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1240 North Lake Shore Condominiums

1240 N Lake Shore Drive, Chicago, IL, 60610

YearBuilt

Year Built

1970

Stories

# Stories

33

#TotalUnits

# Total Units

81
UnitSizeRange

Unit Size Range

4,150-4,250 sqft

UnitDemand

Unit Demand

Stories

High

UnitAvailability

Unit Availability

Stories

Low

Building Description

1240 North Lake Shore Condominiums is a 33-story residential building prominently located along the waterfront. Completed in 1970, it offers a blend of classic architectural design and modern living amenities. The building’s exterior features a sleek facade, complementing its prime waterfront setting. Residents have access to a variety of amenities, including a state-of-the-art fitness center and a luxurious rooftop terrace with panoramic views of the lake. The condominium offers spacious 1, 2, and 3-bedroom units, each designed to maximize natural light and provide stunning vistas of the surrounding area. A distinct feature of 1240 North Lake Shore Condominiums is its direct access to the lakefront, ideal for residents who enjoy outdoor activities such as jogging and biking along the scenic shoreline. The area is known for its tranquil environment, making it a peaceful retreat from the bustling city life. The property is situated in an established neighborhood known for its mix of residential and commercial spaces, offering convenient access to various dining, shopping, and entertainment options. This location, with its unique combination of city living and natural beauty, provides an unparalleled lifestyle experience for its residents.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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1240 North Lake Shore Condominiums Market Report (last 12 months)

Avg. List Price
$1,120,000 ($362/Sqft.)
Year-Over-Year List Price
Up Arrow 1.01%
Total Listings
Listings2
Avg. Days On Market
Calendar59
Avg. Sale Price
$725,000 ($363/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.41%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$1 /monthly

About 1240 North Lake Shore Condominiums

Condo Living at 1240 North Lake Shore Condominiums, located at 1240 N LAKE SHORE DRIVE, CHICAGO, IL:

If you're a first-time homebuyer looking for a cozy yet vibrant urban lifestyle, 1240 North Lake Shore Condominiums might just tick all the boxes for you. Nestled along the scenic Lake Shore Drive, this inviting building, constructed in 1970, boasts a lofty 33 stories that offer stunning views of Chicago's iconic skyline and the shimmering lake. The condo is an ideal place to create cherished memories and establish your new home base in the Windy City.

Building Features and Unit Availability:

Inside the 1240 North Lake Shore Condominiums, you’ll find 81 units, appealing to various tastes and preferences. While the current availability is low, the demand remains consistently high, underscoring the value of this location. Available units range in size from a comfy 415 to a spacious 425 square feet, perfect for individuals or couples embarking on their real estate journey. With an average closed price of around $725,000 and a price per square foot of $363, it offers great opportunities within an evolving market.

Amenities You'll Love:

Life at 1240 North Lake Shore Condominiums comes with its own suite of delightful amenities. Picture starting your day with a workout in the well-equipped exercise room or unwinding after a long week at the sauna. The building has a health club to keep you fit and active, and if you're feeling social, the party room is perfect for hosting get-togethers with friends. Want to enjoy the warm Chicago sunshine? Head up to the sundeck for relaxation and stunning views. There’s even a bike room and easy access to bike trails for those who prefer cycling through the city.

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Contact
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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(855) 625-0319
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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