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$227,000
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Property Description
Ready to stop paying your landlord's mortgage and invest in the future? Come live your best life in vibrant Lakeview, just a short distance from the lake, dining, and endless neighborhood amenities! This spacious 1 bed 1 bath offers incredible potential for both first-time buyers and investors, featuring an oversized layout with two walk-in closets, abundant storage, partial lake views, separate area to put a dining room table, or create a den/office nook in that area, vinyl flooring in the main living areas, and well-maintained carpet in the bedroom. Kitchen has a suite of appliances (including a dishwasher!) making it a perfect canvas for your renovation ideas. Cabinetry has been updated and installed for maximum storage potential. Newly installed motion censored lighting in the closets won't have you worrying if you turned off the lights in your home. Don't be fooled by the lower floor, there is abundant sunshine pouring through the windows during the day. With strong future rental upside after the 18-month owner-occupancy requirement, this is a rare opportunity to create value in one of Chicago's most desirable neighborhoods. Building amenities include 24-hour security staff, rooftop deck, gym, laundry facilities, and an attached convenience store for those cold Chicago days. Valet parking available through the building, in-unit laundry is not allowed per the HOA.
Full Property Details
Full Property Details for 3550 N Lake Shore Dr #521
General
- Sold For: $227,000
- HOA FEE: $629/month
- Taxes: $4,014 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12611624
- Added to Site: 47 day(s) ago
Interior
- Interior Features: Elevator
- Appliances: Dishwasher, Refrigerator, Stainless Steel Appliance(s), Oven, Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s)
- Equipment: Cable TV, Fire Sprinklers, Carbon Monoxide Detectors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Shared Driveway, Garage Door Opener, Heated Garage, Yes, Leased, Attached, Garage
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: SOUTH CORNER LSD AND ADDISON
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Nettelhorst Elementary School
- Middle School: Nettelhorst Elementary School
- High School: Lake View High School
- Private School: Lake View High School
Community
- Assoc. Fees Include: Heat, Water, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance
- Pets Allowed: Yes
- Pet Restrictions: Cats OK
- Mgmt. Company: FirstService Residential
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric, Baseboard
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Brick, Concrete
- Exterior Const.: Brick, Concrete
- Basement Desc.: None
- Foundation: Concrete Perimeter, Reinforced Caisson
- Roof: Rubber
- Windows: Screens
- Entry Floor Number: 5
- Stories/Levels: 28
- Square Feet: 834
- Sq. Ft. Source: Estimated
- Year Built: 1962
- Built Before 1978: Yes
Unit Information
- Units in Building: 728
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds, Landscaped
Water Features
- Water View: Yes
- Water Front View: Side(s) of Property
Financial Considerations
- Lease Price: $165
- Association Fee: $629
- Assoc Fee Freq.: Monthly
- Assessment Year: 1962
- Tax Amount: $4,014.32
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 14211110071103
Listed by Corcoran Urban Real Estate
Sold by Baird & Warner
Get Pre-Approved Today
Schools
Schools serving 3550 N Lake Shore Dr #521
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nettelhorst Elementary School 3252 North Broadway, Chicago, IL 60657 | PK-8 | 0.5 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3550 N Lake Shore Dr #521
Date
Details
Price
Change
Source
5/11/2026
Sold
$227,000
-0.87%
MLS
4/20/2026
Listed
$229,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3550 N Lake Shore Drive #521, Chicago, IL 60657 (MLS# 12611624) is a Condo property that was sold at $227,000 on May 11, 2026. Want to learn more about 3550 N Lake Shore Drive #521? 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.

