If you're considering buying, look carefully at the financial condition of the association and look for capital improvement plans and reserve planning. Assessments in elevator buildings can get out of control very rapidly if maintenance and reserve planning are not adhered to.
Otherwise, great location with some great views. It's a great time to buy in South Shore as the prices have moderated greatly.
Call with any specific questions.
Best of Luck
Keller Williams Chicago Consulting Group
716 East 47th Street