179 E Lake Shore Drive #402, Chicago, IL 60611 - Photo 1

1/1

$300,000

Sold
Closed
Co-op
1 Bed
1 Full Bath
975 Sq. Ft.
1 Car Garage

1/1

Property Description

WELCOME TO APARTMENT 402 IN THE ICONIC DRAKE TOWER LOCATED IN CHICAGO'S GOLD COAST NEIGHBORHOOD. Elegantly updated Apartment 402 is located on the fourth floor and is a generously sized 975 square foot one-bedroom co-operative residence. It features picture windows overlooking the park with some lake views from the living room and the bedroom, extensive custom built-in bookcases and cabinets, hardwood flooring throughout as well as SpacePak air conditioning. A butler's pantry extends the galley kitchen, which is furnished with high quality painted wood cabinets, granite counter tops and high-end appliances. The combo W/D unit presently stored in the entry hall closet is not connected. This unit could be installed, at the new owner's expense after the closing, in the closet adjacent to the bathroom after that closet has been plumbed accordingly. This W/D combo unit remains in the unit as part of the sale. An interior common landscaped terrace is located between the Drake Tower and the Drake Hotel. The Hotel can be accessed directly from the building. Parking is available in the building for $200 per month per car. The Drake Tower is known for its five-star staff and service which includes an on-site Property Manager, a live-in engineer, a receiving room attendant, garage attendants, elevator operators and of course the 24-hour door staff. The monthly assessments include the real estate taxes. 179 E. Lake Shore Drive is a pet friendly building.

Full Property Details

Full Property Details for 179 E Lake Shore Dr #402

General

Sold For: $300,000
HOA FEE: $2,625/month
Taxes: (2023)
Status: Closed
Type: Co-op
Source: MRED
MLS ID: 12460295
Added to Site: 177 day(s) ago

Interior

Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Additional Information

Shared Amenities: Door Person, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Receiving Room, Service Elevator(s), Business Center
Other Features: Historical District

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 1
Total Spaces: 1
Parking Features: Yes, Leased, Attached, Garage

Location

Area: CHI - Near North Side
County: Cook
Driving Directions: EAST LAKE SHORE DRIVE ADJACENT TO DRAKE HOTEL

School Information

School District: 299
Midd School District: 299

Community

Assoc. Fees Include: Heat, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Pets Allowed: Yes
Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
Mgmt. Company: DRAKE TOWER APARTMENTS

Heating & Cooling

Cooling Type: Central Air Conditioning, Small Duct High Velocity
Heating Type: Steam, Radiator(s), Zoned

Utilities

Water: Lake Michigan

Structural Information

Structure Type: High-Rise (7 or More Stories), Vintage
Construction: Brick, Stone
Exterior Const.: Brick, Stone
Basement Desc.: None
Entry Floor Number: 4
Stories/Levels: 30
Square Feet: 975
Sq. Ft. Source: Estimated
Year Built: 1928
Built Before 1978: Yes

Unit Information

Units in Building: 58

Lot Features

Lot Dimensions: COMMON

Water Features

Water Front: Yes

Financial Considerations

Lease Price: $200
Association Fee: $2,625
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

Listed by Berkshire Hathaway HomeServices Chicago
Sold by Compass

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Schools

Schools serving 179 E Lake Shore Dr #402

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 #402

Date

Details

Price

Change

Source

11/03/2025

Sold

$300,000

-10.45%

MLS

9/02/2025

Listed

$335,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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179 E Lake Shore Drive #402, Chicago, IL 60611 (MLS# 12460295) is a Co-op property that was sold at $300,000 on November 03, 2025. Want to learn more about 179 E Lake Shore Drive #402? 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.

179 E Lake Shore Dr #402 Chicago, IL 60611