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INVESTOR FRIENDLY* PENTHOUSE* Million-Dollar Views! This Stunning Penthouse at Park Place is yours, and with motivated sellers! Welcome to the top-floor, 55th-floor penthouse with unobstructed, panoramic views of Montrose Harbor, Lake Michigan, and the iconic Chicago skyline! This 1-bedroom, 1-bath condo combines luxury, style, and location in one of Lakeview's most desirable high-rises. Step into a beautifully updated home featuring bamboo flooring in the spacious living and dining area, a modern kitchen with stainless steel appliances, mosaic tile backsplash, granite countertops, and an oversized breakfast bar-perfect for entertaining. The bath features granite finishes and coordinating ceramic tile. The large bedroom offers breathtaking sunrise views over the lake - wake up to beauty every day! Plenty of storage space! Park Place Tower offers resort-style amenities: a fitness center, outdoor pool, sundeck, 24-hour door staff/security, on-site market, dry cleaner, and more. Valet parking and Rental parking available in the building. This is a rare opportunity to own a penthouse with these views and finishes - don't wait!
DAYS ON MARKET | 51 | LAST UPDATED | 9/29/2025 |
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YEAR BUILT | 1973 | COMMUNITY | CHI - Lake View |
COUNTY | Cook | STATUS | Active |
PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
PRICE HISTORY | |
Prior to Aug 31, '25 | $229,900 |
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Aug 31, '25 - Sep 2, '25 | $224,800 |
Sep 2, '25 - Sep 7, '25 | $224,700 |
Sep 7, '25 - Sep 10, '25 | $224,600 |
Sep 10, '25 - Sep 17, '25 | $224,500 |
Sep 17, '25 - Sep 29, '25 | $224,400 |
Sep 29, '25 - Today | $224,000 |
ADDITIONAL DETAILS | |
AIR | Central Air, Zoned |
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AIR CONDITIONING | Yes |
AMENITIES | Insurance, Internet, Security, Snow Removal, Water |
APPLIANCES | Dishwasher, Microwave, Range, Refrigerator |
AREA | CHI - Lake View |
BASEMENT | None |
CONSTRUCTION | Concrete |
EXTERIOR | Barbecue, Outdoor Grill |
HEAT | Forced Air, Natural Gas, Zoned |
HOA DUES | 1139 |
INTERIOR | Elevator |
LOT | 0 |
LOT DIMENSIONS | COMMON |
SEWER | Public Sewer |
STORIES | 55 |
TAXES | 3873 |
UTILITIES | Cable Available |
VIEW | Yes |
VIEW DESCRIPTION | Water |
WATER | Public |
WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.

This IDX solution is (c) Diverse Solutions 2025.