1440 N Lake Shore Drive # 16E
Chicago, IL, 60610 $ 389,000
Bedrooms2 Baths2.0 Sq 1,450 Monthly Estimate*
$ 2,456
for $389,000 with 2 bedrooms and 2 full baths. This 1,450 square foot condo was built in 1965.
Secure immediate cash flow and a premier Gold Coast address with 1440 N Lake Shore Drive, #16E. This rarely available, investor-friendly 2-bedroom, 2-bath residence offers spectacular views of Lake Michigan, Oak Street Beach, and the Chicago skyline. With both east- and west-facing exposures, the home is filled with natural light throughout the day-from beautiful lakefront sunrises to glowing city sunsets and front-row views of the Navy Pier fireworks. The spacious, open-concept living and dining area is ideal for both everyday living and entertaining. A well-designed floor plan features a generous primary suite with an en-suite bath, a versatile second bedroom perfect for guests or a home office, abundant closet space, and the exceptional convenience of a dedicated full laundry room. Located in a full-service Gold Coast high-rise, residents enjoy 24-hour door staff, a beautifully renovated rooftop deck and party room with panoramic lake and city views, a fitness center, and valet garage parking. Monthly assessments offer added convenience and predictability, covering cable, Wi-Fi, and nearly all utilities except electricity. Offered as-is, this pet-friendly residence presents an excellent opportunity for both investors and future owner-occupants. The unit is currently tenant-occupied through July 31, 2027, at $3,800 per month, providing immediate rental income from day one. Just steps from the lakefront trail, Oak Street Beach, top schools, dining, shopping, and everything the Gold Coast has to offer, #16E combines strong investment potential, flexibility, and an unbeatable location in one of Chicago's most desirable neighborhoods.
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FeaturesGeneralLiving Area 1450
Sewer Public Sewer
Heating Electric Radiant
Cooling Wall Unit(s)
Possession Closing
Appliances Double Oven Dishwasher Refrigerator Washer Dryer
HOA Fee 1908
Garage Spaces 1
Association Fee Includes Heat Water Insurance Doorman TV/Cable Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal Internet
Construction Materials Brick Glass Concrete
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1965
Township North Chicago
Unit Number 16E
Tax Year 2025
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 Elevator in Residence Exercise Room Storage On Site Manager/Engineer Party Room Sundeck Receiving Room Service Elevator(s) Valet/Cleaner Laundry
Total Rooms 5
Full Baths 2
Status New
Directions Inner Lake Shore Drive between Burton + Schiller. 20 minute parking in driveway with flashing lights if available.
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Near North Side
Elementary School Ogden Elementary
Tax Annual Amount 8104.11
Middle/Junior High School Ogden Elementary
Additional Parcels Y/N N
Virtual Tour https://real.vision/1440-north-lake-shore-drive-16e?o=u
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
Leasehold Rent $/Mo 305
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InteriorInterior Amenities Built-in Features Walk-In Closet(s) Open Floorplan
Basement None
Total Stories 35
Half Baths 0
Laundry Features Washer Hookup In Unit Common Area Sink
Total Bedrooms 2
Room Type Foyer Storage
Total Baths 2
Bedrooms Possible 2
Total Number of Units 234
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ExteriorModel CONDO
Exterior Amenities Roof Deck
Parking Features Concrete Circular Driveway Yes Leased Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N Y
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
christinalotzer@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,456
- Monthly Property Taxes
- $675
- 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 $628,780
Percent of Sale Price 62%
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.
2641063 Elementary School
2641063 Middle School
Lincoln Park High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2026 | $389,000 | | Listed Price |