505 Lake Shore Drive, Near North Side, Chicago, Illinois 60611
$450,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,100 |
| Cost/Sqft: | $409 |
| Beds: | 1 |
| Baths: | 1 |
| Year Built: | 1968 |
| Property Taxes: | $8,439 |
| Days On Market: | 164 |
| Lot Size: | 0,00 |
Description
Rarely available Ambassador Suite TIER 3 CORNER unit -- extensive improvements -- in Lake Point Tower with its panoramic, unobstructed lake, city, beach, and park views from floor to ceiling windows. Impressive NEW 5" red oak hardwood floors, NEW kitchen to living room pass-through, NEW full size Miele washer & Miele ventless dryer (2021). NEW 4 HVAC units (2022 & 2023). NEW high-end (Miele, Bosch and Fisher & Paykel) stainless steel kitchen appliances (2022). Freshly painted throughout (2025). Includes a storage locker. Private 2.5 acre park on 3rd fl. that offers outdoor pool, BBQ grills plus sitting area, children playground, stone waterfall, lagoon, and scenic walking trails. Enjoy 24 HOUR Door Staff and Valet Parking Service, mini grocery store, indoor pool/hot tubs, upscale fitness center, racket ball/basketball/pickleball court, steam & sauna rooms, first class business center, library, community center, laundry/dry cleaners, beauty salon, indoor children's playroom, pet care/dog run, receiving room, easy indoor access to Casa Margarita Restaurant. Steps to Navy Pier, new Navy Pier Marina, Olive Park, Ohio Street Beach, Oak Street Beach, Lakefront walking/jogging/biking path, Michigan Ave shopping and restaurants. CTA transportation across street.
Property Specifics
| Condos/Townhomes | |
| 70 | |
| — | |
| 1968 | |
| — | |
| AMBASSADOR SUITE | |
| Yes | |
| — |
| Cook | |
| Lake Point Tower | |
| 972 / Monthly | |
| — | |
| — | |
| — | |
| 12356004 | |
| 17102140161551 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Ogden Elementary |
299 | — | |
|
Middle School
Ogden Ave Elementary School |
102 | Not in DB | |
|
High School
Wells Community Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 Aug, 2014 | Sold | $387,000 | MRED MLS |
| 29 May, 2014 | Under contract | $405,000 | MRED MLS |
| 19 Apr, 2014 | Listed for sale | $405,000 | MRED MLS |
| 11 Jan, 2021 | Sold | $400,000 | MRED MLS |
| 16 Dec, 2020 | Under contract | $449,000 | MRED MLS |
| 9 Jul, 2020 | Listed for sale | $449,000 | MRED MLS |
| 17 Jun, 2025 | Sold | $450,000 | MRED MLS |
| 6 Jun, 2025 | Under contract | $450,000 | MRED MLS |
| 30 May, 2025 | Listed for sale | $450,000 | MRED MLS |
Room Specifics
Total Bedrooms: 1
Bedrooms Above Ground: 1
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: Double Sink
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
| — | |
| — | |
| — | |
| — | |
| COMMON | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $7,163 |
| 2021 | $8,602 |
| 2025 | $8,439 |
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Listing Provided By
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