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  5. Streeterville
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Streeterville

540 N Lake Shore Drive, Chicago, IL, 60611

YEAR BUILT

1912

# STORIES

7

# TOTAL UNITS

62

UNIT SIZE RANGE

2,470-2,570 sqft

Description

The building is located at 540 N Lake Shore Drive in the Streeterville neighborhood of Chicago. This high-rise structure was built in 1912 and stands 7 stories tall with a total of 62 units. Its unique architecture stands out in the area, bringing a blend of history and modern living. Units within the building range in size from 2,470 to 2,570 square feet. Prices for these units can be found between $550,000 and $750,000. Recent sales show an average price of $390,000, with a price per square foot at around $346. This pricing structure makes it an interesting option for buyers in the market. The building maintains a variety of amenities to enhance daily living. Residents can make use of the health club, exercise room, and party room. Additional conveniences include valet service, elevators, and a bike room. These features help create a comfortable community atmosphere. Nearby, there are several dining options such as J's Fish Turkey and Chicken and Margarita Casa. The local area also includes a school, James Feldman Associates Inc, which adds to the family-friendly appeal. Access to a mix of shops and restaurants helps make life here engaging. Average days on the market is about 44, giving buyers a reasonable period to make decisions. The close proximity to Lake Michigan allows for water activities and recreation, enhancing the lifestyle offered. The location also provides straightforward access to main roads for travel further into the city or beyond.

Building ImageMLS ID #12277969
Building ImageMLS ID #12044201
Building Image
Building ImageView Listing

Streeterville

540 N Lake Shore Drive, Chicago, IL, 60611

YEAR BUILT

1912

# STORIES

7

# TOTAL UNITS

62

UNIT SIZE RANGE

2,470-2,570 sqft

Description

The building is located at 540 N Lake Shore Drive in the Streeterville neighborhood of Chicago. This high-rise structure was built in 1912 and stands 7 stories tall with a total of 62 units. Its unique architecture stands out in the area, bringing a blend of history and modern living. Units within the building range in size from 2,470 to 2,570 square feet. Prices for these units can be found between $550,000 and $750,000. Recent sales show an average price of $390,000, with a price per square foot at around $346. This pricing structure makes it an interesting option for buyers in the market. The building maintains a variety of amenities to enhance daily living. Residents can make use of the health club, exercise room, and party room. Additional conveniences include valet service, elevators, and a bike room. These features help create a comfortable community atmosphere. Nearby, there are several dining options such as J's Fish Turkey and Chicken and Margarita Casa. The local area also includes a school, James Feldman Associates Inc, which adds to the family-friendly appeal. Access to a mix of shops and restaurants helps make life here engaging. Average days on the market is about 44, giving buyers a reasonable period to make decisions. The close proximity to Lake Michigan allows for water activities and recreation, enhancing the lifestyle offered. The location also provides straightforward access to main roads for travel further into the city or beyond.

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Description

The building is located at 540 N Lake Shore Drive in the Streeterville neighborhood of Chicago. This high-rise structure was built in 1912 and stands 7 stories tall with a total of 62 units. Its unique architecture stands out in the area, bringing a blend of history and modern living. Units within the building range in size from 2,470 to 2,570 square feet. Prices for these units can be found between $550,000 and $750,000. Recent sales show an average price of $390,000, with a price per square foot at around $346. This pricing structure makes it an interesting option for buyers in the market. The building maintains a variety of amenities to enhance daily living. Residents can make use of the health club, exercise room, and party room. Additional conveniences include valet service, elevators, and a bike room. These features help create a comfortable community atmosphere. Nearby, there are several dining options such as J's Fish Turkey and Chicken and Margarita Casa. The local area also includes a school, James Feldman Associates Inc, which adds to the family-friendly appeal. Access to a mix of shops and restaurants helps make life here engaging. Average days on the market is about 44, giving buyers a reasonable period to make decisions. The close proximity to Lake Michigan allows for water activities and recreation, enhancing the lifestyle offered. The location also provides straightforward access to main roads for travel further into the city or beyond.

Streeterville Key Stats Last 12 months

Avg. Listed Price$400,000($355/Sqft.)

Avg. Sale Price$390,000($346/Sqft.)
Year over year list priceUp Arrow63.27%

Year over year sale priceUp Arrow 69.57%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market44 days

Average HOA fees per sqft$2 /monthly
Next

Key Stats

Year over year list priceUp Arrow63.27%

Year over year sale priceUp Arrow69.57%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market44 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

Streeterville 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

One of the biggest perks of living in Streeterville is the plethora of amenities at your fingertips. If maintaining a healthy lifestyle is part of your daily routine, you’ll appreciate the exercise room and health club, ideal for energizing workout sessions. Additionally, the sundeck invites you to relax and soak up the sun after a busy day. For social gatherings, the party room offers a perfect backdrop for entertaining friends and family. And let’s not forget the convenience of having valet services and a bike room, making your daily adventures in the city a breeze!

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Amenities Description

One of the biggest perks of living in Streeterville is the plethora of amenities at your fingertips. If maintaining a healthy lifestyle is part of your daily routine, you’ll appreciate the exercise room and health club, ideal for energizing workout sessions. Additionally, the sundeck invites you to relax and soak up the sun after a busy day. For social gatherings, the party room offers a perfect backdrop for entertaining friends and family. And let’s not forget the convenience of having valet services and a bike room, making your daily adventures in the city a breeze!

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

As a pet lover, you’ll feel right at home knowing that Streeterville welcomes cats and dogs. This friendly policy is a fantastic bonus for young professionals and pet owners alike, ensuring you never have to leave your furry friends behind.

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)
Streeterville$346/sqft.$2 /sqft.
540 N Lake Shore Dr$346/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.
474 N Lake Shore Drive$349/sqft.$2 /sqft.

Nearby Schools

Residents of Streeterville 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.

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
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of Streeterville 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.

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|1.46 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.50 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
|1.95 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

Set in Streeterville, Streeterville provides residents with convenient access to public transit across Chicago. Multiple Bus, Metro, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

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)

1.54 miles away|30 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in Streeterville, Streeterville provides residents with convenient access to public transit across Chicago. Multiple Bus, Metro, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

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)

1.54 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

1.62 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

1.09 miles away|21 min walk

Adams/Wabash

1.1 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

1.79 miles away|35 min walk

Chicago & Hudson

1.41 miles away|28 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)

0.83 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.

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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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Streeterville 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, 31.32% are young adults between 15–29, 26.16% are adults aged 30–44, 14.93% are in the 45–59 range and 22.7% are seniors aged 60 and above. Commuting options are also varying where 34.31% of residents relying on walking, while others prefer public transit around 16.51%, driving around 23.1%, biking around 1.56%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 60.17% of units are rented and 39.83% 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 40.73% of residents have bachelor’s degrees. Around 3.26% have high school or college education. Another 2% hold diplomas while 46.55% 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, 31.32% are young adults between 15–29, 26.16% are adults aged 30–44, 14.93% are in the 45–59 range and 22.7% are seniors aged 60 and above. Commuting options are also varying where 34.31% of residents relying on walking, while others prefer public transit around 16.51%, driving around 23.1%, biking around 1.56%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 60.17% of units are rented and 39.83% 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 40.73% of residents have bachelor’s degrees. Around 3.26% have high school or college education. Another 2% hold diplomas while 46.55% have completed postgraduate studies. The remaining are 7.46% with other types of qualifications.

Age Demographics

0–14 Years

4.89%

15–29 Years

31.32%

30–44 Years

26.16%

45–59 Years

14.93%

60+ Years

22.7%

Commute

16.51%

Transit

34.31%

Walk

23.1%

Drive

1.56%

Bike

Housing Ownership

39.83%

Owner Occupied

60.17%

Rental Units

Household Types

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

Average Income

Household:$12,440,026.7 /yr

Individual:$12,123,474.71 /yr

Education

Bachelors Degree40.73%
High School College3.26%
Diploma2%
Post Graduate46.55%
Others7.46%
Next

Education

Diploma2%
Post Graduate46.55%
Others7.46%
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    Streeterville
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Huntley, Illinois 60142

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