950 N Michigan Avenue Unit 5503-5501
Chicago, IL 60611
- 4 beds
- 6 baths
- 6,000 sqft
- $533 per sqft
- 1984 build
- – on site
A rare find in city living. 6000 Sq foot penthouse with 2 balconies and breathtaking wrap around East, North & West unobstructed views of the lake and city. No detail was left unturned in this thoughtful and flexible layout. The gorgeous entryway leads to an office suite with a private bathroom, as well as an elegant living room both enjoying a lakefront balcony. This home has a large formal dining room, exceptional kitchen w/ 2 large islands - perfect for informal dining or accommodating caterers. Kitchen has custom wood cabinetry with built-ins for abundant storage, even 4 blind corner pullouts. Other special amenities are wine fridge, double oven, oversized refrigerator, and in large island, 2 additional refrigeration drawers. First floor also has a family room with a dry bar, bedroom, sitting room/office and full bath. Possibilities for this flexible space could be for in-laws, live-in help, early career adult children or just for you! A gorgeous floating wood staircase leads to the second floor where you can enjoy unobstructed views of the lake complete with a balcony from your enormous primary suite. Primary has 3 large walk-in closets, a huge bath which includes heated floors, large shower, dual sinks and dressing area. Additionally, there are 2 separate large ensuite bedrooms. Extra features - 2 laundry rooms (one on each floor) and an abundance of storage and closet space. Throughout the unit are beautiful rich finishes from floor to ceiling such as hardwood floors, custom lights and blinds to name a few. No words can accurately describe the beauty and thoughtfulness put into this unit. A must see. Full amenity building includes a 24 hour doorman, exercise room, indoor pool & sun deck.
Last checked:
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Last updated Nov 3, 2024
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MLS# 12155352 —
The Building
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Year Built:1984
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Rebuilt:No
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New Construction:false
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Basement:None
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Exterior Features:Balcony
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Disability Access:No
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Stories Total:56
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Living Area Source:Builder
Interior
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Rooms Total:10
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Room Type:Office, Sitting Room, Utility Room-2nd Floor, Balcony/Porch/Lanai, Walk In Closet
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Interior Features:Bar-Dry, Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Second Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Special Millwork, Doorman, Drapes/Blinds, Granite Counters, Lobby, Separate Dining Room, Some Wall-To-Wall Cp
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Laundry Features:Electric Dryer Hookup, In Unit, Sink
Room Dimensions
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Living Area:6000
Location
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Directions:On Michigan Avenue across from the Drake Hotel between Oak Street and Walton Street
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Location:11000
The Property
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Parcel Number:17032070681156
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (312) 493-0191
- Office phone:
- (312) 640-7010
Taxes
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Tax Year:2023
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Tax Annual Amount:54265.81
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:6
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Full Baths:4
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Half Baths:2
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Electric, Radiant, Sep Heating Systems - 2+, Indv Controls, Zoned
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Cooling:Central Air, Zoned
Utilities
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Sewer:Public Sewer
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Electric:200+ Amp Service
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK, Number Limit, Size Limit
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Association Amenities:Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Restaurant, Sauna, Service Elevator(s), Spa/Hot Tub
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Association Fee:7521
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Association Fee Includes:Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Garage Type:Attached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Fee/Leased
Monthly cost estimate
Asking price
$3,200,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$17,135
|
| Taxes | $4,522 |
| Insurance | $880 |
| HOA fees | $7,521 |
| Utilities | $245 See report |
| Total | $30,303/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/1/24
Nov 1, 2024
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Listed / Active | MRED | $3,200,000 |
