The Carlyle

About The Carlyle

Situated at 1040 N. Lake Shore Drive, this Chicago condo development in the prestigious Gold Coast neighborhood offers would-be homeowners the perfect spot to settle down in comfort while enjoying the conveniences of urban living. This handsome residential high-rise was constructed in the mid-1960s, but it still retains its elegance and charm. The building is located just across the street from the lakefront and beach, and at 40 floors, residents of the Carlyle have some of the best lake views that can be found in Chicago.

These days, when searching for a place to call home, there are some essential amenities that we just expect to have while other features are an extra bonus that make the city lifestyle that much sweeter. The residences at 1040 N. Lake Shore Drive integrate a touch of luxury with the everyday necessities to create the ultimate dream home. Convenient building services and the option to choose from a number of different layouts that incorporate varied room sizes give residents the chance to select a living space to fit their needs.

In addition to the building's unit sizes and floorplans, you probably want to know the details of purchasing a place here. Like whether pets are welcome-well, maybe that wasn't at the top of your list—but it's still important to recognize, especially if you have a four-legged family member, because unfortunately there are no pets allowed in this particular building.

But we were talking about other details that interest potential buyers...Maybe you were thinking more along the line of how much you can anticipate paying annually in assessments and taxes? Well, the average assessments for this lovely Chicago residence are $1,133 per month and the taxes typically cost $9,810 per year. So don't forget to factor that in when calculating your mortgage. And just to help you weigh the cost of buying real estate in this building, we've compiled the most up-to-date data to suffice your additional inquiries.

There are currently few 1-bedroom residences available in with an average listing price of at just the right market price and an average selling price of $888,400, and the price per square foot of a unit at 1040 N. Lake Shore Drive is $398. Just to give you an idea of the going rate today for this particular site, a 1-bedroom unit recently sold for $1,202,000 in July of 2006.

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