Advertised as one of the last new construction addresses on Lake Shore Drive, Belgravia Group & Sandz Development, developers of 600 N. Lake Shore Drive, have recently highlighted their success in local publications and in emails to real estate brokers in the Chicago area – this development is now over 90% sold and occupied. They’ve used the upside down photo below in a broad ad campaign to catch the attention of prospective buyers and real estate agents.
The developers, who are also behind the high-rise at 530 N. Lake Shore Drive and other luxury buildings around the city, have been able to almost completely sell 600 N. Lake Shore Drive in three years. While many new construction projects have failed over the last few years given the downturn in the housing market, this project has actually done very well – and prices have held firm (and even increased in some cases for some of the prime tiers).
The success of this 400 unit two-tower luxury development can be attributed to a lot of different factors, including: prime lakefront location, generous floor plans, and high end luxury finishes. Standard features include hardwood floors throughout the living areas, 9-foot ceilings, and marble floors in the foyer and bathrooms. Each unit has their own private balcony with city / lake views. The kitchens are equipped with gourmet stainless steel appliances, granite counter tops, and wood cabinetry. The building is also loaded with amenities, including a fitness center, sculpture garden, rooftop sundeck, business center, bike room, a 24-hour doorman, and an exclusive photography collection featuring some great shots of Chicago architecture.
The unit layouts range from one bedroom (1,000 square feet) to three bedrooms (2,500+ square feet), with prices starting in the low $400,000s to over $1.8 million.
If you’re looking to own a piece of the lakefront and live steps away from the beach and Michigan Avenue, this is one of your last opportunities to buy a new construction, never lived-in property.
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