Chicago · Commercial sale

Cooperative apartment building at 3500 N Lake Shore Dr in Chicago sells for $1.2 million

A cooperative apartment building at 3500 N Lake Shore Dr, Chicago sold for $1,200,000 on July 31, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 3500 N Lake Shore Dr, Chicago with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Cook County Assessor. The photo can predate the sale.
Sale price
$1,200,000
Sold
July 31, 2026
Property type
Cooperative apartment building
Lot size
15,002 sq ft

A cooperative apartment building at 3500 N Lake Shore Dr in Chicago sold for $1,200,000 on July 31, 2026, according to the Cook County Assessor's sales records. The Assessor's records show a market value of $41,000,000. The sale price is 97% below that value.

The Assessor's records show the lot is 15,002 square feet. The buyer is Tom Denison. The last sale of the property was $755,000 in 2025.

The new sale price is 59% above the 2025 price.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Cook County?

By our estimate, the seller's two largest charges, not counting prorations, were $3,875 for the owner's title insurance policy and $3,600 for the chicago transfer tax (CTA portion). Who pays what follows Cook County custom.

How much did the seller net?

By our estimate, the seller netted about $1,162,035. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,183,167 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

3500 N Lake Shore Dr, Chicago, IL.

Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2621810039. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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