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$315,000
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Property Description
This sophisticated corner condo is an ideal full-time residence or perfect pied-a-terre in the heart of Streeterville. Located in an intimate boutique elevator building with only four units per floor, this 2-bed, 2-bath home features a spacious primary suite with hardwood floors and excellent closet space. The second bedroom offers flexibility for guests, a home office, or a cozy den. The modern Euro-style kitchen showcases Poggenpohl cabinetry, sleek glass accents, and premium KitchenAid and Liebherr appliances. Eco-friendly bamboo flooring flows throughout, complementing the home's clean, contemporary design. Both bathrooms are finished with imported porcelain tile and stylish modern vanities. Each room includes its own heat and A/C control, ensuring personalized comfort year-round. Building amenities include a 24-hour doorperson, sundeck with lake views, receiving room, storage lockers, bike room, and on-site laundry. Monthly assessments cover premium cable, gas, heat, A/C, water, and more-offering exceptional value. Pet-friendly with a limit of two pets per unit. Perfectly situated just steps from Lakeshore Park with tennis and pickleball courts, outdoor fitness equipment, and a running track. Close to Oak Street Beach, the lakefront trail, Michigan Avenue shopping, world-class dining, entertainment, and Northwestern's campus. A refined, low-maintenance home in one of Chicago's most coveted neighborhoods. THE PROPERTY IS BEING SOLD AS IS AND WILL REQUIRE A THOROUGH DEEP CLEANING, DEBRIS REMOVAL, AND SOME COSMETIC UPDATES.
Full Property Details
Full Property Details for 247 E Chestnut St #502
General
- Price: $315,000
- HOA FEE: $1,288/month
- Taxes: $5,736 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12532950
- Updated: 2/20/2026
- Added to Site: 79 day(s) ago
Interior
- Basement: None
- Interior Features: Elevator, Storage
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On-Site Manager/Engineer, Sundeck
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
- Township: North Chicago
- Driving Directions: north/south on Lake Shore to Chestnut, west to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
- Mgmt. Company: Sudler
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Tar/Gravel
- Common Walls: End Unit
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 24
- Square Feet: 1,100
- Sq. Ft. Source: Other
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units in Building: 84
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit
Financial Considerations
- Lease Price: $195
- Association Fee: $1,288
- Assoc Fee Freq.: Monthly
- Assessment Year: 1963
- Tax Amount: $5,736
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17032280241024
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Schools
Schools serving 247 E Chestnut St #502
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.5 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.5 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 247 E Chestnut St #502
Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$315,000
-3.08%
MLS
12/14/2025
Listed
$325,000
-3.99%
MLS
10/24/2017
Sold
$338,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 247 E Chestnut St #502
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,757
3%
$30,599
—
2022
$5,590
-9%
$30,599
—
2021
$6,153
9%
$30,599
20%
2020
$5,664
2%
$25,427
-8%
2019
$5,544
2%
$27,594
—
2018
$5,451
9%
$27,594
19%
2017
$5,004
7%
$23,243
—
2016
$4,655
9%
$23,243
—
2015
$4,259
12%
$23,243
14%
2014
$3,786
2%
$20,406
—
2013
$3,711
1%
$20,406
—
2012
$3,662
—
$20,406
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 247 E Chestnut St #502
247 E Chestnut Street #502, Chicago, IL 60611 (MLS# 12532950) is a Condo property with 2 bedrooms and 2 full bathrooms. 247 E Chestnut Street #502 is currently listed for $315,000 and was received on December 14, 2025. Want to learn more about 247 E Chestnut Street #502? Do you have questions about finding other Condo 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.

