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Listing provided courtesy of Engel & Voelkers ChicagoMREDas Distributed by MLSGrid- MLS# 12556124MLS Provider

540 N LAKE SHORE Drive #408-409Chicago, IL 60611

Condo/Townhouse · 2 Beds · 2 Full Baths · 1,473 Sq. ft.
$450,000 Active

540 N LAKE SHORE Drive #408-409 Overview

Time on Site:
112 days
Visits:
1

A spacious and airy two-bedroom plus den, two-bath true loft offering refined urban living in the heart of Streeterville. This authentic loft residence features soaring 12-foot ceilings and an open, light-filled layout that defines classic loft living. The chef's kitchen is beautifully appointed with granite countertops, an expansive island, upgraded GE appliances, and rich cherry cabinetry-ideal for elevated entertaining and everyday sophistication. A dedicated dining area enhances the home's flow and functionality. The primary suite offers a spacious walk-in closet, complemented by the convenience of an in-unit washer and dryer. Newer plush carpeting delivers a fresh, move-in-ready finish. Parking available for lease. Enjoy effortless access to the lakefront, premier dining, luxury shopping, and convenient public transportation-placing Chicago's most coveted neighborhoods just outside your door. Don't miss this rare opportunity.

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540 N LAKE SHORE Drive #408-409 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,473
  • Price/Sq.ft. $305

Details

General

Association/HOA

  • Association Fee: $1,015.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1908

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side
  • Township: North Chicago

Tax Information

  • Tax Annual Amount: $6,544.30
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 17102110211051
  • Pets Allowed: Cats OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Fireplace Location: Living Room

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Cooling: Central Air
  • Fireplace Features: Wood Burning Stove
  • Fireplaces Total: 1
  • Foundation Details: Concrete Perimeter
  • Heating: Electric, Forced Air
  • Interior Features: Storage
  • Laundry Features: Washer Hookup,In Unit
  • Living Area: 1473
  • Living Area Source: Estimated
  • Rooms Total: 6
  • Stories Total: 7

Unit Information

  • Unit Number: 408-409

Exterior

Parking Information

  • Parking Features: Assigned, Unassigned, Guest, Yes, Leased
  • Parking Total: 2

Lot Information

  • Additional Parcels: Yes
  • Lot Features: Common Grounds
  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 10X9

Room: Den

  • Level: Main
  • Dimensions: 18X9

Room: Dining Room

  • Level: Main
  • Dimensions: 10X16

Room: Kitchen

  • Level: Main
  • Dimensions: 09X16

Room: Living Room

  • Level: Main
  • Dimensions: 25X22

Room: Master Bedroom

  • Level: Main
  • Dimensions: 14X13

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

540 N LAKE SHORE Drive #408-409 Neighborhood

Community

60611 (Chicago) Demographics

38
Median Age
24,146
Population Density (per sq. mile)
89%
College Educated
$108,413
Estimated Median Income
9,873
Estimated Total Home Owners
11,841
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

540 N LAKE SHORE Drive #408-409 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

540 N LAKE SHORE Drive #408-409 Market Data

Based on the last 30 days in this zip code

$1,087,682
Average List Price
$635
Average Price per Square Foot
107
Properties Sold
90
Average Days on Market
560
Properties for Sale
Calculations provided by Reliance Network

540 N LAKE SHORE Drive #408-409 History

Date Event Value Agent
5/8/2026Source: MRED Status Change
Active
5/3/2026Source: MRED Price Reduction
$450,000 -2.2%
5/3/2026Source: MRED Status Change
Price Change
3/14/2026Source: MRED Status Change
Active
3/9/2026Source: MRED Added to Database
March 09, 2026