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1540 North Lake Shore Drive

1540 North Lake Shore Drive, Chicago, IL 60610
Condo in Gold Coast
1 Units For Sale
Unit for sale at 1540 N LAKE SHORE Drive, Chicago, IL 60610

$1,375,000

  • 4 Beds
  • 4 Baths
  • 4,270 ft²
1540 N LAKE SHORE Drive #12S, Chicago, IL 60610 Listing by Julie Harron

1540 North Lake Shore Drive is a condo located in Gold Coast, Chicago. The building was first built in 1929 and is 95 years old. 1540 North Lake Shore Drive has a total of 17 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! See the full transaction history for 1540 North Lake Shore Drive below.

Gold Coast, where 1540 North Lake Shore Drive is located, has a median asking price of $579,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $1,375,000. It is a 4,270 sqft 4-bedroom and 4-bathroom unit.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230308 Unit 1415N
03/08/2023
4 Bed
7 Bath
7200 ft²
$3,995,000
bedrooms
4 Bed
bathrooms
7 Bath
square feet
7200 ft²
-
-
-
Timothy Salm
Jameson Sotheby's Intl Realty
20220623 Unit 12S
06/23/2022
12S
4 Bed
4 Bath
4270 ft²
$1,875,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
4270 ft²
-
-
-
Julie Harron
Jameson Sotheby's Int'l Realty
20210401 Unit 8N
04/01/2021
8N
3 Bed
3 Bath
4137 ft²
$2,500,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
4137 ft²
-
-
-
Katherine Malkin
Compass
20200723 Unit 14S
07/23/2020
14S
3 Bed
5 Bath
4137 ft²
$1,150,000
bedrooms
3 Bed
bathrooms
5 Bath
square feet
4137 ft²
-
-
-
-
20200301 Unit 8N
03/01/2020
8N
2 Bed
3 Bath
4137 ft²
$2,900,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
4137 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 17
  • Living Units: 34
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,545
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RESUBDIVISION BY CATHOLIC BISHOP OF CHGO
  • Land Acres: 0.288
  • Legal Description 1: (RESUBDIVISION) BY CATHOLIC (BISHOP) OF CHGO & VICTOR F (LAWSON) OF BLK1 IN CATHOLIC BISHOP OF CHGOS LAKE SHORE DR ADD BEING

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RM-6.5

Geography

  • Assessors Map Reference: 02S-34-02
  • District: 74
  • Parcel: 17-03-101-018-0000
  • Block: 1
  • Lot: 6,7
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9106
  • Longitude: -87.6268

    Address

  • Full Address: 1540 N Lake Shore Dr
  • Address - House Number: 1540
  • Street Direction: N
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C010
  • 4-Digit Zip Code: 6684
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,962
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.102
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 90
  • Final Value: 1,348,874
  • High Value: 1,486,566
  • Low Value: 1,211,183

    Market Valuation

  • Market Total Value: $42,000,000
  • Market Land Value: $3,136,250
  • Market Improvement Value: $38,863,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,200,000
  • Assessed Land Value: $313,625
  • Assessed Improvements Value: $3,886,375

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1540 North Lake Shore Drive located in?
The 1540 North Lake Shore Drive is a condo located in the neighborhood of Gold Coast in Central Chicago, Chicago.
How many listings are currently for sale in 1540 North Lake Shore Drive?
There is one unit for sale right now.
What is the average sales price for listings in 1540 North Lake Shore Drive?
The average sales price for units in 1540 North Lake Shore Drive is $1,375,000 , or $322/sqft. currently.

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