Listing of the Week

1522 on the Lake

Gorgeous condominium on the Lower East Side has quite the view.

Nov 6th, 2015 11:57 am
1522 on the Lake

1522 on the Lake

Lake and skyline views? Check. Open floor plan? Check. Walkable location on Milwaukee’s trendy Lower East Side? Check. Spacious bedrooms? Check. The inaugural Listing of the Week, a 2,012 square-foot, seventh-floor condominium on N. Prospect Ave. is quite the desirable property.

The unit is located on the southeast corner of the seventh floor at 1522 on the Lake, a high-rise tower built in 2002. The building itself is well-located with a short drive, bike ride or walk to anywhere downtown. It’s also a short walk from Milwaukee’s lakefront and the Oak Leaf Trail, a scenic, off-road recreational trail that now stretches the whole way to Ozaukee County. Major Milwaukee summer events like Summerfest, Bastille Days and the U.S. Bank fireworks are easy to access neighborhood events.

The residence is not only well-located, but includes all the amenities one could want in a high-rise condominium. This particular unit includes two heated parking spaces and a private storage area in the building. In addition, the building features a full-time concierge (the legendary Jean-Louis Bolar), private workout facility and party room.

The bones of the unit include two bedrooms, two bathrooms, a large kitchen with breakfast bar and high-end appliances, dining room, large den/office and substantial living room with gas fireplace. The master bedroom is 14-by-16 feet and has an attached bathroom with a whirlpool. The second bedroom is nearly as large at 13-by-15 feet. All 2,000-plus square feet of the unit are located on the same level.

The residence’s location on the seventh floor makes it a very short elevator ride from the action at street level, yet is high enough to make you forget you’re in the city. In case one should want to experience the great outdoors without an elevator ride, the unit features a large balcony.

1522 on the Lake, which derives its name from its N. Prospect Ave. address, is home to a number of prominent Milwaukee and national figures. Oprah Winfrey‘s mother Vernita Lee is a resident of the building. In addition, a number of Milwaukee Bucks players have lived here in the past, including Drew Gooden and Stephen Jackson.

The 18-story building is very well-maintained. It features an attractive brick facade and a recently re-landscaped green space along N. Prospect Ave. The tower designed by Milwaukee-based architecture firm Plunkett Raysich Architects and developed by Weas Construction.

This week’s unit is listed by Chris Corley and his firm Corley Real Estate for $669,900.

Photos

Corley Real EstateAbout Corley Real Estate

Corley Real Estate is a boutique firm specializing in downtown properties with a dedication to unparalleled customer service and personal and private attention, making each client feel one of a kind — just like their new home. Visit Chris and his team at their office at 569 E. Erie St.

The Breakdown

  • Address: 1522 N. Prospect Ave.
  • Size: 2,012 sq-ft
  • Rooms:  6
  • Bedrooms 2
  • Bathrooms: 2
  • Year Built: 2002
  • Asking Price: $669,900
  • Condo Fees: $726/month (heat, central air, sewer, common area, recreation facility, replacement, water)
  • Price sq/ft: $333
  • Property Type: Condominium
  • Parking: 2 parking stalls in heated garage

Unit Description

Stunning southeast corner unit with breathtaking panoramic views. Gourmet kitchen with high end appliances, granite counters & backsplash, 2-tier island and custom cherry cabinets. Formal dining area, french doors to den/office, living room w/GFP and built-ins. Walls of windows throughout. Enjoy beautiful sunrises on your east facing balcony. Master bedroom w/walk-in closet, and master bath with whirlpool tub. 2 heated parking spaces, a storage unit and 24hr Concierge.

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