65
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$1,950,000
Est. payment /mo
3 Beds
3.5 Baths
3,904 SqFt
Sold on 04/24/2025
50 E Chestnut ST #501 Chicago, IL 60611
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Key Details
Sold Price $1,950,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 3,904 sqft
Price per Sqft $499
MLS Listing ID 11919697
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Fees $4,342/mo
Year Built 2007
Annual Tax Amount $60,560
Tax Year 2023
Property Sub-Type Condo
Property Description
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!
Location
State IL
County Cook
Area Chi - Near North Side
Interior
Heating Natural Gas
Cooling Central Air
Flooring Hardwood
Laundry In Unit
Exterior
Garage Spaces 2.0
Building
Building Description Glass,Concrete, No
Story 38
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Glass,Concrete
New Construction false
Schools
School District 299 , 299, 299
Others
Special Listing Condition List Broker Must Accompany
Pets Allowed Cats OK, Dogs OK
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dawn McKenna • Coldwell Banker Realty
Bought with Carrie McCormick • @properties Christie's International Real Estate
Bought with Carrie McCormick • @properties Christie's International Real Estate