"The tallest condo in Lakeshore East — and it knows it."
Ratings Breakdown
Upper Level's exclusive rating for Chicago winter survivability — indoor parking, pedway access, CTA proximity, and wind exposure.
The Rundown
340 on the Park is the crown jewel of Lakeshore East — the tallest residential tower in the neighborhood at 62 floors, with views that are genuinely hard to beat. Completed in 2007 by Solomon Cordwell Buenz for Magellan Development Group, it sits at the corner of Randolph and Columbus, directly overlooking Millennium Park, Lake Michigan, and the full Chicago skyline.
The building's 344 units are large by downtown standards — floor-to-ceiling windows, open layouts, and finishes that hold up well 17 years in. The indoor pool and rooftop terrace are legitimate amenities, not afterthoughts. HOA fees are on the higher end, but the building is well-maintained and the reserve fund is healthy.
This is the building people move to when they've decided Lakeshore East is where they want to be and they want the best of it. The views from floors 40+ are among the best in the city — Millennium Park directly below, the lake to the east, the full skyline to the west.
Who Lives Here
Established professionals and empty nesters who've made a deliberate choice to be in Lakeshore East. Buyers skew 40s–60s, with a mix of primary residences and second homes. Less transient than the rental buildings nearby. You'll find architects, attorneys, finance professionals, and people who've lived in Chicago long enough to know exactly what they want.
The Neighborhood
Lakeshore East is Chicago's most intentionally designed neighborhood — a master-planned community built around a 6-acre park, with Millennium Park and the lakefront as its front yard. 340 on the Park sits at the western edge, which means you get the park views without being deep in the residential cluster. Whole Foods is in the building. The Riverwalk is a 5-minute walk. The Loop is right there.
What You Get
Elevator Experience
Upper Level Intel
Whole Foods in the Building
The Whole Foods at street level is a genuine quality-of-life upgrade. You don't have to leave the building for groceries. In winter, this matters more than you'd think.
Floor Selection Matters
Floors 40+ get unobstructed Millennium Park and lake views. Below floor 25, neighboring buildings start cutting into the sightlines. If views are the reason you're here, don't compromise on floor.
HOA Fees Are Real
Monthly HOA fees run $900–$2,800 depending on unit size. Request the reserve fund study and meeting minutes before buying. The building is well-run but the fees are a real carrying cost.
The Good & The Not-So-Good
Wins
- ✓Best views in Lakeshore East — Millennium Park + lake + skyline
- ✓Tallest building in the neighborhood means unobstructed sightlines
- ✓Whole Foods in the building
- ✓Pedway access to the Loop
- ✓Well-maintained with healthy HOA reserves
- ✓Indoor pool is a genuine amenity
Watch Out
- ✗HOA fees are among the highest in the neighborhood
- ✗Short-term rentals prohibited
- ✗Randolph Street noise on lower floors
- ✗Parking is an additional cost
The Verdict
340 on the Park is the best condo building in Lakeshore East, full stop. The views, the location, the amenities, and the build quality all deliver. The price reflects it — both purchase price and HOA fees are at the top of the neighborhood. But if you're buying in Lakeshore East and want the definitive address, this is it.
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