Check Availability
Chicago 60610 Near North Side
1500 N Lake Shore Drive #PH
$8,500,000
↓ $1.3M (12.8%)
House - For Sale

1500 N Lake Shore Drive #PH

Chicago, IL 60610
bedrooms
6 Beds
bathrooms
6.5 Baths, 1 Half Bath
square feet
8000 Sqft
$59,046
Estimated Monthly
$10,623
HOA / Fees
-2.00%
Cap Rate

About This Property

Rich in scale, history and presentation, this prewar duplex penthouse in the Gold Coast is in a real estate echelon all its own. Perched atop the luxe co-op residences at 1500 N. Lake Shore Dr., encompassing the entire 24th and 25th floors overlooking Lake Michigan, this spectacular residence boasts 8,000 sq ft of interior living space and 5,000 sq ft of private outdoor space, including a massive, east-facing terrace with a lawn, manicured gardens, a Roman fountain, and fabulous city and lake views. The building itself is a Chicago institution. Built in 1927 and designed by New York architect Rosario Candela with Chicago firm McNally & Quinn, the building has been home to many prominent Chicago families over the years. The penthouse, however, was built especially for the building's original owner, and has rarely changed hands in the last century. World-class, artisan details like stained glass windows, stone friezes, hand-carved wood doors, and original bronze hardware are found throughout, beginning with a private entry foyer that connects to a 39'-long, walnut-paneled gallery hall with vaulted, hand-frescoed ceilings. The living and entertaining footprint on the main level features a formal dining room, a showpiece living room, a handsome bar/lounge, two offices, a modern chef's kitchen, and three amazing terraces. The living room stuns with 20'-high, coffered ceilings, and a stone fireplace, and affords access to both the yard and the north terrace. The kitchen flaunts custom cabinetry, professional grade appliances, a marble-topped island and counters, and an informal dining area. Four of the home's bedrooms currently live on the main level as well, each with its own unique footprint and architectural details. There's also a spacious, lake-facing room with its own private patio with lounge and fire pit, two generous closets, and a custom, marble-clad en-suite bath that could serve as a stunning primary suite or an epic family room. The home's original limestone staircases have been beautifully preserved, and lead to the second level via three access points. Here, a sixth en-suite bedroom, a sauna room, and more flexible space reside. Plus, there's a partial third floor with a game room/bar and additional storage spaces. White-glove building amenities include a full-time door staff, an on-site manager, and a live-in engineer. This property includes valet parking and pets are welcome. With pedigree and proximity to Lincoln Park, the lakefront, and the best of Chicago's first-class dining and shopping, the penthouse at 1500 N. Lake Shore Dr. is uncompromising, luxury living at its finest.

The manager has listed the unit size as 8000 square feet.
Unit Size
8,000Ft²
Days on Market
461 days
Land Size
-
Price per sqft
$1,063
Property Type
House
Property Taxes
$6,686
HOA Dues
$10,623
Year Built
1927
Listed By
Timothy Salm
Timothy Salm
Jameson Sotheby's Intl Realty
Last updated: 5 months ago (MREDIL #11706848)

Price History

Date / Event Date Event Price
Sep 21, 2023 Price Decreased $8,500,000
↓ $1M (12.8%)
Price Decreased
Jan 25, 2023 Listed by Jameson Real Estate LLC $9,750,000
Listed by Jameson Real Estate LLC
Jul 2, 2021 No longer available -
No longer available
Jun 25, 2021 Relisted $17,000,000
Relisted
Jun 12, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick
Stone

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
7 Baths
9,680 ft²
$775/ft²
$7,500,000 Oct 17, 2023
-
$8,399/mo
House
5 Beds
5.5 Baths
6,800 ft²
$1,029/ft²
$6,995,000 Feb 28, 2024
-
$18,452/mo
House
5 Beds
7 Baths
8,045 ft²
$1,231/ft²
$9,900,000 Nov 1, 2023
-
$22,458/mo
House
3 Beds
6 Baths
6,500 ft²
$1,076/ft²
$6,995,000 Feb 23, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230227 Unit 3A
02/27/2023
3A
3 Bed
4 Bath
4540 ft²
$2,199,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4540 ft²
-
-
-
Jeffrey Lowe
Compass
20220121 Unit 6A
01/21/2022
6A
4 Bed
4 Bath
4200 ft²
$2,575,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
4200 ft²
-
-
-
Jeffrey Lowe
Compass
20220815 Unit 3A
08/15/2022
3A
3 Bed
4 Bath
4540 ft²
$2,375,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4540 ft²
-
-
-
Jeffrey Lowe
Compass
20210415 Unit 6C
04/15/2021
6C
3 Bed
4 Bath
3600 ft²
$2,195,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3600 ft²
-
-
-
Jeffrey Lowe
Compass
20210211
02/11/2021
3 Bed
4 Bath
4435 ft²
$1,775,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4435 ft²
-
-
-
Jennifer Ames
Engel & Völkers Chicago
20201116 Unit PH
11/16/2020
PH
6 Bed
7 Bath
8000 ft²
$17,000,000
bedrooms
6 Bed
bathrooms
7 Bath
square feet
8000 ft²
-
-
-
Mark Icuss
Compass
20201102 Unit 3A
11/02/2020
3A
3 Bed
4 Bath
4540 ft²
$3,150,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4540 ft²
-
-
-
Katherine Malkin
Compass
20200922 Unit 6C
09/22/2020
6C
3 Bed
4 Bath
3600 ft²
$2,195,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3600 ft²
-
-
-
-
20200803 Unit 4B
08/03/2020
4B
3 Bed
4 Bath
-
$1,899,000
bedrooms
3 Bed
bathrooms
4 Bath
-
-
-
-
20190129
01/29/2019
3 Bed
4 Bath
4435 ft²
$2,650,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4435 ft²
-
-
-
Jennifer Ames
Engel & Völkers Chicago
20191007 Unit 6C
10/07/2019
6C
3 Bed
4 Bath
3600 ft²
$2,195,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3600 ft²
-
-
-
-
20190919 Unit 3A
09/19/2019
3A
3 Bed
4 Bath
4540 ft²
$3,150,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
4540 ft²
-
-
-
-
20180710 Unit 6C
07/10/2018
6C
3 Bed
4 Bath
-
-
bedrooms
3 Bed
bathrooms
4 Bath
-
-
-
-
20180614 Unit 1415
06/14/2018
7 Bed
9 Bath
10000 ft²
-
bedrooms
7 Bed
bathrooms
9 Bath
square feet
10000 ft²
-
-
-
-
20180822 Unit 78B
08/22/2018
78B
5 Bed
5 Bath
5000 ft²
-
bedrooms
5 Bed
bathrooms
5 Bath
square feet
5000 ft²
-
-
-
-
20170730
07/30/2017
7 Bed
9 Bath
10000 ft²
-
bedrooms
7 Bed
bathrooms
9 Bath
square feet
10000 ft²
-
-
-
-

Building Info

1500 North Lake Shore Drive 1500 North Lake Shore Drive, Chicago, IL 60610
  • 1 Unit for Sale
More about this Building
1500 North Lake Shore Drive
Want to find out who owns 1500 North Lake Shore Drive, Chicago, IL 60610? Get detailed property transactions here .

About Central Chicago


Similar Homes for Sale

Unit for sale at 1524 North Astor Street, Chicago, IL 60610

$6,995,000

  • 3 Beds
  • 6 Baths
  • 6,500 ft²
1524 North Astor Street, Chicago, IL 60610 Listing by Jennifer Ames
Unit for sale at 65 East Goethe Street, Chicago, IL 60610

$9,900,000

  • 5 Beds
  • 7 Baths
  • 8,045 ft²
65 East Goethe Street #3N, Chicago, IL 60610 Listing by Julie Harron
Unit for sale at 1300 North State Parkway, Chicago, IL 60610

$6,995,000

  • 5 Beds
  • 5.5 Baths
  • 6,800 ft²
1300 North State Parkway #1201, Chicago, IL 60610 Listing by Rachel Krueger

Nearby Rentals

Unit for rent at 510 W Erie Street, Chicago, IL, 60654

$3,100 /mo

  • 1 Bed
  • 1.5 Baths
  • 800 ft²
510 W Erie Street #804, Chicago, IL, 60654 Listing by Chloe Ifergan
Unit for rent at 330 W Grand Avenue, Chicago, IL, 60654

$3,000 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,100 ft²
330 W Grand Avenue #1804, Chicago, IL, 60654 Listing by Deborah Ryder
Unit for rent at 116 W Grand Avenue, Chicago, IL, 60654

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
116 W Grand Avenue #2, Chicago, IL, 60654 Listing by Quentin Green III


Quantcast