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!
Contingent
$2,200,000
50 E Chestnut St APT 501, Chicago, IL 60611
3beds
3,904sqft
Est.:
Condominium, Single Family Residence
Built in 2007
-- sqft lot
$-- Zestimate®
$564/sqft
$4,342/mo HOA
What's special
Four fireplacesGorgeous designer finishesWraparound private terraceDirect terrace accessPrimary suiteLarge windowsSleek eat-in kitchen
- 546 days
- on Zillow |
- 91 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2025 at 07:23am
Listing courtesy of:
Bari Mill 312-981-5500,
Coldwell Banker Realty,
Dawn McKenna 312-256-0028,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 11919697

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Foyer, Other Room
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 289 Square Feet
- Dimensions: 17X17
Bedroom 2
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 3
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11X14
Dining room
- Level: Main
- Area: 320 Square Feet
- Dimensions: 20X16
Family room
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18X15
Foyer
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9X13
Kitchen
- Level: Main
- Area: 288 Square Feet
- Dimensions: 16X18
Living room
- Level: Main
- Area: 425 Square Feet
- Dimensions: 25X17
Other
- Level: Main
- Area: 403 Square Feet
- Dimensions: 13X31
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
- Laundry: In Unit
Features
- Elevator, Built-in Features, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 3,904 sqft
Property
Parking
- Total spaces: 2
- Parking features: Heated Garage, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Details
- Additional parcels included: 17032170181082,17032170181083
- Parcel number: 17032170181001
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Glass, Concrete
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Heat, Air Conditioning, Water, Gas, Security, Doorman, Cable TV, Exterior Maintenance, Internet
- HOA fee: $4,342 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $564/sqft
- Tax assessed value: $2,999,670
- Annual tax amount: $60,560
- Date on market: 10/30/2023
- Ownership: Condo
- Loading