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

Subdivision > Lake Point Tower

$815,000

For Sale
Status: Contingent
Sqft: 1,800
Cost/Sqft: $453
Beds: 2
Baths: 2
Year Built: 1968
Property Taxes: $11,365
Lot Size: 0,00

Description

Price Improvement! Rarely available, this expansive three-exposure corner residence at Lake Point Tower offers approximately 1,800 square feet of luxury living with unobstructed views of Lake Michigan, Navy Pier, and the Chicago skyline. Located in Chicago's only residential building east of Lake Shore Drive, this exceptional home enjoys coveted north, east, and south exposures-perfect for taking in spectacular sunrises, bi-weekly Navy Pier fireworks, and the Chicago Air & Water Show from the comfort of home. The spacious floor plan features two generously sized bedrooms and two full baths. The primary suite accommodates a king-size bed plus a sitting area and includes a walk-in closet, a new LG stacked washer and dryer, and a spa-inspired bath with heated slate floors, a multi-faucet steam shower, and a jetted infinity tub. The second bedroom is large enough for two full-size beds along with a desk or lounge area, while the nearby guest bath offers a convenient tub/shower combination. Designed for both everyday living and entertaining, the open-concept kitchen features concrete countertops, heated slate flooring, island seating, wine refrigerator, ice maker, and premium stainless-steel appliances, including a Sub-Zero refrigerator, Dacor range, and Miele dishwasher. The kitchen opens seamlessly to the living and dining areas, all surrounded by breathtaking panoramic views. Lake Point Tower offers an unmatched collection of amenities, including: - Private 2.5-acre landscaped park with lagoon, waterfall, grills, and playground - Indoor and outdoor swimming pools - State-of-the-art health club with steam rooms and saunas Racquetball and basketball courts - Library, business center, and community room - On-site dry cleaner and automated convenience store - 24-hour door staff and security - Valet parking - Just steps from the lakefront path, CTA transportation, Michigan Avenue shopping, and Chicago's finest dining, this rare corner residence combines extraordinary views, sophisticated comfort, and an incomparable lakefront lifestyle. Now offered at an improved price-schedule your private showing today.

Property Specifics

Condos/Townhomes
70
—
1968
2014
None
Glass, Concrete, Clad Trim
—
—
Yes
Yes
—
Cook
Lake Point Tower
1293 / Monthly
Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Internet
Lake Michigan, Public
Public Sewer
Window Unit(s), Zoned
Electric, Radiant Floor
12650660
17102140161815

Property History

DATE: EVENT: PRICE: SOURCE:
31 Jan, 2012 Sold $720,000 MRED MLS
29 Dec, 2011 Under contract $750,000 MRED MLS
29 Aug, 2011 Listed for sale $750,000 MRED MLS
6 Aug, 2025 Sold $795,000 MRED MLS
30 Jun, 2025 Under contract $799,000 MRED MLS
13 May, 2025 Listed for sale $799,000 MRED MLS
1 Oct, 2026 Under contract $815,000 MRED MLS
— Last price change $839,900 MRED MLS
17 May, 2026 Listed for sale $875,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Master Bedroom Info:
Dimensions: 23X15
Location: Main Level
Floor Type: Carpet
Second Bedroom Info:
Dimensions: 14X13
Location: Main Level
Floor Type: Carpet
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 0
Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Full Body Spray Shower
Bathroom in Basement: —
Dining Room Info:
Dimensions: 12X11
Location: Main Level
Floor Type: Slate
Kitchen Info:
Dimensions: 10X10
Location: Main Level
Floor Type: Slate
Features: Island
Living Room Info:
Dimensions: 24X19
Location: Main Level
Floor Type: Slate
Additional Rooms Info:
Rooms: No additional rooms
Basement: None

Other Specifics

1
—
Garage Door Opener, Heated Garage, Tandem, Deeded, Attached, Garage
Washer Hookup
—
Patio
Hall Width 36 Inches or More, No Interior Steps
Dog Run
—
COMMON
—
Full
Wet Bar, Storage
Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
Not in DB
—
—
—

Tax History

Year Property Taxes
2012 $8,403
2025 $10,061
2026 $11,365

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Listing Provided By

@properties Christie's International Real Estate