3950 N LAKE SHORE Drive # 1320
Chicago, IL, 60611 $ 265,000
Bedrooms3 Baths1.1 Sq 1,200 Monthly Estimate*
$ 1,673
for $265,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,200 square foot condo was built in 1956.
Lakeview Lakefront Condo | 3 Bed | 1.5 Bath | Investor Opportunity! Calling all investors-or future homeowners looking to secure a Lakeview property! This spacious 3-bedroom, 1.5-bath lakefront condo offers an exceptional opportunity in one of Chicago's most desirable neighborhoods. The unit is currently leased through May 31, 2027 at $3,000/month, making it an attractive investment with reliable, current tenants already in place. Recently painted in a light, modern Shoreline Gray and featuring newer Samsung stainless steel appliances, the unit offers hardwood flooring throughout, generously sized bedrooms (newer carpet not depicted!), ample closet space, and a dishwasher. One of the standout benefits is the building's comprehensive assessment package, which includes ALL utilities-even electricity, cable, and internet. Residents enjoy an impressive array of amenities, including a fitness facility, newly renovated rooftop deck with breathtaking lake and city views, card-operated laundry facilities, bike storage, on-site dry cleaners and convenience store, 24-hour door staff, mail room, and on-site management. Cats are welcome. Perfectly positioned at Irving Park Road and Lake Shore Drive, you're just steps from Lake Michigan, the harbor, lakefront bike paths, jogging trails, parks, and everything Lakeview has to offer. With convenient access to public transportation and major expressways, this location makes commuting and enjoying the city effortless. Whether you're looking for a solid investment property or a future Lakeview home, this lakefront condo is a fantastic opportunity. Come see it for yourself! Elevator non-refundable fee weekdays $350-Saturdays $375. $325 refundable deposit. At least 24hr notice to show while occupied. 2.5million in reserves. Come see your next property!
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Condo ActiveCondo,High Rise (7+ Stories)
FeaturesGeneralLiving Area 1200
Sewer Public Sewer
Heating Steam
Cooling Wall Unit(s)
Possession Closing
Appliances Double Oven Microwave Dishwasher Refrigerator Stainless Steel Appliance(s)
HOA Fee 1054
Association Fee Includes Heat Air Conditioning Water Electricity Doorman TV/Cable Exercise Facilities Exterior Maintenance Lawn Care Snow Removal Internet
Construction Materials Brick
Pets Allowed Cats OK
Year Built 1956
Township Lake View
Unit Number 1320
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 in Residence Exercise Room Storage On Site Manager/Engineer Sundeck Receiving Room Elevator(s) Workshop Area
Total Rooms 6
Full Baths 1
Status New
Directions CORNER OF LAKE SHORE & IRVING PARK
City Chicago
High School District 299
MLS Area CHI - Lake View
Tax Annual Amount 4096.91
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories)
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InteriorBasement None
Total Fireplaces 0
Total Stories 23
Half Baths 1
Laundry Features Common Area
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
Total Number of Units 660
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ExteriorWater Source Lake Michigan
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices ChicagoBroker
jjones@bhhschicago.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,673
- Monthly Property Taxes
- $341
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $628,125
Percent of Sale Price 137%
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 |
|---|
| 8/17/2026 | $265,000 | | Listed Price |