$1,950,000

beds

baths

half bath

3,904

square ft

50 E Chestnut Street #501

Chicago, Illinois 60611

Closed / MLS #11919697 / Condo / Near North Side

Listing information updated 5/1/2025 at 6:04am

Discover incredible value with this property - a major deal offered well below the initial purchase price, presenting a golden opportunity for savvy investors and homebuyers alike. The sellers are eager to sell quickly at this aggressive price, now $1.2 million lower than the original asking price. This stunning unit offers luxury living at its finest, just steps from Magnificent Mile, fine dining, grocery stores, retail shops, and the Chicago lakefront. In this boutique building in the heart of the Gold Coast, every floor is home to one resident. Take a private elevator from your heated garage parking, and walk directly into your unit for the ultimate privacy. Step inside to find your stunning 3 bedroom, 3.5 bath home, complete with gorgeous designer finishes throughout. A sleek eat-in kitchen with Wolf and Subzero appliances offers the perfect spot for meals at home, and large windows in your expansive living and dining rooms welcome lots of natural light. This unit also boasts four fireplaces and a fire feature on the terrace, making for cozy nights in every room during our fall and winter seasons! The primary suite offers a large walk-in closet, a spa-like en suite bathroom, and direct terrace access. A spacious home gym easily converts into an additional bedroom or office space. Outside, enjoy the only wraparound private terrace in the building. It offers great space for entertaining and dining, as well as plenty of room for pets to roam and run. The building offers an additional communal terrace, a dog run, a fitness center, and 24 hour door staff, as well as large storage lockers and a bike storage room. Two indoor parking spaces included in asking price. ***Please note 3rd bedroom measurements prior to scheduling a showing. Sellers use this space as a workout studio/office but it can easily be transitioned back into a 3rd bedroom. Includes a spa-like shower in the room.*** If you've been waiting for a unit that has it all in the heart of the city, look no further!

Full Features

Exterior Type:

Glass,Concrete

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood

Main Level Primary Bedroom:

Yes

Pool:

Age:

16-20 Years

Parking Type:

Garage - Heated Garage,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

3,904

Pet Information:

Cats OK, Dogs OK

Internal Features:

Elevator, Built-in Features, Walk-In Closet(s)

Room Information

Living Room:

25x17 - Main

Dining Room:

20x16 - Main

Kitchen:

16x18 - Main

Family Room:

18x15 - Main

Primary Bedroom:

17x17 - Main Level

2nd Bedroom:

12x13 - Main

3rd Bedroom:

11x14 - Main

4th Bedroom:

N/A

Foyer:

9x13 - Main Level

Other Room:

13x31 - Main Level

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$60,560

Tax Year:

2023

Assessments:

$4,342 / month

Location

Zip Code:

60611

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Glass,Concrete

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Appliances:

Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Range Hood

Main Level Primary Bedroom:

Yes

Pool:

Age:

16-20 Years

Parking Type:

Garage - Heated Garage,Garage Owned,Attached,Garage

Parking Spaces:

Garage:

Attached

Room Count:

Water Front:

Square Feet:

3,904

Pet Information:

Cats OK, Dogs OK

Internal Features:

Elevator, Built-in Features, Walk-In Closet(s)

Living Room:

25x17 - Main

Dining Room:

20x16 - Main

Kitchen:

16x18 - Main

Family Room:

18x15 - Main

Primary Bedroom:

17x17 - Main Level

2nd Bedroom:

12x13 - Main

3rd Bedroom:

11x14 - Main

4th Bedroom:

N/A

Foyer:

9x13 - Main Level

Other Room:

13x31 - Main Level

Laundry:

N/A Level

Tax Amount:

$60,560

Tax Year:

2023

Assessments:

$4,342 / month

Zip Code:

60611

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Coldwell Banker Realty

Listing Office Phone: 312.981.5500

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/1/2025 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.