505 North Lake Shore Drive, Unit 250706

Chicago, IL 60611

$1,125,000
Last Sold Price
3
Beds
3,000 Sq. Ft.
$375 / Sq. Ft.
3,000
Sq. Ft.
$375
per Sq. Ft.

Closed 2/21/25

Closed 2/21/25

Description

Step into the epitome of luxury living in Chicago's most iconic lakefront building, Lake Point Tower-the only residential building east of Lake Shore Drive. This combined double end unit on the 25th floor boasts 3,000 square feet of living space with views of Lake Michigan and Chicago from every room. Your new lifestyle begins immediately when you move into this fully furnished condo that includes comfortable appointments for each room. The well thought out floor plan includes wall-to-wall windows...Step into the epitome of luxury living in Chicago's most iconic lakefront building, Lake Point Tower-the only residential building east of Lake Shore Drive. This combined double end unit on the 25th floor boasts 3,000 square feet of living space with views of Lake Michigan and Chicago from every room. Your new lifestyle begins immediately when you move into this fully furnished condo that includes comfortable appointments for each room. The well thought out floor plan includes wall-to-wall windows that brighten all living spaces and each of the 3 bedrooms. The kitchen is appointed with white cabinets and Corian counters that extend into a large dining area with barstool seating. A new refrigerator was installed in 2022. A new laundry pair has also been added to the adjacent walk in pantry. The primary suite features ample closets as well as walk behind customized built storage. The ensuite bath features a spacious shower and soaking tub, 2 marble vanity areas, and a private toilet/bidet. The second bedroom is spacious and includes an ensuite full bathroom. The 3rd spacious bedroom has been set up for a convenient home office. This sale will also include a 2-car tandem deeded parking space very close to the heated garage entrance. Two additional storage cages are also assigned to the unit and located on the 2nd floor. Lake Point Tower living includes an unmatched suite of amenities, including outdoors a 2.5-acre private park with landscaped grounds, BBQ grilling area, and playground. Inside find access to the indoor and outdoor pools, and a fully equipped health club on-site. There is 24-hour security, valet parking, and concierge services. Additional on-site conveniences include a business center, meeting rooms, a community lounge for work or relaxation, dry cleaners, hair salon, convenience store, and more. This residence truly offers the rare combination of luxury and location. Whether you're looking for a turnkey investment or a second home in the city, this property checks every box. Property being sold as-is with furniture (furniture included at no additional value).
  1. Listed by David Albrecht • Coldwell Banker Realty

Sold By Beyond Properties Realty Group

Property Details for 505 North Lake Shore Drive, Unit 250706

Area
CHI - Near North Side
Subdivision
Lake Point Tower
Township
North Chicago
Ownership
Condo
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Num of Interior Fireplaces
0
LISTING UPDATED: 02/24/2025 11:24 AM

Property Details for 505 North Lake Shore Drive, Unit 250706

StatusClosed
MLS #12212540
Days on Market55
Taxes$21,737 / year
HOA Fees$2,450 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1968
CountyCook County

Building Information for 505 North Lake Shore Drive, Unit 250706

Building/Complex505 N Lake Shore DrFloor-Stories70Residences875Pet PolicyAllowedPet Policy DetailsCats OK,Dogs OK,Number Limit,Size LimitYear Built1968

Property Information for 505 North Lake Shore Drive, Unit 250706

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, Tandem
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
Pet Information
  • Max Pet Weight: 55.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
Location and General Information
  • Front Exposure: North, South, East, City, Lake/Water, Park
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Parking, Common Insurance, Security System, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Additional Parcels: Yes
Property Information
Interior Features
  • Interior Property Features: Sauna, Bar-Wet, Elevator, Laundry Hook-Up in Unit, Storage, Built-in Features, Open Floorplan, Some Carpeting, Dining Combo, Doorman, Drapes/Blinds, Health Facilities, Lobby, Some Wall-To-Wall Cp
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park/Playground, Party Room, Sundeck, Pool-Indoors, Pool-Outdoors, Receiving Room, Restaurant, Sauna, Security Door Locks, Service Elevator, Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Laundry, Public Bus, Picnic Area, Private Pool-Indoors, Private Inground Pool, Private Laundry Hkup
  • Num Of Rooms: 7
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 25
  • Bath Amenities: Whirlpool,Separate Shower,Double Sink,Bidet
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: Wall Unit(s)
  • Electric: Circuit Breakers, 200+ Amp Service
  • Basement Description: None
  • Dining Room: Separate
  • Basement Bathrooms: No
  • Room Type: Foyer
  • Num of Baths: 2.1
Exterior Features
  • Patio And Porch Features: Patio
  • Type: Condo,High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Oven, Electric Oven
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Patio, Hot Tub, Pool In-Ground, Outdoor Grill, End Unit, Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Type Attached: Condo, High Rise (7+ Stories)
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Common Grounds, Lake Front, Landscaped Professionally, Park Adjacent, Pond, River Front, Water View, Views, Waterfront
  • Lot Dimensions: COMMON
  • Stories Total: 70
  • Total # Units in Building: 875.0
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Driveway: Concrete,Circular
  • Exterior Building Type: Glass, Concrete, Clad Trim
  • Roof Type: Other
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier, Reinforced Caisson
  • General Information: Commuter Bus,Interstate Access,Non-Smoking Building
  • North Coordinate: 505
  • South Coordinate: 0
  • East Coordinate: 500
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Management: Manager On-site,Monday through Friday
  • Management Company: First Service Residential
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-11-27T15:40:22
  • Photos Count: 30
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 18X25
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 13X20
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 14X12
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 12X17
Family Room Information
  • Family Room Level: Main
  • RoomType_FR: Family Room
  • Family Room Dimensions: 26X28
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X14
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 8X11
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 30X26
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 11X6

Property History for 505 North Lake Shore Drive, Unit 250706

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 505 North Lake Shore Drive, Unit 250706

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Ogden Elementary School
Public - PK to 8
Wells Community Academy High School
Public - 9 to 12
Muchin College Prep
Charter - 9 to 12
YCCS-Innovations of Arts Integr
Charter - 9 to 12
Rating
School
Distance
Ogden Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Muchin College Prep
Charter9 to 12

YCCS-Innovations of Arts Integr
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 02/24/2025 11:24 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.