50 E Chestnut Street #501, Chicago, IL 60611 (MLS # 11919697)

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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!

DAYS ON MARKET 326 LAST UPDATED 7/26/2024
YEAR BUILT 2007 COMMUNITY CHI - Near North Side
GARAGE SPACES 2.0 COUNTY Cook
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op

PRICE HISTORY
Prior to Jun 27, '24 $2,695,000
Jun 27, '24 - Jul 26, '24 $2,595,000
Jul 26, '24 - Today $2,200,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AMENITIES Gas, Internet, Security, Water
APPLIANCES Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
AREA CHI - Near North Side
BASEMENT None
GARAGE Attached Garage, Yes
HEAT Natural Gas
HOA DUES 4342
INTERIOR Built-in Features, Elevator, Entrance Foyer, Walk-In Closet(s)
LOT 0
LOT DIMENSIONS COMMON
PARKING Attached
PRIMARY ON MAIN Yes
SEWER Public Sewer
STORIES 38
TAXES 60560.05
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 50 E CHESTNUT STREET #501
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Listed with Coldwell Banker Realty
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