Accepting Backups
3550 Lake Shore Drive
Chicago, IL 60657
$229,000
1bed
1bath
834sqft
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About this home
Ready to stop paying your landlord's mortgage and invest in the future? Come live your best life in vibrant Lakeview, just a short distance from the lake, dining, and endless neighborhood amenities! This spacious 1 bed 1 bath offers incredible potential for both first-time buyers and investors, featuring an oversized layout with two walk-in closets, abundant storage, partial lake views, separate area to put a dining room table, or create a den/office nook in that area, vinyl flooring in the main living areas, and well-maintained carpet in the bedroom. Kitchen has a suite of appliances (including a dishwasher!) making it a perfect canvas for your renovation ideas. Cabinetry has been updated and installed for maximum storage potential. Newly installed motion censored lighting in the closets won't have you worrying if you turned off the lights in your home. Don't be fooled by the lower floor, there is abundant sunshine pouring through the windows during the day. With strong future rental upside after the 18-month owner-occupancy requirement, this is a rare opportunity to create value in one of Chicago's most desirable neighborhoods. Building amenities include 24-hour security staff, rooftop deck, gym, laundry facilities, and an attached convenience store for those cold Chicago days. Valet parking available through the building, in-unit laundry is not allowed per the HOA.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential
Year built1962
Garage spaces1
Fireplaces0
Lot size—
Annual tax$4,014.32
CountyCook
MLS #MRD12611624
Days on market1
Schools
ElementaryNettelhorst Elementary School
Middle / JuniorNettelhorst Elementary School
High schoolLake View High School
Features
Heating
ElectricBaseboard
Cooling
Wall Unit(s)
Appliances
DishwasherRefrigeratorStainless Steel Appliance(s)OvenElectric Cooktop
Parking
Shared DrivewayGarage Door OpenerHeated GarageYesLeasedAttachedGarage
Construction
BrickConcrete
Lot features
Common GroundsLandscaped
Sewer
Public Sewer
Listed by
Corcoran Urban Real Estate
Stefanie Krause · 847-445-8060
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/20/2026, 5:13:11 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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