3550 N LAKE SHORE Drive # 516 Chicago, IL $ 410,000
3550 N LAKE SHORE Drive # 516
$ 410,000
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3550 N LAKE SHORE Drive # 516

Chicago, IL, 60657
$ 410,000
Bedrooms2 Baths2.0 Sq 1,250

Monthly Estimate*

$ 2,524

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Condo for sale in Chicago, IL

for $410,000 with 2 bedrooms and 2 full baths. This 1,250 square foot condo was built in 1962.

Bright and inviting residence in the desirable lakefront building at 3550 N Lake Shore Dr, Northeast corner unit featuring peaceful treetop views and Belmont Harbor. The well-maintained home offers a spacious layout filled with natural light and comfortable living space. Beautiful Scavolini designer kitchen with granite countertops. Residents enjoy full-service amenities including 24-hour door staff, fitness center, and a rooftop deck with sweeping views of Lake Michigan and the Chicago skyline. Ideally located steps from the lakefront trail, parks, dining, and public transportation-perfect for enjoying the best of Lakeview living. Attached valet garage parking is available for $165. Monthly assessment includes heat, water and cable. Building doesn't allow dog, but cats ok. No rental cap but owners must own for 18 months before renting. Building reserve is approximate $9 million. Property taxes do not reflect a homeowner's exemption.

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Condo Contingent

Price

$ 410,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 6,009

Style

Condo,High Rise (7+ Stories)

Year Built

1962

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12593042

Features
General
Living Area 1250
Sewer Public Sewer
Heating Electric
Cooling Wall Unit(s)
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator High End Refrigerator
HOA Fee 922
Garage Spaces 1
Association Fee Includes Heat Water Insurance Doorman TV/Cable Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick Glass
Pets Allowed Cats OK Number Limit
Year Built 1962
Electric Circuit Breakers
Township Lake View
Unit Number 516
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 Commissary Elevator(s) Exercise Room On Site Manager/Engineer Party Room Sundeck Security Door Lock(s) Service Elevator(s) Valet/Cleaner
Contingency Attorney/Inspection
Total Rooms 5
Full Baths 2
Status Contingent
Directions LAKE SHORE DRIVE - EXIT AT BELMONT - NORTH ON INNER DRIVE TO 3550
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - Lake View
Elementary School Nettelhorst Elementary School
Tax Annual Amount 6009
Middle/Junior High School Nettelhorst Elementary School
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories)
Leasehold Rent $/Mo 160
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Interior
Interior Amenities Storage
Basement None
Total Stories 28
Half Baths 0
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
Bathroom Separate Shower
Total Number of Units 728
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Exterior
Model 2-BDRM/2-BTH
Parking Features Concrete Circular Driveway Heated Garage Yes Leased Attached Garage
Lot Features Common Grounds Corner Lot Landscaped
Water Source Lake Michigan
Total Parking 1
Foundation Details Concrete Perimeter Pillar/Post/Pier
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Kale Realty

Broker

lilixu.arch@gmail.com

Email

Affordability Calculator

$3,025
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,524
Monthly Property Taxes
$501
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
568142 Elementary School
568142 Middle School
Lake View High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$410,000 Listed Price

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3550 N LAKE SHORE Drive # 516, Chicago, IL, 60657 is a Condo for sale at $410,000 with 1,250 sqft. 3550 N LAKE SHORE Drive # 516 has 2 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 60657 which is in Chicago, IL