505 Lake Shore Drive, Near North Side, Chicago, Illinois 60611


$385,000

For Sale
Status: New
Sqft: 706
Cost/Sqft: $545
Beds: 1
Baths: 1
Year Built: 1968
Property Taxes: $4,411
Days On Market: 2
Lot Size: 0,00
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Description

Own a piece of the Chicago skyline with a view that is truly impossible to replicate. As the only residential building located east of Lake Shore Drive, Lake Point Tower offers an exclusive vantage point that stands alone. This executive Jr. 1-bedroom, 1-bath residence features unparalleled, direct east-facing views of Lake Michigan and Navy Pier. This is a very RARE view. From every window, enjoy a front-row seat to spectacular sunrises, the city's bi-weekly fireworks, and a center-stage view of the exhilarating Chicago Air and Water Show - a rare perspective that few residences in the world can claim. The interior is a masterclass in custom design, highlighted by high-end Sicilian woodwork and a signature "James Bond-style" swiveling bookshelf that serves as a hidden entrance to the bedroom. The home is optimized for luxury living with a built-in workstation, a custom California walk-in closet, a Murphy bed, and an open chef's kitchen equipped with professional Viking and Kitchen-Aid appliances. Boasting incredible "bones" and high-end permanent upgrades, this unit presents a premier value-add opportunity; it simply needs a fresh coat of paint and floor refinishing to restore its full executive luster. Residents enjoy a "city within a city" lifestyle with world-class amenities centered around a private 2.5-acre third-floor park featuring a lagoon, waterfalls, and manicured gardens. The full-service experience includes a state-of-the-art health club with steam and sauna rooms, year-round indoor and outdoor pools, full on-site maintenance crew, and private courts for racquetball, pickleball, and basketball. Absolute convenience is at your doorstep with 24-hour door staff, an on-site market, a business center, a hair salon, and a heated garage offering valet and car wash services. Experience the pinnacle of lakefront living in Chicago's most iconic architectural landmark.

Property Specifics

Condos/Townhomes
70
1968
Yes
Cook
502 / Monthly
12606690
17102140161657

Property History

DATE: EVENT: PRICE: SOURCE:
22 Feb, 2016 Under contract $0 MRED MLS
5 Jan, 2016 Listed for sale $0 MRED MLS
21 Nov, 2018 Under contract $0 MRED MLS
3 Nov, 2018 Listed for sale $0 MRED MLS
15 May, 2019 Under contract $0 MRED MLS
7 Feb, 2019 Listed for sale $0 MRED MLS
1 Apr, 2026 Listed for sale $385,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 1
Bedrooms Above Ground: 1
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
First Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

0
Common
Not in DB

Tax History

Year Property Taxes
2026 $4,411

Contact Agent

Listing Provided By

Prestige Realty, Inc