$539,000
$6,000 (Rental Price)
EXTRAORDINARY VALUE IN PRESTIGIOUS GOLD COAST CO-OP
3 bed · 2.1 bath · 2520 sqft
Extraordinary value in this prestigious Gold Coast co-op. Wonderful 3-bedroom 2.5 bath floorplan. Updated in a clean and classic style with stunning vintage features still intact. This home is in pristine move-in condition, flooded with light from West, South and North exposures and has treelined views down Burton Street. Step off the elevator into a private vestibule. The unit has a spacious foyer that leads to a gracious formal living room with intact moldings and a gorgeous decorative fireplace. French doors open into a large formal dining room with built-in curio cabinets and leads to a wonderful, updated kitchen. Abundant storage in the butler's pantry with wet bar, a large prep butcher block counter workspace and powder room. The apartment has three bedrooms. Two share a Jack and Jill bath. The primary bedroom is large and bright with built-ins and a walk-in closet. Lovely marble bathroom with a dressing room vanity. The home has a new washer and dryer, newer windows and a Space Pak air system. The co-op has done over $10 Million in extensive recent renovations: new risers, boiler and hot water tank replacement, roof replacement, elevator modernization--both freight and passengers-- facade work, new basement storage rooms (3C comes with a large unit) and lobby updating. Building currently undergoing a major exterior project phased over three years. Owner will pay the initial $63K for this project. The building will determine in January of 2024 financing structure for the costs. Building allows 50% financing and has a historic real estate tax freeze that began in 2019 and will last for eight years. Full service with 24 hour a day doorman, onsite management and is pet friendly. Parking is available for $475/month at 1440 Lake Shore Dr. Exit out back door and go right into the building parking under covered secured walkway. Close to The Latin School, St Chrysostom's, Steps to Lincoln Park, Old Town, Lake, all that is on Mag Mile and Oak Street.
