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  5. 247 E Chestnut St
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247 E Chestnut St

247 E Chestnut St Unit 502, Chicago, IL, 60611

YEAR BUILT

1963

# STORIES

26

# TOTAL UNITS

57

UNIT SIZE RANGE

800-4,700 sqft

Description

The building at 247 E Chestnut St is a high-rise structure in the vibrant Streeterville neighborhood. Built in 1963, it stands 26 stories tall with 53 units inside. The size of these units ranges from 800 to 4,700 square feet, providing various options for different lifestyles. Each unit has one to four bedrooms, catering to different needs. Prices for these units range from $769,000 to $830,000. The average selling price sits around $348,112, translating to about $243 per square foot based on recent sales data. Properties here typically spend around 53 days on the market. Many amenities are available for residents. There is a rooftop deck that features grills and a fire pit, perfect for social gatherings. The building includes a fitness center, a receiving room, and a 24-hour doorman, enhancing security and convenience. Each floor has only four units, allowing for more privacy. The location offers easy access to local dining and shopping options. Cafe Cito, The Saloon Steakhouse, and Francesca's On Chestnut are all nearby choices for food and fun. Plus, Lakeshore Park is just steps away, providing outdoor enjoyment and views of Lake Michigan. Units in this building often have floor-to-ceiling windows that bring in plenty of natural light. Some also come with modern finishes and cabinetry. Storage lockers are available too, which can help with organizing personal items.

Building ImageMLS ID #12306644
Building ImageMLS ID #12306725
Building Image
Building ImageView Listing

247 E Chestnut St

247 E Chestnut St Unit 502, Chicago, IL, 60611

YEAR BUILT

1963

# STORIES

26

# TOTAL UNITS

57

UNIT SIZE RANGE

800-4,700 sqft

Description

The building at 247 E Chestnut St is a high-rise structure in the vibrant Streeterville neighborhood. Built in 1963, it stands 26 stories tall with 53 units inside. The size of these units ranges from 800 to 4,700 square feet, providing various options for different lifestyles. Each unit has one to four bedrooms, catering to different needs. Prices for these units range from $769,000 to $830,000. The average selling price sits around $348,112, translating to about $243 per square foot based on recent sales data. Properties here typically spend around 53 days on the market. Many amenities are available for residents. There is a rooftop deck that features grills and a fire pit, perfect for social gatherings. The building includes a fitness center, a receiving room, and a 24-hour doorman, enhancing security and convenience. Each floor has only four units, allowing for more privacy. The location offers easy access to local dining and shopping options. Cafe Cito, The Saloon Steakhouse, and Francesca's On Chestnut are all nearby choices for food and fun. Plus, Lakeshore Park is just steps away, providing outdoor enjoyment and views of Lake Michigan. Units in this building often have floor-to-ceiling windows that bring in plenty of natural light. Some also come with modern finishes and cabinetry. Storage lockers are available too, which can help with organizing personal items.

Next

Description

The building at 247 E Chestnut St is a high-rise structure in the vibrant Streeterville neighborhood. Built in 1963, it stands 26 stories tall with 53 units inside. The size of these units ranges from 800 to 4,700 square feet, providing various options for different lifestyles. Each unit has one to four bedrooms, catering to different needs. Prices for these units range from $769,000 to $830,000. The average selling price sits around $348,112, translating to about $243 per square foot based on recent sales data. Properties here typically spend around 53 days on the market. Many amenities are available for residents. There is a rooftop deck that features grills and a fire pit, perfect for social gatherings. The building includes a fitness center, a receiving room, and a 24-hour doorman, enhancing security and convenience. Each floor has only four units, allowing for more privacy. The location offers easy access to local dining and shopping options. Cafe Cito, The Saloon Steakhouse, and Francesca's On Chestnut are all nearby choices for food and fun. Plus, Lakeshore Park is just steps away, providing outdoor enjoyment and views of Lake Michigan. Units in this building often have floor-to-ceiling windows that bring in plenty of natural light. Some also come with modern finishes and cabinetry. Storage lockers are available too, which can help with organizing personal items.

247 E Chestnut St Market Stats Last 12 months

Avg. Listed Price$339,637($256/Sqft.)

Avg. Sale Price$346,200($245/Sqft.)
Year over year list priceUp Arrow0.09%

Year over year sale priceUp Arrow 5.07%
Total Listings11 Listed

Total sold10 Sold
Average Days on Market62 days

Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow0.09%

Year over year sale priceUp Arrow5.07%
Total Listings11 Listed

Total sold10 Sold
Average Days on Market62 days

Average HOA fees per sqft$2 /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

247 E Chestnut St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 23032303350034382025-06-16
MLS#: 12348340
Closed$769,000
Unit 2301-2303-23042301-2303-2304350034742022-03-25
MLS#: 11301133
Closed$830,000
Unit 24032403210033492007-12-11
MLS#: 06711618
Closed$580,000
Unit 2301-2303-2304
2301-2303-2304

3 Beds

4 Baths

3500 sqft


DateStatusPrice
2022-03-25Closed$830,000
MLS#: 11301133
Days On Market74
Unit 2303
2303

3 Beds

4 Baths

3500 sqft


DateStatusPrice
2025-06-16Closed$769,000
MLS#: 12348340
Days On Market38
Unit 2403
2403

3 Beds

3 Baths

2100 sqft


DateStatusPrice
2007-12-11Closed$580,000
MLS#: 06711618
Days On Market49
View Complete Unit Listing HistorySource By: MRED

Amenities

Life at 247 E Chestnut St is bursting with fantastic amenities that you’ll appreciate every day. Need to unwind after a long day? The sundeck and patio areas invite you to relax outside with stunning views. Engage in a fitness routine at the fully-equipped exercise room, or grab your bike for a ride along nearby trails. With conveniences like a receiving room and service elevators, daily living becomes seamless. Plus, if you adore pets, you’ll be pleased to know that both cats and dogs are welcome here!

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Amenities Description

Life at 247 E Chestnut St is bursting with fantastic amenities that you’ll appreciate every day. Need to unwind after a long day? The sundeck and patio areas invite you to relax outside with stunning views. Engage in a fitness routine at the fully-equipped exercise room, or grab your bike for a ride along nearby trails. With conveniences like a receiving room and service elevators, daily living becomes seamless. Plus, if you adore pets, you’ll be pleased to know that both cats and dogs are welcome here!

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

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Valet

Valet

Fire Pit

Fire Pit

Policies

247 E Chestnut St has straightforward building policies that create a welcoming atmosphere. With size limits and a number limit for pets, you can feel at ease knowing you have the freedom to share your home with your furry friends. The thoughtful limitations ensure that the community remains comfortable for everyone.

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)
247 E Chestnut St$245/sqft.$2 /sqft.
247 East Chestnut Condominiums$257/sqft.$2 /sqft.
260 E Chestnut St$308/sqft.$2 /sqft.
Plaza On Dewitt$312/sqft.$2 /sqft.
850 Dewitt Place Condominiums$234/sqft.$2 /sqft.
The Pearson / 250 East Pearson Condominiums$501/sqft.$2 /sqft.

Nearby Schools

Residents of 247 E Chestnut St 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|0.49 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|0.76 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.79 miles away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|0.81 miles away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|0.82 miles away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|0.97 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 247 E Chestnut St 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

Salazar Elementary Bilingual Center

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

Cornerstone Academy

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

Gems World Academy Chicago

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

Latin School of Chicago Lower

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

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|1.01 Miles Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|1.05 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|1.06 Miles Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.14 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.15 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|1.24 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.33 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.35 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|1.42 Miles Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.45 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.45 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.47 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.47 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.53 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.68 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.68 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.75 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.76 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.78 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.89 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.96 Miles Away

Transit

247 E Chestnut St is located in a well-connected part of Streeterville, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

1100 S Columbus (Pedestrian Underpass)

1.99 miles away|39 min walk

1700 N Halsted

1.74 miles away|34 min walk

1900 N Halsted

1.91 miles away|37 min walk

300 W Division

0.94 miles away|19 min walk

311 W Division

0.91 miles away|18 min walk

320 N LaSalle

0.94 miles away|19 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

247 E Chestnut St is located in a well-connected part of Streeterville, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

1100 S Columbus (Pedestrian Underpass)

1.99 miles away|39 min walk

1700 N Halsted

1.74 miles away|34 min walk

1900 N Halsted

1.91 miles away|37 min walk

300 W Division

0.94 miles away|19 min walk

311 W Division

0.91 miles away|18 min walk

320 N LaSalle

0.94 miles away|19 min walk

321 N LaSalle

0.92 miles away|18 min walk

333 S Franklin Street (Chicago)

1.65 miles away|32 min walk

350 S. Clark Street (Chicago)

1.54 miles away|30 min walk

530 W Grand

1.27 miles away|25 min walk

700 W Chicago

1.36 miles away|26 min walk

Adams & Canal

1.64 miles away|32 min walk

Adams & Clark

1.42 miles away|28 min walk

Adams & State

1.36 miles away|27 min walk

Adams & S. Wacker

1.56 miles away|30 min walk

Adams & Wabash

1.32 miles away|26 min walk

Adams/Wabash

1.33 miles away|26 min walk

Adams & Wells

1.49 miles away|29 min walk

AM Michigan & Randolph (Chicago)

0.97 miles away|19 min walk

Armitage & Clark

1.63 miles away|32 min walk

Armitage & Cleveland

1.76 miles away|34 min walk

Armitage & Larrabee

1.84 miles away|36 min walk

Armitage & Lincoln/Sedgwick

1.7 miles away|33 min walk

Armitage & Orchard

1.93 miles away|37 min walk

Balbo & Columbus

1.72 miles away|34 min walk

Balbo & Michigan

1.74 miles away|34 min walk

Balbo & State

1.77 miles away|34 min walk

Canal & Madison

1.5 miles away|29 min walk

Canal & Randolph

1.4 miles away|27 min walk

Canal & Randolph/Washington

1.44 miles away|28 min walk

Chestnut & Lake Shore Drive

0.08 miles away|2 min walk

Chestnut & Mies Van Der Rohe

0.14 miles away|3 min walk

Chicago (Blue)

1.82 miles away|35 min walk

Chicago-Blue

1.82 miles away|35 min walk

Chicago-Brown

0.83 miles away|16 min walk

Chicago (Brown/Purple)

0.83 miles away|16 min walk

Chicago & Clark

0.58 miles away|12 min walk

Chicago & Fairbanks

0.11 miles away|3 min walk

Chicago & Franklin (Brown line)

0.81 miles away|16 min walk

Chicago & Halsted

1.42 miles away|28 min walk

Chicago & Hudson

1.03 miles away|20 min walk

Chicago & Larrabee

1.17 miles away|23 min walk

Chicago & LaSalle

0.68 miles away|13 min walk

Chicago & Michigan

0.25 miles away|5 min walk

Chicago & Mies Van Der Rohe

0.13 miles away|3 min walk

Chicago & Milwaukee (Blue Line)

1.82 miles away|35 min walk

Chicago OTC

1.53 miles away|30 min walk

Chicago & Racine

1.94 miles away|38 min walk

Chicago (Red)

0.44 miles away|9 min walk

Chicago-Red

0.44 miles away|9 min walk

The Neighbourhood: Streeterville

Streeterville, located in the heart of Chicago, is a vibrant neighborhood known for its modern skyscrapers and stunning lakefront views. The area boasts an array of attractions, including Navy Pier and the Museum of Contemporary Art. Fine dining and luxury shopping are abundant along the Magnificent Mile, offering a dynamic urban lifestyle. Residents enjoy easy access to Lake Michigan's beautiful beaches and waterfront parks. Commuting is seamless, with excellent public transportation links and close proximity to major expressways.

Next

Neighbourhood Description

Streeterville, located in the heart of Chicago, is a vibrant neighborhood known for its modern skyscrapers and stunning lakefront views. The area boasts an array of attractions, including Navy Pier and the Museum of Contemporary Art. Fine dining and luxury shopping are abundant along the Magnificent Mile, offering a dynamic urban lifestyle. Residents enjoy easy access to Lake Michigan's beautiful beaches and waterfront parks. Commuting is seamless, with excellent public transportation links and close proximity to major expressways.

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247 E Chestnut St Demographics

Age Demographics

0–14 Years

4.92%

15–29 Years

33.75%

30–44 Years

25.16%

45–59 Years

14.44%

60+ Years

21.74%

Commute

22.2%

Transit

29.9%

Walk

21.46%

Drive

1.89%

Bike

Housing Ownership

37.55%

Owner Occupied

62.45%

Rental Units

Household Types

Single Family
6.36%
Multi Family
0.47%
Single Person
59.26%
Multi Person
40.74%

Average Income

Household:$11,605,983.28 /yr

Individual:$11,533,860.49 /yr

Education

Bachelors Degree42.92%
High School College4.2%
Diploma2.05%
Post Graduate42.31%
Others8.51%
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Education

Diploma2.05%
Post Graduate42.31%
Others8.51%
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  3. /
    247 E Chestnut St
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