247 E Chestnut Street # 502
Chicago, IL, 60611 $ 325,000
Bedrooms2 Baths2.0 Sq 1,100 Monthly Estimate*
$ 2,028
for $325,000 with 2 bedrooms and 2 full baths. This 1,100 square foot condo was built in 1963.
This sophisticated corner condo is an ideal full-time residence or perfect pied-a-terre in the heart of Streeterville. Located in an intimate boutique elevator building with only four units per floor, this 2-bed, 2-bath home features a spacious primary suite with hardwood floors and excellent closet space. The second bedroom offers flexibility for guests, a home office, or a cozy den. The modern Euro-style kitchen showcases Poggenpohl cabinetry, sleek glass accents, and premium KitchenAid and Liebherr appliances. Eco-friendly bamboo flooring flows throughout, complementing the home's clean, contemporary design. Both bathrooms are finished with imported porcelain tile and stylish modern vanities. Each room includes its own heat and A/C control, ensuring personalized comfort year-round. Building amenities include a 24-hour doorperson, sundeck with lake views, receiving room, storage lockers, bike room, and on-site laundry. Monthly assessments cover premium cable, gas, heat, A/C, water, and more-offering exceptional value. Pet-friendly with a limit of two pets per unit. Perfectly situated just steps from Lakeshore Park with tennis and pickleball courts, outdoor fitness equipment, and a running track. Close to Oak Street Beach, the lakefront trail, Michigan Avenue shopping, world-class dining, entertainment, and Northwestern's campus. A refined, low-maintenance home in one of Chicago's most coveted neighborhoods.
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Condo ActiveCondo,High Rise (7+ Stories)
FeaturesGeneralLiving Area 1100
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Tar/Gravel
Appliances Range Microwave Dishwasher Refrigerator Disposal
HOA Fee 1288
Garage Spaces 2
Association Fee Includes Heat Air Conditioning Water Gas Insurance Doorman TV/Cable Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Concrete
Pets Allowed Cats OK Dogs OK Number Limit
Year Built 1963
Electric Circuit Breakers 200+ Amp Service
Township North Chicago
Unit Number 502
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Coin Laundry Elevator(s) Exercise Room Storage On Site Manager/Engineer Sundeck
Total Rooms 5
Full Baths 2
Status New
Directions north/south on Lake Shore to Chestnut west to property.
City Chicago
High School District 299
MLS Area CHI - Near North Side
Tax Annual Amount 5736
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories)
Leasehold Rent $/Mo 195
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InteriorInterior Amenities Elevator Storage
Basement None
Flooring Hardwood
Total Fireplaces 0
Total Stories 24
Half Baths 0
Laundry Features Common Area
Total Bedrooms 2
Room Type Foyer
Total Baths 2
Bedrooms Possible 2
Total Number of Units 84
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ExteriorParking Features Heated Garage Yes Leased Attached Garage
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByHomesmart Connect LlcBroker
chris@mcgchicago.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,028
- Monthly Property Taxes
- $478
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $610,406
Percent of Sale Price 88%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/15/2025 | $325,000 | | Listed Price |