Chicago’s iconic Lake Point Tower housed 875 units after it was converted from rental apartments to condos in 1988. Since then, the number of residences has dropped to 758 as owners combined units into larger homes. Case in point: this spacious 3,000-square-foot whopper created from three smaller units.
Perched on the waterfront skyscraper’s 11th-floor, the four-bedroom, three-bathroom condo boasts a reconfigured designed by Chicago architect Jo Palma. Standout features include an open living and dining room with bamboo flooring, a trendy all-white kitchen, and smart lighting, thermostats and automated shades. The home offers sweeping views downtown, overlooking Navy Pier’s Ferris wheel to the east and DuSable Harbor to the south.
The combined multi-unit property hit the market for the first time on Tuesday, seeking $1,395,000 plus $1,758 in monthly assessments. And, with Lake Point Tower taking recent steps to protect itself from investors looking to “deconvert” the tower back into rentals, you can rest easy without worrying about any hostile buyouts.