A few condos at 3470 North Lake Shore Drive in Lakeview are for sale. Here’s a review of the building and condos I’ve previewed or shown (none are my listings) along with photos and details of the other condos for sale.
Lake Shore Drive Condos for Sale
3470 N Lake Shore Drive is locatedÂ 3 blocks south of AddisonÂ in East Lakeview and looks over Belmont Harbor. The building currently has a Walk Score ofÂ 91 and a Transit Score of 73. The Red LineÂ Stop at Addison isÂ less than 0.8 miles away just east ofÂ Addison & Sheffield. See its interactive Walk Score Map below.
3470 N Lake Shore Drive was built in 1968 and houses 59 condos within its 28 stories. It has a roof top pool & deck along with a party room andÂ exercise room. Being a smaller high rise it doesn’t have a door person, but recently added a new video phone security system. Each unit can view the entry, the garage and connect to the police if necessary. Like many Lake Shore Drive high rises in this area dogs are not allowed. The building recently had a special assessment for work on windows, sliding glass doors, tuckpointing, the boiler, the lobby and the elevators. One of the listing agents I’ve talked with estimated that there are approximately $600K in reserves.
The building design provides a fair degree of privacy. There are a maximum of 3 units per floor. The 3 bedroom units are located on the higher floors 21 through 26 and do not come on market very often. The last unit sold was unit 8B, a 1,000 square foot 1 bedroom which sold for $290,000 in May 2013. Parking in the building is leased for $189/month, which provides 1 car wash per week and guest parking is free of charge.
Cooking appliances are gas. Most condos have in-unit laundry. All condos have at least one balcony. The most recent sale at 3470 N Lake Shore Drive was 25A, a 3 bedroom 2,200 sq ft unit which sold in November 2012 for $395,000.
3470 N LAKE SHORE DRIVE, CHICAGO, IL 60657 WALK SCORE MAP
ALL CONDOS FOR SALE AT 3470 N LAKE SHORE DRIVE, CHICAGO, IL 60657
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Notes on Condos I've Previewed/Shown
|3470 N Lake Shore Drive 26B||$498,800||3||3||Photos & Info||Under Contract - 26B is a large 3 bedroom with unobstructed lake views and a balcony.|
|3470 N Lake Shore Drive 16C||$459,000||2||2||1750||Photos & Info||Under Contract|
|3470 N Lake Shore Drive 4C||$435,000||2||2||1750||Photos & Info||4C has been nicely updated. It is on a lower floor but had 3 outdoor spaces. Two of them are patios off the bedrooms.|
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