2 months on rocket

530 N Lake Shore Dr Unit 1003, Chicago, IL, 60611

$535,000

Home List Price

$6,353*

Closing Credit

2 Bedrooms
2 Full Baths
1,324 SqFt
$404/SqFt
Condo
Schools Nearby

Location

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530 N Lake Shore Dr Unit 1003, Chicago$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2005
HeatingNatural Gas, Forced Air, Other, Zoned
CoolingCentral Air
WaterfrontLake Front, Waterfront, Lake Access
FireplaceGas Log, Gas Starter
MLS #11978009
StatusActive

About 530 N Lake Shore Dr Unit 1003

A fabulous floorplan with numerous upgrades awaits you in this 2 Bed/2 Bath condo in an ideal lakefront location at 530 Lake Shore Dr. You are warmly greeted upon entry with elegant hardwood flooring, soothing earth tone colors, a custom light fixture nestled in the tray ceiling above, along with two closets for coats and additional storage. The rich hardwood flooring extends into the remodeled kitchen which features raised height counters including exquisite yet durable quartzite countertops, custom cabinets with undermount lighting along with custom pulls, single bowl sink with custom faucet, tiled full height backsplash, and new stainless-steel appliances including an LG refrigerator and Bosch dishwasher. This exceptional kitchen also includes an oversized breakfast bar which seats four comfortably, overhead custom pendant lighting, and opens to the living/dining area, making entertaining simple. The living/dining area features a picturesque fireplace framed by custom built-in shelving on both sides, providing an attractive focal point for the room. Overhead custom track lighting looping throughout adds a finishing touch of warmth. Balcony access with lake and city views is conveniently steps away and is highlighted by the beautiful flower garden creating a calming private oasis in the city. For privacy, bedrooms are conveniently tucked away down the hall, which includes custom overhead lighting. The master bedroom has a north facing view and includes a custom-built large walk-in closet, hardwood flooring, private balcony access, and a luxurious ensuite bath featuring dual vanity, as well as a walk-in jacuzzi tub along with an oversize walk-in shower with custom floor-to-ceiling marble; both accented with beautiful onyx tile. The second bedroom can be configured as a guest room or home office and includes a large custom-built closet, along with hardwood floors and crown molding. The second bath is conveniently located across the hall and features a custom mirror along with full size shower/tub. Upgrades are everywhere you look in this tasteful home, with crown molding and custom overhead lighting throughout. The cherry on top is the large laundry room accommodating a full-size washer/dryer and includes custom cabinets for additional storage with custom pulls. This is an ideal Streeterville location with amenities galore including a 24hr doorman, beautiful rooftop deck with firepits, grills and expansive seating, a fitness room, well-appointed party room, conference room, business center with access to private offices, dry cleaners, and on-site management. Just steps to fantastic restaurants, shopping, and all the wonderful attractions that Streeterville has to offer. Guests also have access to free parking! Don't miss it! Low floor prime tandem parking available.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 30
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Stephanie Maloney

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Ceilings - 9 Foot, Open Floorplan, Special Millwork, Some Window Treatment, Dining Combo, Drapes/Blinds
  • Fireplace: Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront, Lake Access
  • Exterior: Balcony, Roof Deck, Storms/Screens, Outdoor Grill, Fire Pit, Cable Access

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Waterfront, Landscaped, Views, Outdoor Lighting, Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Other, Zoned
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wells Community Academy High School, Public District Grades 9-12
  • Ogden Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Lake Shore Drive exit at Grand Ave and go west on Grand to 530 Lake Shore Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $404/SqFt

HOA Fees:

  • Amount: $978
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

530 N Lake Shore Dr Unit 1003 vs Chicago

78 DAYS ON ROCKET

+38 Days

$535,000

+$188.5K More

$404/SqFt

+$157 More

KEY TAKEAWAY

This property is $188.5K more than the Median Sold Price and $157/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11978009

Listing Office:

  • Office Name: Homesmart Connect LLC
  • Office Phone: (847) 495-5000
  • Listing Agent: Stephanie Maloney

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2339208
3
/10
  • Ogden Elementary School

  • 24 W Walton St

  • 0.92 miles

  • Public District Grades KG-8

High School

school-card-donut-2339209
1
/10
  • Wells Community Academy High School

  • 936 N Ashland Ave

  • 2.78 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,946. The most common annual income of people living in Chicago, IL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 530 N Lake Shore Dr Unit 1003

What is the listing price of this property?

The listing price of 530 N Lake Shore Dr Unit 1003 property is $535,000.

What type of property is this?

The property 530 N Lake Shore Dr Unit 1003 is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Active Listing: 530 N Lake Shore Dr Unit 1003 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 530 N Lake Shore Dr Unit 1003 are:
Ogden Elementary School: GreatSchools Rating 3/10
Wells Community Academy High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 530 N Lake Shore Dr Unit 1003 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 530 N Lake Shore Dr Unit 1003 is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 530 N Lake Shore Dr Unit 1003 is 2005.

Rocket Homes›Illinois›Cook County›Chicago›60611›530 N Lake Shore Dr Unit 1003

This home is located at 530 N Lake Shore Dr Unit 1003 in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 1,324 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $535,000.

Chicago, IL housing market in March 2024 saw over 612 listings sold above listed price, more than 317 sold at listed price and over 916 sold below. The inventory of homes for sale in Chicago, IL between February 2024 and March 2024 increased by 21.5%. In March 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $346,470.

From Rocket Homes Real Estate and based on county public records data.

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