3950 N Lake Shore Drive 1320, Chicago, IL

$265,000

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3

Beds

Baths

1,200

Square feet

About 3950 N Lake Shore Drive 1320

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 48hr notice to show while occupied. 2.5million in reserves. Come see your next property!

Features of 3950 N Lake Shore Drive 1320

MLS® # 12735056
Price $265,000
Bedrooms 3
Bathrooms 1.50
Full Baths 1
Half Baths 1
Square Footage 1,200
Year Built 1956
Type Residential
Sub-Type Attached Single
Status Contingent

Community Information

Address 3950 N Lake Shore Drive 1320
Area CHI - Lake View
City Chicago
County Cook
State IL
Zip Code 60611

Amenities

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
Is Waterfront No
Has Pool No

Interior

Appliances Double Oven, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
Heating Steam
Cooling Wall Unit(s)
Fireplace No
# of Stories 23
Has Basement No
Basement None

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 18
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 1054
HOA Fees Freq. Monthly

Listing Details

OfficeBerkshire Hathaway HomeServices Chicago

Listing Map