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  1. Home/
  2. Chicago, IL/
  3. Promontory Cooperative

Promontory Cooperative

5532 S South Shore Drive, Chicago, IL, 60637

Units for Sale

Front view of a tall residential building with multiple floors and balconies.View Listing
MLS ID #12199868
Front view of a tall residential building with multiple floors and balconies.View ListingMLS ID #12199868
Front view of a multi-story building with a parking lot in front.View ListingMLS ID #11252170
Wide-angle view of a coastal area with a road, trees, and buildings in the distance.View ListingMLS ID #11252170
Placeholder
YearBuilt

Year Built

1948

Stories

# Stories

21

#TotalUnits

# Total Units

26
UnitSizeRange

Unit Size Range

2,100-2,200 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low


About Promontory Cooperative

Promontory Cooperative, located at 5532 S South Shore Drive in Chicago, IL, is an iconic 21-story building offering breathtaking waterfront views. Built in 1948, this architectural landmark was designed by renowned architect Mies van der Rohe. Its design features clean lines and a minimalist aesthetic, reflecting modernist principles. The building comprises a range of living spaces, with large windows that capture stunning vistas of Lake Michigan and the city. Promontory Cooperative is equipped with a variety of practical amenities that cater to residents' needs. These include a doorman service, a private parking area, and dedicated storage units. For recreation and leisure, residents have access to a well-maintained garden terrace and a communal lounge. The strategic location of Promontory Cooperative provides easy access to nearby parks and lakefront paths, ideal for outdoor activities and relaxation. Its proximity to public transit ensures convenient travel to city attractions and commercial hubs. The area around the building is known for its blend of tranquility and activity, offering a balanced lifestyle to its residents. This combination of features makes Promontory Cooperative a distinct presence along Chicago's notable South Shore.

Front view of a tall residential building with multiple floors and balconies.View Listing
MLS ID #12199868
Front view of a tall residential building with multiple floors and balconies.View ListingMLS ID #12199868
Front view of a multi-story building with a parking lot in front.View ListingMLS ID #11252170
Wide-angle view of a coastal area with a road, trees, and buildings in the distance.View ListingMLS ID #11252170
Placeholder

Amenities

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

Building Policies

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

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Promontory Cooperative Market Report (last 12 months)

Avg. List Price
$150,000 ($150/Sqft.)
Year-Over-Year List Price
Up Arrow 42.99%
Total Listings
Listings1
Avg. Days On Market
Calendar71
Avg. Sale Price
$132,500 ($123/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$2 /monthly
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Living in Promontory Cooperative

Condo Living at Promontory Cooperative, located at 5532 S SOUTH SHORE DRIVE,CHICAGO,IL:

If you’re on the lookout for a welcoming and vibrant place to call home, Promontory Cooperative could be the cozy nest you’ve been dreaming about. Nestled amidst the charm of Chicago, this historical condo building, constructed in 1948, boasts 21 stories, providing residents with breathtaking views of the surrounding neighborhoods. It’s an inviting option for first-time buyers who appreciate both city living and a sense of community.

Building Features and Unit Availability:

With only 26 units in the entire building, the atmosphere at Promontory Cooperative thrives on a tight-knit community vibe. The units range from 2100 to 2200 square feet in size, catering to various lifestyle needs. Currently, availability is low, reflecting the building's popularity and the overall charming appeal of its history. If you're interested, the average closed price hovers around $132,500, offering a competitive price per square foot of approximately $123. Given that it usually takes about 71 days to find a buyer, now may be the perfect time to consider making this your new home.

Amenities You'll Love:

Living at Promontory Cooperative opens the door to a host of amenities that'll enrich your lifestyle. Picture yourself unwinding at the sundeck after a long day, or perhaps you prefer hitting the exercise room to kick-start your mornings. The building also features elevators and handy service elevators, making life a little easier, especially when moving in and out. Got friends coming over? The party room is the perfect space for hosting gatherings. If cycling is your thing, you’ll appreciate the bike room and the nearby trails that await your exploration.

  1. Home/
  2. Chicago, IL/
  3. Promontory Cooperative
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