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$260,000
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Property Description
2 bedroom, 2 bathroom condo in Mies van der Rohe designed Commonwealth Plaza. This is a full-service high rise building in great location by Lakeview and Lincoln Park. Solid starter unit or great rental. Yes, rentals are allowed!!!! Large bedroom + walk in closet and bathroom with new base. A lot of closet and storage space throughout the unit plus additional assigned storage on the 3rd floor. Many amenities include grills, picnic areas, playground, outdoor pool, fitness room. Building allows service animals only. Easy access to the city with bus lines right outside your door as well as access to the park and Lake Shore Drive. There is valet parking in the garage available for $250/month. There are waitlists for carport and self-parking spots. selling as is, no tax prorations
Full Property Details
Full Property Details for 340 W Diversey Pkwy #518
General
- Price: $260,000
- HOA FEE: $1,051/month
- Taxes: $4,852 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12545012
- Updated: 1/17/2026
- Added to Site: 7 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator
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, On-Site Manager/Engineer, Service Elevator(s), Laundry
Exterior
- Exterior Features: Outdoor Grill
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Yes, Leased, Attached, Garage
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Subdivision: Commonwealth Plaza
- Driving Directions: Northeast corner of Diversey & Sheridan, first building on east side of Sheridan, just north of Diversey
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, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK
- Pet Restrictions: Cats OK
- Mgmt. Company: Commonwealth Plaza
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Glass
- Exterior Const.: Glass
- Basement Desc.: None
- Entry Floor Number: 5
- Stories/Levels: 28
- Square Feet: 1,072
- Sq. Ft. Source: Estimated
- Year Built: 1957
- Built Before 1978: Yes
Unit Information
- Units in Building: 330
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Cats OK
Water Features
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Lease Price: $250
- Association Fee: $1,051
- Assoc Fee Freq.: Monthly
- Assessment Year: 1957
- Tax Amount: $4,852.57
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 14282060051233
Listed by Magiera City LLC
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Schools
Schools serving 340 W Diversey Pkwy #518
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nettelhorst Elementary School 3252 North Broadway, Chicago, IL 60657 | PK-8 | 0.6 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 2.1 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 340 W Diversey Pkwy #518
Date
Details
Price
Change
Source
1/11/2026
Listed
$260,000
106.35%
MLS
11/05/2025
Sold
$126,000
—
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 340 W Diversey Pkwy #518
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,853
3%
$22,999
—
2022
$4,730
2%
$22,999
—
2021
$4,625
-8%
$22,999
1%
2020
$5,048
1%
$22,660
-9%
2019
$4,986
2%
$24,819
—
2018
$4,903
98%
$24,819
21%
2017
$2,477
-14%
$20,581
—
2016
$2,864
4%
$20,581
—
2015
$2,753
1%
$20,581
5%
2014
$2,729
-11%
$19,566
—
2013
$3,080
-6%
$19,566
-6%
2012
$3,286
—
$20,805
—
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 340 W Diversey Pkwy #518
340 W Diversey Parkway #518, Chicago, IL 60657 (MLS# 12545012) is a Condo property with 2 bedrooms and 2 full bathrooms. 340 W Diversey Parkway #518 is currently listed for $260,000 and was received on January 11, 2026. Want to learn more about 340 W Diversey Parkway #518? Do you have questions about finding other Condo real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

