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

Subdivision > Lake Point Tower

$1,500,000

Sold
Status: Closed
Sqft: 3,000
Cost/Sqft: $500
Beds: 3
Baths: 4
Year Built: 1968
Property Taxes: $26,006
Days On Market: 80
Lot Size: 0,00

Description

Call to find out how this is one of the highest selling condos at Lake Point Tower to date. Seldom, if ever, do homes of this caliber, on high floors, come to market here. This is a combination of two units that feels as if it were originally designed as one residence. At ~3000 ft2, the desirable split floor plan with the master suite on one end, kitchen and living spaces in between and 2 bedrooms on the other end will be perfect for any buyer. This being the only building built East of Lake Shore Dr., you will enjoy expansive West and North city views, the playpen, shore line, beach and lake views day and night. You'll have a front row seat for the Air & Water Show. The extra large master bedroom has two gut renovated ensuite bathrooms. Ensuite #1 has marble and chrome finishes, custom dual bowl vanity, a step-in shower with steam, and loads of built in storage. Ensuite #2 has marble finishes, a soaking tub, custom single bowl vanity and lighted mirror. Two very large custom closets with automatic lights complete the space. The spacious living room, with expansive views, and adjacent dining room, large enough to accommodate seating for 10+, is the perfect place to entertain. A marble decorative fireplace divides the space to the kitchen and family room. The kitchen is a chef's dream. It has custom inset cabinets, Wolfe/Subzero, Bosch and Miele appliances. The massive island has a wine refrigerator and drawer microwave. The comfortable family room, again with amazing views, is the perfect spot to gather with friends or just relax. The 2nd very large bedroom has a custom closet and an ensuite bathroom with a deep soaking tub and all marble finishes. The 3rd bedroom, with French doors, could serve many different functions ie., bedroom, home office or media space. There is an enviable walk-in pantry and laundry room. With two separate entrances, both with custom closets, your family or guests, can come/go without disturbance. Among the other highlights are all hardwood floors (on top of cork) and solid core wood doors throughout, curated lighting, electric blinds, surround sound speakers, and newly skim-coated/painted walls and columns. Two floor-to-ceiling storage units on the same floor as the condo are included. A deeded, easy-in/out, prime, ground floor parking spot with an EV charger is available for separate purchase. The iconic, smoke free building is truly Class A with 24 hour door staff, a 2 acre private garden with grills and tables, a phenomenal health club, indoor/outdoor pools, basketball and racquet ball courts, business center and so much more. The Streeterville location is 2nd to none. At your doorstep is Navy Pier with year around events, shops and dining, Olive Park and Oak Street Beach. Just a short walk is the Magnificent Mile, world class shopping, fine and casual dining, the river walk, the lake front path, grocery, gyms, cafes and so much more.

Property Specifics

Condos/Townhomes
70
—
1968
None
Glass, Concrete, Clad Trim
Other
3BR 3.5BTH
Lake Front, Pond
Yes
—
Cook
Lake Point Tower
2461 / Monthly
Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Lake Michigan, Public
Public Sewer
Wall Unit(s)
Electric
No
12737459
17102140161211

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Ogden Elementary
299 —
High School
Lincoln Park High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
2 Nov, 2026 Sold $1,500,000 MRED MLS
11 Oct, 2026 Under contract $1,499,000 MRED MLS
19 Aug, 2026 Listed for sale $1,499,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Master Bedroom Info:
Dimensions: 21X18
Location: Main Level
Floor Type: Hardwood
Second Bedroom Info:
Dimensions: 19X11
Location: Main Level
Floor Type: Hardwood
Third Bedroom Info:
Dimensions: 14X11
Location: Main Level
Floor Type: Hardwood
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: 1
Bathroom Amenities: Separate Shower, Steam Shower, Double Sink, Soaking Tub
Bathroom in Basement: 0
Dining Room Info:
Dimensions: 11X20
Location: Main Level
Floor Type: Hardwood
Kitchen Info:
Dimensions: 17X10
Location: Main Level
Floor Type: Hardwood
Features: Island, Pantry-Walk-in, Updated Kitchen
Laundry Room Info:
Dimensions: 8X5
Location: Main Level
Floor Type: Hardwood
Living Room Info:
Dimensions: 16X24
Location: Main Level
Floor Type: Hardwood
Family Room Info:
Dimensions: 8X21
Location: Main Level
Floor Type: Hardwood
Additional Rooms Info:
Rooms: Foyer
Basement: None
First Additional Room Info:
Name: Foyer
Dimensions: 12X7
Location: Main Level
Floor Type: Hardwood

Other Specifics

1
Concrete Perimeter,Pillar/Post/Pier,Reinforced Caisson
Concrete, Heated Garage, Deeded, Attached, Garage
Main Level, Electric Dryer Hookup, In Unit, Sink
Hardwood
Deck
In Ground
Door Width 32 Inches or More
Roof Deck, Outdoor Grill
Landscaped
COMMON
—
Full
—
Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Electric Cooktop
Not in DB
—
Bike Room/Bike Trails, Door Person, Elevator in Residence, Health Club, On Site Manager/Engineer, Indoor Pool, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Business Center
Electric

Tax History

Year Property Taxes
2026 $26,006

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Listing Provided By

Keller Williams Preferred Realty