Active
$389,000
1440 Lake Shore Drive
Chicago, IL 60610
- Beds
- 2
- Baths
- 2 full
- Sqft
- 1,450
- $/sqft
- $268
- Built
- 1965
- Type
- Townhome
- MLS#
- MRD12671674
About this home
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.
Payment calculator
Estimated monthly cost for this home
20% · $78K
%
Term
$4,697/mo
- Principal & interest
- $2,000
- Property taxes
- $675
- HOA
- $1,908
- Home insurance (est.)
- $113
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.66%, 2026-08-27). 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
| 2025 property taxes | $8,104/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.
Schools
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Ogden Elementary
299
Middle
Ogden Elementary
299
High school
Lincoln Park High School299
See programs, enrollment & homes near this school →
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of @properties Christie's International Real Estate, listed by Christina Lotzer.
Information last updated Aug 28, 2026, 3:22 PM.
1440 Lake Shore Drive
Chicago, IL 60610
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Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Wall Unit(s)
- Heating
- Electric, Radiant
- Basement
- None
- Appliances
- Double Oven, Dishwasher, Refrigerator, Washer, Dryer
- Rooms total
- 5
- Laundry features
- Washer Hookup, In Unit, Common Area, Sink
- Interior features
- Built-in Features, Walk-In Closet(s), Open Floorplan