505 N Lake Shore Dr, Unit 5205

Chicago, IL 60611

$495,000
Last Sold Price
1
Bed
1,100 Sq. Ft.
$450 / Sq. Ft.
1,100
Sq. Ft.
$450
per Sq. Ft.

Description

Welcome to Unit 5205 at Lake Point Tower - a stunning 1 bed, 1 bath residence spanning an impressive 1100 square feet high above the city. Perched on the 52nd floor of this iconic, amenity-rich building - the only residential tower east of Lake Shore Drive - this unit offers unobstructed, panoramic views of Lake Michigan and Navy Pier. Inside, you'll find a recently updated and thoughtfully designed home. The spacious, open kitchen features Nero Marquina quartz countertops and backsplash, and custom...Welcome to Unit 5205 at Lake Point Tower - a stunning 1 bed, 1 bath residence spanning an impressive 1100 square feet high above the city. Perched on the 52nd floor of this iconic, amenity-rich building - the only residential tower east of Lake Shore Drive - this unit offers unobstructed, panoramic views of Lake Michigan and Navy Pier. Inside, you'll find a recently updated and thoughtfully designed home. The spacious, open kitchen features Nero Marquina quartz countertops and backsplash, and custom cabinetry. Gorgeous hardwood floors flow throughout the bright and airy living space, where the views are unmatched. The oversized bedroom includes custom closets, and the spa-like bath offers a luxurious walk-in shower. Lake Point Tower offers true resort-style living with unmatched amenities: a 2.5-acre private park, indoor and outdoor pools, lagoon, BBQ area, racquetball/basketball courts, full health club with sauna and steam rooms, library, conference room, dry cleaners, business center, playgrounds, and more - all just steps from the lakefront path, CTA stops, and world-class dining and shopping on Michigan Avenue. Some furniture available for purchase. Welcome home!

Listing Agent

  1. Shelly Gubser

    Shelly Gubser

    Listing Agent

    Compass

    shelly.gubser@compass.com

    P: (312)-618-4146

Sold By RE/MAX SAWA

Property Details for 505 North Lake Shore Drive, Unit 5205

Area
CHI - Near North Side
Subdivision
Lake Point Tower
Township
North Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
No
Heat/Fuel
Forced Air
LISTING UPDATED: 06/20/2025 03:35 AM

Property Details for 505 North Lake Shore Drive, Unit 5205

StatusClosed
MLS #12347138
Days on Market5
Taxes$6,540 / year
HOA Fees$764 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1968
CountyCook County

Location

Add your commute

Virtual Tour

Building Information for 505 North Lake Shore Drive, Unit 5205

Building/Complex505 N Lake Shore DrFloor52Stories70Residences879Pet PolicyAllowedPet Policy DetailsCats OK,Dogs OK,Number LimitYear Built1968

Payment Calculator

$3,903 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,594

Property Taxes

$545

HOA Dues

$764

The Payment Calculator is for illustrative purposes only.

Property Information for 505 North Lake Shore Drive, Unit 5205

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Asphalt, Concrete, Circular Driveway, On Site, Leased, Attached, Garage
Pet Information
  • Max Pet Weight: 55.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
Location and General Information
  • Front Exposure: North, East, City, Lake/Water
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Common Insurance, Security System, Doorman, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Property Information
Interior Features
  • Common Area Amenities: Door Person, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park/Playground, Party Room, Sundeck, Pool-Indoors, Pool-Outdoors, Receiving Room, Restaurant, Security Door Locks, Service Elevator, Valet/Cleaner, Spa/Hot Tub
  • Num Of Rooms: 4
  • Bedrooms (Below Grade): 0
  • Bath Amenities: No Tub
  • Basement Type: None
  • Bedrooms Possible: 1
  • Air Conditioning: Wall Unit(s)
  • Flooring: Hardwood
  • Dining Room: L-shaped
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 1.0
Exterior Features
  • Pool Features: In Ground
  • Type: Condo
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Refrigerator-Bar, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
Property/Lot Information
  • Exterior Property Features: Outdoor Grill
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Type Attached: Condo
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 70
  • Total # Units in Building: 879.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick, Glass
  • General Information: None
  • North Coordinate: 505
  • South Coordinate: 0
  • East Coordinate: 500
  • West Coordinate: 0
  • Living Area Source: Assessor
  • Management: Manager On-site
  • Management Company: First Service Residential
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 4
  • Document Date: 2025-04-25T04:15:54
  • Photos Count: 19
  • 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: None
  • Master Bedroom Dimensions: 13X16
Bedroom #2 Information
  • 2nd Bedroom Level: N/A
  • Room Type: Bedroom 2
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
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: 11X10
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 10X10
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 2X2
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 14X25

Property History for 505 North Lake Shore Drive, Unit 5205

DateEvent & SourcePriceAppreciation
Jun 18, 2025

Sold

MRED #12347138

$495,000
Apr 28, 2025

Pending

MRED #12347138

Apr 28, 2025

Contingent

MRED #12347138

Apr 24, 2025

Listed (Active)

MRED #12347138

$495,000
Jun 25, 2012

Sold (Public Record)

Public Record #334625333

$355,000

+2.7% / yr

Jun 25, 2012

Sold

MRED #07893291

$355,000
Jun 4, 2012

Pending

MRED #07893291

Feb 14, 2012

Listed (Active)

MRED #07893291

$459,000
Jan 11, 2008

Cancelled

MRED #06763104

$489,900
Jan 4, 2008

Listed (Active)

MRED #06763104

$489,900
Dec 31, 2007

Expired

MRED #06607651

$489,900
Jul 16, 2007

Listed (Active)

MRED #06607651

$500,000
Mar 5, 2004

Sold (Public Record)

Public Record #132463462

$285,000
DateEvent & SourcePrice
06/18/2025

Sold

MRED #12347138

$495,000
04/28/2025

Pending

MRED #12347138

04/28/2025

Contingent

MRED #12347138

04/24/2025

Listed (Active)

MRED #12347138

$495,000
06/25/2012

Sold (Public Record)

Public Record #334625333

$355,000

+2.7% / yr

06/25/2012

Sold

MRED #07893291

$355,000
06/04/2012

Pending

MRED #07893291

02/14/2012

Listed (Active)

MRED #07893291

$459,000
01/11/2008

Cancelled

MRED #06763104

$489,900
01/04/2008

Listed (Active)

MRED #06763104

$489,900
12/31/2007

Expired

MRED #06607651

$489,900
07/16/2007

Listed (Active)

MRED #06607651

$500,000
03/05/2004

Sold (Public Record)

Public Record #132463462

$285,000

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

Public Records for 505 North Lake Shore Drive, Unit 5205

Taxable ValueLand$1,681Additions$29,318Total$30,999
Tax Record2023$6,540 ($545 / month)
Home Facts
Beds0Lot Size119,354 SqFtStyleCondominiumYear Built1968CountyCOOKAPN17-10-214-016-1182

Schools near 505 North Lake Shore Drive, Unit 5205

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
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.

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/20/2025 03:35 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.