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1550 N Lake Shore Dr

1550 N Lake Shore Dr

1550 N Lake Shore Dr
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

198 Units
34 Stories
1962 Year Built
$207K - $1.7M Value Range

Available Units

For Sale
For Rent

Highlights

  • Doorman
  • Lincoln Park High School Rated A
  • Lake Front
  • Fitness Center
  • Elevator
  • Open Floorplan

Iconic High-Rise Living in Chicago's Gold Coast

1550 N Lake Shore Drive stands as a prominent 34-story condominium building in Chicago's prestigious Gold Coast neighborhood. Completed in 1962, this high-rise offers 198 units, providing residents with a blend of urban convenience and scenic views. Located along the iconic Lake Shore Drive, the building is ideally situated for those who appreciate proximity to Lake Michigan and the vibrant city life of Chicago.

Diverse Layouts with Stunning Views

The units at 1550 N Lake Shore Drive range from cozy studios to expansive four-bedroom residences, catering to a variety of lifestyles and needs. Studio units, starting at 550 square feet, offer efficient living spaces with modern amenities and unobstructed views of Lake Michigan and the Chicago skyline. One-bedroom units, ranging from 682 to 1,221 square feet, provide ample space for singles or couples. These units often include elegant features such as hardwood floors, custom closets, and modern kitchens with stainless steel appliances and quartz countertops. Prices for one-bedroom units fall within the range of $205,000 to $335,000, making them an attractive option for those seeking a bit more space. Two-bedroom units, spanning 1,000 to 2,000 square feet, offer one to two and a half bathrooms and are priced around $350,000. These units are designed with open floor plans, allowing for flexible living and dining areas. Many feature updated kitchens with high-end appliances, spacious bedrooms with walk-in closets, and luxurious bathrooms with spa-like amenities. For those needing more space, three-bedroom units range from 1,800 to 3,255 square feet and include two to three and a half bathrooms. These units, priced from $390,000 to $1,750,000, boast expansive living areas, formal dining rooms, and large master suites with en-suite bathrooms. Some units also offer private terraces, perfect for enjoying the panoramic views of Lake Michigan, Lincoln Park, and the downtown skyline. The largest units in the building are the four-bedroom residences, which range from 2,650 to 5,350 square feet and include three to seven bathrooms. Priced around $650,000, these units are ideal for families or those who desire a spacious home in the city. Features often include multiple living areas, custom kitchens with high-end appliances, and luxurious master suites with spa-like bathrooms. Monthly HOA fees range from $600 to $5,100, covering heat, water, insurance, doorman services, TV/cable, lawn care, scavenger services, snow removal, and internet.

Comprehensive Amenities for Modern Living

Residents of 1550 N Lake Shore Drive enjoy a wide array of amenities designed to enhance their living experience. The building features a fitness room, perfect for maintaining an active lifestyle without leaving home. For those who prefer outdoor relaxation, the sun deck offers a serene space to unwind while taking in the stunning views of the city and lake. The shared laundry facilities and bike room provide practical conveniences, while the community library and event room offer spaces for socializing and entertainment. The first-floor patio and street-level stamped concrete patio are ideal for casual gatherings or enjoying a quiet moment outdoors. The building also boasts a rooftop deck, providing residents with a spectacular vantage point to enjoy the city's skyline and Lake Michigan. Additional amenities include a fitness center, library book area, meeting room, and multiple elevators for easy access to all floors. Security and convenience are top priorities at 1550 N Lake Shore Drive. The building offers 24-hour door staff, valet garage parking, on-site management, and electronic security. Residents also have access to a private parking garage, storage cages, and additional storage lockers.

Elite Living in Chicago's Gold Coast

The Gold Coast neighborhood, developed in the late 19th century, is one of Chicago's most prestigious areas. Known for its historic townhomes, larger estates, and high-rise condominiums, the neighborhood offers a refined living experience with beautiful views of Lake Michigan and lush greenery. Residents can enjoy the convenience of walking to nearby attractions, including Lincoln Park and Oak Street Beach. The area is home to a variety of dining and shopping options. La Colombe Coffee Roasters is a local favorite, while Blue Door Kitchen and Garden offers farm-to-table dining led by Art Smith, Oprah Winfrey's former chef. For a posh dining experience, 3 Arts Club Café inside Restoration Hardware provides artisanal American fare in a skylit garden setting. The Oak Street District is renowned for its luxury boutiques, including Dolce & Gabbana and Chanel, while everyday errands can be handled at Jewel-Osco or Target Grocery on Division Street. Cultural and recreational activities abound in the Gold Coast. The Porchlight Music Theater hosts plays and off-Broadway shows, and residents are just two miles from the vibrant festivals in The Loop, including the Chicago Blues and Jazz Festivals and Lollapalooza. The neighborhood also hosts annual events such as the Aster Street block party and the Old Town Art Festival. Families in the Gold Coast are served by the Chicago Public School District 299, with schools like Ogden International School and Lincoln Park High School offering quality education. The proximity to Lake Michigan is a significant draw, with Oak Street Beach and the Lakefront Trail providing ample opportunities for outdoor activities. Lincoln Park, one of the busiest parks in the United States, offers baseball diamonds, soccer fields, a zoo, lagoons, and a history museum.

Convenient and Accessible Transportation Options

1550 N Lake Shore Drive is well-connected to various transportation options, making it easy for residents to navigate the city. The building is located near several bus stops, including Lake Shore & North Ave, which serves the Sheridan line, and North Avenue Beach, which serves the North line. These stops are within a five-minute walk, providing quick access to public transit. For those who prefer the "L" train, the Sedgwick Station and Clark/Division Station are both within a 15-minute walk. Sedgwick Station serves the Brown and Purple lines, while Clark/Division Station serves the Red line, offering convenient routes to various parts of the city. The building's location also provides easy access to major airports. Chicago Midway International Airport is approximately 25 minutes away by car, while Chicago O'Hare International Airport is about 25 minutes away, making travel convenient for frequent flyers. The neighborhood's walkability is a significant advantage, with many amenities and attractions within walking distance. The excellent transit options and bike-friendly environment further enhance the accessibility of 1550 N Lake Shore Drive, making it an ideal location for urban living.

Available Condos

Building Details

Recreation

  • Fitness Center
  • Bike Trail

Outdoor Features

  • Lake Front
  • Sundeck
  • Picnic Area

Amenities

  • Water Views
  • Doorman
  • Coin Laundry
  • Package Room
  • Community Storage Space
  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 - 3 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • On-Site Parking

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Condo Association

  • $1,586 Monthly HOA Fees
  • Monthly HOA Fees Range from $738 - $5,128
  • Association fees include heat, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • Rose Hasan Association, Phone Number (312) 664-1550
  • Property managed by First Service Residential

Building Design

  • Elevator
  • Fire Sprinkler System
  • High-Rise Condominium
  • Lobby

Unit Features

  • Open Floorplan
  • Laundry Room
  • Washer and Dryer Hookup

Unit Information

Unit
2A
33E
Beds
2 Beds
3 Beds
Baths
2 Baths
3.5 Baths
Sq Ft
1,327
3,000
Price
$599,900
$1,625,000
Price / Sq Ft
$452 / Sq Ft
$542 / Sq Ft
List Date
03/28/2025
02/13/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
780
Est. Values
$217,362 - $838,122
1 Bedroom Units
Sq Ft Range
700 - 800
Est. Values
$206,751 - $450,262
2 Bedroom Units
Sq Ft Range
1,150 - 1,900
Est. Values
$345,465 - $728,636
3 Bedroom Units
Sq Ft Range
1,850 - 3,000
Est. Values
$416,967 - $1,706,291
4 Bedroom Units
Sq Ft Range
2,650 - 5,350
Est. Values
$727,510 - $948,775
All Units
Sq Ft Range
700 - 5,350
Est. Values
$206,751 - $1,706,291

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Biker's Paradise

Bike Score®

93 / 100

Very Walkable

Walk Score®

89 / 100

Excellent Transit

Transit Score®

78 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

65 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$16K - $118K
Range of Taxes in Building
$690 - $24,634
Range of Taxes per Sq Ft
$0.86 - $8.21

Property Tax History

Source: Public Records

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Building Team

Developer
Raymond Sher
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.