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Updated 1 hour ago

Lakefront Loft In A Historical Building With Every...


540 Lake Shore Dr Unit 206 Chicago, IL

2 Bed
1 Bath

1,200 Sq. Ft.

Available Now
Studio • 1 Bath
$1,700
772 ft2
0 Available
Managed By: ShowMojo
*** CORNER COZY STUDIO LOFT / ROOF TOP LAKE VIEWS / FULL AMENITY BUILDING***
$1,700
Rented
View
1 Bed • 1 Bath
$2,000
1100 ft2
0 Available
Managed By: avail
$2,000 - 1 Bedroom 1 Bathroom LOFT Condo on N. Lakeshore Dr in Chicago With Great Amenities
$2,000
Rented
View
1 Bed • 2 Bath
$3,200
1302 ft2
0 Available
Managed By: avail
Beautiful High Ceiling Timber Loft in Hot Streeterville - near lake and Bennett park available for rent starting Aug or Sept
$3,200
Rented
View
2 Beds • 1 Bath
$2,795
1200 ft2
1 Available
Managed By: Durante & Rich Real Estate
-
$2,795
Available Now
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
53
Somewhat Walkable
Transit Score®
98
Rider's Paradise
Bike Score®
88
Very Bikeable
Amenities
On-site Laundry
Fitness Center
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Bike Storage
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $0
Property details
Description

One of the last true timber and brick lakefront lofts! This fantastic loft has a HUGE open floor plan with almost 1,200 SF, two bedrooms with sliding frosted glass doors. 12 ft. tall ceilings with wooden beams! This is a corner unit with two walls of beautiful, exposed brick and the north wall being mostly full of 7 ft. tall windows letting in tons of natural light. You can't beat this location: steps to the Ohio Street Beach, the Lakefront walking and biking trails, Lake Michigan, Olive Park, Lake Shore Park, Bennett Park, Seneca Park, the Children's Museum at Navy Pier, and the Museum of Contemporary Art. A short bus ride to the Museum Campus and Maggie Daley Park. Northwestern Hospital campus and shops on Michigan Ave are right nearby, as well as world class restaurants! Walkscore bestowed a 92 out of 100 score, stating, "This location is a Walker’s Paradise, so daily errands do not require a car." The bus stop immediately outside is a stop for the #2, 29, 65, 66, and 124.
A desirable assigned first-floor parking space is also reserved for you for only $250/month. Please note: this parking fee is mandatory for tenants and will be included in the lease at an additional cost.
Dark hardwood floors throughout. Newly repainted in a harmonious beige and grey color palette. Massive primary bedroom with oversized walk-in closet with full custom California Closet shelving. Second bedroom features organizational shelving in closet. Modern Kitchen & Bath featuring granite, marble countertops, travertine floors, and whirlpool jet bathtub. Brand new refrigerator. Built in bookshelf in entryway with custom Lightology lighting. Unit has central air and heat with Nest thermostat control.
The building features an amazing roof deck and new pergola, with gas grills, summertime furniture, picnic tables and unique views of Navy Pier, the lakefront and skyline. See the Blue Angels breathtakingly close during the Air and Water Show! Door staff is 24/7, with on-site management, on-site storage, huge laundry room, bike room, and newly-renovated workout room.
Rent includes water, garbage, basic cable, basic internet, doorman, security, exercise facility, snow removal. Electric bill is very modest (usually runs about $100. Heat and A/C provided by the building, renter pays to pump it via a heat exchanger. Basic cable and internet can be upgraded from 200 MB per second to 600 MB per second at a modest fee. Includes one storage unit. Additional storage units available for extra monthly fee. Cats are welcome too! No smoking in unit.
Please note that a mandatory assigned parking space rental is required, and costs $250/month.
Applicant MINIMUM Requirements (meeting these requirements does not guarantee a lease):
600+ minimum credit score
Debt to income maximum 45%
Collections on a case-by-case basis
Household monthly income at least 3x monthly rent
$69 per person to apply
*In lieu of a security deposit, an $800 non-refundable move-in fee is due at the time of lease signing
Pet rent $25/month per animal. Weight and number restrictions apply.
Apply at
https://duranterich.com/rental-listings/
In addition to the above fees, the HOA and building require new tenants to pay additional move-in and move-out fees: Two Separate Checks Needed for Move ins
Move-in Fee: $325 ($500 if moving in on a Saturday)
Damage Deposit: $250 (Will be returned after move-in/No damage done)
Make these 2 checks out to : 540 N. Lakeshore Dr Condominium Association

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (779) 704-5755
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lakefront Loft In A Historical Building With Every Convenience by bedroom type below.
2 Bedroom
Suggested income:
$100,600
per year
Rent report

Lakefront Loft In A Historical Building With Every Convenience Rent vs. Chicago Average

 Lakefront Loft In A Historical Building With Every Convenience      Chicago Average
2BR
$2,795
$2,531
$0
$950
$1,900
$2,850
$3,800

Lakefront Loft In A Historical Building With Every Convenience is asking 10% more than the average 2 bedroom apartment in Chicago.

If you upsized to an average priced Chicago 3 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Chicago 1 bedroom apartment, you would pay 24% less per month.

Lakefront Loft In A Historical Building With Every Convenience provides 21% more square footage than the average Chicago 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lakefront Loft In A Historical Building With Every Convenience
2BR $2,795 $2.30 $8,385
Chicago Average
Studio $1,597 $3.40 $4,792
1BR $2,033 $2.90 $6,100
2BR $2,531 $2.60 $7,593
3BR $3,026 $2.30 $9,078
4BR $3,244 $2.10 $9,732

Availability in Chicago

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,275 1BR units on the market in Chicago. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
22% 36% 30% 9% 2%
Available Units in Chicago
Studio 2,632
1BR 4,275
2BR 3,523
3BR 1,108
4BR 288
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Columbia College Library 0.4 mi 7 min 3 min 1 min
(Future) Student Center 0.5 mi 10 min 3 min 1 min
Fitness Center 0.7 mi 13 min 4 min 1 min
Harold Washington Library Center 0.7 mi 14 min 4 min 1 min
Student Center East 1.8 mi 34 min 11 min 3 min
Nearby Hospitals
Name Distance
Northwestern Memorial Hospital 1.48 mi.
Rehabilitation Institute Of Chicago 1.53 mi.
Ann & Robert H Lurie Children's Hospital Of Chicago 1.62 mi.
Nearby Fire Stations
Name Distance
Washington Township Volunteer Fire Department 0.88 mi.
Washington Fire Department 0.88 mi.
East Chicago Fire Department 1.05 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Lakefront Loft In A Historical Building With Every Convenience has a 2 bedroom unit starting at $2,795.
Where is this property located?
This property is at 540 Lake Shore Dr Unit 206 in Chicago, IL. It's 5.6 miles southeast from the center of Chicago.
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