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  1. Home/
  2. Chicago, IL/
  3. Drake Tower

Drake Tower

179 E Lake Shore Drive, Chicago, IL, 60611

0 Units for Sale

Entrance of a building with tall windows and decorative wall lights.View Listing
MLS ID #12311938
Entrance of a building with tall windows and decorative wall lights.View ListingMLS ID #12311938
Front view of a multi-story building with decorative balconies and large windows.View ListingMLS ID #12269696
Interior view of a gym with exercise equipment and large windows.View ListingMLS ID #12311938
Interior view of a gym with treadmills and exercise equipment.View ListingMLS ID #12269696
YearBuilt

Year Built

1928

Stories

# Stories

30

#TotalUnits

# Total Units

77
UnitSizeRange

Unit Size Range

4,915-5,015 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Drake Tower

Drake Tower, positioned at 179 E Lake Shore Drive, Chicago, IL, is a prominent 30-story structure surrounded by the metropolitan charm of the city. The tower, built in 1928, showcases a classic architectural design, with intricate stonework and elegant detailing reminiscent of early 20th-century construction. It provides residents with a variety of floor plans, including 1, 2, and 3-bedroom units, each thoughtfully designed to maximize living space and comfort. Despite not being waterfront, the tower compensates with its well-curated amenities like a modern fitness center, a refined communal lounge, and secure parking facilities for residents. The building's infrastructure is well-updated with contemporary conveniences, ensuring a seamless urban living experience. The surrounding vicinity of Drake Tower boasts easy access to a rich array of cultural landmarks, shopping destinations, and dining options. Its proximity to Lake Michigan offers ample recreational opportunities, albeit indirectly. Situated in the heart of the city, the building is well-connected by public transportation networks, enhancing accessibility for both residents and visitors. This blend of historical architecture and modern facilities makes Drake Tower a distinctive and enduring feature of Chicago's skyline.

Entrance of a building with tall windows and decorative wall lights.View Listing
MLS ID #12311938
Entrance of a building with tall windows and decorative wall lights.View ListingMLS ID #12311938
Front view of a multi-story building with decorative balconies and large windows.View ListingMLS ID #12269696
Interior view of a gym with exercise equipment and large windows.View ListingMLS ID #12311938
Interior view of a gym with treadmills and exercise equipment.View ListingMLS ID #12269696

Amenities

What makes life at Drake Tower special? Let’s start with the impressive array of amenities! Imagine getting fit in a fully equipped exercise room or enjoying the stunning views from the sundeck. For those who work from home or require a space for meetings, the business center is readily available, ensuring you have everything you need right at your fingertips. There’s also a bike room with access to nearby bike trails—an excellent feature for cycling enthusiasts! Additionally, conveniences such as valet service, elevators, and a receiving room add to the ease of day-to-day life.

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

Building Policies

When it comes to making Drake Tower your home, the policies are quite welcoming! Whether you have a furry friend or are considering adding one, both cats and dogs are allowed, which is a perk in the pet-loving city of Chicago! It's worth mentioning that there are some size limits, making it ideal for those looking for a cozy lifestyle rather than something sprawling.

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

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Drake Tower Market Report (last 12 months)

Avg. List Price
$399,900 ($308/Sqft.)
Year-Over-Year List Price
Down Arrow 14.37%
Total Listings
Listings1
Avg. Days On Market
Calendar76
Avg. Sale Price
$690,000 ($285/Sqft.)
Year-Over-Year Sale Price
Up Arrow 35.59%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$1 /monthly
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Living in Drake Tower

Condo Living at Drake Tower, located at 179 E LAKE SHORE DRIVE, CHICAGO, IL:

If you're looking to dive into the world of homeownership in the Windy City, Drake Tower might just be your ideal launchpad. Nestled along the scenic shores of Lake Michigan, this iconic condo building, constructed in 1928, boasts a timeless charm with its 30 stories offering sweeping views of the lake and the vibrant skyline.

Building Features and Unit Availability:

Drake Tower is home to a cozy community of 77 units, with sizes ranging from 491 to 515 square feet—perfect for first-time buyers looking for a manageable and stylish space. Although availability is low, each unit possesses its unique character that reflects the charm of the building itself. With such a limited inventory, it’s an exciting time for potential buyers looking to secure their little piece of Chicago.

Life at Drake Tower:

Living in a condo at Drake Tower, you’ll find yourself in a neighborly community where 59.62% of residents live alone, while couples make up 32.64%. The mix creates an inviting atmosphere, whether you're a busy professional or a young couple just starting out. With 51.74% homeowners and 48.26% renters, you'll feel right at home, surrounded by others who share a similar journey through this vibrant part of Chicago.

  1. Home/
  2. Chicago, IL/
  3. Drake Tower
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Huntley, Illinois 60142

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