Drake Tower 179 e. lake shore drive UNIT jenniferames.com Liveandplayinchicago.com
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1 jenniferames.com Liveandplayinchicago.com Drake Tower 179 e. lake shore drive UNIT 1004
2 drake tower turntable Drake Tower Set in the prestigious East Lake Shore Drive historic district, the Benjamin Marshall-designed Drake Tower cooperative was constructed in 1928 and consists of 68 units. Amenities in this service-oriented building include door and elevator staff, onsite management and engineer, an exercise room, an indoor driving range, secure personal storage and chilled wine storage, a business center, direct private access to the Drake Hotel, and dry cleaners that deliver directly to each apartment. Package deliveries are brought to residents back doors. Parking for residents and guests is provided by an onsite valet-park garage accessible from the apartment building and East Walton. Living here, residents have unparalleled access to some of Chicago s finest shopping, entertainment, and dining options. Whether you feel like strolling the grand boulevard of Michigan Avenue, window shopping the boutiques of Oak Street, biking along the lakefront trail, or picnicking on Oak Street Beach, all this and more is mere steps from your front door. Getting around town is also incredibly convenient with instant access to Lake Shore Drive and bus routes to the Loop a half block away on Michigan Avenue. FINANCIAL Building reserves are in excess of $3 million. Financing of 50% of the purchase price is permitted. PETS One pet per unit is allowed with no weight or breed restrictions.
3 lobby lobby private drake hotel entrance
4 Fully renovated Approximately 1,275 square feet 1 bedroom & bath Hardwood floors In-unit laundry Onsite garage parking 179 E. Lake Shore Drive Unit 1004 NEIGHBORHOOD: Streeterville Perfect as a pied-à-terre or an executive apartment, this jumbo one bedroom residence offers approximately 1,275 square feet of elegant, totally renovated living space with bright south and west views. An entry foyer leads into the home where there are hardwood floors throughout the common rooms. The large combination living/dining room features a gas log fireplace with remote control and a dry bar concealed behind a pair of doors with a wine refrigerator, built-in file storage and media hookups. The updated kitchen offers granite countertops and fullheight backsplash as well as a gas range, built-in microwave, dishwasher, large stainless steel refrigerator, and disposal. The fabulous spacious master suite has a ceiling fan, two walk-in closets with custom organization, and a marble bath. Other features of the unit include SpacePak central air conditioning, an in-unit washer and dryer with utility sink, new windows, and new doors with Baldwin hardware. Two vehicles may be parked in the building s onsite valet-park garage at $100/month each. Call the garage on the house phone, and your car will be waiting for you. Additional spaces are available at a premium. FOR SALE: $419, JENNIFERAMES.COM
5 179 e. Lake shore drive Unit 1004 entry foyer JENNIFERAMES.COM
6 Unit e. lake shore drive living room JENNIFERAMES.COM
7 179 e. Lake shore drive Unit 1004 dining room JENNIFERAMES.COM
8 Unit e. lake shore drive dry bar JENNIFERAMES.COM
9 179 e. Lake shore drive Unit 1004 kitchen JENNIFERAMES.COM
10 Unit e. lake shore drive kitchen JENNIFERAMES.COM
11 179 e. Lake shore drive Unit 1004 bedroom walk-in closet (one of two) walk-in closet (two of two) JENNIFERAMES.COM
12 Unit e. lake shore drive bath laundry closet JENNIFERAMES.COM
13 179 e. Lake shore drive Unit 1004 FINANCIAL Cooperative ownership: Shares of stock for # Total building shares 9,598 The 2010 tax deductions for this unit were: Real estate taxes $8,767 Interest on the building's mortgage 529 Total: $9,296 The current monthly assessment is: Maintenance and real estate taxes $2,274 The building has no special assessments and has a reserve fund of over $3,000,000 to cover any future special projects. The current monthly assessment is $2,274 and includes maintenance, real estate taxes, and payments toward the building s mortgage. The maintenance portion includes heat, water, common insurance, cable television, high-speed Internet, professional management, door and elevator staff, business center, exercise room, indoor golf facilities, building maintenance, landscaping, snow removal, and scavenger. There is a 3% transfer fee of the gross sale amount due the Corporation from the seller. JENNIFERAMES.COM
14 Floor plan Unit e. lake shore drive N Walk-in Closet 4' X 8' Master Bedroom 13' X 22' Living Room 17' X 15' W/D Walk-in Closet 6' X 7' Foyer 8' X 7' Dining Room 12' X 14' Entry Hall HVAC Service Entrance Kitchen 14' X 6' JENNIFERAMES.COM
15 179 E. lake shore drive Neighborhood Restaurants 1. 4 Taste Off Rush 100 E. Walton St mi Chalfin's 200 E Chestnut St mi (312) E Lake Shore Dr, Chicago, IL American American (cont.) Asian (cont.) 3. Cheesecake Factory 875 N. Michigan Ave mi Johnny Rockets 901 N Rush St mi (312) Mrs. Park's Tavern 198 E. Delaware Pl mi Signature Room at the 95th 875 N Michigan Ave, # mi (312) The Drake 140 E Walton Pl mi (312) The Signature Lounge at the 96th 875 N Michigan Ave mi (312) Asian 9. Benihana 166 E. Superior St mi Big Bowl 6 E. Cedar St mi Fornetto Mei - A Pan-Italian Res E. Delaware Pl mi Le Passage 1 E Oak St mi (312) RA Sushi 1139 N. State St mi Shanghai Terrace 108 E Superior St mi (312) Wow Bao 835 N Michigan Ave mi (312) Bars & Pubs 16. Backroom 1007 N Rush St mi (312) Cafe Med 1980 E Delaware Pl mi (312) Disotto Enoteca 200 E Chestnut St mi (312) Jilly's Piano Bar 1007 N Rush St mi (312) Le Bar Chicago 20 E Chestnut St mi (312) Pippins Taverns 806 N Rush St mi (312) " ~ 0.15 miles JENNIFERAMES.COM
16 Neighborhood Restaurants 179 e. lake shore drive Bars & Pubs (cont.) Italian (cont.) Seafood (cont.) 22. Signature Room 875 N Michigan Ave mi (312) Whiskey Bar & Grill 1015 N Rush St mi (312) Chinese 24. Fornetto Mei 107 E Delaware Pl mi (312) French 25. Bistro E. Pearson St mi Bistrot Zinc 1131 N State St mi (312) Cafe Des Architectes 20 E Chestnut St mi (312) Café des Architectes 20 E. Chestnut St mi CDA 20 E Chestnut mi Le P'Tit Paris 260 E. Chestnut St mi Nomi 800 N. Michigan Ave mi Ritz-Carlton Dining Room 160 E Pearson St mi (312) Italian East Supperclub 200 E Chestnut St mi (312) Cafe Spiaggia 980 N Michigan Ave mi (312) Frankie's Scaloppine & Pizza 900 N Michigan Ave # mi (312) L'Appetito Imported Italian 875 N Michigan Ave # Ll mi (312) Pane Caldo 72 E. Walton St mi Pelago Ristorante 201 E Delaware Pl mi (312) Spiaggia 980 N Michigan Ave mi (312) Tucci Benucch 900 N Michigan Ave mi (312) Mexican 41. Blue Agave Restaurant 1 W Maple St mi (312) Flaco's Tacos 46 E Chicago Ave mi (312) Qdoba Mexican Grill 20 E Chicago Ave mi (312) Mid-East 44. El Souk Restaurant 808 N State St mi (312) Pizza 45. Chi-Town Pizza 11 W Division St mi (312) Foodlife 835 N. Michigan Ave mi Homemade Pizza Company 1127 N State St mi (312) The Original Gino's East 162 E Superior St mi (312) Seafood 49. Avenues 108 E. Superior St mi Cape Cod Room 140 E. Walton Pl mi C-House 166 E Superior St mi (312) Hugo's Frog Bar & Fish House 1024 N. Rush St mi McCormick & Schmick's Seafood E. Chestnut St mi Spanish & Tapas Tapas Bar 42 E. Superior St mi Steakhouse 55. Benihana 1139 N State St mi (312) Gibsons Steakhouse 1028 N. Rush St mi Gibsons Steakhouse & Bar 1028 N Rush St mi (312) Grill on the Alley - Chicago 909 N. Michigan Ave mi Grotto on State 1030 N. State St mi Mike Ditka's - Chicago 100 E. Chestnut St mi Saloon Steakhouse 200 E. Chestnut St mi JENNIFERAMES.COM
17 Live & Play Neighborhood Neighborhood Amenities The Drake Hotel 140 E. Walton On Site The Drake Tower Apartments have direct private access to the legendary Drake Hotel, where you can enjoy the elegance of teatime at the Palm Court, the fresh seafood and retro-chic vibe of the Cape Cod Room, the speakeasy atmosphere of the Coq d'or, and breakfast at The Drake Brothers restaurant. Real Chicago memories start here. Spiaggia 980 N. Michigan 500 feet Spiaggia has made a name for itself as one of Chicago s premiere dining destinations, preparing fabulous season-specific tasting menus as well as à la carte options. Their lavish dining room boasts rich fabrics, warm woods, and Italian chandeliers plus breathtaking views of Lake Michigan. Red Door Spa 919 N. Michigan 0.1 miles A standout among spas in Chicago, the Red Door Spa located in the historic Palmolive building is the quintessential destination for sophistication and serenity. They offer an all-encompassing menu of luxury services from facial skin care, massage therapy and body treatments, to nail care, makeup artistry and a full-service hair salon. JUST AROUND THE CORNER... The Magnificent Mile 400 feet Chicago s answer to Paris Champs-Elysées, the Magnificent Mile stretches along the grand boulevard of Michigan Avenue from Oak Street in the north to the Chicago River in the south. Luxury boutiques, stately high rises, fine dining establishments, ritzy hotels and bustling crowds have defined the strip as one of Chicago s most fashionable addresses. Broad sidewalks, seasonal gardens, and mature greenery provide an inviting atmosphere in which to enjoy the Mile s many amenities and landmarks. Department stores include Bloomingdale's, Neiman Marcus, Saks Fifth Avenue, Nordstrom, Barneys New York and Macy's while architectural highlights consist of gems such as the John Hancock Center, the Old Chicago Water Tower District, Tribune Tower and the Wrigley Building. The highly successful Water Tower Place shopping mall also offers over 100 stores and restaurants. Seasonal events like spring tulip beds, holiday lights and winter fireworks complete the charm of this iconic strip in the heart of the city. Want more info about Chicagoland neighborhoods and real estate? Log on to LIVEANDPLAYINCHICAGO.COM JENNIFERAMES.COM
18 Attached Single MLS #: List Price:$419,000 Status:NEW List Date: 06/13/2013 Orig List Price:$419,000 Area:8008 List Dt Rec:06/13/2013 Sold Price: SP Incl. No Parking: Address:179 E Lake Shore Dr Unit 1004, Chicago, Illinois Directions:Michigan Avenue to Oak Street/East Lake Shore. East to 179, just East of The Drake Hotel. Sold by: Lst. Mkt. Time:2 Closed: Contract: Points: Off Mkt: Financing: Contingency: Year Built:1928 Blt Before 78:Yes Curr. Leased:No Dimensions:COMMON Ownership:Co-op Subdivision:Drake Tower Model: Corp Limits:Chicago Township:North Chicago County:Cook Coordinates:N:1000 E:179 # Fireplaces:1 Rooms:4 Bathrooms1/0 Parking:Garage (Full/Half): Bedrooms:1 Master Bath:Full # Spaces:Gar:2 Basement: None Bsmnt. Bath:No Parking Incl. No In Price: Waterfront:Yes Appx SF:1275 SF Source:Estimated Total Units:68 Unit Floor Lvl.:10 # Days for # Stories:30 Bd Apprvl: 45 % Own. Occ.:100 % Cmn. Own.: Fees/Approvals: Credit Report, Interview Req Open Date, Letters of Reference Remarks: Elegant, totally renovated jumbo 1 BR in prestigious East LSD cooperative. Perfect as a pied-a-terre or an executive apt, this 1,275 sqft residence offers a spacious LR/DR w/fireplace & hardwood flrs, an updated kitchen, a fabulous large master w/2 walk-in custom closets, a marble bath & in-unit laundry. Central a/c. New windows. Bright south & west views. Service oriented bldg w/onsite gar, exercise & dry cleaners. School Data Elementary:Ogden (299) Junior High:(299) High School:Wells Community Academy Senior (299) Other: Assessments Amount: $2,274 Frequency:Monthly Special Assessments:No Special Service Area:No Master Association:No Tax Amount: $2,274 PIN: (Map) Tax Year:2011 Tax Exmps:None Coop Tax Deduction:9296 Tax Deduction Year:2011 JENNIFERAMES.COM Pet Information Pets Allowed:Cats OK, Dogs OK, Pet Count Limitation Max Pet Weight: Room Name Size Level Flooring Win Trmt Room Name Size Level Flooring Win Trmt Living Room17X28 Main Level Hardwood Master Bedroom13X22 Main Level Carpet Dining RoomCOMBO Main Level Hardwood 2nd Bedroom Not Applicable Kitchen14X06 Main Level Hardwood 3rd Bedroom Not Applicable Family Room Not Applicable 4th Bedroom Not Applicable Laundry Room Foyer09X07 Main Level Hardwood Interior Property Features:Hardwood Floors, Laundry Hook-Up in Unit Exterior Property Features: Age:81-90 Years, Recent Rehab Type:Vintage Exposure:S (South), W (West), City Exterior:Brick Air Cond:Central Air, Space Pac Heating:Hot Water/Steam, Radiant, Radiators Kitchen: Appliances:Oven/Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal Dining:Combined w/ LivRm Bath Amn: Fireplace Details:Gas Logs Fireplace Location:Living Room Electricity:Circuit Breakers Equipment:TV-Cable, Ceiling Fan Additional Rooms:Foyer Garage Ownership:Fee/Leased ($100) Garage On Site:Yes Garage Type:Attached Garage Details: Parking Ownership: Parking On Site: Parking Details: Parking Fee (High/Low): / Driveway:Circular Basement Details:None Foundation: Exst Bas/Fnd: Roof: Disability Access:Yes Disability Details:Wheelchair Accessible Lot Desc:Landscaped Professionally Sewer:Sewer-Public Water:Lake Michigan Const Opts: General Info:None Amenities:Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Security Door Locks, Service Elevator, Business Center Asmt Incl:Heat, Water, Tax, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Scavenger, Snow Removal, Other, Internet Access HERS Index Score: Green Disc: Green Rating Source: Green Feats: Sale Terms:Conventional Possession:Closing, Immediate Est Occp Date: Management:Manager On-site Walk Score : 94 - Walker's Paradise Agent Remarks: The assessment includes real estate taxes, cable TV, building mortgage & heat. Financing up to 50% of the price is permitted. One pet allowed! Internet Listing:All Remarks on Internet?:Yes Addr on Internet?:Yes VOW AVM:No VOW Comments/Reviews:No Lock Box:None Listing Type:Exclusive Right to Sell Holds Earnest Money:Yes Special Comp Info:None Coop Comp:2.5%-$250 (on Net SP) Additional Sales Information: List Agent Must Accompany Showing Inst:To schedule a showing, Expiration Date: scheduling@jenniferames.com Mgmnt. Co:Drake Tower Apartments, Inc Contact Name:Susan Giancarlo Phone:(312) Owner: OWNER OF RECORD Ph #: Agent Owned/Interest: No Broker: Coldwell Banker Residential Ph #: (312) (10115) Team: Jennifer Ames Chicago, Inc. List Agent:Jennifer Ames, CRS (124168) Ph #: (312) jenny@jenniferames.com Co-lister: Ph #: More Agent Contact Info: Owner Can Rent: Copyright 2013 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. MLS #: Prepared By: David Wright Coldwell Banker Residential 06/14/ :40 AM
19 JENNIFER AMES CHICAGO, INC. Coldwell Banker Residential Brokerage 1840 N. Clark Chicago, IL office agent scheduling desk Copyright 2014 Jennifer Ames Chicago, Inc. All Rights Reserved. All material herein, including but not limited to square footages and lot sizes, is intended for informational purposes only and has been compiled from sources deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Owned and Operated by NRT, LLC.
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