Amazing lake and city views from this high floor south facing 1 bedroom unit at 1550 Lake Shore - across from Lake Michigan and steps away from Lincoln Park and Gold Coast shopping. Perfect location to be in the city and feel part of the lake front Renovated in with marble tile floors, granite counters, stainless steel appliances, renovated bathroom and new lighting. The owners replaced the wall that breaks off the bedroom and the family room with 2 large foldable doors - giving you a wide open floor plan w/ double the views from the family room (check out pictures showing this). Full amenity building with amazing marble lobby, roof top deck, garage parking, multiple elevators. Parking 245 a month. HOA 565 + 298 for reserves - includes gas, water, heat, cable/dvr/wifi (rcn), building maintenance. (owners responsible for only electric). 2 newer AC units in the home. Rentals allowed. Storage #124 - bike storage in Garage. Laundry room (not in unit laundry). Bike room fee: $50/yr. per bike. Conventional financing and Cash ONLY - FHA and VA financing is not permitted in the building. 79% owner occupied. Investor friendly - no rental cap! No short-term rentals allowed (i.e. no Airbnb). Minimum 1 year leasing agreement required. Current reserves: $1.6 million (as of November 2022). No upcoming special assessments. Maximum 2 pets allowed per unit. 50-lb. weight maximum when fully grown. . $3.5 million was spent for the remodeled lobby and exterior facade work (2017). YOU CAN ADD WASHER AND DRYER TO UNIT - NEEDS TO BE BY KITCHEN.

Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago 312-944-8900



Based on information submitted to the MLS GRID as of 2023-12-06 08:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2023-12-06 08:05 PM UTC
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