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Dream Town Realty


1240 N Lake Shore Drive

1240 N LAKE SHORE DRIVE - Gold Coast Condo

About 1240 N Lake Shore Drive

If genuine urban living is what you seek, then what better way to experience the city than in this gorgeous high-rise in the heart of the glamorous Gold Coast neighborhood? This 32-floor high-rise condo building located at 1240 N Lake Shore Drive is just steps away from the beach, and it affords spectacular views of the Chicago skyline as well as stunning panoramas of Lake Michigan.

Situated in the Gold Coast neighborhood of Chicago, 1240 N. Lake Shore Drive is a sought-after residential development that offers quality construction, roomy units and the modern amenities and services you need to live in comfort and style in the big city. Built in 1976, this structure houses 58 individual units and includes fee/leased parking to accommodate residents with vehicles. The various floorplans mostly include 3 bedrooms with an average master bedroom size of 249 square feet and a second bedroom of 189 square feet. However, if you prefer a bit more space to sleep in, there are 360 square-foot bedrooms available in several units.

Some of the building's smaller living rooms provide 408 square feet in which to put that plush wrap-around couch and the new flat screen TV, but the average size is 464 square feet for the main room. Either way, you'll have enough room to kick back and watch your television shows on those quiet nights, or host great get-togethers for the occasional celebratory event or impromptu gathering. Just make sure no little four-legged friends sneak into the party because it would violate the building strict no-pets policy.

While the ability to host parties is often an essential factor in buying a home, there are other more logistical aspects of the property that you're probably interested in knowing. For example, what the price per square foot is for the units in the building and what the properties here are selling for these days. Well, lucky for you, we've got that info right here, too.

At 1240 N. Lake Shore Drive, the average price per square foot is $383, with the minimum listing price for the building at $649,900. While certain size units (meaning a two- versus a three-bedroom) sell better than others, a 3-bedroom place most recently sold for $963,000 just around 06/01/2007. On top of the pricing data, it's nice to know the market stats for the particular site as well. Once again, we've got that right here for you.

The maximum length of time a unit in this building stays on the market (which means the time between listing and closing) is 145 days. The minimum length of time it takes to sell real estate in this Gold Coast building is 67 days. Of the units that are currently listed, 3-bedroom residences are typically on the market for an average of 296 days.

  • Neigborhood: Gold Coast
  • Total Number of Units: 58
  • Year Built: 1976
  • Air Conditioning: 3+ W/W UNTS
  • Exterior: CC
  • Common Amenities: DOOR PERSON, ELEVATO
  • Parking: FEE/LEASED
  • Pet Policy: NO PETS
  • Close To The Lakefront
  • Close To A Bus Stop
  • Close To Public Parks
  • Close To A Dog Park
  • Near A Beach
  • Has An Elevator
  • Has A Fitness Center
  • Has In Unit Laundry
  • Has A Doorman

Available Units

Unit #14B - $699,000 - 2 bed/2 bath Unit #5A - $695,000 - 3 bed/2.1 bath Unit #28A - $670,000 - 3 bed/2.1 bath Unit #8B - $725,000 - 3 bed/3 bath Unit #25A - $675,000 - 3 bed/2.1 bath Unit #14A - $725,000 - 2 bed/3.1 bath

Learn More About 1240 N Lake Shore Drive

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    Condo Buildings Near 1240 N Lake Shore Drive

    Schools In The Gold Coast Area

    See grade levels, address, and scores for schools in the Gold Coast area.

    20 schools in area
    School Type Level Grade(s) Rating

    Salazar Elementary Bilingual Center

    160 West Wendell Street

    Public Preschool - Middle PK-8

    Chicago International Charter School

    11 E Adams St Ste 600

    Charter Preschool - High PK-12

    Payton College Preparatory High School

    1034 North Wells St

    Public High 9-12

    The Latin School Of Chicago

    59 West North Boulevard

    Private Preschool - High PK-12

    Metropolitan Schoolhouse

    1415 N. Dayton

    Private Elementary - High K-12

    Lincoln Park High School

    2001 North Orchard St

    Public High 9-12

    Lincoln Elementary School

    615 West Kemper Place

    Public Elementary - Middle K-8

    Catherine Cook School

    226 West Schiller Street

    Private Preschool - Middle PK-8

    Bennett Day School

    955 W Grand Ave

    Private Preschool - High PK-12

    Lawrence Hall-Lakewood

    65 East Wacker Place

    Private Elementary - High n/a

    City Of Chicago School District 299

    125 South Clark St

    Preschool - High PK-12

    Franklin Elementary Fine Arts Center

    225 West Evergreen Ave

    Public Elementary - Middle K-8

    Lasalle Elementary Language Academy

    1734 North Orleans St

    Public Elementary - Middle K-8

    The Chicago Academy For The Arts

    1010 West Chicago Avenue

    Private High 9-12

    Bright Horizons at The Atrium

    300 W Hill St

    Private Preschool - Elementary PK-1

    Cornerstone Academy

    1111 N Wells St # 4th

    Private Elementary - High n/a

    Cornerstone Academy

    1111 N Wells St Fl 4

    Private High 9-12

    Skinner North Elementary School

    640 West Scott St

    Public Elementary K-6

    French-American School Of Chicago

    615 West Kemper Place

    Private Elementary - High K-12

    Latin School Of Chicago Lower

    1531 North Dearborn Parkway

    Private Preschool - Elementary PK-4

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by

    1240 N Lake Shore Drive Floorplan - B Tier*
    B Tier*

    Beds: 3 | Baths: 3.0 | Square Feet: 2000

    1240 N Lake Shore Drive Floorplan - A Tier
    A Tier

    Beds: 3 | Baths: 2.5 | Square Feet: 1800