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$2,200,000

Beds
3
Baths
3.5
sq ft
3,904

50 E Chestnut St Unit 501, Chicago, IL 60611

50 E Chestnut St Unit 501

Chicago, IL 60611

  • 330 days on market
    • Price drop $395,000↓
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!

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$564

Year built

2007

Annual property taxes

$60,560.05

Monthly HOA fee

$4,342

Price History

07/26/2024
MRED

MRED #11919697

Price change
$2,200,000
-15.22%
06/27/2024
MRED

MRED #11919697

Price change
$2,595,000
-3.71%
10/30/2023
MRED

MRED #11919697

Listed
$2,695,000
-15.12%

Schools & Community

Neighborhood: 

Streeterville

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

299

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Status: Active

Tomo last checked: 09/24/2024 at 6:25 PM

Listing updated: 09/09/2024 at 2:49 PM

Listed by: Bari Mill, Coldwell Banker Realty Phone #: (312) 981-5500

MLS: MRED #11919697

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