$265,000

beds

bath

half bath

1,200

square ft

3950 N Lake Shore Drive #1320

Chicago, Illinois 60611

New / MLS #12735056 / Condo / Lakeview

Listing information updated 8/17/2026 at 1:43pm

Lakeview Lakefront Condo | 3 Bed | 1.5 Bath | Investor Opportunity! Calling all investors-or future homeowners looking to secure a Lakeview property! This spacious 3-bedroom, 1.5-bath lakefront condo offers an exceptional opportunity in one of Chicago's most desirable neighborhoods. The unit is currently leased through May 31, 2027 at $3,000/month, making it an attractive investment with reliable, current tenants already in place. Recently painted in a light, modern Shoreline Gray and featuring newer Samsung stainless steel appliances, the unit offers hardwood flooring throughout, generously sized bedrooms (newer carpet not depicted!), ample closet space, and a dishwasher. One of the standout benefits is the building's comprehensive assessment package, which includes ALL utilities-even electricity, cable, and internet. Residents enjoy an impressive array of amenities, including a fitness facility, newly renovated rooftop deck with breathtaking lake and city views, card-operated laundry facilities, bike storage, on-site dry cleaners and convenience store, 24-hour door staff, mail room, and on-site management. Cats are welcome. Perfectly positioned at Irving Park Road and Lake Shore Drive, you're just steps from Lake Michigan, the harbor, lakefront bike paths, jogging trails, parks, and everything Lakeview has to offer. With convenient access to public transportation and major expressways, this location makes commuting and enjoying the city effortless. Whether you're looking for a solid investment property or a future Lakeview home, this lakefront condo is a fantastic opportunity. Come see it for yourself! Elevator non-refundable fee weekdays $350-Saturdays $375. $325 refundable deposit. At least 24hr notice to show while occupied. 2.5million in reserves. Come see your next property!

Full Features

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Wall Unit(s)

Heating System:

Steam

Appliances:

Double Oven, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)

Main Level Primary Bedroom:

Yes

Pool:

Age:

61-70 Years

Room Count:

Water Front:

Square Feet:

1,200

Pet Information:

Cats OK

Common Area Amenities:

Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Elevator(s), Workshop Area

Room Information

Living Room:

14x18 - Main

Dining Room:

6x9 - Main

Kitchen:

7x10 - Main

Family Room:

N/A

Primary Bedroom:

10x16 - Main Level

2nd Bedroom:

12x12 - Main

3rd Bedroom:

11x11 - Main

4th Bedroom:

N/A

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$4,096

Tax Year:

2024

Assessments:

$1,054 / 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:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Wall Unit(s)

Heating System:

Steam

Appliances:

Double Oven, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)

Main Level Primary Bedroom:

Yes

Pool:

Age:

61-70 Years

Room Count:

Water Front:

Square Feet:

1,200

Pet Information:

Cats OK

Common Area Amenities:

Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Elevator(s), Workshop Area

Living Room:

14x18 - Main

Dining Room:

6x9 - Main

Kitchen:

7x10 - Main

Family Room:

N/A

Primary Bedroom:

10x16 - Main Level

2nd Bedroom:

12x12 - Main

3rd Bedroom:

11x11 - Main

4th Bedroom:

N/A

Laundry:

N/A Level

Tax Amount:

$4,096

Tax Year:

2024

Assessments:

$1,054 / 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: Berkshire Hathaway HomeServices Chicago

Listing Office Phone: 312.944.8900

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