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Arthur Barkan

arthur@barkanrealty.com +1(224) 433-4553

Listed by Christina Lotzerof @properties Christie's International Real Estate

Est. payment | -/mo

2 Beds

2 Baths

1,450 SqFt

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Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,450 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,450 sqft

MLS Listing ID 12671674

Bedrooms 2

Full Baths 2

HOA Fees $1,908/mo

Year Built 1965

Annual Tax Amount $7,842

Tax Year 2024

Lot Dimensions COMMON

Property Sub-Type Condo

Property Description

Secure immediate cash flow and prime real estate with 1440 N Lake Shore Drive, #16E, a highly coveted, investor-friendly condo in the heart of the Gold Coast. This rarely available 2-bedroom, 2-bathroom residence boasts spectacular views of Lake Michigan, Oak Street Beach, and the iconic city skyline. Thanks to its dual east- and west-facing exposures, the home is completely flooded with natural light from sunrise to sunset. Residents can enjoy vibrant lake sunrises, golden hour city glow, and front-row seats to the Navy Pier fireworks-all from the comfort of an open-concept living and dining area designed for seamless entertaining. The thoughtful floor plan features a spacious primary suite with an en-suite bath, a flexible second bedroom perfect for guests or a home office, and the exceptional convenience of a dedicated full laundry room and abundant closet space throughout. Located in a premier, full-service Gold Coast high-rise, the building offers an elevated lifestyle with 24-hour door staff, a completely renovated rooftop deck and party room with panoramic vistas, a fitness center, and a valet parking garage. Monthly assessments provide excellent predictability and value, covering cable, Wi-Fi, and nearly all utilities except electricity. Offered as-is, this pet-friendly residence is a turnkey dream for both future owner-occupants and savvy investors. The unit is currently tenant-occupied through July 31, 2027, commanding a strong rental rate of $3,800 per month and providing immediate, reliable cash flow with a proven rental history. Situated just steps from the lakefront trail, prestigious schools, and world-class Gold Coast dining and shopping, #16E offers an unbeatable combination of convenience, flexibility, and long-term value in one of Chicago's most coveted locations.

Location

State IL

County Cook

Rooms

Basement None

Interior

Interior Features Built-in Features, Walk-In Closet(s), Open Floorplan

Heating Electric, Radiant

Cooling Wall Unit(s)

Fireplace N

Appliance Double Oven, Dishwasher, Refrigerator, Washer, Dryer

Laundry Washer Hookup, In Unit, Common Area, Sink

Exterior

Exterior Feature Roof Deck

Garage Spaces 1.0

Community Features Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner, Laundry

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Glass,Concrete

New Construction false

Schools

Elementary Schools Ogden Elementary

Middle Schools Ogden Elementary

High Schools Lincoln Park High School

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit

Ownership Condo

Special Listing Condition List Broker Must Accompany

Virtual Tour https://real.vision/1440-north-lake-shore-drive-16e?o=u

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 433-4553

arthur@barkanrealty.com

1700 W Higgins Rd STE 240, Plaines, IL, 60018

1440 N Lake Shore DR #16E Chicago, IL 60610

Arthur Barkan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1440 N Lake Shore DR #16E

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