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50 E Chestnut Street Unit: 501, Chicago, IL 60611
50 E Chestnut Street Unit: 501
For Sale

50 E Chestnut Street Unit: 501

50 E Chestnut Street Unit: 501, Chicago, IL 60611

$2,200,000

50 E Chestnut Street Unit: 501, Chicago, IL 60611

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!

Features and Amenities

Interior

  • Total Bedrooms3
  • Total Bathrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Laundry roomIn Unit
  • APPLIANCESDouble Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood
  • other interior FeaturesElevator, Hardwood Floors, Built-in Features, Walk-In Closet(s)

Area & Lot

  • Status For Sale
  • Living Area3,904 Sq.Ft.
  • MLS® ID11919697
  • TypeCondo
  • YEAR BUILT2007
  • School District299

Exterior

  • STORIES38
  • Garage Spaces2.0
  • Water SourceLake Michigan, Public
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$2,200,000
  • Real Estate Tax $60,560/yr
  • HOA Fees $4,342/mo
50 E Chestnut Street Unit: 501
Bari Mill

Bari Mill

Dawn McKenna (Chi)

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Thank you for your interest in 50 E Chestnut Street Unit: 501, Chicago, IL 60611. We are reviewing your request and will be in touch shortly!

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We offer the highest level of integrity, expertise, and service. The Dawn McKenna Group is the #1 leading real estate team in the Midwest, Southwest Florida and Park City for Coldwell Banker. With offices in Chicago’s Gold Coast and Lincoln Park, Hinsdale, Lake Forest and Winnetka, Lake Geneva, New Buffalo, and on 5th Avenue in Naples, and Park City, the Dawn McKenna Group agents are ready to serve you everywhere you call home. Whether buying, selling or renting, you can count on our Local Expertise and Global Reach.

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