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Set high above Lake Michigan and Oak Street Beach, this exceptionally rare residence captures sweeping, unobstructed views that stretch from the shoreline to the city skyline-complete with front-row glimpses of Navy Pier fireworks lighting the night sky. Encompassing approximately 2,200 square feet, this is one of only a select few oversized homes within the building, offering a scale and presence seldom available along Lake Shore Drive. Originally designed as a four-bedroom, the home has been thoughtfully reimagined into an expansive primary suite paired with a versatile second bedroom and family room combination. The main living space unfolds with floor-to-ceiling windows, where natural light pours in and frames the ever-changing blues of the lake, creating an airy, effortless sense of openness. The kitchen is perfectly positioned to take in the iconic curve of Lake Shore Drive, offering a dynamic backdrop to everyday living. A gracious entry introduces a well-placed powder room, while custom built-ins and abundant storage are seamlessly integrated throughout. On the west side of the home, equally captivating city views provide a striking contrast to the lakefront panorama. The flexible secondary living space-currently serving as a family room and office-features hidden bifold doors, allowing it to transform into a private ensuite bedroom when desired. An in-unit washer and dryer add convenience, while the boutique nature of the building-just two residences per floor-ensures a sense of privacy and quiet sophistication. Residents of 1240 Lake Shore Drive enjoy a full-service lifestyle with door staff, an onsite engineer, and valet garage parking with car wash service. Above it all, a beautifully designed rooftop deck offers multiple grilling stations, dining areas, lounge seating, and an herb garden, complemented by a fitness room, community space, and additional storage. Perfectly positioned just steps from Michigan Avenue, this residence offers both immediate enjoyment and the opportunity to further personalize a truly special home. The seller will also satisfy the current special assessment for riser replacement in full at closing, offering added peace of mind.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/23/2026 |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | CHI - Near North Side |
| GARAGE SPACES | 1.0 | COUNTY | Cook |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Internet, Security, Snow Removal, Water |
| APPLIANCES | Dishwasher, Freezer, Microwave, Refrigerator |
| AREA | CHI - Near North Side |
| BASEMENT | None |
| CONSTRUCTION | Concrete |
| EXTERIOR | Barbecue, Outdoor Grill |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric, Zoned |
| HOA DUES | 2905 |
| INTERIOR | Built-in Features, Elevator, Entrance Foyer, Storage, Walk-In Closet(s) |
| LOT | 0 |
| LOT DIMENSIONS | COMMON |
| PARKING | Heated Garage, Leased, Attached, Garage |
| SEWER | Public Sewer |
| STORIES | 33 |
| TAXES | 11732 |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
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 2026 MRED. All rights reserved.
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