1440 N Lake Shore Drive #16E, Chicago IL 60610
$389,000

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Property Description

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.

Features & Information

Key Details

  • List Price $389,000
  • Property Taxes $8,104
  • Assessments/HOA $1,908
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Square Feet 0
  • Year Built 1965
  • Listing Market Time 7
  • Status Active

Rooms

  • Total Rooms 5
  • Number of Bedrooms 2
  • Number of Bathrooms 2
  • Primary Bedroom

  • Room Size 12X17
  • Floor Level Main
  • Flooring Carpet
  • Primary Bathroom Full
  • Bedroom 2

  • Room Size 12X13
  • Floor Level Main
  • Flooring Carpet
  • Living Room

  • Room Size 18X25
  • Floor Level Main
  • Flooring Carpet
  • Dining Room

  • Room Size COMBO
  • Floor Level Main
  • Kitchen

  • Room Size 8X10
  • Floor Level Main
  • Flooring Ceramic Tile

Additional Rooms

  • Foyer

  • Room Size 8X6
  • Floor Level Main
  • Flooring Ceramic Tile
  • Storage

  • Room Size 3X7
  • Floor Level Main
  • Flooring Ceramic Tile
  • Laundry

  • Room Size 5X5
  • Floor Level Main
  • Flooring Ceramic Tile

Interior Features

  • Appliances

  • Appliances Included Double Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Heating & Cooling

  • Heating Type Electric, Radiant
  • Air Conditioning Wall Unit(s)

Exterior Features

  • Parking

  • # of Cars 1

Building Information

  • Number of Units 234
  • Age of Building 61-70 Years
  • Exposure East,West,City,Lake/Water
  • Pets

  • Pets Allowed? Cats OK, Dogs OK, Number Limit, Size Limit

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Inner Lake Shore Drive Between Burton + Schiller. 20 Minute Parking In Driveway With Flashing Lights, If Available.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • School Name Lincoln Park High School
  • Property Taxes

  • Tax 8104.11
  • Tax Year 2025
  • Tax Exemptions Homeowner
  • Parcel Identification Number 17031030281093

Listed by Christina Lotzer for @properties Christie's International Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/8/2026 5:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Gold Coast

Undoubtedly one of Chicago’s most affluent neighborhoods, the Gold Coast is a mix of grand 19th century mansions, luxury high-rise condominiums and renovated gray and brownstone walkups. Here, old and new seamlessly blend together with the connecting thread of wealth and status. Shaded avenues, landscaped walkways and prim wrought-iron fences add to the neighborhood’s refined appeal. A stroll among the massive stone structures that once housed many of Chicago’s wealthiest and most influential families is breathtaking.

Sharing the block with lofty, contemporary condos are majestic, symmetrical Georgian Revival mansions and impressive, stone-turreted Richardsonian Romanesque townhouses that unquestionably suit the elite, but welcome the attention of any passerby. In fact, Gold Coast neighborhood architecture and history is celebrated by annual walking tours sponsored by various architectural foundations.

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