1500 N Lake Shore Drive, Unit Ph, Chicago, IL 60610 USA

Available for the first time in 50 years, an elaborate penthouse in a building designed by architect Rosario Candela in 1927 has been reduced to $17 million after listing in July for $24 million. Mansion Global revealed in July, “Known for his grand apartment buildings built primarily during the 1920s, Mr. Candela also designed the Brazilian Court Hotel in Palm Beach, Fla., as well as New York City’s 75 Central Park West, 740 Park Ave and 1040 Fifth Avenue.” Lake Shore Drive is believed to be his only commission in Chicago and one of the only outside of New York. Set atop one of the cities most iconic cooperatives, this one-of-a-kind residence encompasses the entire top floor, with unobstructed views in all directions, giving the feeling of an Italianate villa on Lake Como. Featuring rooms at a scale rarely seen, the floor plan features 8,000 square feet of interior space, direct elevator access into a grand formal entry, 6 bedrooms, 6.1 baths, a 40-foot long, walnut-panelled gallery hall with vaulted ceilings finished in a fresco theme, a living room with 20-foot tall original coffered ceilings, panelled bar, formal dining, library and multiple bonus rooms.

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