$1,000,000
$1,600,000 · just reduced
1242 Lake Shore Drive
Chicago, IL 60611
- Beds
- 4
- Baths
- 4 full · 1 half
- Sqft
- 5,327
- $/sqft
- $188
- Built
- 1920
- Type
- Townhome
- MLS#
- MRD11978074
About this home
Huge 5327 sf duplex home with a 200+ sf terrace. Former home of Samuel Insul and Ray Kroc- offers panoramic wrap around views of lake and city. Home needs some updating but is priced accordingly. Amazing mural commissioned by Ray and Joan Kroc graces the circular stairway that leads to the second floor. Wood burning fireplace in the living room. Huge modern kitchen and a breakfast room with a wonderful lake view from the built-in banquette. Great home for entertaining and large enough for a family. Parking options close by.
Payment calculator
Estimated monthly cost for this home
$13,256/mo
- Principal & interest
- $5,057
- Property taxes
- $2,107
- HOA
- $5,801
- Home insurance (est.)
- $292
Estimate only, not a quote or offer of credit. Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| Current price | $1,000,000▼ $600,000 from original |
| Listed Feb 23, 2024 | $1,600,000 |
| 2023 property taxes | $25,278/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Baird & Warner, listed by James Kinney.
Information last updated Jun 15, 2026, 3:18 PM.
1242 Lake Shore Drive
Chicago, IL 60611
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Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Central Air, Zoned
- Heating
- Natural Gas, Steam
- Basement
- None
- Appliances
- Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Rooms total
- 11
- Fireplaces total
- 1
- Fireplace features
- Wood Burning