Do You Have the Vision to Transform This Brick and Timber Loft? 540 N. Lake Shore Drive in Streeterville
This 1-bedroom loft at 540 N. Lake Shore Drive in Streeterville just came on the market.
It’s a large, 1280 square foot 1-bedroom with 12 foot timber ceilings and multiple walls of exposed brick.
In fact, all 4 living room walls are brick, with one painted white.
There are two windows in the living room and hardwood floors in part along with porcelain tiles in part.
The bedroom also has a window along with a built-in bed, storage and a glass block wall.
The kitchen has those white cabinets with the natural wood trim (original to the 1980s or 1990s, I think) and a mix of white and black appliances.
There are 2 full baths, including a huge master bath with a soaking tub.
The unit has central air but no in-unit washer/dryer, although the building does allow it so one can be installed.
Parking is rental in the building for $205 a month.
This is the only authentic loft condo building in Streeterville.
This loft is a blank slate kind of property, awaiting your touch.
Do you have the vision to restore it to its loft glory?
Matt Laricy at Americorp has the listing. See the pictures here.
Unit #210: 1 bedroom, 2 baths, 1280 square feet
- Sold in January 1995 for $145,000
- Sold in March 2006 for $253,000
- Currently listed for $319,724
- Assessments of $757 a month (includes heat, a/c, doorman, cable)
- Taxes of $4341
- Central Air
- No in-unit washer/dryer but can be installed
- No deeded parking but rental parking for $205 a month in the building
- Bedroom: 16×20
- Living room: 20×19
This property reminds me of the old adage – you can’t polish a turd. Though the tub/zebra print screams Jan Terri
Assessments/parking/taxes are a joke. The view is absolutely terrible and would take north of $60k
LOVE THIS PLACE. SOLD!!!
$1000 for assessments and parking??? Do people actually pay this much for properties like this? You can’t be serious.
I wonder what the heating bill for this would be…
It seems like a good price for the location. It’s amazingly boring for a loft, but for someone who wants to be in Streeterville without spending too much money, this place might work.
Heating bill wouldn’t be much its a pretty small place and its only bad in December-March
my heating (gas) bills on a place twice the size of this were between 90-130 bucks this winter
thermostat always at 72 even
The kitchen is as old as sin and what is the sunken living room all about? Why is that necessary. Not a fan of Streeterville.
Mirror mirror(s) on the wall…..
This is one ugly l
I’d suggest it’s closer to 100k to turn this around. Among the other obvious changes in kitchen and baths those steps in the bedroom and sunken living room floor has to go.
And the mirror salesperson that called on this previous owner must have been really attractive.