505 Lake Shore Drive, Near North Side, Chicago, Illinois 60611
$725,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 1,450 |
| Cost/Sqft: | $500 |
| Beds: | 2 |
| Baths: | 2 |
| Year Built: | 1968 |
| Property Taxes: | $12,245 |
| Days On Market: | 56 |
| Lot Size: | 0,00 |
Description
Rarely available, highly sought-after "10" tier corner residence at iconic Lake Point Tower. This extensively remodeled 2-bedroom, 2-bathroom home offers approximately 1,500 square feet of sophisticated living space with dramatic south, east, and west exposures. Floor-to-ceiling windows showcase unobstructed panoramic views of Lake Michigan, Navy Pier, the Chicago skyline, river, parks, sunrises, sunsets, fireworks, and sparkling city lights. The beautifully updated interior features new flooring, renovated bathrooms, brand-new tankless water heaters, and a new in-unit washer and dryer. The well-appointed kitchen includes newer appliances and a built-in refrigerator. Abundant natural light, exceptional privacy, and an open corner layout create a truly distinctive urban living experience. Electronic blinds throughout! Lake Point Tower residents enjoy an unparalleled resort-style lifestyle, including 24-hour door staff, valet parking, and a private 2.5-acre landscaped park with an outdoor pool, grills, waterfall, lagoon, children's play area, and more. Additional amenities include a state-of-the-art health club with an indoor pool, two hot tubs, sauna and steam rooms, pickleball and basketball courts, dog run and dog bath, library, conference and business centers, community room, on-site market, dry cleaners, bike storage, and more. Ideally located steps from the lakefront path, CTA, Michigan Avenue shopping, world-class dining, parks, and Chicago's premier cultural destinations. Large storage unit included. Valet parking is available for $290 per month, and Lake Point Tower is one of the few Chicago buildings offering the opportunity to rent multiple parking spaces. A rare opportunity to enjoy luxury, privacy, service, and spectacular views in one of Chicago's most iconic residences.
Property Specifics
| Condos/Townhomes | |
| 70 | |
| — | |
| 1968 | |
| 2014 | |
| None | |
| Glass, Concrete, Clad Trim | |
| — | |
| — | |
| Yes | |
| Yes | |
| — |
| Cook | |
| — | |
| 1296 / Monthly | |
| Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet | |
| Lake Michigan, Public | |
| Public Sewer | |
| Central Air | |
| Electric | |
| 12758230 | |
| 17102140161484 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 May, 2021 | Sold | $640,000 | MRED MLS |
| 5 Apr, 2021 | Under contract | $599,000 | MRED MLS |
| — | Last price change | $625,000 | MRED MLS |
| 21 Aug, 2020 | Listed for sale | $650,000 | MRED MLS |
| — | Last price change | $750,000 | MRED MLS |
| 12 Sep, 2026 | Listed for sale | $750,000 | MRED MLS |
Room Specifics
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Dimensions: 19X12
Floor Type: —
Dimensions: 12X12
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Dimensions: 12X10
Floor Type: —
Dimensions: 10X11
Floor Type: —
Dimensions: 18X20
Floor Type: —
Rooms: No additional rooms
Other Specifics
| 0 | |
| — | |
| Garage Door Opener, Leased, Attached, Garage | |
| In Unit | |
| — | |
| — | |
| Hall Width 36 Inches or More | |
| — | |
| — | |
| CONDO | |
| — | |
| Full | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $9,923 |
| — | $12,245 |
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Listing Provided By
@properties Christie's International Real Estate
