179 East Lake Shore Drive, Chicago, IL 60611
Here are the Drake Tower apartments for sale in Chicago with their location, building and unit information. Schedule a showing online.
THE CO-OP APARTMENTS
Cooking appliances are typically electric. Most have in-unit laundry.
Drake Tower was built in 1927 at 179 East Lake Shore Drive. The beaux-arts vintage high-rise houses 68 co-op apartments in its 30 stories. The building has a business center, exercise room, and wine cellars.
The building delivers a high level of service including mail delivered to units and staffed elevators. Parking is leased at $100/mo. for the first 2 spaces. Rates are higher for additional spaces. Dogs are ok, if they weigh 30 lbs. or less.
Drake Tower also provides interior access to the Drake Hotel. It also has Chicago’s only automobile turntable allowing vehicles to reverse direction after pulling up to the front door. [continued below]
|All Prices||3 or More|
|2 or Less|
CO-OPS SIMILAR TO DRAKE TOWEER
Numerous real estate sites incorrectly refer to this building as a condominium. It is a co-op which is an entirely different type of home ownership. Potential owners must be interviewed and submit a credit report and letters of reference. The minimum down payment for Drake Tower is 50%. As with most other co-ops in Chicago rentals are not allowed.
179 E Lake Shore Drive is located between North Lake Shore Drive and Michigan Avenue. It’s next to the Drake Hotel. East Lake Shore Drive is the same street as Oak Street except it’s east of Michigan Avenue. This block is considered to be in both the Gold Coast and Streeterville neighborhoods.
You’re just steps away from The Magnificent Mile and Oak Street Beach. The building currently has a Walk Score of 92 and a Transit Score of 88. The Red Line Stop at State and Chicago is less than half a mile away.
179 E Lake Shore Drive has a Bike Score of 76. A Divvy bike sharing station is just across the street.