3550 N Lake Shore Drive #521, Chicago, IL 60657
Local realty services provided by:CENTURY 21 Broughton Team
Listed by: stefanie krause, erik schwab
Office: corcoran urban real estate
MLS#:12611624
Source:MLSNI
Price summary
- Price:$229,000
- Price per sq. ft.:$274.58
- Monthly HOA dues:$629
About this home
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....
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Home facts
- Year built:1962
- Listing ID #:12611624
- Updated:April 20, 2026 at 05:49 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Dining Description:Combined With Living Room
- Kitchen Description:Dishwasher, Refrigerator, Stainless Steel Appliance(s)
- Basement:Yes
- Living area:834 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Rubber
- Year built:1962
- Building area:834 sq. ft.
- Lot Features:Common Grounds, Landscaped
- Foundation Description:Concrete Perimeter, Reinforced Caisson
Schools
- High school:Lake View High School
- Middle school:Nettelhorst Elementary School
- Elementary school:Nettelhorst Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$229,000
- Price per sq. ft.:$274.58
- Tax amount:$4,014 (2024)
Features and amenities
- Laundry features:Coin Laundry
- Amenities:CO Detectors, Fire Sprinklers, TV-Cable
Parking
- Total parking spaces:1
- Parking description:Attached Garage, Garage, Shared Driveway
- Garage:Yes
- Garage spaces:1
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