Archive for the '540 N. Lake Shore Dr' Category

A Studio Loft Returns to the Market in 540 N. Lake Shore Drive in Streeterville

We last chattered about this studio loft at 540 N. Lake Shore Drive a year ago, in April 2009.
See our prior chatter here.
In our prior chatters, the listing had said that it had sold in only one day in 2005.
That was then and this is now.
This time around, the loft has been on and off the […]

Duplex Brick and Timber Loft in Streeterville Sells for List Price: 540 N. Lake Shore Drive

We last chattered about this unique duplex brick and timber loft at 540 N. Lake Shore Drive in Streeterville in September 2009.

See our prior chatter and pictures here.
The 2-bedroom unit had new walnut hardwood floors and walls of exposed brick.
It also had a lofted area that overlooked the living room and roof-rights.
It sold for the […]

Lake Shore Drive Brick and Timber Loft Returns to the Market: 540 N. Lake Shore Drive

We last chattered about this 1-bedroom loft at 540 N. Lake Shore Drive in Streeterville in September 2009.

See our prior chatter and pictures here.
Since September, the unit was removed from the market after it rented but it has since come back on the market after the rental fell through.
It has also been reduced by $20,000.
The loft […]

Duplex Penthouse Loft Listed $120K Under the 2004 Price: 540 N. Lake Shore Drive in Streeterville

Who knew there were duplex lofts in 540 N. Lake Shore Drive in Streeterville?

This 2-bedroom penthouse unit just came on the market and it has soaring two-story walls of brick in the living room and a spiral staircase up to the second floor bedroom area.
The kitchen has granite counter tops and stainless appliances.
It has central air and […]

We Love Authentic Lofts: Brick and Timber on the Drive: 540 N. Lake Shore Drive

540 N. Lake Shore Drive in Streeterville is the only loft building located directly on Lake Shore Drive in the city.

Converted into condos in the early 1990s, before the condo craze, the brick and timber units are extra large.
This south facing 1-bedroom unit is 1128 square feet and has 12-foot ceilings.
Do you have a lot of […]

Loft Studio at 540 N. Lake Shore Drive No Longer “Super Rare”

When we last chattered about this studio loft at 540 N. Lake Shore Drive in Streeterville in February 2009, it had just come on the market.
The listing said it had sold in only one day in 2005 and that it was “super rare” and “priced to sell.”
Some of you thought it might make a good […]

Under Contract in 1 Day in 2005- What About 2009? 540 N. Lake Shore Drive

A studio just came on the market in the brick and timber loft building at 540 N. Lake Shore Drive in Streeterville.
The listing states that it sold in 1 day back in 2005. It also states that it is “super rare” and “priced to sell.”
The unit is on the top floor, has 12 foot timber ceilings […]

We Love Authentic Lofts: Huge 1-Bedroom at 540 N. Lake Shore Drive

We’ve chattered before about the lofts at 540 N. Lake Shore Drive, one of the few authentic loft buildings in Streeterville and the only loft building right on North Lake Shore Drive.

Given the sales prices of 875 square foot 1-bedrooms in some nearby new construction high rises, is this 1470 square foot 1-bedroom a bargain?
Here’s […]

Update on Lofts in 540 N. Lake Shore Drive in Streeterville

 
Since we were talking about 540 N. Lake Shore Drive so much the other day, I decided to revisit the units I had last chattered about in September 2007. 
At the time, numerous units were on the market including one, Unit #625, where the seller was trying to double his/her money after owning for only about two years.
Well, that unit is […]

540 N. Lake Shore Loft: Price Nearly Doubled in Two Years

 
540 N. Lake Shore Drive is the only loft building that faces the lake in Streeterville, the Gold Coast or the South Loop (that is directly lake facing.)
Built in 1912, it was originally the home of Borg-Warner Company.  In 1983, it was renovated into apartments and in 1992 became a condo conversion.  There is a leased […]