1540 North Lake Shore Drive, Chicago, IL 60610
Here are the 1540 N Lake Shore Drive apartments for sale with their location, building and unit information. Schedule a showing online.
THE CO-OP APARTMENTS
1540 N Lake Shore Drive includes 2, 3, and 4 bedroom apartments. The apartments have a co-op form of ownership. Apartments range in size from 3,000 to 4,300 square feet.
Styles vary from vintage to more contemporary. The floor plans are fairly linear stretching from the front of the building to the back. All of the apartments I’ve seen have gas cooking appliances.
1540 N Lake Shore Drive prices start at over $900K. Many apartments have sold for over $1.2M. See the listings below for current list prices.
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BUILDINGS SIMILAR TO 1540 N LAKE SHORE DRIVE
Built in 1926 the French provincial style high-rise houses 29 apartments on 17 floors. According to Baird & Warner’s “A Portfolio of Fine Apartment Homes“, the original apartments consisted of 8 rooms 2 of which were maid’s rooms. There were 4 bathrooms with tiled walls and floors. Kitchens had 6 burner, 4 oven enamel ranges. A filter system provided purified water throughout the building.
“Chicago Apartments A Century of Lakefront Luxury” by Neil Harris shares that the building went into receivership during the Great Depression. In 1947 it’s residents were able to return it to “cooperative status”.
There are no more than 2 units per floor. The building has an exercise room and storage. The door staff operate the elevator 24/7. Leased parking is available next door. Valet parking is also available. Utilities included in the monthly assessments include: cable TV, heat and water. Since it’s a co-op property taxes are included in the assessments as well.
As is typical with co-ops, an application and interview with the co-op board is required. A minimum down payment of 60% is required. As with most other co-ops in Chicago rentals are not allowed.
1540 N Lake Shore Drive is in the northeastern part of the Gold Coast neighborhood in downtown Chicago. It’s north of Burton and south of North Avenue. Chicago’s Lakefront is just on the other side of Lake Shore Drive. Lincoln Park is one block to the north.
A Potash Markets grocery store is 6 blocks away. A Walgreens Pharmacy is 8 blocks away.
The location currently has a Walk Score of 91 and a Transit Score of 83. It’s just over half a mile from the Red Line Stop at Clark & Division. The #151/Sheridan bus which runs north and south stops right on inner Lake Shore Drive. The #73/North bus which runs east and west is 4 blocks away. Multiple car sharing services are within 2 blocks.
It has a Bike Score of 53. A Divvy bike sharing station is just a block north.
According to WalkScore.com, the location has a Crime Grade of A. That means it’s a lowest crime area compared to all of Chicago.