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  5. 1540 N Lake Shore Drive
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1540 N Lake Shore Drive

1540 N Lake Shore Drive, Chicago, IL, 60610

YEAR BUILT

1926

# STORIES

16

# TOTAL UNITS

44

UNIT SIZE RANGE

7,150-7,250 sqft

Description

1540 N Lake Shore Drive sits at the corner of Lake Shore Drive and Belden Avenue. The building is a 16-story high rise built in 1926. The property is a Condo and contains 44 units. The address places the property along the lakefront corridor on Chicago’s north side. Units range from 7,150 to 7,250 sq ft and include 2, 3, and 4 bedrooms. Floor plates allow for large rooms and open circulation. Recent unit price listings run from $3,350,000 to $3,325,000. The listing range reflects whole-floor scale and rare unit sizes. The lowest sold price in the past 12 months was $299,000. The average closed price is $562,000. The price per square foot averages $160 based on sold listings over the last year. Homes in the building spend 106 days on the market. The building enjoys waterfront views of Lake Michigan. Amenities include a receiving room, elevators, an exercise room and a health club. The property also has a sundeck, a bike room and bike trails. A service elevator handles deliveries and larger moves. Common space and amenity access support active and quiet uses without mixing them at the same time. Graham Foundation sits nearby and Chicago Contemporary Preschool serves local families. 1400 Market Place grocery stands within walking distance. Street-level shops and cafes line the nearby avenues and support daily errands. The combination of large units, lake views and on-site amenities gives the building a clear standing in the neighborhood market.

Building ImageMLS ID #12297434
Building ImageMLS ID #12260905
Building Image
Building ImageView Listing

1540 N Lake Shore Drive

1540 N Lake Shore Drive, Chicago, IL, 60610

YEAR BUILT

1926

# STORIES

16

# TOTAL UNITS

44

UNIT SIZE RANGE

7,150-7,250 sqft

Description

1540 N Lake Shore Drive sits at the corner of Lake Shore Drive and Belden Avenue. The building is a 16-story high rise built in 1926. The property is a Condo and contains 44 units. The address places the property along the lakefront corridor on Chicago’s north side. Units range from 7,150 to 7,250 sq ft and include 2, 3, and 4 bedrooms. Floor plates allow for large rooms and open circulation. Recent unit price listings run from $3,350,000 to $3,325,000. The listing range reflects whole-floor scale and rare unit sizes. The lowest sold price in the past 12 months was $299,000. The average closed price is $562,000. The price per square foot averages $160 based on sold listings over the last year. Homes in the building spend 106 days on the market. The building enjoys waterfront views of Lake Michigan. Amenities include a receiving room, elevators, an exercise room and a health club. The property also has a sundeck, a bike room and bike trails. A service elevator handles deliveries and larger moves. Common space and amenity access support active and quiet uses without mixing them at the same time. Graham Foundation sits nearby and Chicago Contemporary Preschool serves local families. 1400 Market Place grocery stands within walking distance. Street-level shops and cafes line the nearby avenues and support daily errands. The combination of large units, lake views and on-site amenities gives the building a clear standing in the neighborhood market.

Next

Description

1540 N Lake Shore Drive sits at the corner of Lake Shore Drive and Belden Avenue. The building is a 16-story high rise built in 1926. The property is a Condo and contains 44 units. The address places the property along the lakefront corridor on Chicago’s north side. Units range from 7,150 to 7,250 sq ft and include 2, 3, and 4 bedrooms. Floor plates allow for large rooms and open circulation. Recent unit price listings run from $3,350,000 to $3,325,000. The listing range reflects whole-floor scale and rare unit sizes. The lowest sold price in the past 12 months was $299,000. The average closed price is $562,000. The price per square foot averages $160 based on sold listings over the last year. Homes in the building spend 106 days on the market. The building enjoys waterfront views of Lake Michigan. Amenities include a receiving room, elevators, an exercise room and a health club. The property also has a sundeck, a bike room and bike trails. A service elevator handles deliveries and larger moves. Common space and amenity access support active and quiet uses without mixing them at the same time. Graham Foundation sits nearby and Chicago Contemporary Preschool serves local families. 1400 Market Place grocery stands within walking distance. Street-level shops and cafes line the nearby avenues and support daily errands. The combination of large units, lake views and on-site amenities gives the building a clear standing in the neighborhood market.

1540 N Lake Shore Drive Key Stats Last 12 months

Avg. Listed Price$1,406,334($359/Sqft.)

Avg. Sale Price$562,000($160/Sqft.)
Year over year list priceUp Arrow36.27%

Year over year sale priceDown Arrow 35.40%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market106 days

Average HOA fees per sqft$1 /monthly
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Key Stats

Year over year list priceUp Arrow36.27%

Year over year sale priceDown Arrow35.40%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market106 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

1540 N Lake Shore Drive Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 14-15N14-15N7200471412023-07-28
MLS#: 11733572
Closed$3,350,000
Unit 9-10S9-10S60004612019-05-17
MLS#: 10384032
Closed$3,325,000
Unit 14-15N14-15N7200476022016-06-15
MLS#: 08758815
Closed$2,700,000
Unit 14-15N
14-15N

4 Beds

7 Baths

7200 sqft


DateStatusPrice
2023-07-28Closed$3,350,000
MLS#: 11733572
Days On Market141
Unit 14-15N
14-15N

4 Beds

7 Baths

7200 sqft


DateStatusPrice
2016-06-15Closed$2,700,000
MLS#: 08758815
Days On Market602
Unit 9-10S
9-10S

4 Beds

6 Baths

6000 sqft


DateStatusPrice
2019-05-17Closed$3,325,000
MLS#: 10384032
Days On Market1
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 1540 N Lake Shore Drive offers more than just a roof over your head; it provides a lifestyle enhanced by fantastic amenities. The building features a health club, exercise room, and sundeck—perfect for soaking up the Chicago sun during those vibrant summer months. If cycling is your thing, you’ll appreciate the bike room and nearby bike trails. The service elevator and receiving room showcase the focus on convenience and ease, allowing you to seamlessly enjoy your living experience.

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Amenities Description

Living at 1540 N Lake Shore Drive offers more than just a roof over your head; it provides a lifestyle enhanced by fantastic amenities. The building features a health club, exercise room, and sundeck—perfect for soaking up the Chicago sun during those vibrant summer months. If cycling is your thing, you’ll appreciate the bike room and nearby bike trails. The service elevator and receiving room showcase the focus on convenience and ease, allowing you to seamlessly enjoy your living experience.

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
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Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Sundeck

Sundeck

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Valet

Valet

Policies

Speaking of living experience, the building has a few policies that may appeal to pet lovers. Both cats and dogs are allowed, so you can easily bring your furry friends along for the journey. Just be sure to check in on any number limits, helping to maintain a calm and pleasant environment for all residents.

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)
1540 N Lake Shore Drive$160/sqft.$1 /sqft.
1540 N Lake Shore Dr$160/sqft.$1 /sqft.
1550 N Lake Shore Dr$285/sqft.$1 /sqft.
1550 North Lake Shore Condominiums$300/sqft.$2 /sqft.
1515 N Astor St$398/sqft.$1 /sqft.
1555 North Astor Condominiums$439/sqft.$2 /sqft.

Nearby Schools

1540 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.

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|0.16 miles away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|0.28 miles away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|0.5 miles away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|0.56 miles away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|0.61 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.67 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

1540 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.

Latin School of Chicago Lower

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

Lincoln Park Preschool and Kindergarten

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

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller 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

Lasalle Elementary Language Academy

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

Cornerstone Academy

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

Manierre Elementary School

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

Salazar Elementary Bilingual Center

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

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton 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

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|Less than 1 Mile Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|Less than 1 Mile Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.00 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.04 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.14 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.16 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.17 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.22 Miles Away

Lincoln Elementary School

A+
Public|Grades KG–8
615 W Kemper Pl|1.33 Miles Away

St James Lutheran School

--
Private|Grades PK–8
2101 N Fremont St|1.41 Miles Away

St Clement School

--
Private|Grades PK–8
2524 N Orchard St|1.61 Miles Away

Alcott Elementary School

A
Public|Grades KG–8
2625 N Orchard St|1.65 Miles Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|1.72 Miles Away

Mayer Elementary School

A
Public|Grades PK–8
2250 N Clifton Ave|1.79 Miles Away

St Stanislaus Kostka School

--
Private|Grades PK–8
1255 N Noble St|1.86 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.93 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.95 Miles Away

Rowe Elementary School

C-
Public|Grades KG–8
1424 N Cleaver St|1.96 Miles Away

Lozano Elementary School

D+
Public|Grades PK–8
1501 N Greenview A...|1.97 Miles Away

Transit

1540 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

1.12 miles away|22 min walk

1900 N Halsted

1.18 miles away|23 min walk

300 W Division

0.69 miles away|14 min walk

311 W Division

0.67 miles away|13 min walk

320 N LaSalle

1.56 miles away|30 min walk

321 N LaSalle

1.55 miles away|30 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

1540 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

1.12 miles away|22 min walk

1900 N Halsted

1.18 miles away|23 min walk

300 W Division

0.69 miles away|14 min walk

311 W Division

0.67 miles away|13 min walk

320 N LaSalle

1.56 miles away|30 min walk

321 N LaSalle

1.55 miles away|30 min walk

530 W Grand

1.57 miles away|31 min walk

700 W Chicago

1.4 miles away|27 min walk

AM Michigan & Randolph (Chicago)

1.8 miles away|35 min walk

Armitage

1.44 miles away|28 min walk

Armitage (Brown/Purple)

1.44 miles away|28 min walk

Armitage & Clark

0.73 miles away|14 min walk

Armitage & Cleveland

0.92 miles away|18 min walk

Armitage & Fremont

1.35 miles away|26 min walk

Armitage & Halsted

1.24 miles away|24 min walk

Armitage & Larrabee

1.02 miles away|20 min walk

Armitage & Lincoln/Sedgwick

0.83 miles away|16 min walk

Armitage & Orchard

1.13 miles away|22 min walk

Armitage & Seminary

1.57 miles away|31 min walk

Armitage Station (Brown Line)

1.43 miles away|28 min walk

Broadway & Diversey

1.81 miles away|35 min walk

Broadway & Surf

1.91 miles away|37 min walk

Canal & Randolph

1.93 miles away|38 min walk

Canal & Randolph/Washington

1.99 miles away|39 min walk

Cannon & Nature Museum/Fullerton

1.21 miles away|24 min walk

Chestnut & Lake Shore Drive

0.94 miles away|19 min walk

Chestnut & Mies Van Der Rohe

0.86 miles away|17 min walk

Chicago (Blue)

1.78 miles away|35 min walk

Chicago-Blue

1.78 miles away|35 min walk

Chicago-Brown

1.06 miles away|21 min walk

Chicago (Brown/Purple)

1.06 miles away|21 min walk

Chicago & Clark

0.99 miles away|19 min walk

Chicago & Elizabeth

1.97 miles away|38 min walk

Chicago & Fairbanks

1.01 miles away|20 min walk

Chicago & Franklin (Brown line)

1.06 miles away|21 min walk

Chicago & Halsted

1.45 miles away|28 min walk

Chicago & Hudson

1.18 miles away|23 min walk

Chicago & Larrabee

1.27 miles away|25 min walk

Chicago & LaSalle

1.01 miles away|20 min walk

Chicago & Michigan

0.96 miles away|19 min walk

Chicago & Mies Van Der Rohe

0.98 miles away|19 min walk

Chicago & Milwaukee (Blue Line)

1.76 miles away|34 min walk

Chicago & Racine

1.86 miles away|36 min walk

Chicago (Red)

0.96 miles away|19 min walk

Chicago-Red

0.96 miles away|19 min walk

Chicago & Sangamon

1.61 miles away|31 min walk

Chicago & State (Red Line)

0.96 miles away|19 min walk

Clark & Arlington

1.36 miles away|26 min walk

Clark & Armitage

0.72 miles away|14 min walk

Clark & Belden

1.11 miles away|22 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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1540 N Lake Shore Drive Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 6.37% are children aged 0–14, 32.62% are young adults between 15–29, 21.94% are adults aged 30–44, 14.96% are in the 45–59 range and 24.12% are seniors aged 60 and above. Commuting options are also varying where 29.79% of residents relying on public transit, while others prefer walking around 21.52%, driving around 22.52%, biking around 2.12%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 58.91% of units are rented and 41.09% are owner occupied. The neighborhood offers different household types. About 8.05% are single family homes and 0.63% are multi family units. Around 59.29% are single-person households, while 40.71% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 42.99% of residents have bachelor’s degrees. Around 5.14% have high school or college education. Another 2.39% hold diplomas while 39.31% have completed postgraduate studies. The remaining are 10.17% 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 6.37% are children aged 0–14, 32.62% are young adults between 15–29, 21.94% are adults aged 30–44, 14.96% are in the 45–59 range and 24.12% are seniors aged 60 and above. Commuting options are also varying where 29.79% of residents relying on public transit, while others prefer walking around 21.52%, driving around 22.52%, biking around 2.12%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 58.91% of units are rented and 41.09% are owner occupied. The neighborhood offers different household types. About 8.05% are single family homes and 0.63% are multi family units. Around 59.29% are single-person households, while 40.71% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 42.99% of residents have bachelor’s degrees. Around 5.14% have high school or college education. Another 2.39% hold diplomas while 39.31% have completed postgraduate studies. The remaining are 10.17% with other types of qualifications.

Age Demographics

0–14 Years

6.37%

15–29 Years

32.62%

30–44 Years

21.94%

45–59 Years

14.96%

60+ Years

24.12%

Commute

29.79%

Transit

21.52%

Walk

22.52%

Drive

2.12%

Bike

Housing Ownership

41.09%

Owner Occupied

58.91%

Rental Units

Household Types

Single Family
8.05%
Multi Family
0.63%
Single Person
59.29%
Multi Person
40.71%

Average Income

Household:$11,222,108.58 /yr

Individual:$10,561,476.37 /yr

Education

Bachelors Degree42.99%
High School College5.14%
Diploma2.39%
Post Graduate39.31%
Others10.17%
Next

Education

Diploma2.39%
Post Graduate39.31%
Others10.17%
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  3. /
    1540 N Lake Shore Drive
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ZIP Codes
600486005660097
6015160163601946019560305604156042560442604586047160520605326053460550605616065360688
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Paul Ambrogio

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13300 IL RT 47

Huntley, Illinois 60142

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