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Key Details
Sold Price $825,000
Property Type Condo
Sub Type Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 3,045 sqft
Price per Sqft $270
MLS Listing ID 11785094
Sold Date 09/01/23
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Fees $6,637/mo
Year Built 1928
Annual Tax Amount $35,570
Tax Year 2021
Lot Dimensions COMMON
Property Sub-Type Co-op
Property Description
UNPRECEDENTED Value. Half-floor Drake Tower apartment has outstanding north, east and south views from the twenty-second floor. Sunlight pours into the apartment on three sides. North views directly overlook Lake Michigan and its shoreline. West views clear the Drake Hotel and capture North Michigan Avenue's skyline. South views from the bedrooms look onto Iconic Chicago architecture including the Hancock, Water Tower, and the Park Tower. The space is configured with a generous foyer featuring a walk-in closet. Thirty-foot living room looks onto Lake Michigan. A classic fireplace is cited in the center of the living room's east wall and allows for flexible furniture arrangement. Living room is open to spacious corner dining room which has north and west exposures. A huge light-filled kitchen with eating area has numerous windows facing west. Kitchen is equipped with stainless steel appliances including a new Sub-Zero. There are three bedrooms all with multiple closets and three full and one half bathrooms. Bathrooms are finished with quality materials including white Carrera marble in the primary suite. In-unit washer and dryer. The apartment is immaculate and styled in a classic modern aesthetic. Unit is offered at unbeatable price! Refresh the space with a light renovation or given such a low list price, create a whole new design--Buyer's choice. Drake Tower has elegant, restored marble lobby, exercise room, wine storage, outdoor patio/terrace, direct access to Drake Hotel, 24-hour uniformed staff, on-site manager, and live-in engineer. One pet with no weight limitation is allowed. Parking available in shareholder-owned attached garage for $200 per month. Storage room is provided. Fifty percent financing is permitted with Board approval. Total monthly assessment is $6,636.74 which includes property taxes. Property is sold "as-is".
Location
State IL
County Cook
Area Chi - Near North Side
Rooms
Basement None
Interior
Interior Features Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
Heating Natural Gas, Steam, Zoned
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Appliance Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
Exterior
Parking Features Attached
Garage Spaces 2.0
Amenities Available Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s), Valet/Cleaner, Business Center
Building
Lot Description Lake Front
Story 30
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include Heat, Water, Taxes, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Ownership Co-op
Special Listing Condition List Broker Must Accompany
Pets Allowed Cats OK, Dogs OK, Number Limit
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Bought with Kevin Snow • Berkshire Hathaway HomeServices Chicago