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  5. 1240 N Lake Shore Dr
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1240 N Lake Shore Dr

1240 N Lake Shore Dr Unit 5a, Chicago, IL, 60610

YEAR BUILT

1976

# STORIES

33

# TOTAL UNITS

44

UNIT SIZE RANGE

1,750-4,000 sqft

Description

1240 N Lake Shore Dr is a high-rise condominium located in Chicago's Gold Coast neighborhood. It stands proudly at the corner of North Lake Shore Drive and East North Avenue. The building was constructed in 1976. It features 33 stories and consists of 42 units. It offers impressive views of both Lake Michigan and the city skyline. Unit sizes range from 1,750 to 4,000 square feet. Buyers can choose from layouts with 2, 3, or 4 bedrooms. Prices for these units vary, generally falling between $1,100,000 and $1,300,000. The lowest sold price in the last year was around $468,000. The average closed price for a unit was approximately $531,250, translating to an average of $283 per square foot. Amenities in the building support an active lifestyle. Full amenities include a laundry room, valet services, and a receiving room. There’s also a fitness center, health club, sauna, bike room, and a party room. Residents can enjoy a sundeck equipped with grills for outdoor gatherings. The building has 24-hour door staff to ensure security and convenience. Units typically have high ceilings and large, floor-to-ceiling windows that enhance the natural light. Each floor usually features only 2 units, allowing for more privacy. Average days on the market hover around 108, giving ample time for potential buyers to consider their options. This location is close to popular restaurants like Pump Room and Booth One, along with grocery shopping at Commissary Inc. Nearby, Oak Street Beach and the Lakefront trails provide opportunities for outdoor recreation. The proximity to Michigan Avenue means access to shopping and entertainment is simple, adding to the appeal of living in this vibrant neighborhood.

Building ImageMLS ID #12315052
Building ImageMLS ID #12299486
Building Image
Building ImageView Listing

1240 N Lake Shore Dr

1240 N Lake Shore Dr Unit 5a, Chicago, IL, 60610

YEAR BUILT

1976

# STORIES

33

# TOTAL UNITS

44

UNIT SIZE RANGE

1,750-4,000 sqft

Description

1240 N Lake Shore Dr is a high-rise condominium located in Chicago's Gold Coast neighborhood. It stands proudly at the corner of North Lake Shore Drive and East North Avenue. The building was constructed in 1976. It features 33 stories and consists of 42 units. It offers impressive views of both Lake Michigan and the city skyline. Unit sizes range from 1,750 to 4,000 square feet. Buyers can choose from layouts with 2, 3, or 4 bedrooms. Prices for these units vary, generally falling between $1,100,000 and $1,300,000. The lowest sold price in the last year was around $468,000. The average closed price for a unit was approximately $531,250, translating to an average of $283 per square foot. Amenities in the building support an active lifestyle. Full amenities include a laundry room, valet services, and a receiving room. There’s also a fitness center, health club, sauna, bike room, and a party room. Residents can enjoy a sundeck equipped with grills for outdoor gatherings. The building has 24-hour door staff to ensure security and convenience. Units typically have high ceilings and large, floor-to-ceiling windows that enhance the natural light. Each floor usually features only 2 units, allowing for more privacy. Average days on the market hover around 108, giving ample time for potential buyers to consider their options. This location is close to popular restaurants like Pump Room and Booth One, along with grocery shopping at Commissary Inc. Nearby, Oak Street Beach and the Lakefront trails provide opportunities for outdoor recreation. The proximity to Michigan Avenue means access to shopping and entertainment is simple, adding to the appeal of living in this vibrant neighborhood.

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Description

1240 N Lake Shore Dr is a high-rise condominium located in Chicago's Gold Coast neighborhood. It stands proudly at the corner of North Lake Shore Drive and East North Avenue. The building was constructed in 1976. It features 33 stories and consists of 42 units. It offers impressive views of both Lake Michigan and the city skyline. Unit sizes range from 1,750 to 4,000 square feet. Buyers can choose from layouts with 2, 3, or 4 bedrooms. Prices for these units vary, generally falling between $1,100,000 and $1,300,000. The lowest sold price in the last year was around $468,000. The average closed price for a unit was approximately $531,250, translating to an average of $283 per square foot. Amenities in the building support an active lifestyle. Full amenities include a laundry room, valet services, and a receiving room. There’s also a fitness center, health club, sauna, bike room, and a party room. Residents can enjoy a sundeck equipped with grills for outdoor gatherings. The building has 24-hour door staff to ensure security and convenience. Units typically have high ceilings and large, floor-to-ceiling windows that enhance the natural light. Each floor usually features only 2 units, allowing for more privacy. Average days on the market hover around 108, giving ample time for potential buyers to consider their options. This location is close to popular restaurants like Pump Room and Booth One, along with grocery shopping at Commissary Inc. Nearby, Oak Street Beach and the Lakefront trails provide opportunities for outdoor recreation. The proximity to Michigan Avenue means access to shopping and entertainment is simple, adding to the appeal of living in this vibrant neighborhood.

1240 N Lake Shore Dr Market Stats Last 12 months

Avg. Listed Price$530,500($274/Sqft.)
Avg. Sale Price$503,834($264/Sqft.)
Year over year list priceDown Arrow33.60%
Year over year sale priceDown Arrow 4.72%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market113 days
Average HOA fees per sqft$1 /monthly
Next

Market Stats

Year over year list priceDown Arrow33.60%
Year over year sale priceDown Arrow4.72%
Total Listings4 Listed
Total sold3 Sold
Average Days on Market113 days
Average HOA fees per sqft$1 /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

Medium
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

1240 N Lake Shore Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 26A26A240033792020-10-22
MLS#: 10805695 		Closed$888,800
Unit 10AB10AB3800461942014-03-19
MLS#: 08438394 		Closed$1,300,000
Unit 10AB10AB3800351452008-06-02
MLS#: 06767165 		Closed$1,100,000
Unit 10AB
10AB

4 Beds

6 Baths

3800 sqft

DateStatusPrice
2014-03-19Closed$1,300,000
MLS#: 08438394
Days On Market194
Unit 10AB
10AB

3 Beds

5 Baths

3800 sqft

DateStatusPrice
2008-06-02Closed$1,100,000
MLS#: 06767165
Days On Market145
Unit 26A
26A

3 Beds

3 Baths

2400 sqft

DateStatusPrice
2020-10-22Closed$888,800
MLS#: 10805695
Days On Market79
View Complete Unit Listing HistorySource By: MRED

Amenities

When you step inside the building, you’ll be greeted by a plethora of fantastic amenities designed to elevate your everyday living. Imagine kicking off your day with a workout in the exercise room or unwinding after work in the sauna. The health club is perfect for those who want to stay active, and the sun-soaked sundeck provides an ideal space for catching up with friends or relaxing with a good book. For hosting events, the party room is at your disposal, and a convenient receiving room ensures your packages are always in safe hands. Plus, with a stunning water view and easy access to numerous bike trails, outdoor enthusiasts will adore the proximity to nature.

Next

Amenities Description

When you step inside the building, you’ll be greeted by a plethora of fantastic amenities designed to elevate your everyday living. Imagine kicking off your day with a workout in the exercise room or unwinding after work in the sauna. The health club is perfect for those who want to stay active, and the sun-soaked sundeck provides an ideal space for catching up with friends or relaxing with a good book. For hosting events, the party room is at your disposal, and a convenient receiving room ensures your packages are always in safe hands. Plus, with a stunning water view and easy access to numerous bike trails, outdoor enthusiasts will adore the proximity to nature.

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

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Receiving Room

Receiving Room

Sauna

Sauna

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

High Speed Conn.

High Speed Conn.

Valet

Valet

Fire Pit

Fire Pit

Policies

For those contemplating furry friends, it’s worth noting that cats are welcome here! However, if you are considering getting a dog, you may need to look elsewhere, as the building does not permit our canine companions. This aspect is something to keep in mind if pets are an essential part of your lifestyle.

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)
1240 N Lake Shore Dr$264/sqft.$1 /sqft.
1240 North Lake Shore Condominiums$283/sqft.$1 /sqft.
1242 N Lake Shore Drive$286/sqft.$1 /sqft.
1242 N Lake Shore Dr$277/sqft.$1 /sqft.
1212 North Lake Shore Condominiums$462/sqft.$2 /sqft.
1212 N Lake Shore Dr$458/sqft.$2 /sqft.

Nearby Schools

1240 N Lake Shore Dr is located in Gold Coast, Chicago, with 33+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|0.39 miles away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|0.43 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.48 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|0.5 miles away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|0.51 miles away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|0.56 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

1240 N Lake Shore Dr is located in Gold Coast, Chicago, with 33+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Ogden Elementary School

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

Latin School of Chicago Lower

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

Cornerstone Academy

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

Salazar Elementary Bilingual Center

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

Lincoln Park Preschool and Kindergarten

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

Payton College Preparatory High School

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

Franklin Elementary Fine Arts Center

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

Catherine Cook School

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

Immaculate Conception School

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

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|Less than 1 Mile Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|Less than 1 Mile Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|Less than 1 Mile Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.04 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.04 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.05 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.14 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.24 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.25 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.28 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.34 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.42 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.55 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.57 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.66 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|1.67 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.71 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.87 Miles Away

St Stanislaus Kostka School

--
Private|Grades PK–8
1255 N Noble St|1.89 Miles Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|1.95 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|1.96 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.98 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.98 Miles Away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|2.00 Miles Away

Transit

Set in Gold Coast, 1240 N Lake Shore Dr provides residents with convenient access to public transit across Chicago. Multiple Bus, Metro are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1700 N Halsted

1.27 miles away|25 min walk

1900 N Halsted

1.4 miles away|27 min walk

300 W Division

0.58 miles away|12 min walk

311 W Division

0.55 miles away|11 min walk

320 N LaSalle

1.21 miles away|24 min walk

321 N LaSalle

1.2 miles away|23 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in Gold Coast, 1240 N Lake Shore Dr provides residents with convenient access to public transit across Chicago. Multiple Bus, Metro are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1700 N Halsted

1.27 miles away|25 min walk

1900 N Halsted

1.4 miles away|27 min walk

300 W Division

0.58 miles away|12 min walk

311 W Division

0.55 miles away|11 min walk

320 N LaSalle

1.21 miles away|24 min walk

321 N LaSalle

1.2 miles away|23 min walk

333 S Franklin Street (Chicago)

2 miles away|39 min walk

350 S. Clark Street (Chicago)

1.93 miles away|37 min walk

530 W Grand

1.31 miles away|26 min walk

700 W Chicago

1.22 miles away|24 min walk

Adams & Canal

1.92 miles away|37 min walk

Adams & Clark

1.79 miles away|35 min walk

Adams & State

1.77 miles away|34 min walk

Adams & S. Wacker

1.86 miles away|36 min walk

Adams & Wabash

1.76 miles away|34 min walk

Adams/Wabash

1.77 miles away|34 min walk

Adams & Wells

1.83 miles away|35 min walk

AM Michigan & Randolph (Chicago)

1.42 miles away|28 min walk

Armitage

1.67 miles away|32 min walk

Armitage (Brown/Purple)

1.67 miles away|32 min walk

Armitage & Clark

1.07 miles away|21 min walk

Armitage & Cleveland

1.22 miles away|24 min walk

Armitage & Fremont

1.59 miles away|31 min walk

Armitage & Halsted

1.49 miles away|29 min walk

Armitage & Larrabee

1.3 miles away|25 min walk

Armitage & Lincoln/Sedgwick

1.15 miles away|22 min walk

Armitage & Orchard

1.4 miles away|27 min walk

Armitage & Seminary

1.78 miles away|35 min walk

Armitage Station (Brown Line)

1.66 miles away|32 min walk

Canal & Madison

1.75 miles away|34 min walk

Canal & Randolph

1.61 miles away|31 min walk

Canal & Randolph/Washington

1.66 miles away|32 min walk

Cannon & Nature Museum/Fullerton

1.59 miles away|31 min walk

Chestnut & Lake Shore Drive

0.59 miles away|12 min walk

Chestnut & Mies Van Der Rohe

0.48 miles away|10 min walk

Chicago (Blue)

1.66 miles away|32 min walk

Chicago-Blue

1.66 miles away|32 min walk

Chicago-Brown

0.79 miles away|16 min walk

Chicago (Brown/Purple)

0.79 miles away|16 min walk

Chicago & Clark

0.65 miles away|13 min walk

Chicago & Elizabeth

1.87 miles away|36 min walk

Chicago & Fairbanks

0.63 miles away|13 min walk

Chicago & Franklin (Brown line)

0.78 miles away|15 min walk

Chicago & Halsted

1.28 miles away|25 min walk

Chicago & Hudson

0.94 miles away|19 min walk

Chicago & Larrabee

1.06 miles away|21 min walk

Chicago & LaSalle

0.69 miles away|14 min walk

Chicago & Michigan

0.58 miles away|12 min walk

Chicago & Mies Van Der Rohe

0.6 miles away|12 min walk

Chicago & Milwaukee (Blue Line)

1.64 miles away|32 min walk

The Neighbourhood: 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.

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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1240 N Lake Shore Dr Demographics

Age Demographics

0–14 Years

5.39%

15–29 Years

33.23%

30–44 Years

24.32%

45–59 Years

14.56%

60+ Years

22.5%

Commute

25.02%

Transit

25.92%

Walk

21.96%

Drive

2.06%

Bike

Housing Ownership

38.99%

Owner Occupied

61.01%

Rental Units

Household Types

Single Family
6.97%
Multi Family
0.42%
Single Person
59.54%
Multi Person
40.46%

Average Income

Household:$11,235,438.17 /yr

Individual:$10,746,696.93 /yr

Education

Bachelors Degree43.43%
High School College4.57%
Diploma2.27%
Post Graduate40.74%
Others8.99%
Next

Education

Diploma2.27%
Post Graduate40.74%
Others8.99%
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    1240 N Lake Shore Dr
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13300 IL RT 47

Huntley, Illinois 60142

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