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Drake Tower

179 E Lake Shore Drive, Chicago, IL, 60611

YearBuilt

Year Built

1928

Stories

# Stories

30

#TotalUnits

# Total Units

77
UnitSizeRange

Unit Size Range

4,915-5,015 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Low

Building Description

Drake Tower, positioned at 179 E Lake Shore Drive, Chicago, IL, is a prominent 30-story structure surrounded by the metropolitan charm of the city. The tower, built in 1928, showcases a classic architectural design, with intricate stonework and elegant detailing reminiscent of early 20th-century construction. It provides residents with a variety of floor plans, including 1, 2, and 3-bedroom units, each thoughtfully designed to maximize living space and comfort. Despite not being waterfront, the tower compensates with its well-curated amenities like a modern fitness center, a refined communal lounge, and secure parking facilities for residents. The building's infrastructure is well-updated with contemporary conveniences, ensuring a seamless urban living experience. The surrounding vicinity of Drake Tower boasts easy access to a rich array of cultural landmarks, shopping destinations, and dining options. Its proximity to Lake Michigan offers ample recreational opportunities, albeit indirectly. Situated in the heart of the city, the building is well-connected by public transportation networks, enhancing accessibility for both residents and visitors. This blend of historical architecture and modern facilities makes Drake Tower a distinctive and enduring feature of Chicago's skyline.

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness CenterCheck Icon
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Drake Tower Market Report (last 12 months)

Avg. List Price
$672,980 ($369/Sqft.)
Year-Over-Year List Price
Up Arrow 0.16%
Total Listings
Listings5
Avg. Days On Market
Calendar63
Avg. Sale Price
$430,500 ($210/Sqft.)
Year-Over-Year Sale Price
Down Arrow 0.32%
Total Sold
Sold4
Avg. HOA Fees/Sqft
$1 /monthly

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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

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847-668-3774

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