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  3. Chicago, IL
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  5. 530 N Lake Shore Drive
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530 N Lake Shore Drive

530 N Lake Shore Drive, Chicago, IL, 60611

YEAR BUILT

2005

# STORIES

30

# TOTAL UNITS

262

UNIT SIZE RANGE

3,450-3,550 sqft

Description

The building at 530 N Lake Shore Drive sits along the shores of Lake Michigan, offering stunning waterfront views. This high-rise structure was built in 2005 and has 30 stories. It contains 262 units, which means there's a mix of spaces for many different lifestyles. The sizes of the units range from 3,450 to 3,550 square feet, providing ample room for residents. Priced between $2,200,000 and $2,300,000, the average selling price is about $571,000. This translates to around $425 per square foot based on recent transactions. The average time on the market is 88 days. Residents enjoy various amenities like a greenhouse, exercise room, and business center. Parking options include valet service, making it easy to come and go. There's also a picnic area and a party room, which can be great for gatherings. Nearby businesses like the Flamingo Bar & Grill and the Private Industry Council add to the community feel. Easy access to main roads and the proximity to local attractions make it straightforward to explore the area. Living here means enjoying a vibrant lifestyle with access to outdoor activities along the lake. The design prioritizes comfort and offers a sense of community for its residents. This building is a good option for those looking for a blend of urban living and leisure.

Building ImageMLS ID #12319671
Building ImageMLS ID #12288441
Building Image
Building ImageView Listing

530 N Lake Shore Drive

530 N Lake Shore Drive, Chicago, IL, 60611

YEAR BUILT

2005

# STORIES

30

# TOTAL UNITS

262

UNIT SIZE RANGE

3,450-3,550 sqft

Description

The building at 530 N Lake Shore Drive sits along the shores of Lake Michigan, offering stunning waterfront views. This high-rise structure was built in 2005 and has 30 stories. It contains 262 units, which means there's a mix of spaces for many different lifestyles. The sizes of the units range from 3,450 to 3,550 square feet, providing ample room for residents. Priced between $2,200,000 and $2,300,000, the average selling price is about $571,000. This translates to around $425 per square foot based on recent transactions. The average time on the market is 88 days. Residents enjoy various amenities like a greenhouse, exercise room, and business center. Parking options include valet service, making it easy to come and go. There's also a picnic area and a party room, which can be great for gatherings. Nearby businesses like the Flamingo Bar & Grill and the Private Industry Council add to the community feel. Easy access to main roads and the proximity to local attractions make it straightforward to explore the area. Living here means enjoying a vibrant lifestyle with access to outdoor activities along the lake. The design prioritizes comfort and offers a sense of community for its residents. This building is a good option for those looking for a blend of urban living and leisure.

Next

Description

The building at 530 N Lake Shore Drive sits along the shores of Lake Michigan, offering stunning waterfront views. This high-rise structure was built in 2005 and has 30 stories. It contains 262 units, which means there's a mix of spaces for many different lifestyles. The sizes of the units range from 3,450 to 3,550 square feet, providing ample room for residents. Priced between $2,200,000 and $2,300,000, the average selling price is about $571,000. This translates to around $425 per square foot based on recent transactions. The average time on the market is 88 days. Residents enjoy various amenities like a greenhouse, exercise room, and business center. Parking options include valet service, making it easy to come and go. There's also a picnic area and a party room, which can be great for gatherings. Nearby businesses like the Flamingo Bar & Grill and the Private Industry Council add to the community feel. Easy access to main roads and the proximity to local attractions make it straightforward to explore the area. Living here means enjoying a vibrant lifestyle with access to outdoor activities along the lake. The design prioritizes comfort and offers a sense of community for its residents. This building is a good option for those looking for a blend of urban living and leisure.

530 N Lake Shore Drive Market Stats Last 12 months

Avg. Listed Price$651,484($427/Sqft.)

Avg. Sale Price$571,000($425/Sqft.)
Year over year list priceUp Arrow10.61%

Year over year sale priceDown Arrow 6.71%
Total Listings6 Listed

Total sold5 Sold
Average Days on Market88 days

Average HOA fees per sqft$2 /monthly
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Market Stats

Year over year list priceUp Arrow10.61%

Year over year sale priceDown Arrow6.71%
Total Listings6 Listed

Total sold5 Sold
Average Days on Market88 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

530 N Lake Shore Drive Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 8058053500353492018-08-23
MLS#: 09745129
Closed$2,200,000
Unit 805805350035832017-07-10
MLS#: 09597973
Closed$2,300,000
Unit 290029003400443082012-02-29
MLS#: 07790544
Closed$1,887,500
Unit 2900
2900

4 Beds

4 Baths

3400 sqft


DateStatusPrice
2012-02-29Closed$1,887,500
MLS#: 07790544
Days On Market308
Unit 805
805

3 Beds

5 Baths

3500 sqft


DateStatusPrice
2018-08-23Closed$2,200,000
MLS#: 09745129
Days On Market349
Unit 805
805

3 Beds

5 Baths

3500 sqft


DateStatusPrice
2017-07-10Closed$2,300,000
MLS#: 09597973
Days On Market83
View Complete Unit Listing HistorySource By: MRED

Amenities

What truly sets 530 N Lake Shore Drive apart are its impressive amenities. Imagine starting your day with a workout in the exercise room or unwinding at the steam room after a long week. For those of you who relish time outdoors, the sundeck and picnic area are perfect spots for soaking up the Chicago sun. If you're a boating enthusiast, the on-site boat dock could be your gateway to a fun-filled day on the water. Additionally, the building provides conveniences like a business center, valet services, and even a greenhouse! This combination of features makes living here feel like a year-round vacation.

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Amenities Description

What truly sets 530 N Lake Shore Drive apart are its impressive amenities. Imagine starting your day with a workout in the exercise room or unwinding at the steam room after a long week. For those of you who relish time outdoors, the sundeck and picnic area are perfect spots for soaking up the Chicago sun. If you're a boating enthusiast, the on-site boat dock could be your gateway to a fun-filled day on the water. Additionally, the building provides conveniences like a business center, valet services, and even a greenhouse! This combination of features makes living here feel like a year-round vacation.

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

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Steam Room

Steam Room

Picnic Area

Picnic Area

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Balcony

Balcony

Fire Pit

Fire Pit

Policies

When considering making 530 N Lake Shore Drive your home, it’s essential to understand the building's policies. You'll be pleased to know both cats and dogs are welcome, making it an ideal choice for pet owners. However, the building does enforce some limits regarding the number of pets and requires a deposit, so be prepared for that as you plan your move.

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Amenities Description

When considering making 530 N Lake Shore Drive your home, it’s essential to understand the building's policies. You'll be pleased to know both cats and dogs are welcome, making it an ideal choice for pet owners. However, the building does enforce some limits regarding the number of pets and requires a deposit, so be prepared for that as you plan your move.

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)
530 N Lake Shore Drive$425/sqft.$2 /sqft.
530 N Lake Shore Dr$409/sqft.$2 /sqft.
451 E Grand Ave$814/sqft.$2 /sqft.
451 E Grand Avenue$811/sqft.$2 /sqft.
600 N Lake Shore Drive$488/sqft.$2 /sqft.
600 N Lake Shore Dr$501/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to 530 N Lake Shore Drive.

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|0.56 miles away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.23 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.24 miles away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.25 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.52 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.59 miles away
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Schools

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|1.23 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.24 Miles Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.25 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.52 Miles Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.59 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.63 Miles Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|1.66 Miles Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|1.67 Miles Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|1.86 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.95 Miles Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|1.99 Miles Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|2.00 Miles Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|2.07 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|2.10 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|2.13 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|2.30 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|2.33 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|2.39 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|2.51 Miles Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|2.54 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|2.54 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|2.54 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|2.57 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|2.58 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Chicago & Fairbanks

0.59 miles away|12 min walk

Chestnut & Lake Shore Drive

0.65 miles away|13 min walk

Chicago & Mies Van Der Rohe

0.66 miles away|13 min walk

Chicago & Michigan

0.8 miles away|16 min walk

Chestnut & Mies Van Der Rohe

0.81 miles away|16 min walk

AM Michigan & Randolph (Chicago)

0.97 miles away|19 min walk
Next

Transit

Chicago & Fairbanks

0.59 miles away|12 min walk

Chestnut & Lake Shore Drive

0.65 miles away|13 min walk

Chicago & Mies Van Der Rohe

0.66 miles away|13 min walk

Chicago & Michigan

0.8 miles away|16 min walk

Chestnut & Mies Van Der Rohe

0.81 miles away|16 min walk

AM Michigan & Randolph (Chicago)

0.97 miles away|19 min walk

Chicago & State (Red Line)

1 miles away|20 min walk

Chicago (Red)

1.02 miles away|20 min walk

Chicago-Red

1.02 miles away|20 min walk

Chicago & Clark

1.19 miles away|23 min walk

Clark & Chicago

1.23 miles away|24 min walk

321 N LaSalle

1.26 miles away|25 min walk

Clark & Chestnut

1.28 miles away|25 min walk

320 N LaSalle

1.28 miles away|25 min walk

Chicago & LaSalle

1.32 miles away|26 min walk

Clark & Delaware

1.34 miles away|26 min walk

Adams & Wabash

1.39 miles away|27 min walk

Adams/Wabash

1.4 miles away|27 min walk

Adams & State

1.48 miles away|29 min walk

Chicago & Franklin (Brown line)

1.5 miles away|29 min walk

Chicago-Brown

1.53 miles away|30 min walk

Chicago (Brown/Purple)

1.53 miles away|30 min walk

Clark/Division

1.6 miles away|31 min walk

Adams & Clark

1.62 miles away|32 min walk

Clark & Adams

1.64 miles away|32 min walk

Clark/Division (LaSalle/Division SE corner elevator)

1.66 miles away|32 min walk

350 S. Clark Street (Chicago)

1.75 miles away|34 min walk

Adams & Wells

1.77 miles away|34 min walk

Chicago & Hudson

1.78 miles away|35 min walk

Balbo & Columbus

1.79 miles away|35 min walk

311 W Division

1.83 miles away|36 min walk

Balbo & Michigan

1.86 miles away|36 min walk

Canal & Randolph

1.86 miles away|36 min walk

300 W Division

1.87 miles away|36 min walk

Canal & Randolph/Washington

1.9 miles away|37 min walk

Adams & S. Wacker

1.91 miles away|37 min walk

530 W Grand

1.94 miles away|38 min walk

Canal & Madison

1.95 miles away|38 min walk

Balbo & State

1.95 miles away|38 min walk

Chicago & Larrabee

1.97 miles away|38 min walk

333 S Franklin Street (Chicago)

1.97 miles away|38 min walk

Clark & Burton

1.98 miles away|38 min walk

Chicago OTC

2 miles away|39 min walk

Chicago Union Station

2.06 miles away|40 min walk

Adams & Canal

2.07 miles away|40 min walk

1100 S Columbus (Pedestrian Underpass)

2.14 miles away|41 min walk

700 W Chicago

2.21 miles away|43 min walk

Chicago & Halsted

2.28 miles away|44 min walk

Clark & 11th Place

2.43 miles away|47 min walk

Chicago & Sangamon

2.55 miles away|49 min walk

The Neighbourhood: 530 N Lake Shore Drive

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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530 N Lake Shore Drive Demographics

Age Demographics

0–14 Years

4.85%

15–29 Years

32.06%

30–44 Years

26.45%

45–59 Years

14.76%

60+ Years

21.88%

Commute

16.75%

Transit

34.38%

Walk

22.52%

Drive

1.6%

Bike

Housing Ownership

39.11%

Owner Occupied

60.89%

Rental Units

Household Types

Single Family
6.07%
Multi Family
0.51%
Single Person
57.69%
Multi Person
42.31%

Average Income

Household:$12,358,996.71 /yr

Individual:$12,024,708.55 /yr

Education

Bachelors Degree41.18%
High School College3.33%
Diploma1.97%
Post Graduate45.86%
Others7.66%
Next

Education

Diploma1.97%
Post Graduate45.86%
Others7.66%
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    530 N Lake Shore Drive
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Huntley, Illinois 60142

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