Active1 days on market
$265,000
3950 LAKE SHORE Drive
Chicago, IL 60611
- Beds
- 3
- Baths
- 1 full · 1 half
- Sqft
- 1,200
- $/sqft
- $221
- Built
- 1956
- Type
- Townhome
- MLS#
- MRD12735056
About this home
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 24hr notice to show while occupied. 2.5million in reserves. Come see your next property!
Payment calculator
Estimated monthly cost for this home
20% · $53K
%
Term
$2,836/mo
- Principal & interest
- $1,364
- Property taxes
- $341
- HOA
- $1,054
- Home insurance (est.)
- $77
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.67%, 2026-08-13). 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
| Listed Aug 17, 2026 | $265,000 |
| 2024 property taxes | $4,097/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 Berkshire Hathaway HomeServices Chicago, listed by Jennifer Jones.
Information last updated Aug 17, 2026, 6:36 PM.
3950 LAKE SHORE Drive
Chicago, IL 60611
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Local. They live in the area and know what’s behind these floor plans, not someone who paid for a lead.
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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
- Steam
- Basement
- None
- Appliances
- Double Oven, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
- Rooms total
- 6
- Fireplaces total
- 0
- Laundry features
- Common Area