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1440 North Lake Shore Drive, Unit 16EChicago, IL 60610Price: $389,000

  • Price: $389,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $389,000List Price
  • 2Bedrooms
  • 2Bathrooms
  • 1965Year Built
  • 1,450Square Feet

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Secure immediate cash flow and a premier Gold Coast address with 1440 N Lake Shore Drive, #16E. This rarely available, investor-friendly 2-bedroom, 2-bath residence offers spectacular views of Lake Michigan, Oak Street Beach, and the Chicago skyline. With both east- and west-facing exposures, the home is filled with natural light throughout the day-from beautiful lakefront sunrises to glowing city sunsets and front-row views of the Navy Pier fireworks. The spacious, open-concept living and dining area is ideal for both everyday living and entertaining. A well-designed floor plan features a generous primary suite with an en-suite bath, a versatile second bedroom perfect for guests or a home office, abundant closet space, and the exceptional convenience of a dedicated full laundry room. Located in a full-service Gold Coast high-rise, residents enjoy 24-hour door staff, a beautifully renovated rooftop deck and party room with panoramic lake and city views, a fitness center, and valet garage parking. Monthly assessments offer added convenience and predictability, covering cable, Wi-Fi, and nearly all utilities except electricity. Offered as-is, this pet-friendly residence presents an excellent opportunity for both investors and future owner-occupants. The unit is currently tenant-occupied through July 31, 2027, at $3,800 per month, providing immediate rental income from day one. Just steps from the lakefront trail, Oak Street Beach, top schools, dining, shopping, and everything the Gold Coast has to offer, #16E combines strong investment potential, flexibility, and an unbeatable location in one of Chicago's most desirable neighborhoods.

Property Details of 1440 North Lake Shore Drive, Unit 16E

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Listed by Christina Lotzer of @properties

Based on information submitted to MRED  as of August 29, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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