Discover the world of Chicago's pre-war condominiums and co-ops. Designed by the most prominent architects of that time, the attention to detail is evident from the moment you enter the lobby. Inspired by European castles and chateaux, these luxury condos and co-ops feature rich wood paneling, imported stone floors, hand painted beams, and leaded windows..The apartments have house-like layouts with high ceilings, hardwood floors, fireplaces, and many with maid's room that serve as a perfect home office. If you are looking for a good value and a spacious home you won't quickly out-grow, take a look at vintage condos and pre-war co-ops.
The Best Of The Best! Enjoy 5,000+ Sqft Of Elegant, Renovated Living Space On Two Levels In One Of The Gold Coast's Most Exclusive, Service-oriented Coops. The Vision Of Ny Architects Ferguson And Shamamian And Designer Libby Cameron (recognized A...
219 East Lake Shore Drive #7cd, CHICAGO, IL - $3,499,000
Exquisite Fully Renovated & Redesigned 4,745 Sq Ft 3 Bedroom Condo With Expansive Lake, Beach, And City Views On Prestigious East Lakeshore Drive. Direct Elevator Entry Into Limestone Foyer & Gallery Opening To Stunning Living Room With Fireplace...
1500 North Lake Shore Drive #11-12b, CHICAGO, IL - $3,200,000
Sophisticated Elegance In The Gold Coast!! Spacious Duplex Apartment In Prestigious Building Designed By Rosario Candela And Built By Mcnally & Quinn In 1927. Refined Traditional Decor With 21 Windows With Fabulous Lake Exposure. 5 En-suites; 5....
1430 North Lake Shore Drive #14, Chicago, IL - $3,100,000
"a Prominent Gold Coast Treasure" Best Describes The Stunning Renovation Of This Elegant Lake Shore Drive Residence. This Full Floor Unit With A Private Entrance Lives Like A Single Family Home In The Sky. The 45 X 12 Foot West-facing Ter Is Per...
2430 North Lakeview Avenue #11-12n, Chicago, IL - $2,900,000
Sensational, Total Renovation Of An Expansive Home At A Prestigious East Lake Shore Drive Address. Brand New Interior, Just Completed By Hewitt Horn & Lichten Craig, Offers Gracious Room Sizes & Modern Amenities, While Maintaining The Integrity Of...
1500 North Lake Shore Drive #6c, CHICAGO, IL - $2,795,000
Completely Renovated & Highly Desirable "c" Tier In Gold Coast's Premier Co-op! Designed By Tom Stringer Design Partners & Featured In Luxe Interior Design, This Stunning Home Offers Exposures In Every Direction, Giving Breath-taking Lake, Park & ...
999 North Lake Shore Drive #2a, Chicago, IL - $2,685,000
Breathtaking Lake Michigan And City Views From Completely Renovated Sophisticated And Stylish Residence In A Prime Tier Of This Iconic, Elegant Benjamin Marshall Building. Every Detail Is Perfect, This Residence Combines Tasteful Refined Elegance ...
1500 North Astor Street #7, CHICAGO, IL - $2,595,000
Exquisite Full Floor Residence Of Landmark Patterson - Mccormick Mansion. Flooded With Light Boasting 10 Foot Plus Ceilings. Gracious Rooms With Soaring Windows, Pristine Inlaid Hardwood Floors And Rich Moldings Throughout. Four Working Fireplace...
33 East Bellevue Place #ph-w7, CHICAGO, IL - $2,550,000
Fabulous Duplex Penthouse In Coveted Gold Coast Location, Featuring 800+ Ft Of Outdoor Space On Both Levels (front Terrace And Rear Deck), 3 Brs Plus Family Room, Gourmet Eat-in Kitchen With Butler's Pantry, Large Master Suite With Two Walk-in Clo...
1340 North State Parkway #4s, CHICAGO, IL - $2,495,000
Interior Modern Aesthetic Of Apartment 4s Contrasts With The Beaux Art Exterior Of This Iconic French Mansion Located In The Heart Of The Gold Coast, Often Referred To As The Playboy Mansion. Open Floor Plan With High Ceilings And Large Windows Ge...
189 East Lake Shore Drive #2e, CHICAGO, IL - $2,380,000
Fabulous East Lake Shore Drive 3 Bedroom, 3 Full & 1 Half Bathroom Unit At The Mayfair With An Incredible Extra Large 622 Sq Ft Private Terrace! Enter Into A Grand Foyer That Leads To A Custom Open Kitchen W/two Islands, Top Of The Line Finishes &...
In Chicago, co-ops were the first form of apartment ownership, built between 1911-1929. The first “high rises” along the lakefront, .When you purchase a co-op you are purchasing shares of stock in a legal entity, usually an Illinois corporation, that owns the real estate. Along with the shares, you receive a Proprietary Lease that entitles you to occupy a certain unit. Instead of a deed, you own shares in the whole building.
Shareholders in a cooperative also pay real estate taxes, but they do not receive individual tax bills. A single tax bill is issued to the corporation and shareholders’ proportional share of the total bill, based on the number of shares they own, is included in their monthly assessment, which explains why co-op assessments appear higher than condos.
How is a co-op different from a condo?real estate, Chicago, co-ops
A co-op is different from a condominium only in its legal and financial form— the essential idea of ownership is the same. But instead of being simply “an apartment you own,” you are purchasing shares of stock in a legal entity, usually an Illinois corporation, that owns the real estate. Along with the shares, you receive a Proprietary Lease that entitles you to occupy a certain unit. Instead of a deed, you own shares in the corporation.
The purchase options differ among co-ops, with a few cooperatives not permitting financing and others restricting borrowed amounts to 50% of appraised or purchase price. Further, banks don’t offer traditional mortgages on co-ops, but do have similar loan offerings that provide the same benefits.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Listing information last updated on June 18th, 2019 at 10:35pm CDT.