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  5. 540 N Lake Shore Dr
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540 N Lake Shore Dr

540 N Lake Shore Dr, Chicago, IL, 60611

YEAR BUILT

1912

# STORIES

12

# TOTAL UNITS

64

UNIT SIZE RANGE

713-3,400 sqft

Description

540 N Lake Shore Dr Unit 420 is in the heart of Chicago's Streeterville neighborhood. The building sits at the intersection of North Lake Shore Drive and East Chicago Avenue. This high-rise structure was built in 1912 and includes 12 stories with 64 condominium units. Residents enjoy stunning views of Lake Michigan and Navy Pier. The unit sizes in this building range from 713 to 3,400 square feet. Options for bedrooms include 1, 2, and 3-bedroom layouts. Prices for the units vary between $550,000 to $750,000. The beautiful lake views add an appealing touch to each unit, enhancing the living experience. Inside, the loft-style design features exposed brick and timber. High ceilings exceeding 12 feet add charm and create an airy feel. Abundant windows allow plenty of natural light to flow into the rooms. Each unit offers a unique view of the surrounding waterfront. The building has several amenities for residents. There is valet service and a convenient receiving room. A fitness center lets residents stay active without leaving home. A roof deck offers panoramic views, perfect for relaxing or entertaining. The party room and bike trails provide additional options for leisure activities. Nearby, dining choices like J's Fish Turkey and Chicken and Margarita Casa cater to different tastes. Public education needs are met with institutions like James Feldman Associates Inc, a local school. This location balances urban lifestyle with the beauty of waterfront living. Units tend to attract buyers due to their desirable features and location. Easy access to city life and the stunning views contribute to the appeal. This building presents an excellent opportunity for anyone looking to enjoy urban living with the charm of lakefront views.

Building ImageMLS ID #12572826
Building ImageMLS ID #12572826
Building Image
Building ImageView Listing

540 N Lake Shore Dr

540 N Lake Shore Dr, Chicago, IL, 60611

YEAR BUILT

1912

# STORIES

12

# TOTAL UNITS

64

UNIT SIZE RANGE

713-3,400 sqft

Description

540 N Lake Shore Dr Unit 420 is in the heart of Chicago's Streeterville neighborhood. The building sits at the intersection of North Lake Shore Drive and East Chicago Avenue. This high-rise structure was built in 1912 and includes 12 stories with 64 condominium units. Residents enjoy stunning views of Lake Michigan and Navy Pier. The unit sizes in this building range from 713 to 3,400 square feet. Options for bedrooms include 1, 2, and 3-bedroom layouts. Prices for the units vary between $550,000 to $750,000. The beautiful lake views add an appealing touch to each unit, enhancing the living experience. Inside, the loft-style design features exposed brick and timber. High ceilings exceeding 12 feet add charm and create an airy feel. Abundant windows allow plenty of natural light to flow into the rooms. Each unit offers a unique view of the surrounding waterfront. The building has several amenities for residents. There is valet service and a convenient receiving room. A fitness center lets residents stay active without leaving home. A roof deck offers panoramic views, perfect for relaxing or entertaining. The party room and bike trails provide additional options for leisure activities. Nearby, dining choices like J's Fish Turkey and Chicken and Margarita Casa cater to different tastes. Public education needs are met with institutions like James Feldman Associates Inc, a local school. This location balances urban lifestyle with the beauty of waterfront living. Units tend to attract buyers due to their desirable features and location. Easy access to city life and the stunning views contribute to the appeal. This building presents an excellent opportunity for anyone looking to enjoy urban living with the charm of lakefront views.

Next

Description

540 N Lake Shore Dr Unit 420 is in the heart of Chicago's Streeterville neighborhood. The building sits at the intersection of North Lake Shore Drive and East Chicago Avenue. This high-rise structure was built in 1912 and includes 12 stories with 64 condominium units. Residents enjoy stunning views of Lake Michigan and Navy Pier. The unit sizes in this building range from 713 to 3,400 square feet. Options for bedrooms include 1, 2, and 3-bedroom layouts. Prices for the units vary between $550,000 to $750,000. The beautiful lake views add an appealing touch to each unit, enhancing the living experience. Inside, the loft-style design features exposed brick and timber. High ceilings exceeding 12 feet add charm and create an airy feel. Abundant windows allow plenty of natural light to flow into the rooms. Each unit offers a unique view of the surrounding waterfront. The building has several amenities for residents. There is valet service and a convenient receiving room. A fitness center lets residents stay active without leaving home. A roof deck offers panoramic views, perfect for relaxing or entertaining. The party room and bike trails provide additional options for leisure activities. Nearby, dining choices like J's Fish Turkey and Chicken and Margarita Casa cater to different tastes. Public education needs are met with institutions like James Feldman Associates Inc, a local school. This location balances urban lifestyle with the beauty of waterfront living. Units tend to attract buyers due to their desirable features and location. Easy access to city life and the stunning views contribute to the appeal. This building presents an excellent opportunity for anyone looking to enjoy urban living with the charm of lakefront views.

540 N Lake Shore Dr Key Stats Last 12 months

Avg. Listed Price$647,500($293/Sqft.)

Avg. Sale Price$332,500($295/Sqft.)
Year over year list priceUp Arrow100.78%

Year over year sale priceUp Arrow 44.57%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market54 days

Average HOA fees per sqft$2 /monthly
Next

Key Stats

Year over year list priceUp Arrow100.78%

Year over year sale priceUp Arrow44.57%
Total Listings2 Listed

Total sold2 Sold
Average Days on Market54 days

Average HOA fees per sqft$2 /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

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

540 N Lake Shore Dr Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 704704155032942015-06-12
MLS#: 08857016
Closed$550,000
Unit 718-719718-7192520221812014-02-04
MLS#: 08415088
Closed$750,000
Unit 4114112000223122008-07-21
MLS#: 06671416
Closed$522,000
Unit 411
411

2 Beds

2 Baths

2000 sqft


DateStatusPrice
2008-07-21Closed$522,000
MLS#: 06671416
Days On Market312
Unit 704
704

3 Beds

2 Baths

1550 sqft


DateStatusPrice
2015-06-12Closed$550,000
MLS#: 08857016
Days On Market94
Unit 718-719
718-719

2 Beds

2 Baths

2520 sqft


DateStatusPrice
2014-02-04Closed$750,000
MLS#: 08415088
Days On Market181
View Complete Unit Listing HistorySource By: MRED

Amenities

This condo building offers a range of welcoming amenities that enhance your living experience. You can enjoy the convenience of valet and cleaning services, making daily life a bit easier. For exercise enthusiasts, the building features an exercise room and a health club to keep you fit. If you love the outdoors, take advantage of the nearby park and bike trails. There is also a bike room for your two-wheeled adventures. Socializing is a breeze with the party room where you can host friends or family. On sunny days, relax on the sundeck and soak up the warmth. The building includes receiving rooms for your packages and elevators for easy access.

Next

Amenities Description

This condo building offers a range of welcoming amenities that enhance your living experience. You can enjoy the convenience of valet and cleaning services, making daily life a bit easier. For exercise enthusiasts, the building features an exercise room and a health club to keep you fit. If you love the outdoors, take advantage of the nearby park and bike trails. There is also a bike room for your two-wheeled adventures. Socializing is a breeze with the party room where you can host friends or family. On sunny days, relax on the sundeck and soak up the warmth. The building includes receiving rooms for your packages and elevators for easy access.

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

Health Club

Health Club

Door Person

Door Person

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

Sundeck

Sundeck

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Policies

Living here comes with clear and friendly policies to ensure a pleasant environment. There is a number limit for residents, promoting a comfortable living experience for everyone. If you are a pet lover, you will be pleased to know that cats and dogs are welcome. This lets you bring along your furry companions. Just keep in mind that there may be size limits for your pets. The building fosters a welcoming atmosphere, making it a friendly place for all residents. Whether you are a young professional or a family, you will find a happy home here.

Next

Amenities Description

Living here comes with clear and friendly policies to ensure a pleasant environment. There is a number limit for residents, promoting a comfortable living experience for everyone. If you are a pet lover, you will be pleased to know that cats and dogs are welcome. This lets you bring along your furry companions. Just keep in mind that there may be size limits for your pets. The building fosters a welcoming atmosphere, making it a friendly place for all residents. Whether you are a young professional or a family, you will find a happy home here.

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)
540 N Lake Shore Dr$295/sqft.$2 /sqft.
Streeterville$346/sqft.$2 /sqft.
540 N Lake Shore Dr$244/sqft.$2 /sqft.
505 N Lake Shore Dr$409/sqft.$2 /sqft.
530 N Lake Shore Drive$425/sqft.$2 /sqft.
530 N Lake Shore Dr$412/sqft.$2 /sqft.

Nearby Schools

540 N Lake Shore Dr is situated close to local schools in Streeterville, Chicago. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|0.47 miles away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|0.98 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|0.99 miles away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.2 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.26 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

540 N Lake Shore Dr is situated close to local schools in Streeterville, Chicago. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

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|Less than 1 Mile Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|Less than 1 Mile Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|Less than 1 Mile Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.20 Miles Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.26 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.26 Miles Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|1.31 Miles Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|1.32 Miles Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|1.45 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.49 Miles Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|1.53 Miles Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|1.54 Miles Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|1.60 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|1.61 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.63 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|1.77 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.81 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.85 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.93 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.94 Miles Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.96 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.96 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|1.97 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.98 Miles Away

Transit

540 N Lake Shore Dr benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Metro, Rail ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

1100 S Columbus (Pedestrian Underpass)

1.61 miles away|31 min walk

300 W Division

1.46 miles away|28 min walk

311 W Division

1.43 miles away|28 min walk

320 N LaSalle

1.04 miles away|20 min walk

321 N LaSalle

1.02 miles away|20 min walk

333 S Franklin Street (Chicago)

1.53 miles away|30 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

540 N Lake Shore Dr benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Metro, Rail ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

1100 S Columbus (Pedestrian Underpass)

1.61 miles away|31 min walk

300 W Division

1.46 miles away|28 min walk

311 W Division

1.43 miles away|28 min walk

320 N LaSalle

1.04 miles away|20 min walk

321 N LaSalle

1.02 miles away|20 min walk

333 S Franklin Street (Chicago)

1.53 miles away|30 min walk

350 S. Clark Street (Chicago)

1.36 miles away|27 min walk

530 W Grand

1.53 miles away|30 min walk

700 W Chicago

1.73 miles away|34 min walk

Adams & Canal

1.61 miles away|31 min walk

Adams & Clark

1.27 miles away|25 min walk

Adams & State

1.16 miles away|23 min walk

Adams & S. Wacker

1.49 miles away|29 min walk

Adams & Wabash

1.08 miles away|21 min walk

Adams/Wabash

1.09 miles away|21 min walk

Adams & Wells

1.39 miles away|27 min walk

AM Michigan & Randolph (Chicago)

0.79 miles away|16 min walk

Balbo & Columbus

1.36 miles away|27 min walk

Balbo & Michigan

1.42 miles away|28 min walk

Balbo & State

1.5 miles away|29 min walk

Canal & Madison

1.53 miles away|30 min walk

Canal & Randolph

1.47 miles away|29 min walk

Canal & Randolph/Washington

1.5 miles away|29 min walk

Chestnut & Lake Shore Drive

0.51 miles away|10 min walk

Chestnut & Mies Van Der Rohe

0.66 miles away|13 min walk

Chicago-Brown

1.22 miles away|24 min walk

Chicago (Brown/Purple)

1.22 miles away|24 min walk

Chicago & Clark

0.97 miles away|19 min walk

Chicago & Fairbanks

0.5 miles away|10 min walk

Chicago & Franklin (Brown line)

1.2 miles away|23 min walk

Chicago & Halsted

1.78 miles away|35 min walk

Chicago & Hudson

1.41 miles away|27 min walk

Chicago & Larrabee

1.55 miles away|30 min walk

Chicago & LaSalle

1.07 miles away|21 min walk

Chicago & Michigan

0.67 miles away|13 min walk

Chicago & Mies Van Der Rohe

0.55 miles away|11 min walk

Chicago OTC

1.57 miles away|31 min walk

Chicago (Red)

0.84 miles away|17 min walk

Chicago-Red

0.84 miles away|17 min walk

Chicago & Sangamon

1.99 miles away|39 min walk

Chicago & State (Red Line)

0.82 miles away|16 min walk

Chicago Union Station

1.61 miles away|31 min walk

Clark & 11th Place

1.85 miles away|36 min walk

Clark & Adams

1.28 miles away|25 min walk

Clark & Burton

1.52 miles away|30 min walk

Clark & Chestnut

1.03 miles away|20 min walk

Clark & Chicago

0.99 miles away|20 min walk

Clark & Delaware

1.07 miles away|21 min walk

Clark/Division

1.25 miles away|24 min walk

Clark/Division (LaSalle/Division SE corner elevator)

1.3 miles away|25 min walk

The Neighbourhood: Streeterville

Streeterville sits on the Near North Side of Chicago near Lake Michigan. Navy Pier hosts the Centennial Wheel and a small amusement area. Chicago Children's Museum sits at Navy Pier and draws many families. Oak Street Beach offers sand, views, and lake access. Millennium Park displays public art like Cloud Gate and offers green space. The Chicago Riverwalk provides walking paths and boat access. Restaurants like Giordano's and Eataly serve pizza and Italian food to locals and visitors. Joe's Seafood and RPM Seafood serve seafood. Bars such as Howl at the Moon and the Signature Room at the 95th offer nightlife and city views. CTA Red Line trains and CTA buses move riders through the area. The Chicago Water Taxi connects Navy Pier to stops along the river. Metra trains provide commuter service to downtown stations. Small shops and offices fill many blocks and provide daily needs. Parks and paths attract joggers, tourists, and workers in warm months. This district shows a mix of high-rise apartments, hotels, and tourist venues. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share of residents.

Next

Neighbourhood Description

Streeterville sits on the Near North Side of Chicago near Lake Michigan. Navy Pier hosts the Centennial Wheel and a small amusement area. Chicago Children's Museum sits at Navy Pier and draws many families. Oak Street Beach offers sand, views, and lake access. Millennium Park displays public art like Cloud Gate and offers green space. The Chicago Riverwalk provides walking paths and boat access. Restaurants like Giordano's and Eataly serve pizza and Italian food to locals and visitors. Joe's Seafood and RPM Seafood serve seafood. Bars such as Howl at the Moon and the Signature Room at the 95th offer nightlife and city views. CTA Red Line trains and CTA buses move riders through the area. The Chicago Water Taxi connects Navy Pier to stops along the river. Metra trains provide commuter service to downtown stations. Small shops and offices fill many blocks and provide daily needs. Parks and paths attract joggers, tourists, and workers in warm months. This district shows a mix of high-rise apartments, hotels, and tourist venues. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share of residents.

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540 N Lake Shore Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 4.89% are children aged 0–14, 31.33% are young adults between 15–29, 26.18% are adults aged 30–44, 14.92% are in the 45–59 range and 22.68% are seniors aged 60 and above. Commuting options are also varying where 34.32% of residents relying on walking, while others prefer public transit around 16.51%, driving around 23.09%, biking around 1.56%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 60.19% of units are rented and 39.81% are owner occupied. The neighborhood offers different household types. About 6.05% are single family homes and 0.54% are multi family units. Around 57.32% are single-person households, while 42.68% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 40.74% of residents have bachelor’s degrees. Around 3.26% have high school or college education. Another 2% hold diplomas while 46.54% have completed postgraduate studies. The remaining are 7.46% 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 4.89% are children aged 0–14, 31.33% are young adults between 15–29, 26.18% are adults aged 30–44, 14.92% are in the 45–59 range and 22.68% are seniors aged 60 and above. Commuting options are also varying where 34.32% of residents relying on walking, while others prefer public transit around 16.51%, driving around 23.09%, biking around 1.56%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 60.19% of units are rented and 39.81% are owner occupied. The neighborhood offers different household types. About 6.05% are single family homes and 0.54% are multi family units. Around 57.32% are single-person households, while 42.68% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 40.74% of residents have bachelor’s degrees. Around 3.26% have high school or college education. Another 2% hold diplomas while 46.54% have completed postgraduate studies. The remaining are 7.46% with other types of qualifications.

Age Demographics

0–14 Years

4.89%

15–29 Years

31.33%

30–44 Years

26.18%

45–59 Years

14.92%

60+ Years

22.68%

Commute

16.51%

Transit

34.32%

Walk

23.09%

Drive

1.56%

Bike

Housing Ownership

39.81%

Owner Occupied

60.19%

Rental Units

Household Types

Single Family
6.05%
Multi Family
0.54%
Single Person
57.32%
Multi Person
42.68%

Average Income

Household:$12,440,038.7 /yr

Individual:$12,121,205.53 /yr

Education

Bachelors Degree40.74%
High School College3.26%
Diploma2%
Post Graduate46.54%
Others7.46%
Next

Education

Diploma2%
Post Graduate46.54%
Others7.46%
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    540 N Lake Shore Dr
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13300 IL RT 47

Huntley, Illinois 60142

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