Unparalleled lakefront living awaits in this spacious three-bedroom, two-bathroom condo, perfectly positioned near Michigan Avenue with breathtaking views of Lake Michigan. A rare gut-rehab opportunity, this home is ready for a visionary buyer to create their dream space. Featuring a generous layout and abundant natural light, this unit offers endless potential. The open-concept living and dining area is framed by expansive windows showcasing stunning waterfront vistas. Each bedroom has beautiful view of Lake Michigan. Offered as-is, with potential renderings available to inspire your vision. Located in a sought-after high-rise with premium amenities, just steps from Chicago's best dining, shopping, and cultural attractions. This is an incredible investment for those seeking location, views, and customization.
Closed
$360,000
247 E Chestnut St APT 2001, Chicago, IL 60611
3beds
1,650sqft
Condominium, Single Family Residence
Built in 1965
-- sqft lot
$372,800 Zestimate®
$218/sqft
$4,909 Estimated rent
Home value
$372,800
$336,000 - $418,000
$4,909/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 18, 2025 at 01:01am
Listing courtesy of:
Colleen Thacker 312-640-7010,
Baird & Warner
Bought with:
Claudia Strong
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12306644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Bedroom 2
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Bedroom 3
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Kitchen
- Level: Main
- Area: 135 Square Feet
- Dimensions: 9X15
Living room
- Level: Main
- Area: 368 Square Feet
- Dimensions: 23X16
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,650 sqft
Property
Parking
- Parking features: On Site, Leased, Attached, Garage
- Has attached garage: Yes
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 17032280241017
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick, Concrete
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,541 monthly
- Services included: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Cable TV, Exercise Facilities, Exterior Maintenance, Lawn Care, Snow Removal
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Sold | $360,000+2.9%$218/sqft |
Source:  MRED as distributed by MLS GRID #12306644 Report a problem | ||
| 3/23/2025 | Contingent | $350,000$212/sqft |
Source: MRED as distributed by MLS GRID #12306644 Report a problem | ||
| 3/18/2025 | Listed for sale | $350,000$212/sqft |
Source: MRED as distributed by MLS GRID #12306644 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $7,550 +2.9% | $39,098 |
| 2022 | $7,338 +2% | $39,098 |
| 2021 | $7,193 +11.4% | $39,098 +21.9% |
Find assessor info on the county website
Neighborhood: Streeterville
Nearby schools
GreatSchools rating
- 3/10Ogden Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$372,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$372,800
- Illinois
- Cook County
- Chicago
- 60611
- Streeterville
- 247 E Chestnut St Apartment 2001