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$7,700,000
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Property Description
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.
Full Property Details
Full Property Details for 1500 N Lake Shore Dr #PH
General
- Sold For: $7,700,000
- HOA FEE: $10,623/month
- Taxes: $80,229 (2021)
- Status: Closed
- Type: Co-op
- Source: MRED
- MLS ID: 11706848
- Added to Site: 1, 122 day(s) ago
Interior
- Interior Features: Vaulted/Cathedral Ceilings, Bar, Wet Bar, Elevator, Hardwood Floors, In-Law Arrangement, First Floor Laundry, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Coffered Ceiling(s), Historic/Period Mlwk, Beamed Ceilings, Special Millwork, Hallways - 42 Inch, Doorman, Lobby, Separate Dining Room
- Fireplace: Yes
- Fireplace(s): Living Room, Wood-Burning, Gas Starter, Masonry
- Appliances: Microwave, Dishwasher, High-End Refrigerator, Freezer, Washer, Dryer, Cooktop, Built-In Oven
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 6
- Half Bathrooms: 1
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Receiving Room, Security Door Lock(s), Service Elevator(s)
- Other Features: Historical District
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Ownership: Transferrable Lease
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
- Garage Description: High Garage Door (7 Feet or More)
Location
- Area: CHI - Near North Side
- County: Cook
- Driving Directions: The North East Corner of Lake Shore Drive and Burton Place.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Ogden Elementary
- Middle School: Ogden Elementary
- High School: Lincoln Park High School
- Private School: Lincoln Park High School
Community
- Assoc. Fees Include: Heat, Water, Gas, Parking, Taxes, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Sudler Property Management
Heating & Cooling
- Cooling Type: SpacePak, Zoned
- Heating Type: Natural Gas, Electric, Steam, Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: High-Rise (7 or More Stories), Vintage
- Exterior Const.: Brick, Stone
- Basement Desc.: None
- Stories/Levels: 24
- Square Feet: 8,000
- Sq. Ft. Source: Plans
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- Units in Building: 57
- Unit Floor in Bldg.: 24
Lot Features
- Lot Dimensions: COMMON
- Driveway/Sidewalk: Side Drive
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $10,623
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1927
- Tax Amount: $80,229.24
- Tax Year: 2021
Disclosures and Reports
- Ownership: Co-op
- Property ID: 17031010220000
Listed by Jameson Sotheby's Intl Realty
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 1500 N Lake Shore Dr #PH
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.7 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1.2 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 1500 N Lake Shore Dr #PH
Date
Details
Price
Change
Source
8/19/2024
Sold
$7,700,000
-9.41%
MLS
9/20/2023
Price Reduced
$8,500,000
-12.82%
MLS
1/25/2023
Listed
$9,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1500 N Lake Shore Drive #PH, Chicago, IL 60610 (MLS# 11706848) is a Co-op property that was sold at $7,700,000 on August 19, 2024. Want to learn more about 1500 N Lake Shore Drive #PH? 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.

