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$1,000,000 Contingent

  • For Sale
  • Contingent
  • Co-op
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 5,327 Sq. Ft.
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Huge 5327 sf duplex home with a 200+ sf terrace. Former home of Samuel Insul and Ray Kroc- offers panoramic wrap around views of lake and city. Home needs some updating but is priced accordingly. Amazing mural commissioned by Ray and Joan Kroc graces the circular stairway that leads to the second floor. Wood burning fireplace in the living room. Huge modern kitchen and a breakfast room with a wonderful lake view from the built-in banquette. Great home for entertaining and large enough for a family. Parking options close by.

Full Property Details for 1242 N Lake Shore Dr #25

General

  • Price: $1,000,000
  • HOA FEE: $5,319/month
  • Taxes: $22,332 (2022)
  • Status: Contingent
  • Type: Co-op
  • Source: MRED
  • MLS ID: 11978074
  • Updated: 10/20/2025
  • Added to Site: 695 day(s) ago

Interior

  • Basement: None
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood-Burning
  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Driving Directions: On Lake Shore between Scott and Goethe

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Heat, Water, Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Lieberman

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Zoned
  • Heating Type: Natural Gas, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Vintage
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Entry Floor Number: 25
  • Stories/Levels: 27
  • Square Feet: 5,327
  • Sq. Ft. Source: Other
  • Year Built: 1920
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 35

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front View: Front of Property

Financial Considerations

  • Association Fee: $5,319
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1920
  • Tax Amount: $22,332
  • Tax Year: 2022
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Co-op
  • Special Conditions: List Broker Must Accompany
  • Property ID: 17031110050000

Listed by Baird & Warner

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Listing agent

— 1242 N Lake Shore Dr #25 —

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1242 N Lake Shore Dr #25

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.4 mi
Lincoln Park High School, Chicago, IL
2001 North Orchard Street, Chicago, IL 60614
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1242 N Lake Shore Dr #25 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/29/2025
Price Reduced
$1,000,000
-16.67%
MLS
1/05/2025
Price Reduced
$1,200,000
-11.11%
MLS
9/03/2024
Price Reduced
$1,350,000
-15.62%
MLS
2/23/2024
Listed
$1,600,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Baird & Warner

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1242 N Lake Shore Drive #25, Chicago, IL 60611 (MLS# 11978074) is a Co-op property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 1242 N Lake Shore Drive #25 is currently listed for $1,000,000 and was received on February 23, 2024. Want to learn more about 1242 N Lake Shore Drive #25? Do you have questions about finding other Co-op real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

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