See Home Value
$590,000
Condo - Off Market

87 E Elm Street #1

Chicago, IL 60611
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1576 Sqft
$4,552
Est. Monthly
$593
HOA / Fees
4.18%
Cap Rate

About This Property

Nestled on leafy Elm Street, just off of Lake Shore Drive, sits this high first floor 2BR + Den/2BA condo that was completely renovated in 2019! Seriously, this unit is a JEWELRY BOX and will burn your retinas with its glitz and glam, so bring your sunglasses. Not a single detail was overlooked, and the sellers took extra care to preserve as many of the original 1890's details as possible--solid wood doors with new period-appropriate door knobs and hardware, hardwood floors throughout, and high quality millwork and mouldings. The bright, open living/dining room features 12 foot ceilings, fireplace, and floor-to-ceiling built-in bookcases. True to vintage Gold Coast apartments, this home has no shortage of closet space and storage. The central hallway is adorned with closets, a laundry closet (full sized side-by-side, not stackable!) and an awesome wet bar for entertaining. At the heart of the home is the eat-in kitchen, complete with a table nook, bar seating, quartz countertops, custom ceiling-height cabinetry, and stainless steel appliances. Start and end your day in the primary suite, which has been well-equipped with ample closet space, a wall-mounted electric fireplace, and a primary bathroom with marble tile surround. Just off the primary bedroom is a den/office with stunning south sunlight, and leads to a private deck! The second bedroom and bathroom are great for guests. The second bathroom is the only room that hasn't been updated, but the green marble tile is so cool that it would be a shame to tear it out (the pictures don't do it justice, I promise you). Only a 4 unit building, and it's been meticulously and thoughtfully self-managed by a hands-on association. Parking is available to rent in several buildings nearby, and the seller has a transferable parking lease at 1110 N. Lake Shore for $300/mo.! The location speaks for itself--public transit galore (multiple CTA bus lines, 4 blocks to the Clark and Division Red Line Station), two blocks to Oak Street Beach underpass entrance, and all the best retail, nightlife and restaurants the Gold Coast has to offer. This has all the charm and amenities of a classic, million-dollar Lake Shore Drive co-op, for a fraction of the price and monthly HOA fees!
Unit Size
1,576Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$381
Property Type
Condo
Property Taxes
$1,013
HOA Dues
$593
Year Built
-
Last updated: 8 days ago (MRED MLS #11991113)

Price History

Date / Event Date Event Price
May 30, 2024 Sold $590,000
Sold
Apr 4, 2024 Listed by Keller Williams ONEChicago $599,900
Listed by Keller Williams ONEChicago

Property Highlights

Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Transferrable Lease
Garage On-Site: No
Garage Type: Detached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Bar-Wet, Hardwood Floors, Storage
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms: 6
Fireplace Features: Electric, Gas Log
Fireplaces: 2
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Stone
Age: Unknown
Rehab Year: 2021
Rebuilt(Y/N): No
Parcel Number: 17032010771002
Property Type: Residential
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Deck
Lot Features: Common Grounds, Fenced Yard
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2022
Tax Annual Amount: $12,154
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: North Chicago
Corporate Limits: Chicago
Directions: Lake Shore Drive to Elm Street, west to 87.
County or Parish: Cook
Elementary School District: 299
Elementary School: Ogden Elementary
Middle Or Junior School District: 299
Middle Or Junior School: Ogden Elementary
High School District: 299
High School: Lincoln Park High School
Other Details
Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $593
Association Fee Freq: Monthly
Selling Agency Compensation: 2.5% - $395
Holds Earnest Money: Yes
Possession: Array
Some Photos Virtually Staged (Y/N): No


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,500 ft²
$373/ft²
$560,000 Mar 15, 2024
$560,000 Jun 21, 2024
$1,217/mo
Condo
2 Beds
2 Baths
1,650 ft²
$364/ft²
$600,000 Apr 1, 2024
$600,000 May 29, 2024
$2,289/mo
Condo
2 Beds
2 Baths
1,550 ft²
$314/ft²
$487,000 Apr 12, 2024
$487,000 Jun 11, 2024
$2,339/mo
Condo
2 Beds
2 Baths
1,850 ft²
$365/ft²
$675,000 Jul 22, 2021
$675,000 Sep 24, 2021
$2,600/mo
Condo
2 Beds
2 Baths
1,150 ft²
$583/ft²
$670,000 May 2, 2024
$670,000 Jun 6, 2024
$1,782/mo
Condo
2 Beds
2 Baths
2,400 ft²
$236/ft²
$567,000 May 3, 2024
$567,000 Jun 24, 2024
$3,152/mo
Condo
2 Beds
2 Baths
1,450 ft²
$424/ft²
$615,000 May 5, 2024
-
$2,052/mo
Condo
2 Beds
2 Baths
1,600 ft²
$356/ft²
$569,000 Mar 15, 2024
-
$3,001/mo
Condo
2 Beds
2 Baths
1,500 ft²
$464/ft²
$696,000 Jan 16, 2024
-
$3,055/mo
Condo
2 Beds
2 Baths
1,300 ft²
$423/ft²
$550,000 May 8, 2024
-
$1,442/mo
Condo
2 Beds
2 Baths
1,400 ft²
$375/ft²
$524,900 Jun 5, 2024
-
$2,341/mo
Condo
2 Beds
2 Baths
1,250 ft²
$488/ft²
$610,000 Jun 24, 2024
-
$1,776/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240404 Unit 1
04/04/2024
1
2 Bed
2 Bath
1576 ft²
$599,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1576 ft²
$590,000 -1.65%
05/30/2024
-
Alex Wolking
Keller Williams - Chicago - Lincoln Park
20230205 Unit G
02/05/2023
G
1 Bed
1 Bath
-
$165,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Florenzia Molinelli
RE/MAX Real Estate
20220811 Unit 2
08/11/2022
2
2 Bed
2 Bath
1625 ft²
$550,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1625 ft²
-
-
-
Florenzia Molinelli
RE/MAX Real Estate

Building Info

87 East Elm Street 87 East Elm Street, Chicago, IL 60611
More about this Building
87 East Elm Street
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