East Lake Shore Drive Maisonette Returns Completely Renovated: 189 E LSD in the Gold Coast
This 3-bedroom maisonette in The Mayfair at 189 E. Lake Shore Drive in the Gold Coast (or Streeterville, if you like) came on the market in May 2021.
The Mayfair was built in 1924 and has just 28 units along with a garage.
The building has a doorman and an exercise room, along with storage.
If this unit looks familiar, that’s because we chattered about it in 2013, when it first came on the market listed at $5.999 million.
It ultimately didn’t sell until 2019, finally closing at $2 million.
You can see our 2013 chatter about it here.
Additionally, I STILL haven’t managed to get a picture of The Mayfair, so it’s the shorter building in the picture above which is to the east of the Drake.
The maisonette has come back on the market with a “newly completed renovation” where the listing says no expense was spared.
It has custom millwork, built-ins and huge closets.
If you recall, the unit has some unique features such as skylights and a “private relaxation solarium.”
It is duplex down but the only rooms in the lower level are a family/media room with a full bath and a 140 bottle wine cellar.
All three bedrooms are on the main level and all three are en suite.
The primary bedroom bath is “spa-like” and has heated floors.
The kitchen, a Balthaup kitchen with modern gray cabinets, a Le Cornue range, Gaggenau steam over and Subzero refrigerator/freezer, was actually already in the unit in the 2019 sale but the listing says there are new quartz countertops on the island.
The unit has the features buyers look for like central air, washer/dryer in the unit and 2 parking spaces with a third available for $40,000.
Originally listed for $4.5 million in May 2021, which was 125% above the 2019 sale, it has been reduced $250,000 to $4.25 million.
Will the sellers get the premium?
Nancy Tassone at Jameson Sotheby’s has the listing. See the pictures here.
Unit #1W: 3 bedrooms, 4.5 baths, 5000 square feet, duplex down, maisonette
- Sold in November 1996 for $1.1 million
- Sold in February 2007 for $4.495 million
- Listed in January 2013 for $5.999 million
- Sold in May 2019 for $2 million
- Originally listed in May 2021 for $4.5 million
- Reduced
- Currently listed at $4.25 million
- Assessments are now $3456 a month (they were $3842 a month in April 2013) (includes gas, doorman, cable, exercise room, exterior maintenance, scavenger, snow removal))
- Taxes are now $51,204 (they were $38799 in April 2013)
- Central Air
- Washer/Dryer in the unit
- 2 parking spaces included with a third available for $40,000
- Fireplace
- Bedroom #1: 30×13 (main level)
- Bedroom #2: 11×13 (main level)
- Bedroom #3: 11×15 (main level)
- Family room: 26×19 (main level)
- Dining room: 18×20 (main level)
- Living room: 22×27 (main level)
- Kitchen: 17×21 (main level)
- Atrium: 9×14 (main level)
- Gallery: 10×10 (main level)
- Walk-in-Closet: 11×11
- Walk-in-Closet: 14×12
- Pantry: 10×10
- Pantry: 6×6
- Foyer: 9×18
- Media Room: 15×20 (lower level)