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About This Home

This 4-bedroom, 5-bathroom condo at 1242 N. Lake Shore Drive in Chicago, IL is listed for $1,000,000 ($188 per sqft). Built in 1920, the home offers 5,327 sqft of living space on a N/A lot.

Agent Description

Huge 5327 sf duplex home with a 200+ sf terrace. Former home of Samuel Insul and Ray Kroc- offers panoramic wrap around views of lake and city. Home needs some updating but is priced accordingly. Amazing mural commissioned by Ray and Joan Kroc graces the circular stairway that leads to the second floor.

Wood burning fireplace in the living room. Huge modern kitchen and a breakfast room with a wonderful lake view from the built-in banquette. Great home for entertaining and large enough for a family. Parking options close by.

Key Features

  • Built in 1920
  • Waterfront

Property Details

4 full, 1 half
#Unit 25
1920

Amenities

Waterfront

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

1242 N. Lake Shore Drive

Chicago, IL 60611

Property Details

Parking

None

Heating

Hot Water (Heating)Natural GasSteam

Cooling

Central AirZoned

Appliances

DishwasherDryerMicrowaveOven - DoubleRefrigeratorWasher

Questions & Answers

This 4-bedroom, 5-bathroom condo at 1242 N. Lake Shore Drive is listed at $1,000,000 ($188/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.

Key features include: Built in 1920, Waterfront.

This property is listed by Jim Kinney and can be reached at 3123515745 or jim.kinney@bairdwarner.com.

JK

Jim Kinney

Agent at Baird & Warner Gold Coast

(312) 351-5745

Listed by Baird & Warner Gold Coast · View on Broker Site

MLS# 11978074· Source: listhub· Updated 829 days ago

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1242 N. Lake Shore Drive, Chicago, IL 60611

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