Check Availability
Chicago 60610 Near North Side
1258 N Lake Shore Drive
$3,800,000
House - For Sale

1258 N Lake Shore Drive

Chicago, IL 60610
bedrooms
3 Beds
bathrooms
5.5 Baths, 1 Half Bath
square feet
5162 Sqft
$18,659
Estimated Monthly
$0
HOA / Fees

About This Property

A landmark by Holabird and Roche, this exceptional residence has an ornate facade replicating the famed 15th-century Venetian Palazzo Contarini Fasan, believed to be the inspiration for the heroine Desdemona in Shakespeare's Othello. One of just four Gold Coast single-family homes on North Lake Shore Drive, this 1895 home was gutted to the studs in 2012 and redesigned by architect Steve Rugo. Now, it stands as an elegant 5-story residence with a fabulous rooftop deck with uninterrupted lake views, a lobby-level apartment (ideal for a resident home manager, staff, and income), and a full basement. With three large Gothic arched windows and a front balcony overlooking the lake, the main entertaining level is comprised of a grand living room, a spacious dining room with a catering kitchen, and a powder room. The next level is a high-end, efficient kitchen open to a large family room and an en suite bedroom. The primary bedroom suite is on the next level; it includes a beautiful marble bath, custom closets, another east-facing balcony, and a cozy den/office. The piece de resistance is the rooftop deck with panoramic lake, Navy Pier, and skyline views. The adjacent sunroom includes a partial kitchen, ideal for rooftop dining. Other features include an elevator that goes to the top of the original home (the top two levels are an addition), walnut floors, designer lighting, two laundry centers, zoned heat and a/c, and a fenced patio on Stone Street. Garage parking is available at 1325 N. State (enter on Banks) for $345/month and at 1212 N. Lake Shore Drive for $450/month.

The manager has listed the unit size as 5162 square feet.
Unit Size
5,162Ft²
Days on Market
19 days
Land Size
-
Price per sqft
$736
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900
Listed By
Jennifer Ames
Engel & Völkers Chicago
Last updated: 20 days ago (EV #12021829)

Price History

Date / Event Date Event Price
Apr 11, 2024 Listed by Engel & Völkers Chicago $3,800,000
Listed by Engel & Völkers Chicago
Nov 8, 2022 No longer available -
No longer available
Jul 18, 2022 Listed by Engel & Volkers Chicago $4,500,000
Listed by Engel & Volkers Chicago
A landmark by Holabird and Roche, this exceptional residence has an ornate facade that is a replicate of the famed 15th century Venetian Palazzo Contrarini-Fasan, believed to be inspiration for the heroine Desdemona in Shakespeare's Othello. One of just four Gold Coast single family homes in a row on north Lake Shore Drive, this 1895 home was gutted to the studs in 2012 and redesigned by architect Steve Rugo. Now, it is stands as an elegant four-story residence with a fabulous rooftop deck…

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,240
  • Total Building Area: 4,568
  • Gross Building Area: 4,568
  • Building Area: 4,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DURKEES SUB
  • Land Acres: 0.029
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (DURKEES) SUB OF PT LT 1 BLK 7 H O STONES SUB OF ASTO RS ADD TO CHGO BEING A SUB OF PT NW SEC 03-39-14

Ownership

  • Current Owner : HINDMAN LESLIE S
  • Previous Owner : FLANAGAN BRIDGET M
  • Owner Before Previous Owner: PREMIER TRUST SERVICES INC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080100

Zoning

  • Zoning: RM-6.5

Geography

  • Assessors Map Reference: 02S-24-01
  • District: 74
  • Parcel: 17-03-111-002-0000
  • Block: 7,H,O
  • Lot: 1
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9057
  • Longitude: -87.6256

    Address

  • Full Address: 1258 N Lake Shore Dr
  • Address - House Number: 1258
  • Street Direction: N
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 2361
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,521
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,430,306
  • High Value: 1,646,189
  • Low Value: 1,214,422

    Market Valuation

  • Market Total Value: $1,727,000
  • Market Land Value: $310,000
  • Market Improvement Value: $1,417,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,700
  • Assessed Land Value: $31,000
  • Assessed Improvements Value: $141,700

    Sales

  • Current Sale Contract Date: Aug 02, 2012
  • Current Sale Recording Date: Aug 20, 2012
  • Current Sale Transaction ID: 1079412769
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1223335061
  • Previous Sale Recording Date: Oct 10, 1996
  • Previous Sale Contract Date: Aug 07, 1996
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: THE PRIVATEBANK & TRUST CO
  • First Mortgage Transaction Date: Aug 20, 2012
  • First Mortgage Loan Amount: $2,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2042

    Financing

  • First Mortgage Financing Type: Fixed Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4.5 Baths
5,200 ft²
$702/ft²
$3,650,000 Jul 10, 2023
-
$10,960/mo
House
3 Beds
3.5 Baths
5,460 ft²
$684/ft²
$3,735,000 Mar 16, 2024
-
-
House
3 Beds
4.5 Baths
5,200 ft²
$827/ft²
$4,300,000 Feb 29, 2024
-
$12,201/mo
House
3 Beds
3 Baths
4,500 ft²
$778/ft²
$3,499,000 Oct 5, 2023
-
$10,243/mo
House
3 Beds
3.5 Baths
4,390 ft²
$1,025/ft²
$4,500,000 Jan 22, 2024
-
$12,093/mo
House
3 Beds
2.5 Baths
3,100 ft²
$1,129/ft²
$3,499,500 Feb 8, 2024
-
$8,119/mo
House
2 Beds
2.5 Baths
4,823 ft²
$783/ft²
$3,775,000 Sep 5, 2023
-
$11,348/mo
House
4 Beds
3.5 Baths
4,700 ft²
$745/ft²
$3,500,000 Jan 9, 2024
-
$10,577/mo
House
4 Beds
5 Baths
4,500 ft²
$1,000/ft²
$4,499,000 Oct 5, 2023
-
$10,243/mo
House
4 Beds
3.5 Baths
3,360 ft²
$923/ft²
$3,100,000 Sep 18, 2023
-
$982/mo
House
6 Beds
5.5 Baths
5,431 ft²
$597/ft²
$3,240,000 Mar 21, 2023
-
$6,286/mo
House
5 Beds
7 Baths
6,500 ft²
$569/ft²
$3,699,000 Jan 16, 2024
-
$5,971/mo

About Central Chicago


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Frequently Asked Questions

When was property at 1258 North Lake Shore Drive built and last sold?
The property at 1258 North Lake Shore Drive was built in 1900 and last sold on Aug 2, 2012 for $3,000,000.
How much is this home worth?
The estimated value of the home located at 1258 North Lake Shore Drive is $3,766,001.
What are some comparable homes to 1258 North Lake Shore Drive?
Homes that are comparable to 1258 North Lake Shore Drive include a house property at 800 North Michigan Avenue, 111 East Bellevue Place, 159 East Walton Street.

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