1550 S Blue Island Avenue 1200, Chicago, IL 60608

$400,000 Asking Price

2 beds
2 baths
Built in 1928

Nestled atop a sleek high-rise, lies a penthouse unit that epitomizes luxury living. This split 2 bedroom, 2 bath sanctuary occupies the southeast corner of the building, offering breathtaking views of the city skyline. As you step through the grand entrance, you're greeted by an abundance of natural light pouring in from the southern exposure, illuminating every corner of the space. The living area boasts a sense of openness, seamlessly merging with the gourmet kitchen adorned with top-of-the-line appliances and a chic beverage center, complete with a wine cooler, perfect for entertaining guests or indulging in a quiet evening in. But perhaps the piece de resistance lies just beyond the sliding glass doors - a sprawling 725 square foot deck that wraps around to the east and south, offering an unparalleled outdoor oasis in the heart of the urban jungle. It's the ideal spot to sip your morning coffee while watching the sunrise paint the sky in hues of pink and gold, or to unwind with a glass of wine as the city lights twinkle below. Every detail of this penthouse has been meticulously curated for both style and functionality. Renovated in 2018, the space exudes modern elegance with two new bathrooms, a convenient laundry room, a sleek dry bar, and a welcoming foyer that sets the tone for the sophistication that lies within. And in 2024, the hardwood floors were refinished, breathing new life into the living and bedroom areas, while fresh paint adorns the walls, creating a canvas for your personal touch. Whether you're lounging in the warmth of the fireplace on a chilly evening or basking in the glow of the sun-soaked deck on a lazy Sunday afternoon, this penthouse offers an unparalleled urban retreat where luxury meets lifestyle. Welcome home to your own slice of paradise in the sky. Indulge in culinary delights at nearby restaurants, and bask in the intellectual energy of the University of Illinois Chicago. Commuting is a breeze with easy access to public transportation and the expressway. Your vibrant and serene escape awaits - come, experience, and embrace the allure of city living redefined. Parking space #27 is available for $25,000. PIN#: 17201280281255. HOA for parking is $65.93 monthly. Based on the location of the property, be sure to ask your lender about the home buyer grant.


Features & Amenities

Interior

General:
Bar-Dry, Hardwood Floors, Storage, Walk-In Closet(s), Doorman
Rooms:
Walk In Closet
Laundry:
In Unit
Basement:
None
A/C:
Central Air
Heating:
Natural Gas
Fireplace:
Fireplaces: 1
Disability Feature:
None

Exterior

General:
Concrete, Balcony, Dog Run
Parking:
Garage, Parking spaces: 1

Construction

General:
Condo,Condo-Loft, Concrete Perimeter

Location

HOA Amenities:
Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Party Room, Service Elevator(s), Heat, Water, Gas, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, 905.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
17201280281219

Utilities

Utilities:
Circuit Breakers
Water:
Lake Michigan
Sewer:
Septic-Mechanical,Septic-Private

Financial

Source:
mred
Ownership:
Fee Simple w/ HO Assn.
Buyers Agent Compensation:
2.5%-$595 (% OF NET SALE PRICE)

This listing courtesy of:
Compass, Benyamin Lalez

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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