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  5. 1242 N Lake Shore Drive
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1242 N Lake Shore Drive

1242 N Lake Shore Drive, Chicago, IL, 60610

YEAR BUILT

1929

# STORIES

28

# TOTAL UNITS

53

UNIT SIZE RANGE

4,166-4,266 sqft

Description

1242 N Lake Shore Drive stands tall in Chicago, marking its presence along the vibrant North Lake Shore Drive. This high-rise building rises 28 stories and provides stunning views of Lake Michigan. It is positioned at the intersection of North Lake Shore Drive and East North Avenue, offering great access to the city's amenities. Constructed in 1929, the building contains 53 condominium units. Sizes range from 4,166 to 4,266 square feet. Units include layouts with 2, 3, or 4 bedrooms, catering to different living needs. Prices for these units fall between $2,100,000 and $2,625,000, reflecting the upscale nature of the property. Recent sales data highlights that the lowest sold price in the last year was around $600,000. The average closed price stood at about $821,875, with an average price per square foot of $286. Units tend to stay on the market for roughly 163 days, reflecting the competitive nature of the area. Amenities enhance daily living in this building. Residents can enjoy a receiving room, a spa or hot tub, and an exercise room. Pathways for biking and several elevators add to the building's functionality. Each feature supports a comfortable lifestyle for those residing there. Nearby, grocery needs can be met at Commissary Inc. and dining spots like Pump Room and Booth One offer local fare. The combination of waterfront views and city access makes this location desirable. The building reflects the charm of historic architecture while providing modern amenities for today's residents.

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

1242 N Lake Shore Drive

1242 N Lake Shore Drive, Chicago, IL, 60610

YEAR BUILT

1929

# STORIES

28

# TOTAL UNITS

53

UNIT SIZE RANGE

4,166-4,266 sqft

Description

1242 N Lake Shore Drive stands tall in Chicago, marking its presence along the vibrant North Lake Shore Drive. This high-rise building rises 28 stories and provides stunning views of Lake Michigan. It is positioned at the intersection of North Lake Shore Drive and East North Avenue, offering great access to the city's amenities. Constructed in 1929, the building contains 53 condominium units. Sizes range from 4,166 to 4,266 square feet. Units include layouts with 2, 3, or 4 bedrooms, catering to different living needs. Prices for these units fall between $2,100,000 and $2,625,000, reflecting the upscale nature of the property. Recent sales data highlights that the lowest sold price in the last year was around $600,000. The average closed price stood at about $821,875, with an average price per square foot of $286. Units tend to stay on the market for roughly 163 days, reflecting the competitive nature of the area. Amenities enhance daily living in this building. Residents can enjoy a receiving room, a spa or hot tub, and an exercise room. Pathways for biking and several elevators add to the building's functionality. Each feature supports a comfortable lifestyle for those residing there. Nearby, grocery needs can be met at Commissary Inc. and dining spots like Pump Room and Booth One offer local fare. The combination of waterfront views and city access makes this location desirable. The building reflects the charm of historic architecture while providing modern amenities for today's residents.

Next

Description

1242 N Lake Shore Drive stands tall in Chicago, marking its presence along the vibrant North Lake Shore Drive. This high-rise building rises 28 stories and provides stunning views of Lake Michigan. It is positioned at the intersection of North Lake Shore Drive and East North Avenue, offering great access to the city's amenities. Constructed in 1929, the building contains 53 condominium units. Sizes range from 4,166 to 4,266 square feet. Units include layouts with 2, 3, or 4 bedrooms, catering to different living needs. Prices for these units fall between $2,100,000 and $2,625,000, reflecting the upscale nature of the property. Recent sales data highlights that the lowest sold price in the last year was around $600,000. The average closed price stood at about $821,875, with an average price per square foot of $286. Units tend to stay on the market for roughly 163 days, reflecting the competitive nature of the area. Amenities enhance daily living in this building. Residents can enjoy a receiving room, a spa or hot tub, and an exercise room. Pathways for biking and several elevators add to the building's functionality. Each feature supports a comfortable lifestyle for those residing there. Nearby, grocery needs can be met at Commissary Inc. and dining spots like Pump Room and Booth One offer local fare. The combination of waterfront views and city access makes this location desirable. The building reflects the charm of historic architecture while providing modern amenities for today's residents.

1242 N Lake Shore Drive Key Stats Last 12 months

Avg. Listed Price$1,000,000($289/Sqft.)

Avg. Sale Price$821,875($286/Sqft.)
Year over year list priceUp Arrow17.69%

Year over year sale priceDown Arrow 24.43%
Total Listings2 Listed

Total sold4 Sold
Average Days on Market163 days

Average HOA fees per sqft$1 /monthly
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Key Stats

Year over year list priceUp Arrow17.69%

Year over year sale priceDown Arrow24.43%
Total Listings2 Listed

Total sold4 Sold
Average Days on Market163 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 Drive 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

Life at this condo is enhanced by a variety of amenities designed to keep residents happy and comfortable. Start your day right with a workout in the exercise room, then unwind in the spa or hot tub after those long days. If you're a biking enthusiast, the bike room and nearby trails will be your haven. Also, with service elevators within the building, you can easily move your belongings without the hassle, making your condo living experience feel effortless.

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Amenities Description

Life at this condo is enhanced by a variety of amenities designed to keep residents happy and comfortable. Start your day right with a workout in the exercise room, then unwind in the spa or hot tub after those long days. If you're a biking enthusiast, the bike room and nearby trails will be your haven. Also, with service elevators within the building, you can easily move your belongings without the hassle, making your condo living experience feel effortless.

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

It’s important to know that 1242 N Lake Shore Drive is pet-friendly, allowing both cats and dogs—perfect for animal lovers! However, the building does have some policies in place regarding the number and sizing of pets, which keeps everything organized and enjoyable for all residents.

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 Drive$286/sqft.$1 /sqft.
1242 N Lake Shore Dr$277/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

1242 N Lake Shore Drive is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

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
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Description

1242 N Lake Shore Drive is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

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|1.25 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|1.65 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

1242 N Lake Shore Drive is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Chicago. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

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

1242 N Lake Shore Drive is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across Chicago. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

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

1.23 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

1.39 miles away|27 min walk

Armitage & Seminary

1.77 miles away|35 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

0.8 miles away|16 min walk

Chicago (Brown/Purple)

0.8 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

0.64 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.

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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 Drive 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, 24.24% 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 60.97% of units are rented and 39.03% are owner occupied. The neighborhood offers different household types. About 7% are single family homes and 0.43% are multi family units. Around 59.55% are single-person households, while 40.45% 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, 24.24% 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 60.97% of units are rented and 39.03% are owner occupied. The neighborhood offers different household types. About 7% are single family homes and 0.43% are multi family units. Around 59.55% are single-person households, while 40.45% 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

24.24%

45–59 Years

14.56%

60+ Years

22.55%

Commute

25.13%

Transit

25.81%

Walk

21.96%

Drive

2.06%

Bike

Housing Ownership

39.03%

Owner Occupied

60.97%

Rental Units

Household Types

Single Family
7%
Multi Family
0.43%
Single Person
59.55%
Multi Person
40.45%

Average Income

Household:$11,226,149.26 /yr

Individual:$10,731,017.01 /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
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  3. /
    1242 N Lake Shore Drive
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600026001060035
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13300 IL RT 47

Huntley, Illinois 60142

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