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Price cut: $600,000
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Attached Single · Chicago, IL
$1,000,000$1,600,000
4 beds · 4.5 baths · 5,327 sqft
1242 N Lake Shore Drive #25, Chicago, IL, 60611
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central airIn-unit laundry
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.
— the listing agent’s description

The home

4 beds
4.5 baths
5,327 sqft
Built in 1920
Lot COMMON
Attached Single

What it’ll cost

$188 / sqft
$25,278 taxes / yr
$5,801/mo HOA
Listed $1,600,000
Now $1,000,000
844 days on dwello

Estimated monthly payment

$13,517/mo
Principal & interest$5,317
Property taxes$2,107
Homeowners insurance$292
HOA dues$5,801
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Jun 3
THU
Jun 4
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Jun 5
SAT
Jun 6
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844 days on dwello
Price history
Price reduced
Apr 13, 2026
↓ $600,000$1,000,000
Listed for sale
Feb 23, 2024
$1,600,000
Earlier records
Sold
Mar 27, 2026
$840,000
Sold
May 14, 2025
$967,500
Sold
Apr 4, 2025
$600,000
Sold
Apr 1, 2025
$1,025,000
Listed
Jan 7, 2025
$950,000
Sold
Nov 22, 2024
$695,000
Now $600,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$25,278/yr
Assessed value
2025
County assessor
$2,586,680~$25,866,800 mkt
2024
$2,586,680~$25,866,800 mkt
2023
$2,487,500~$24,875,000 mkt
2022
$2,487,500~$24,875,000 mkt
2021
$2,487,500~$24,875,000 mkt
2020
$4,491,393~$44,913,930 mkt
2019
$4,491,393~$44,913,930 mkt
2018
$4,491,393~$44,913,930 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central AirZonedNatural GasSteamBrickPublic Sewer
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by James Kinney · Baird & Warner
Listing last updated Jun 15, 2026 · data refreshed from the MLS Jun 17, 2026, 6:31 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:31 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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