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  5. 1242 N Lake Shore Dr
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1242 N Lake Shore Dr

1242 N Lake Shore Dr, Chicago, IL, 60610

YEAR BUILT

1929

# STORIES

27

# TOTAL UNITS

30

UNIT SIZE RANGE

1,850-4,216 sqft

Description

1242 N Lake Shore Dr stands tall in Chicago's Gold Coast neighborhood. This high-rise building, finished in 1929, has 27 stories and features stunning views of Lake Michigan. The architectural design by Robert Seeley DeGolyer adds to the building's charm. It offers 29 units ranging from 1,850 to 4,216 square feet. Each unit provides access to floor-to-ceiling windows that capture the beautiful waterfront scenery. This building has options for 2, 3, and 4 bedrooms, catering to different living arrangements. Prices range from $2,100,000 to $2,625,000, with the average closed price around $821,875. The average price per square foot sits at $286. Residents enjoy several amenities for enhanced living. The building features a receiving room, spa, and exercise room. There is also a bike room and service elevators for practical needs. The 24-hour door staff ensures security and convenience. Pet owners appreciate the pet-friendly policy, which has no weight limit, allowing for more companionship. The property is just steps away from the Magnificent Mile and close to Lincoln Park and the beach. Nearby retailers include Commissary Inc and dining options like Pump Room and Booth One. The site enjoys easy access to important thoroughfares while maintaining a peaceful atmosphere. Living here provides a balance of luxury and daily life. The side driveway assists with convenient pick-ups and drop-offs, adding a thoughtful touch. With only two units per floor, privacy is prioritized. The building combines classic design with modern amenities and a prime location.

Building ImageMLS ID #12325049
Building ImageMLS ID #12297304
Building Image
Building ImageView Listing

1242 N Lake Shore Dr

1242 N Lake Shore Dr, Chicago, IL, 60610

YEAR BUILT

1929

# STORIES

27

# TOTAL UNITS

30

UNIT SIZE RANGE

1,850-4,216 sqft

Description

1242 N Lake Shore Dr stands tall in Chicago's Gold Coast neighborhood. This high-rise building, finished in 1929, has 27 stories and features stunning views of Lake Michigan. The architectural design by Robert Seeley DeGolyer adds to the building's charm. It offers 29 units ranging from 1,850 to 4,216 square feet. Each unit provides access to floor-to-ceiling windows that capture the beautiful waterfront scenery. This building has options for 2, 3, and 4 bedrooms, catering to different living arrangements. Prices range from $2,100,000 to $2,625,000, with the average closed price around $821,875. The average price per square foot sits at $286. Residents enjoy several amenities for enhanced living. The building features a receiving room, spa, and exercise room. There is also a bike room and service elevators for practical needs. The 24-hour door staff ensures security and convenience. Pet owners appreciate the pet-friendly policy, which has no weight limit, allowing for more companionship. The property is just steps away from the Magnificent Mile and close to Lincoln Park and the beach. Nearby retailers include Commissary Inc and dining options like Pump Room and Booth One. The site enjoys easy access to important thoroughfares while maintaining a peaceful atmosphere. Living here provides a balance of luxury and daily life. The side driveway assists with convenient pick-ups and drop-offs, adding a thoughtful touch. With only two units per floor, privacy is prioritized. The building combines classic design with modern amenities and a prime location.

Next

Description

1242 N Lake Shore Dr stands tall in Chicago's Gold Coast neighborhood. This high-rise building, finished in 1929, has 27 stories and features stunning views of Lake Michigan. The architectural design by Robert Seeley DeGolyer adds to the building's charm. It offers 29 units ranging from 1,850 to 4,216 square feet. Each unit provides access to floor-to-ceiling windows that capture the beautiful waterfront scenery. This building has options for 2, 3, and 4 bedrooms, catering to different living arrangements. Prices range from $2,100,000 to $2,625,000, with the average closed price around $821,875. The average price per square foot sits at $286. Residents enjoy several amenities for enhanced living. The building features a receiving room, spa, and exercise room. There is also a bike room and service elevators for practical needs. The 24-hour door staff ensures security and convenience. Pet owners appreciate the pet-friendly policy, which has no weight limit, allowing for more companionship. The property is just steps away from the Magnificent Mile and close to Lincoln Park and the beach. Nearby retailers include Commissary Inc and dining options like Pump Room and Booth One. The site enjoys easy access to important thoroughfares while maintaining a peaceful atmosphere. Living here provides a balance of luxury and daily life. The side driveway assists with convenient pick-ups and drop-offs, adding a thoughtful touch. With only two units per floor, privacy is prioritized. The building combines classic design with modern amenities and a prime location.

1242 N Lake Shore Dr Key Stats Last 12 months

Avg. Listed Price$1,050,000($350/Sqft.)

Avg. Sale Price$864,167($277/Sqft.)
Year over year list priceUp Arrow20.03%

Year over year sale priceDown Arrow 9.67%
Total Listings1 Listed

Total sold3 Sold
Average Days on Market183 days

Average HOA fees per sqft$1 /monthly
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Key Stats

Year over year list priceUp Arrow20.03%

Year over year sale priceDown Arrow9.67%
Total Listings1 Listed

Total sold3 Sold
Average Days on Market183 days

Average HOA fees per sqft$1 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
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

1242 N Lake Shore Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 15154000341712018-02-26
MLS#: 09744352
Closed$2,100,000
Unit 9S9S3000342832012-06-28
MLS#: 07906099
Closed$1,600,000
Unit 20204000451722008-09-15
MLS#: 06842029
Closed$2,625,000
Unit 15
15

3 Beds

4 Baths

4000 sqft


DateStatusPrice
2018-02-26Closed$2,100,000
MLS#: 09744352
Days On Market171
Unit 20
20

4 Beds

5 Baths

4000 sqft


DateStatusPrice
2008-09-15Closed$2,625,000
MLS#: 06842029
Days On Market172
Unit 9S
9S

3 Beds

4 Baths

3000 sqft


DateStatusPrice
2012-06-28Closed$1,600,000
MLS#: 07906099
Days On Market283
View Complete Unit Listing HistorySource By: MRED

Amenities

One major perk about living at 1242 N Lake Shore Dr is its fantastic amenities. Whether you’re looking to stay active or simply relax, the building offers an exercise room for your daily workouts and a serene spa/hot tub area to unwind after a long day. If you enjoy biking, you'll appreciate the bike room and access to bike trails nearby. Plus, with multiple elevators, including service elevators, moving in and out will feel like a breeze, making life here even more enjoyable.

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Amenities Description

One major perk about living at 1242 N Lake Shore Dr is its fantastic amenities. Whether you’re looking to stay active or simply relax, the building offers an exercise room for your daily workouts and a serene spa/hot tub area to unwind after a long day. If you enjoy biking, you'll appreciate the bike room and access to bike trails nearby. Plus, with multiple elevators, including service elevators, moving in and out will feel like a breeze, making life here even more enjoyable.

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

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Receiving Room

Receiving Room

Spa/Hot Tub

Spa/Hot Tub

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Valet

Valet

Policies

Thinking of bringing along your furry friend? Great news! This building is pet-friendly, permitting both cats and dogs. While there are size and number limits on pets, you'll find plenty of room for your beloved companions. Discovering a new place to live is exciting, and knowing your pets can join you makes the process even better!

Next

Amenities Description

Thinking of bringing along your furry friend? Great news! This building is pet-friendly, permitting both cats and dogs. While there are size and number limits on pets, you'll find plenty of room for your beloved companions. Discovering a new place to live is exciting, and knowing your pets can join you makes the process even better!

Pet Allowed
Check
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)
1242 N Lake Shore Dr$277/sqft.$1 /sqft.
1242 N Lake Shore Drive$286/sqft.$1 /sqft.
1240 N Lake Shore Dr$264/sqft.$1 /sqft.
1240 North Lake Shore Condominiums$283/sqft.$1 /sqft.
65 E Goethe Street$759/sqft.$1 /sqft.
60 East Scott$295/sqft.$2 /sqft.

Nearby Schools

Residents of 1242 N Lake Shore Dr enjoy access to nearby educational institutions across Chicago. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|0.4 miles away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|0.42 miles away

Cornerstone Academy

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

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|0.5 miles away

Salazar Elementary Bilingual Center

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

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|0.55 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 1242 N Lake Shore Dr enjoy access to nearby educational institutions across Chicago. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

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

Lincoln Park Preschool and Kindergarten

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

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell 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

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells 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|1.03 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|1.04 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|1.23 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.24 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.27 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.35 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.41 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.56 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.58 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.64 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|1.66 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.72 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|1.88 Miles Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|1.94 Miles Away

Noble St Charter-Noble Campus

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

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|1.98 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.99 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|2.00 Miles Away

Transit

Located in Gold Coast, 1242 N Lake Shore Dr is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Chicago. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1700 N Halsted

1.26 miles away|25 min walk

1900 N Halsted

1.39 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

1.22 miles away|24 min walk

321 N LaSalle

1.21 miles away|24 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in Gold Coast, 1242 N Lake Shore Dr is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Chicago. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

1700 N Halsted

1.26 miles away|25 min walk

1900 N Halsted

1.39 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

1.22 miles away|24 min walk

321 N LaSalle

1.21 miles away|24 min walk

350 S. Clark Street (Chicago)

1.94 miles away|38 min walk

530 W Grand

1.31 miles away|26 min walk

700 W Chicago

1.22 miles away|24 min walk

Adams & Canal

1.93 miles away|37 min walk

Adams & Clark

1.81 miles away|35 min walk

Adams & State

1.78 miles away|35 min walk

Adams & S. Wacker

1.88 miles away|36 min walk

Adams & Wabash

1.78 miles away|35 min walk

Adams/Wabash

1.78 miles away|35 min walk

Adams & Wells

1.84 miles away|36 min walk

AM Michigan & Randolph (Chicago)

1.43 miles away|28 min walk

Armitage

1.66 miles away|32 min walk

Armitage (Brown/Purple)

1.66 miles away|32 min walk

Armitage & Clark

1.06 miles away|21 min walk

Armitage & Cleveland

1.21 miles away|24 min walk

Armitage & Fremont

1.58 miles away|31 min walk

Armitage & Halsted

1.48 miles away|29 min walk

Armitage & Larrabee

1.29 miles away|25 min walk

Armitage & Lincoln/Sedgwick

1.13 miles away|22 min walk

Armitage & Orchard

1.38 miles away|27 min walk

Armitage & Seminary

1.77 miles away|34 min walk

Armitage Station (Brown Line)

1.65 miles away|32 min walk

Canal & Madison

1.76 miles away|34 min walk

Canal & Randolph

1.62 miles away|32 min walk

Canal & Randolph/Washington

1.67 miles away|33 min walk

Cannon & Nature Museum/Fullerton

1.58 miles away|31 min walk

Chestnut & Lake Shore Drive

0.6 miles away|12 min walk

Chestnut & Mies Van Der Rohe

0.49 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

0.66 miles away|13 min walk

Chicago & Elizabeth

1.87 miles away|36 min walk

Chicago & Fairbanks

0.65 miles away|13 min walk

Chicago & Franklin (Brown line)

0.79 miles away|16 min walk

Chicago & Halsted

1.28 miles away|25 min walk

Chicago & Hudson

0.95 miles away|19 min walk

Chicago & Larrabee

1.07 miles away|21 min walk

Chicago & LaSalle

0.7 miles away|14 min walk

Chicago & Michigan

0.59 miles away|12 min walk

Chicago & Mies Van Der Rohe

0.62 miles away|12 min walk

Chicago & Milwaukee (Blue Line)

1.65 miles away|32 min walk

Chicago & Noble

1.99 miles away|39 min walk

The Neighbourhood: Gold Coast

Gold Coast sits along the lake and remains close to the city center. Navy Pier attracts visitors with the Centennial Wheel and seasonal fairs. Maggie Daley Park offers playgrounds, a climbing ribbon, and open green space. Lincoln Park Zoo hosts animals and free exhibits for all ages. Millennium Park brings public art such as Cloud Gate and hosts outdoor concerts. The area contains restaurants such as Gibsons Bar & Steakhouse, Joe's Seafood, Prime Steak & Stone Crab, and Eataly. Purple Pig and Three Dots and a Dash provide dining and bar options nearby. Shows at Second City add comedy to the local night life. CTA Red Line service and CTA bus routes connect this district to other parts of the city. Divvy bike share and lakefront bike paths support short trips for many people. Small shops and high-rise apartments shape daily life across the blocks. Nearby museums, galleries, and music venues host cultural events year round. Garages and paid lots handle many cars while many residents choose to walk. Public spaces draw runners, families, and tourists through the year. Local planners report that the most common age group falls between 25 and 29 and single-person households make the largest share.

Next

Neighbourhood Description

Gold Coast sits along the lake and remains close to the city center. Navy Pier attracts visitors with the Centennial Wheel and seasonal fairs. Maggie Daley Park offers playgrounds, a climbing ribbon, and open green space. Lincoln Park Zoo hosts animals and free exhibits for all ages. Millennium Park brings public art such as Cloud Gate and hosts outdoor concerts. The area contains restaurants such as Gibsons Bar & Steakhouse, Joe's Seafood, Prime Steak & Stone Crab, and Eataly. Purple Pig and Three Dots and a Dash provide dining and bar options nearby. Shows at Second City add comedy to the local night life. CTA Red Line service and CTA bus routes connect this district to other parts of the city. Divvy bike share and lakefront bike paths support short trips for many people. Small shops and high-rise apartments shape daily life across the blocks. Nearby museums, galleries, and music venues host cultural events year round. Garages and paid lots handle many cars while many residents choose to walk. Public spaces draw runners, families, and tourists through the year. Local planners report that the most common age group falls between 25 and 29 and single-person households make the largest share.

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1242 N Lake Shore Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 5.42% are children aged 0–14, 33.22% are young adults between 15–29, 24.25% are adults aged 30–44, 14.56% are in the 45–59 range and 22.55% are seniors aged 60 and above. Commuting options are also varying where 25.81% of residents relying on walking, while others prefer public transit around 25.13%, driving around 21.96%, biking around 2.06%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 60.96% of units are rented and 39.04% are owner occupied. The neighborhood offers different household types. About 7% are single family homes and 0.43% are multi family units. Around 59.54% are single-person households, while 40.46% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 43.42% of residents have bachelor’s degrees. Around 4.59% have high school or college education. Another 2.28% hold diplomas while 40.69% have completed postgraduate studies. The remaining are 9.03% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 5.42% are children aged 0–14, 33.22% are young adults between 15–29, 24.25% are adults aged 30–44, 14.56% are in the 45–59 range and 22.55% are seniors aged 60 and above. Commuting options are also varying where 25.81% of residents relying on walking, while others prefer public transit around 25.13%, driving around 21.96%, biking around 2.06%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 60.96% of units are rented and 39.04% are owner occupied. The neighborhood offers different household types. About 7% are single family homes and 0.43% are multi family units. Around 59.54% are single-person households, while 40.46% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 43.42% of residents have bachelor’s degrees. Around 4.59% have high school or college education. Another 2.28% hold diplomas while 40.69% have completed postgraduate studies. The remaining are 9.03% with other types of qualifications.

Age Demographics

0–14 Years

5.42%

15–29 Years

33.22%

30–44 Years

24.25%

45–59 Years

14.56%

60+ Years

22.55%

Commute

25.13%

Transit

25.81%

Walk

21.96%

Drive

2.06%

Bike

Housing Ownership

39.04%

Owner Occupied

60.96%

Rental Units

Household Types

Single Family
7%
Multi Family
0.43%
Single Person
59.54%
Multi Person
40.46%

Average Income

Household:$11,228,246.23 /yr

Individual:$10,730,621.94 /yr

Education

Bachelors Degree43.42%
High School College4.59%
Diploma2.28%
Post Graduate40.69%
Others9.03%
Next

Education

Diploma2.28%
Post Graduate40.69%
Others9.03%
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  1. Home
  2. /Chicago, IL
  3. /
    1242 N Lake Shore Dr
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ZIP Codes
600566006060061
6007160085601196012660188601896030460403604156044160461605106052760609606186063260652
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13300 IL RT 47

Huntley, Illinois 60142

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