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Full Condo Remodeling Streeterville: 1242 N Lake Shore Condo Remodel, 3,200 SF Gut Renovation 2026
This 1242 N Lake Shore Drive project is among our most comprehensive: a complete gut renovation of a 3,200 square foot lakefront condo that had been lived in for 25+ years and needed to be rebuilt for modern luxury living. I'm Viktor Aharon with Assembly Squad Remodeling LLC. We've completed 500+ renovations since 2013 (IL License #TGC098779, A+ BBB), with deep experience in full condo remodeling in Streeterville and luxury high-rise condo renovations throughout the Near North Side.
Our out-of-state client entrusted us with full project authority: design decisions, material selection, contractor coordination, building management, and furniture procurement. The brief was to transform this dated lakefront property into a turnkey luxury condo Streeterville worthy of its address, without the client needing to be present during construction.
Streeterville 3,200 SF Gut Renovation: Kitchen Wall Removal and Custom Cabinets
The kitchen transformation was the project's centerpiece, and it anchors our Streeterville kitchen remodeling work. We demolished walls to create the open connection to the living areas that modern condo living demands. All original finishes removed: flooring, cabinetry, countertops, and ceiling wallpaper. Custom cabinets were designed specifically for this 1242 N Lake Shore footprint, complemented by high-end tile and luxury quartz countertops. The result is a kitchen that performs and photographs as a focal point in a lakefront property, appropriate for Streeterville's competitive rental and resale market.
3 Bathroom Condo Renovation Streeterville: Complete Gut Remodel
All three bathrooms received full gut renovations: new tile throughout, modern fixtures, custom vanities, and spa-like amenities. In a 25-year-old Streeterville high-rise condo renovation, Streeterville bathroom renovations are among the highest-return investments. They are the first thing shown in listings and the first thing prospective buyers and renters evaluate on walk-through. Three renovated bathrooms in a 3,200 sf unit at 1242 N Lake Shore fundamentally repositions the property.
Wood Flooring and Custom Trim Streeterville Condo: Whole-Unit Transformation
New wood flooring throughout all 3,200 square feet created visual continuity and warmth across the entire floor plate. Replacing dated original flooring with premium wood materials transforms how a unit feels. It photographs better, presents better on walk-through, and signals quality throughout. Custom trim work across the entire unit, the kind of detail we bring to every whole-home remodeling project, adds architectural character that differentiates this condo from standard finishes in Streeterville's competitive market.
Turnkey Condo Renovation Streeterville: Out-of-State Client Remote Project Management
Going beyond the renovation itself, we selected and installed all new furniture throughout the condo, every room and every piece chosen to complement the renovated spaces. Our design team managed the entire selection and installation process, delivering a completely furnished, move-in-ready luxury condo renovation. For our out-of-state client, this turnkey approach meant receiving a finished 3,200 sf lakefront property without making a single trip to Chicago during the renovation.
Complete Scope of Work
- Complete kitchen gut renovation: wall removal, custom cabinets, luxury tile and countertops
- Ceiling wallpaper removal throughout
- New wood flooring throughout all 3,200 sq ft
- Complete renovation of 3 bathrooms: tile, fixtures, vanities, accessories
- Custom trim work throughout entire unit
- Professional painting, full 3,200 sq ft
- Complete furniture selection and installation
- Full building management coordination and permit management
- Remote project management for out-of-state client
- Turnkey delivery, move-in-ready luxury residence
- Completed in 10 weeks
Full Condo Renovation Cost Streeterville 2026: 1242 Lake Shore Financial Case
A 25-year-old condo on Lake Shore Drive carries an address premium that dated finishes undercut. A complete gut renovation covering kitchen, bathrooms, flooring, and trim unlocks the full value of the location. Properties in Streeterville with renovated kitchens and bathrooms command 15 to 25% higher sale prices and rent premiums of $500 to $1,500 per month over unrenovated comparables, so the renovation investment at a Lake Shore Drive address returns at the upper end of the Chicago market. For a full picture of what a Chicago condo remodel costs, see our Streeterville home remodeling hub and our high-end kitchen remodeling Chicago page.
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