Drake Tower 179 e. lake shore Drive | UNiT 1004

Drake Tower
179 e. lake shore drive | UNIT 1004
3 1 2. 4 40.752 5
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Drake Tower
Set in the prestigious East Lake Shore Drive historic district, the Benjamin Marshall-designed Drake Tower cooperative
was constructed in 1928 and consists of 68 units. Amenities in this service-oriented building include door and elevator
staff, onsite management and engineer, an exercise room, an indoor driving range, secure personal storage and chilled
wine storage, a business center, direct private access to the Drake Hotel, and dry cleaners that deliver directly to each
apartment. Package deliveries are brought to residents’ back doors.
Parking for residents and guests is provided by an onsite valet-park garage accessible from the apartment building and
East Walton.
Living here, residents have unparalleled access to some of Chicago’s finest shopping, entertainment, and dining options.
Whether you feel like strolling the grand boulevard of Michigan Avenue, window shopping the boutiques of Oak Street,
biking along the lakefront trail, or picnicking on Oak Street Beach, all this and more is mere steps from your front door.
Getting around town is also incredibly convenient with instant access to Lake Shore Drive and bus routes to the Loop
a half block away on Michigan Avenue.
FINANCIAL
Building reserves are in excess of $3 million.
Financing of 50% of the purchase price is permitted.
PETS
One pet per unit is allowed with no weight or breed restrictions.
lobby
lobby
private drake hotel entrance
179 E. Lake Shore Drive | Unit 1004
NEIGHBORHOOD: Streeterville
Fully renovated
Approximately
1,275 square feet
1 bedroom & bath
Hardwood floors
In-unit laundry
Onsite garage
parking
Perfect as a pied-à-terre or an executive apartment, this jumbo one bedroom residence offers
approximately 1,275 square feet of elegant, totally renovated living space with bright south
and west views.
An entry foyer leads into the home where there are hardwood floors throughout the common
rooms. The large combination living/dining room features a gas log fireplace with remote
control and a dry bar concealed behind a pair of doors with a wine refrigerator, built-in
file storage and media hookups. The updated kitchen offers granite countertops and fullheight backsplash as well as a gas range, built-in microwave, dishwasher, large stainless steel
refrigerator, and disposal. The fabulous spacious master suite has a ceiling fan, two walk-in
closets with custom organization, and a marble bath. Other features of the unit include
SpacePak central air conditioning, an in-unit washer and dryer with utility sink, new windows,
and new doors with Baldwin hardware.
Two vehicles may be parked in the building’s onsite valet-park garage at $100/month each.
Call the garage on the house phone, and your car will be waiting for you. Additional spaces
are available at a premium.
FOR SALE: $419,000
3 1 2 . 4 4 0.752 5 • J E N N I F E R A MES.COM
179 e. Lake shore drive | Unit 1004
entry foyer
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
Unit 1004 | 179 e. lake shore drive
living room
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179 e. Lake shore drive | Unit 1004
dining room
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
Unit 1004 | 179 e. lake shore drive
dry bar
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179 e. Lake shore drive | Unit 1004
kitchen
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
Unit 1004 | 179 e. lake shore drive
kitchen
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179 e. Lake shore drive | Unit 1004
bedroom
walk-in closet (one of two)
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
walk-in closet (two of two)
Unit 1004 | 179 e. lake shore drive
bath
laundry closet
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179 e. Lake shore drive | Unit 1004
FINANCIAL
Cooperative ownership:
Shares of stock for #1004
Total building shares
60
9,598
The 2010 tax deductions for this unit were:
Real estate taxes
Interest on the building's mortgage
$8,767
529
Total:$9,296
The current monthly assessment is:
Maintenance and real estate taxes
$2,274
The building has no special assessments and has a reserve fund of over $3,000,000 to cover any future
special projects.
The current monthly assessment is $2,274 and includes maintenance, real estate taxes, and payments
toward the building’s mortgage. The maintenance portion includes heat, water, common insurance,
cable television, high-speed Internet, professional management, door and elevator staff, business center,
exercise room, indoor golf facilities, building maintenance, landscaping, snow removal, and scavenger.
There is a 3% transfer fee of the gross sale amount due the Corporation from the seller.
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
N
Walk-in
Closet
4' X 8'
Master
Bedroom
13' X 22'
Copyright
2012. www.bestfloorplans.com - Floorplans are approximate and for marketing purposes only
179 EAST LAKE SHORE DRIVE – UNIT 1004
Floor plan | Unit 1004 | 179 e. lake shore drive
Living
Room
17' X 15'
Walk-in
Closet
6' X 7'
Foyer
8' X 7'
W/D
Entry
Hall
Dining
Room
12' X 14'
Kitchen
14' X 6'
HVAC
Service
Entrance
3 1 2 . 4 4 0.752 5 • J ENNI F ERA MES .COM
Jennifer Ames Chicago, Inc.
179 E. lake shore drive | Neighborhood Restaurants
179 E Lake Shore Dr, Chicago, IL 60611
American
American (cont.)
Asian (cont.)
1. 4 Taste Off Rush
8. The Signature Lounge at the 96th
2. Chalfin's
9. Benihana
3. Cheesecake Factory
10. Big Bowl
17. Cafe Med
4. Johnny Rockets
11. Fornetto Mei - A Pan-Italian Res...
18. Disotto Enoteca
5. Mrs. Park's Tavern
12. Le Passage
19. Jilly's Piano Bar
6. Signature Room at the 95th
13. RA Sushi
20. Le Bar Chicago
7. The Drake
14. Shanghai Terrace
21. Pippins Taverns
100 E. Walton St. - 0.14mi
312-280-2400
200 E Chestnut St - 0.16mi
(312) 943-0034
875 N. Michigan Ave. - 0.16mi
312-337-1101
901 N Rush St - 0.23mi
(312) 337-3900
198 E. Delaware Pl. - 0.11mi
312-280-8882
875 N Michigan Ave, #1525 - 0.15mi
(312) 280-5450
140 E Walton Pl - 0.07mi
(312) 787-2200
875 N Michigan Ave - 0.15mi
(312) 787-7230
Asian
166 E. Superior St. - 0.35mi
312-664-9643
6 E. Cedar St. - 0.31mi
312-640-8888
107 E. Delaware Pl. - 0.19mi
312-573-6300
1 E Oak St - 0.28mi
(312) 255-0022
1139 N. State St. - 0.34mi
312-274-0011
108 E Superior St - 0.36mi
(312) 573-6744
15. Wow Bao
835 N Michigan Ave - 0.20mi
(312) 642-5888
Bars & Pubs
16. Backroom
1007 N Rush St - 0.25mi
(312) 751-2433
1980 E Delaware Pl - 0.10mi
(312) 280-8882
200 E Chestnut St - 0.16mi
(312) 482-8727
1007 N Rush St - 0.25mi
(312) 664-1001
20 E Chestnut St - 0.29mi
(312) 324-4000
806 N Rush St - 0.31mi
(312) 787-5435
Copyright (c) 2006-2012, LEAP Real Estate Systems. Map copyright (c) 2006-2012, Microsoft and NAVTEQ, TeleAtlas. All rights reserved.
Information is deemed accurate, but LEAP Real Estate Systems is not liable for any inaccuracies. 21020340
www.peekacity.com | 888.810.7118
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
1" ~ 0.15 miles
Neighborhood Restaurants | 179 e. lake shore drive
Bars & Pubs (cont.)
Italian (cont.)
Seafood (cont.)
22. Signature Room
36. L'Appetito Imported Italian
50. Cape Cod Room
23. Whiskey Bar & Grill
37. Pane Caldo
51. C-House
38. Pelago Ristorante
52. Hugo's Frog Bar & Fish House
39. Spiaggia
53. McCormick & Schmick's Seafood - ...
26. Bistrot Zinc
40. Tucci Benucch
54. 1492 Tapas Bar
27. Cafe Des Architectes
41. Blue Agave Restaurant
55. Benihana
28. Café des Architectes
42. Flaco's Tacos
56. Gibsons Steakhouse
29. CDA
43. Qdoba Mexican Grill
57. Gibsons Steakhouse & Bar
30. Le P'Tit Paris
44. El Souk Restaurant
31. Nomi
45. Chi-Town Pizza
59. Grotto on State
32. Ritz-Carlton Dining Room
46. Foodlife
60. Mike Ditka's - Chicago
33. 200 East Supperclub
47. Homemade Pizza Company
61. Saloon Steakhouse
34. Cafe Spiaggia
48. The Original Gino's East
35. Frankie's Scaloppine & Pizza
49. Avenues
875 N Michigan Ave - 0.15mi
(312) 787-9596
1015 N Rush St - 0.25mi
(312) 475-0300
Chinese
24. Fornetto Mei
107 E Delaware Pl - 0.19mi
(312) 573-6300
25. Bistro 110
French
110 E. Pearson St. - 0.25mi
312-266-3110
1131 N State St - 0.33mi
(312) 337-1131
20 E Chestnut St - 0.29mi
(312) 324-4063
20 E. Chestnut St. - 0.30mi
312-324-4063
20 E Chestnut - 0.30mi
3123 24 4063
260 E. Chestnut St. - 0.22mi
312-787-8260
875 N Michigan Ave # Ll - 0.15mi
(312) 337-0691
72 E. Walton St. - 0.15mi
312-649-0055
201 E Delaware Pl - 0.12mi
(312) 280-0700
980 N Michigan Ave - 0.09mi
(312) 280-2750
900 N Michigan Ave - 0.13mi
(312) 266-2500
Mexican
1 W Maple St - 0.31mi
(312) 335-8900
46 E Chicago Ave - 0.33mi
(312) 266-8226
20 E Chicago Ave - 0.36mi
(312) 915-0953
Mid-East
808 N State St - 0.39mi
(312) 751-8600
Pizza
800 N. Michigan Ave. - 0.29mi
312-239-4030
160 E Pearson St - 0.21mi
(312) 266-1000
Italian
200 E Chestnut St - 0.17mi
(312) 266-4500
980 N Michigan Ave - 0.08mi
(312) 280-2750
900 N Michigan Ave # 5 - 0.12mi
(312) 266-2500
11 W Division St - 0.40mi
(312) 255-0999
835 N. Michigan Ave. - 0.20mi
312-335-3663
1127 N State St - 0.33mi
(312) 266-3000
140 E. Walton Pl. - 0.07mi
312-787-2200
166 E Superior St - 0.34mi
(312) 523-0923
1024 N. Rush St. - 0.28mi
312-640-0999
41 E. Chestnut St. - 0.27mi
312-397-9500
Spanish & Tapas
42 E. Superior St. - 0.39mi
Steakhouse
1139 N State St - 0.34mi
(312) 867-7772
1028 N. Rush St. - 0.28mi
312-266-8999
1028 N Rush St - 0.28mi
(312) 266-8999
58. Grill on the Alley - Chicago
909 N. Michigan Ave. - 0.11mi
312-255-9009
1030 N. State St. - 0.30mi
312-280-1005
100 E. Chestnut St. - 0.21mi
312-587-8989
200 E. Chestnut St. - 0.16mi
312-280-5454
162 E Superior St - 0.33mi
(312) 266-3337
Seafood
108 E. Superior St. - 0.36mi
312-573-6754
Copyright (c) 2006-2012, LEAP Real Estate Systems. Map copyright (c) 2006-2012, Microsoft and NAVTEQ, TeleAtlas. All rights reserved.
Information is deemed accurate, but LEAP Real Estate Systems is not liable for any inaccuracies. 21020340
www.peekacity.com | 888.810.7118
3 1 2 . 4 4 0.752 5 • J E N N I F E R A MES.COM
Live & Play | Neighborhood
Neighborhood
Amenities
The Drake Hotel
140 E. Walton
On Site
The Drake Tower Apartments
have direct private access to the
legendary Drake Hotel, where you
can enjoy the elegance of teatime
at the Palm Court, the fresh
seafood and retro-chic vibe of the
Cape Cod Room, the speakeasy
atmosphere of the Coq d'Or, and
breakfast at The Drake Brothers
restaurant. Real Chicago memories
start here.
Spiaggia
980 N. Michigan
500 feet
Spiaggia has made a name for
itself as one of Chicago’s premiere
dining destinations, preparing
fabulous season-specific tasting
menus as well as à la carte
options. Their lavish dining
room boasts rich fabrics, warm
woods, and Italian chandeliers –
plus breathtaking views of
Lake Michigan.
JUST AROUND THE CORNER...
The Magnificent Mile
Red Door Spa
400 feet
919 N. Michigan
0.1 miles
Chicago’s answer to Paris’ Champs-Elysées, the Magnificent Mile
stretches along the grand boulevard of Michigan Avenue from
Oak Street in the north to the Chicago River in the south. Luxury
boutiques, stately high rises, fine dining establishments, ritzy hotels
and bustling crowds have defined the strip as one of Chicago’s most
fashionable addresses.
A standout among spas in
Chicago, the Red Door Spa located
in the historic Palmolive building
is the quintessential destination
for sophistication and serenity.
They offer an all-encompassing
menu of luxury services from
facial skin care, massage therapy
and body treatments, to nail care,
makeup artistry and a full-service
hair salon.
Broad sidewalks, seasonal gardens, and mature greenery provide an
inviting atmosphere in which to enjoy the Mile’s many amenities
and landmarks. Department stores include Bloomingdale's, Neiman
Marcus, Saks Fifth Avenue, Nordstrom, Barneys New York and Macy's
while architectural highlights consist of gems such as the John
Hancock Center, the Old Chicago Water Tower District, Tribune Tower
and the Wrigley Building. The highly successful Water Tower Place
shopping mall also offers over 100 stores and restaurants. Seasonal
events like spring tulip beds, holiday lights and winter fireworks
complete the charm of this iconic strip in the heart of the city.
Want more info about Chicagoland neighborhoods and real estate?
Lo g o n to LIVEANDPLAYINCH ICAG O.CO M
J E NN I FE RA M E S.CO M • 3 1 2 .4 4 0.752 5
Attached Single
Status: NEW
Area:8008
MLS #:08368103
List Date: 06/13/2013
List Dt Rec:06/13/2013
List Price:$419,000
Orig List Price:$419,000
Sold Price:
SP Incl. No
Parking:
Address:179 E Lake Shore Dr Unit 1004, Chicago, Illinois 60611
Directions: Michigan Avenue to Oak Street/East Lake Shore. East to 179, just East of The Drake Hotel.
Sold by:
Lst. Mkt. Time:2
Closed:
Contract:
Points:
Off Mkt:
Financing:
Contingency:
Year Built:1928
Blt Before 78: Yes
Curr. Leased:No
Dimensions:COMMON
Ownership:Co-op
Subdivision:Drake Tower
Model:
Corp Limits:Chicago
Township:North Chicago
County: Cook
Coordinates:N:1000 E:179
# Fireplaces:1
Rooms: 4
Bathrooms 1/0
Parking: Garage
(Full/Half):
Bedrooms:1
Master Bath:Full
# Spaces:Gar:2
Basement: None
Bsmnt. Bath:No
Parking Incl. No
In Price:
Waterfront:Yes
Appx SF:1275
SF Source:Estimated
Total Units:68
Unit Floor Lvl.:10
# Days for
Bd Apprvl: 45
# Stories:30
% Own. Occ.:100
% Cmn. Own.:
Fees/Approvals: Credit Report,
Interview Req Open
Date, Letters of
Reference
Remarks: Elegant, totally renovated jumbo 1 BR in prestigious East LSD cooperative. Perfect as a pied-a-terre or an executive apt, this
1,275 sqft residence offers a spacious LR/DR w/fireplace & hardwood flrs, an updated kitchen, a fabulous large master w/2 walk-in
custom closets, a marble bath & in-unit laundry. Central a/c. New windows. Bright south & west views. Service oriented bldg w/onsite
gar, exercise & dry cleaners.
School Data
Pet Information
Assessments
Tax
Elementary:Ogden (299)
Amount: $2,274
Amount: $2,274
Pets Allowed:Cats OK,
Dogs OK,
Junior High: (299)
Frequency:Monthly
PIN:17032980020000
Pet Count
(Map)
High School:Wells Community Academy Senior (299)
Limitation
Tax Year: 2011
Special Assessments: No
Other:
Max Pet Weight:
Tax Exmps: None
Special Service Area:No
Coop Tax Deduction: 9296
Master Association: No
Tax Deduction Year:2011
Room Name Size
Level
Flooring
Win Trmt
Room Name Size
Level
Flooring
Win Trmt
Living Room 17X28 Main Level
Hardwood
Master Bedroom13X22 Main Level
Carpet
Dining RoomCOMBO Main Level
Hardwood
2nd Bedroom
Not Applicable
Kitchen 14X06 Main Level
Hardwood
3rd Bedroom
Not Applicable
Family Room
Not Applicable
4th Bedroom
Not Applicable
Laundry Room
Foyer09X07 Main Level
Hardwood
Interior Property Features:Hardwood Floors, Laundry Hook-Up in Unit
Exterior Property Features:
Age:81-90 Years, Recent Rehab
Garage Ownership:Fee/Leased ($100)
Type:Vintage
Garage On Site:Yes
Exposure:S (South), W (West), City
Garage Type:Attached
Exterior:Brick
Garage Details:
Air Cond:Central Air, Space Pac
Parking Ownership:
Heating:Hot Water/Steam, Radiant,
Parking On Site:
Radiators
Parking Details:
Kitchen:
Parking Fee (High/Low): /
Appliances:Oven/Range, Microwave,
Driveway:Circular
Dishwasher, Refrigerator, Refrigerator-Bar,
Basement Details:None
Washer, Dryer, Disposal
Foundation:
Dining:Combined w/ LivRm
Exst Bas/Fnd:
Bath Amn:
Roof:
Fireplace Details:Gas Logs
Disability Access:Yes
Fireplace Location:Living Room
Disability Details:Wheelchair Accessible
Electricity:Circuit Breakers
Lot Desc:Landscaped Professionally
Equipment:TV-Cable, Ceiling Fan
Additional Rooms:Foyer
Sewer:Sewer-Public
Water:Lake Michigan
Const Opts:
General Info:None
Amenities:Bike Room/Bike Trails, Door
Person, Elevator, Exercise Room, Storage,
On Site Manager/Engineer, Security Door
Locks, Service Elevator, Business Center
Asmt Incl:Heat, Water, Tax, Common
Insurance, Doorman, TV/Cable, Exercise
Facilities, Scavenger, Snow Removal, Other,
Internet Access
HERS Index Score:
Green Disc:
Green Rating Source:
Green Feats:
Sale Terms:Conventional
Possession:Closing, Immediate
Est Occp Date:
Management:Manager On-site
Walk Score®: 94 - Walker's Paradise
Agent Remarks: The assessment includes real estate taxes, cable TV, building mortgage & heat. Financing up to 50% of the price is
permitted. One pet allowed!
Internet Listing: All
Remarks on Internet?:Yes
Addr on Internet?:Yes
VOW AVM:No
VOW Comments/Reviews: No
Lock Box:None
Listing Type:Exclusive Right to Sell
Holds Earnest Money: Yes
Special Comp Info:None
Coop Comp: 2.5%-$250 (on Net SP)
Additional Sales Information: List Agent Must Accompany
Showing Inst:To schedule a showing, email
Expiration Date:
[email protected]
Mgmnt. Co: Drake Tower Apartments, Inc
Contact Name:Susan Giancarlo
Phone:(312) 994-4041
Owner: OWNER OF RECORD
Ph #:
Agent Owned/Interest: No
Broker: Coldwell Banker Residential
Ph #: (312) 266-7000
Team: Jennifer Ames Chicago, Inc.
(10115)
List Agent:Jennifer Ames, CRS (124168)
Ph #: (312) 440-7525
Email:[email protected]
Co-lister:
Ph #:
More Agent Contact Info:
Owner Can Rent:
Copyright 2013 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not
guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
MLS #: 08368103
Prepared By: David Wright | Coldwell Banker Residential | 06/14/2013 09:40 AM
J E N N I F E R A M E S .CO M • 3 1 2 . 4 4 0.752 5
JENNIFER AMES CHICAGO, INC.
Coldwell Banker Residential Brokerage
1840 N. Clark
Chicago, IL 60614
312.440.7525 office
312.440.7554 agent scheduling desk
[email protected]
www.jenniferames.com
© Copyright 2014 Jennifer Ames Chicago, Inc. All Rights Reserved.
All material herein, including but not limited to square footages and lot sizes, is intended for
informational purposes only and has been compiled from sources deemed reliable but not guaranteed
and should be personally verified through personal inspection by and/or with the appropriate professionals.
Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice.
© 2014 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC.
An Equal Opportunity Company. Equal Housing Opportunity.
Owned and Operated by NRT, LLC.