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Fifteen Forty North Lake Shore Drive
Beautifully Renovated Eleven Room Cooperative
Penthouse Residence Sixteen North
Janet Owen is pleased to present this extraordinary home situated in Chicago’s most prestigious residential Gold Coast
neighborhood. This completely renovated penthouse residence is, without a doubt, the most fabulous home in the city with
breathtaking Lake Michigan views from twelve-foot windows in the Living Room and is beautifully designed for today’s lifestyle.
Although world renowned, the Gold Coast is a true “neighborhood” and Fifteen Forty is located just across from the beaches,
bike and walking paths along the lake, just steps from Chicago’s famed Lincoln Park, Chicago History Museum, Peggy Notebaert
Nature Museum and a short stroll to the world class shops and restaurants of famed Magnificent Mile and boutique designer
shopping along Oak Street. There is even a summer Farmer’s Green Market nearby. You are a short distance from Millennium
Park and the iconic museums, theater and cultural institutions of Chicago. Everything is at your service oriented doorstep, offering
luxurious and convenient city living at its absolute finest.
Offering Price: $2,200,000
Monthly Assessment: $3,996.39 Includes heat, water, cooking gas, Comcast Xfinity cable includes one DVR, two HD
boxes and internet (75mbps), valet service from building to parking, two Storage Rooms, building
Fitness Center, Bicycle Room, mail and package delivery to your front door. Monthly assessment
does not include real estate taxes.
Monthly Tax Deduction: $2,390.81
Annual Real Estate Taxes: $28,901.52 (2019) Does not include Homeowner or Senior Exemption
Square Footage: 4,726 square feet
Financing: 40% allowable
Building Transfer Fee: 2.5% of purchase price
Shares of the Corporation: 305 out of 8500 total shares
Parking: Convenient valet parking service to and from front entry to the building is available one door
north at 1550 North Lake Shore Drive and also three doors south at 1440 North Lake Shore Drive.
1540 valet staff services these buildings from 5PM until 11PM Sunday through Thursday and 5PM
until midnight Friday and Saturday. Valet service is included in monthly assessment. Rent is $450
per month, per car at 1550 North Lake Shore and rent is $350 per month, per car at 1440 North
Lake Shore. Rent is not included in the monthly assessment and is billed separately by the
buildings. Guest parking charged to Owner monthly. Car wash available at 1550 North Lake
Shore for $30 weekly or $10 per wash as requested.
Exclusions: Mirror and console in Reception Hall. Seller will have wall repaired and painted when
removed. All televisions in residence.
Inclusions: All major appliances. All major and minor attached lighting fixtures. All window
treatments. Stereo system and components. Mirror and cabinet in Powder Room. Custom
th
Kitchen table and four chairs. Log holder in Living Room fireplace. 16 floor elevator foyer
mirror and chest of drawers.
Pets Welcome: Limit two dogs or cats or combination. No weight restriction.
Amenities: Two service oriented doormen on duty, valet parking service to rental parking next door
for owners and guests, Fitness Center, Bicycle Storage, Receiving Room, full time
engineering staff, two Storage Rooms for #16 North.
* Floor Plan and Neighborhood Information Included in Flyer*
Exclusively Listed by Janet Owen
Direct Line: 312-268-0700 / Email: Jowen@RealtorJanetOwen.com / Visit www.RealtorJanetOwen.com
All information in this flyer is subject to verification.