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$2,200,000

Est. payment - /mo

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3 BD

3.5 BA

3,904 SqFt

Active

50 E Chestnut Street #501 Chicago, IL 60611

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Sohail Salahuddin

Sohail Group | eXp Realty, LLC

sohail@sohailrealestate.com +1(312) 818-2978

UPDATED:

01/02/2025 04:41 PM

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 3,904 sqft

Price per Sqft $563

MLS Listing ID 11919697

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Fees $4,342/mo

Year Built 2007

Annual Tax Amount $60,560

Tax Year 2023

Lot Dimensions COMMON

Property Description

Discover incredible value with this property - a major deal offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. The sellers are eager to sell quickly at this aggressive price, now $1.2 million lower than the original asking price. This stunning unit offers luxury living at its finest, just steps from Magnificent Mile, fine dining, grocery stores, retail shops, and the Chicago lakefront. In this boutique building in the heart of the Gold Coast, every floor is home to one resident. Take a private elevator from your heated garage parking, and walk directly into your unit for the ultimate privacy. Step inside to find your stunning 3 bedroom, 3.5 bath home, complete with gorgeous designer finishes throughout. A sleek eat-in kitchen with Wolf and Subzero appliances offers the perfect spot for meals at home, and large windows in your expansive living and dining rooms welcome lots of natural light. This unit also boasts four fireplaces and a fire feature on the terrace, making for cozy nights in every room during our fall and winter seasons! The primary suite offers a large walk-in closet, a spa-like en suite bathroom, and direct terrace access. A spacious home gym easily converts into an additional bedroom or office space. Outside, enjoy the only wraparound private terrace in the building. It offers great space for entertaining and dining, as well as plenty of room for pets to roam and run. The building offers an additional communal terrace, a dog run, a fitness center, and 24 hour door staff, as well as large storage lockers and a bike storage room. Two indoor parking spaces included in asking price. ***Please note 3rd bedroom measurements prior to scheduling a showing. Sellers use this space as a workout studio/office but it can easily be transitioned back into a 3rd bedroom. Includes a spa-like shower in the room.*** If you've been waiting for a unit that has it all in the heart of the city, look no further!

Location

State IL

County Cook

Rooms

Basement None

Interior

Interior Features Elevator, Hardwood Floors, Built-in Features, Walk-In Closet(s)

Heating Natural Gas

Cooling Central Air

Fireplace N

Appliance Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood

Laundry In Unit

Exterior

Parking Features Attached

Garage Spaces 2.0

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

School District 299, 299, 299

Others

Pets Allowed Cats OK, Dogs OK

HOA Fee Include Heat,Air Conditioning,Water,Gas,Security,Doorman,TV/Cable,Exterior Maintenance,Internet

Ownership Condo

Special Listing Condition List Broker Must Accompany

Listed by Bari Mill • Coldwell Banker Realty

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Sohail Salahuddin

Team Leader | Real Estate Sales Professional | License ID: 477.013921

+1(312) 818-2978

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50 E Chestnut Street #501 Chicago, IL 60611

Sohail Salahuddin

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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50 E Chestnut Street #501