Let's dive into the fascinating transformation of 850 N Lake Shore Drive in Chicago. This iconic building, steeped in history and architectural grandeur, has recently undergone a major conversion, shifting from upscale rentals to luxurious condominiums. Here’s why this conversion is a game-changer for Chicago’s real estate landscape.
A Storied Past
850 N Lake Shore Drive is not just another address; it’s a landmark with a rich history. Originally built in 1927 as the Lake Shore Athletic Club, this building has been a significant part of Chicago’s architectural heritage. Its Beaux-Arts design, characterized by elegant stone facades and classic detailing, makes it a standout on the city’s skyline​.
Modern Luxury Meets Historic Charm
The result of this extensive transformation is a collection of approximately 200 luxury condos that offer the best of both worlds. These units feature high ceilings, large windows, and high-end finishes that complement the building’s historic charm. Residents can enjoy state-of-the-art amenities such as a fitness center, rooftop terrace, resident lounge, and 24-hour concierge services​.
Prime Location
Located in the heart of Streeterville, 850 N Lake Shore Drive offers unparalleled access to Chicago’s finest attractions. From the stunning lakefront to the vibrant cultural scene, residents are steps away from the best that Chicago has to offer. This prime location, combined with the building’s luxurious offerings, makes it an irresistible choice for discerning buyers​.
The Investment Perspective
For those considering an investment, the conversion of 850 N Lake Shore Drive represents a significant opportunity. The Streeterville neighborhood is known for its robust real estate market, and owning a piece of this historic landmark is not just a lifestyle choice but a smart financial decision​
Cost
1 Bedrooms: $400,000-$610,000
2 Bedrooms: $672,000-$1,025,000
3 Bedrooms: $1,200,000+
Feel free to reach out if you have any questions. I know the building like the back of my hand. My parents held an apartment for a few years and I tended to crash there from time to time.
