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50 E Chestnut Street , #501

Chicago, IL 60611
  • $2,200,000
  • STATUS: Active
  • ON SITE: 444 Days
  • MLS #: 11919697
UPDATED: 49 min ago
$2,200,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 3,904
    SQFT
  • $564
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2007
County:
Area:

School Ratings & Info

School District:
299

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!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2025-01-17T22:59:14.923 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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50 E Chestnut Street , #501 Chicago, IL 60611

  • Price: $2,200,000
  • Status: Active
  • On Site: 444 Days
  • Updated: 49 min ago
  • MLS #: 11919697
3
Beds
3
Baths
1
½ Baths
N/A
Acres
3,904
SQFT
$564
$/SQFT
2007
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
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!
Exterior Features

Exterior Building Type GlassConcrete Garage Details Heated Garage Onsite Yes Garage Ownersite Owned Garage Type Attached Is Parking Included In Price Yes Parking Details Garage Parking Total 2 Stories Total 38 Unit Floor Level 5 Waterfront YN No

Interior Features

Appliances Double OvenRangeMicrowaveDishwasherRefrigeratorHigh End RefrigeratorWasherDryerDisposalRange Hood Approximate Finished Sq Ft 0 Basement None Basement Details None Bathroom Double Sink Bedrooms Below Grade 0 Bedrooms Total 3 Cooling Central Air Heating Natural Gas Interior Features ElevatorHardwood FloorsBuilt-in FeaturesWalk-In Closet(s) Laundry Features In Unit Room Type FoyerOther Room Rooms Foyer (Main) Other Room (Main) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) (N/A) Bedroom 2 (Main) Bedroom 3 (Main) Bedroom 4 (N/A) Dining Room (Main) Family Room (Main) Kitchen (Main) Laundry (N/A) Living Room (Main) Master Bedroom (Main) Rooms Total 7 Total Sq Ft 0 Unfinished Sqft 0

Property Features

Additional Parcels YN Yes Age 16-20 Years Association Fee 4342 Association Fee Frequency Monthly Association Fee Includes HeatAir ConditioningWaterGasSecurityDoormanTV/CableExterior MaintenanceInternet Built Before1978 YN No Can Owner Rent Unit YN Yes Corporate Limits Chicago Disability Access And Or Equipped No General Information None Master Association Fee Frequency Not Required Master Association Fee YN No Max Pet Weight 75 Mls Actual Status Active New Construction YN No Ownership Condo Pets Allowed Cats OKDogs OK Pets Allowed YN Yes Rebuilt YN No Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 60560.05 Tax Year 2023 Total Numberof Unitsin Building 34 Township North Chicago Type Attached Single Type Attached Condo Water Source Lake MichiganPublic

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-981-5500.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2025-01-17T22:59:14.923 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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