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$499,000
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Property Description
The Drake Tower stands as one of Chicago's most iconic addresses, where timeless elegance meets modern sophistication. Tucked within this landmark building, Unit 202 offers a rare opportunity: the only residence on its own floor, located on the mezzanine level. Arrive in style by taking the elevator with the building's friendly attendant, or ascend the grand staircase to the mezzanine where this remarkable home resides. Just down the hallway, residents enjoy coveted direct interior access to the legendary Drake Hotel. For added convenience, a large private storage locker-assigned exclusively to this unit-is located directly across the hall. This beautifully appointed 2-bedroom, 2-bathroom residence balances architectural character with thoughtful design and breathtaking views of both the lake and city. The expansive living room sets the tone with a stately fireplace and custom built-ins that transition seamlessly into the formal dining room. Sunlight streams through oversized windows, accentuating the refined millwork, curated lighting, and graceful proportions of the home. The dining area, framed by a dramatic chandelier and elegant wall paneling, is perfectly suited for intimate dinners or grand entertaining. The chef's kitchen is equally impressive, outfitted with top-of-the-line stainless steel appliances, custom cabinetry, and striking marble finishes that elevate both form and function. The primary suite serves as a private retreat, complete with an en-suite bath and ample closet space, while the second bedroom also enjoys a full bath, ideal for guests or a home office. Throughout the home, hardwood flooring enhances the main living areas, while marble flooring graces the entryway and kitchen, adding to the sense of luxury. Every detail has been thoughtfully curated to combine daily comfort with classic refinement. Residents of The Drake Tower enjoy premier amenities including a fitness center, wine lockers, 24-hour door staff, and a beautifully appointed roof deck. Perfectly positioned along the lakefront and steps from Michigan Avenue, Oak Street, and Chicago's finest dining, shopping, and entertainment, this residence offers not only a home, but a lifestyle of unmatched distinction.
Full Property Details
Full Property Details for 179 E Lake Shore Dr #202
General
- Sold For: $499,000
- HOA FEE: $3,791/month
- Taxes: (2023)
- Status: Closed
- Type: Co-op
- Source: MRED
- MLS ID: 12489821
- Added to Site: 136 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, Storage, High Ceilings, Doorman, Lobby, Separate Dining Room
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Receiving Room, Service Elevator(s), Business Center
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Heated Garage, Yes, Leased, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Subdivision: Drake Tower
- Driving Directions: East of Drake Hotel on East Lake Shore Drive, across from Lake Michigan.
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Heat, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK, Number Limit
- Mgmt. Company: Self-managed
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Vintage
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Basement Desc.: None
- Sub-Flooring: Carpet
- Entry Floor Number: 2
- Stories/Levels: 30
- Square Feet: 1,724
- Sq. Ft. Source: Plans
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units in Building: 58
Lot Features
- Lot Dimensions: COMMON
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Lease Price: $200
- Association Fee: $3,791
- Assoc Fee Freq.: Monthly
- Assessment Year: 1928
- Tax Year: 2023
Disclosures and Reports
- Ownership: Co-op
- Special Conditions: List Broker Must Accompany
- Property ID: 17032080020000
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Schools
Schools serving 179 E Lake Shore Dr #202
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.3 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 179 E Lake Shore Dr #202
Date
Details
Price
Change
Source
12/22/2025
Sold
$499,000
—
MLS
10/07/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
179 E Lake Shore Drive #202, Chicago, IL 60611 (MLS# 12489821) is a Co-op property that was sold at $499,000 on December 22, 2025. This property was listed by Dawn McKenna Group from our Hinsdale Office.Want to learn more about 179 E Lake Shore Drive #202? 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.


