Listing provided courtesy of Mita ShewakramaniMREDas Distributed by MLSGrid- MLS# 12585091MLS Provider

3950 N Lake Shore Drive #2312Chicago, IL 60613

Condo/Townhouse · 1 Bed · 1 Full Bath · 650 Sq. ft.
$207,000 Active

3950 N Lake Shore Drive #2312 Overview

Time on Site:
116 days
Visits:
0

City Living at its Finest! Enjoy clear views of Lake Michigan from your living room from the 23rd floor! Sunrise over the lake and sunset views from your bedroom over the city. Beautifully maintained unit within a recently updated building, full of modern touches and amenities. Investor-friendly opportunity! This Penthouse 1BD/1BA unit offers stunning city and lake views and comes with a tenant in place through June 30, 2026-providing immediate rental income with the flexibility to continue as an investment property or move in after the lease ends. The spacious and sun-filled living/dining area is perfect for entertaining, the kitchen has breakfast window, granite counters, and stainless steel appliances. The oversized bedroom features generous closet space and floor to ceiling mirrored closet doors. This is a full-amenity, pet-friendly building with 24-hour door staff, sun deck, fitness center, gated dog run, convenience store, and more. Prime Lakeview location-just steps to the lake, shopping, public transit, and Lake Shore Drive. A turnkey investment with built-in cash flow in one of Chicago's most sought-after buildings!

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3950 N Lake Shore Drive #2312 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 650
  • Price/Sq.ft. $318

Details

General

Association/HOA

  • Association Fee: $840.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Air Conditioning, Water, Electricity, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1956

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lake View
  • Township: Lake View

Rent/Lease Information

  • Lease Expiration: 2026-06-30

Tax Information

  • Tax Annual Amount: $3,200.69
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 14211010341285
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Bedrooms Possible: 1

General Information

  • Basement: None
  • Cooling: Wall Unit(s)
  • Heating: Steam
  • Living Area: 650
  • Living Area Source: Estimated
  • Rooms Total: 4
  • Stories Total: 23

Unit Information

  • Unit Number: 2312

Exterior

Parking Information

  • Parking Features: Yes, Attached, Garage
  • Parking Total: 1

Lot Information

  • Lot Size Dimensions: CONDO
  • Water Source: Public

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Combination

General Information

  • Sewer: Public Sewer

Room Information

Room: Storage

  • Level: Basement
  • Dimensions: 8X8

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 10X8

Room: Living Room

  • Level: Main
  • Dimensions: 20X15

Room: Master Bedroom

  • Level: Main
  • Dimensions: 15X12

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 2

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

3950 N Lake Shore Drive #2312 Neighborhood

Community

60613 (CHICAGO) Demographics

33
Median Age
19,733
Population Density (per sq. mile)
79%
College Educated
$84,463
Estimated Median Income
10,670
Estimated Total Home Owners
16,611
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3950 N Lake Shore Drive #2312 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3950 N Lake Shore Drive #2312 Market Data

Based on the last 30 days in this zip code

$545,378
Average List Price
$486
Average Price per Square Foot
78
Properties Sold
37
Average Days on Market
170
Properties for Sale
Calculations provided by Reliance Network

3950 N Lake Shore Drive #2312 History

Date Event Value Agent
4/25/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Price Reduction
$207,000 -1.0%
4/20/2026Source: MRED Status Change
Price Change
3/29/2026Source: MRED Status Change
Active
3/24/2026Source: MRED Price Reduction
$209,000 -2.8%
3/24/2026Source: MRED Status Change
Price Change
3/15/2026Source: MRED Status Change
Active
3/10/2026Source: MRED Price Reduction
$215,000 -1.8%
3/10/2026Source: MRED Status Change
Price Change
3/5/2026Source: MRED Added to Database
March 05, 2026