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$460,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,473 Sq. Ft.
  • Updated 3 days ago
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A spacious and airy two-bedroom plus den, two-bath true loft offering refined urban living in the heart of Streeterville. This authentic loft residence features soaring 12-foot ceilings and an open, light-filled layout that defines classic loft living. The chef's kitchen is beautifully appointed with granite countertops, an expansive island, upgraded GE appliances, and rich cherry cabinetry-ideal for elevated entertaining and everyday sophistication. A dedicated dining area enhances the home's flow and functionality. The primary suite offers a spacious walk-in closet, complemented by the convenience of an in-unit washer and dryer. Newer plush carpeting delivers a fresh, move-in-ready finish. Parking available for lease. Enjoy effortless access to the lakefront, premier dining, luxury shopping, and convenient public transportation-placing Chicago's most coveted neighborhoods just outside your door. Don't miss this rare opportunity.

Full Property Details for 540 N Lake Shore Dr #408-409

General

  • Price: $460,000
  • HOA FEE: $1,015/month
  • Taxes: $6,544 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12556124
  • Updated: 3/15/2026
  • Added to Site: 9 day(s) ago

Interior

  • Basement: None
  • Interior Features: Storage
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood-Burning Stove
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Double Sink

Bedrooms

  • Total Bedrooms: 2

Parking

  • Total Spaces: 2
  • Parking Features: Assigned, Unassigned, Guest, Yes, Leased

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Driving Directions: Take Ohio St. East. Property is at the corner of Lake Shore Drive. 15 Minute Parking out front.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK
  • Pet Restrictions: Cats OK
  • Mgmt. Company: First Service Residential

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo/Loft
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Entry Floor Number: 4
  • Stories/Levels: 7
  • Square Feet: 1,473
  • Sq. Ft. Source: Estimated
  • Year Built: 1908
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 150

Lot Features

  • Lot Dimensions: COMMON
  • Lot Features: Common Grounds

Animals

  • Animals Allowed: Cats OK

Water Features

  • Water Front: Yes

Financial Considerations

  • Association Fee: $1,015
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1908
  • Tax Amount: $6,544.3
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17102110211051

Listed by Engel & Voelkers Chicago

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Listing agent

— 540 N Lake Shore Dr #408-409 —

  • Engel & Voelkers Chicago

(312) 802-3700

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 540 N Lake Shore Dr #408-409

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.9 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.8 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 540 N Lake Shore Dr #408-409 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/09/2026
Listed
$460,000
21.37%
MLS
1/18/2016
Sold
$379,000
—
Public Record
Get Price Alerts and Save Property
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 for 540 N Lake Shore Dr #408-409

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,384
3%
$34,999
—
2022
$7,199
2%
$34,999
—
2021
$7,038
-5%
$34,999
5%
2020
$7,400
2%
$33,219
-8%
2019
$7,246
2%
$36,066
—
2018
$7,124
11%
$36,066
21%
2017
$6,396
7%
$29,712
—
2016
$5,951
9%
$29,712
—
2015
$5,445
—
$29,712
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Engel & Voelkers Chicago

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540 N Lake Shore Drive #408-409, Chicago, IL 60611 (MLS# 12556124) is a Condo property with 2 bedrooms and 2 full bathrooms. 540 N Lake Shore Drive #408-409 is currently listed for $460,000 and was received on March 09, 2026. Want to learn more about 540 N Lake Shore Drive #408-409? 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.

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