47 min walk

Chicago & Elizabeth

2.47 miles away|48 min walk

Armitage & Seminary

2.59 miles away|50 min walk

Balbo & Michigan

2.67 miles away|52 min walk

Balbo & Columbus

2.68 miles away|52 min walk

Balbo & State

2.69 miles away|52 min walk

The Neighbourhood: 1040 N Lake Shore Dr

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.

Next

Neighbourhood Description

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.

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1040 N Lake Shore Dr Demographics

Age Demographics

0–14 Years

5.18%

15–29 Years

33.24%

30–44 Years

25.08%

45–59 Years

14.57%

60+ Years

21.93%

Commute

23.7%

Transit

27.46%

Walk

21.94%

Drive

1.98%

Bike

Housing Ownership

38.72%

Owner Occupied

61.28%

Rental Units

Household Types

Single Family
6.74%
Multi Family
0.44%
Single Person
59.3%
Multi Person
40.7%

Average Income

Household:$11,500,734.73 /yr

Individual:$11,172,115.25 /yr

Education

Bachelors Degree43.4%
High School College4.35%
Diploma2.15%
Post Graduate41.44%
Others8.66%
Next

Education

Diploma2.15%
Post Graduate41.44%
Others8.66%
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    1040 N Lake Shore Dr
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