505 North Lake Shore Drive, Unit 1001

Chicago, IL 60611

$399,999
Price
1
Beds
1
Bath
1,100 Sq. Ft.
$364 / Sq. Ft.
1,100
Sq. Ft.
$364
per Sq. Ft.

Description

Welcome to Lake Point Tower, one of Chicago's iconic buildings. This great Streeterville location is steps from Lake Michigan and Navy Pier. This rarely available large 1 bed/ 1 bath preferred "01" tier has million dollar lake and city views from every room and offers amazing sunsets and tons of natural light. The condo features an open floor plan that includes recently added hardwood floors throughout, kitchen has custom cabinets, a large breakfast bar and stainless steel appliances. Separate dining...Welcome to Lake Point Tower, one of Chicago's iconic buildings. This great Streeterville location is steps from Lake Michigan and Navy Pier. This rarely available large 1 bed/ 1 bath preferred "01" tier has million dollar lake and city views from every room and offers amazing sunsets and tons of natural light. The condo features an open floor plan that includes recently added hardwood floors throughout, kitchen has custom cabinets, a large breakfast bar and stainless steel appliances. Separate dining room off of the kitchen/ living room. The spacious living room has a wall of windows that looks directly at the lake and city which is perfect for entertaining or just relaxing. The huge bedroom has a large walk-in closet. Tons of closet space/ storage in the condo and also comes with an additional storage locker within the building. Full amenity building with 24-hour door staff, 1 indoor and 1 outdoor pool, full health club, 2.5 acre park, a library, business center, and more. This condo is perfect for a primary residence or an in-town. Awesome Streeterville location! Close to Lake Michigan, Navy Pier, Michigan Ave shopping, highways, and award winning restaurants. Rental parking available in the building.

Listing Agents

  1. Chris Bauer

    Chris Bauer

    Alternative Listing Agent

    Compass

Property Details for 505 North Lake Shore Drive, Unit 1001

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
Electric

Location

Add your commute
LISTING UPDATED: 05/01/2024 12:07 AM

Property Details for 505 North Lake Shore Drive, Unit 1001

StatusActive
MLS #12038484
Days on Market10
Taxes$5,532 / year
HOA Fees$741 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1968
CountyCook County

Location

Add your commute

Building Information for 505 North Lake Shore Drive, Unit 1001

Building/Complex505 N Lake Shore DrFloor10Stories70Residences758Pet PolicyAllowedYear Built1968

Payment Calculator

$3,385 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$461

HOA Dues

$741

The Payment Calculator is for illustrative purposes only.

Property Information for 505 North Lake Shore Drive, Unit 1001

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Ogden Elementary
  • Jr High Middle School: Ogden Elementary
  • High School District: 299
  • High School: Wells Community Academy Senior H
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Heated
  • Garage On Site: true
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
Pet Information
  • Max Pet Weight: 55.0
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Hardwood Floors, Storage, Walk-In Closet(s)
  • Common Area Amenities: Door Person, Coin Laundry, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park/Playground, Party Room, Sundeck, Pool-Indoors, Pool-Outdoors, Receiving Room, Sauna, Service Elevator
  • Num Of Rooms: 4
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 10
  • Bath Amenities: Soaking Tub
  • Basement Type: None
  • Bedrooms Possible: 1
  • Air Conditioning: Window/Wall Units - 3+
  • Basement Description: None
  • Dining Room: Separate
  • Basement Bathrooms: No
  • Room Type: Foyer
  • Num of Baths: 1.0
Exterior Features
  • Type: Condo,High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
Property/Lot Information
  • 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 Dimensions: COMMON
  • Stories Total: 70
  • Total # Units in Building: 758.0
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Glass
  • General Information: Commuter Bus,Interstate Access
  • North Coordinate: 505
  • South Coordinate: 0
  • East Coordinate: 500
  • West Coordinate: 0
  • Living Area Source: Estimated
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 29
  • Rural: N
  • OpenHouse Count: 1
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: 17X13
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: 13X12
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 17X12
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 23X10
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 12X7

Property History for 505 North Lake Shore Drive, Unit 1001

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 1001

Taxable ValueLand$1,677Additions$29,321Total$30,998
Tax Record2022$5,532 ($461 / month)
Home Facts
Beds0Lot Size119,354 SqFtStyleCondominiumYear Built1968CountyCOOKAPN17-10-214-016-1769

Schools near 505 North Lake Shore Drive, Unit 1001

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 10 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
Charter10 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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505 North Lake Shore Drive, Unit 1001 is a condo for sale in Chicago, IL 60611. This property was listed for sale on April 25, 2024 by Compass, it's currently listed at $399,999. It has been on the market for a total of 10 days and was last sold on February 24, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Ogden Elementary School, Wells Community Academy High School and Muchin College Prep. 505 North Lake Shore Drive, Unit 1001 is a 1-bed, 1-bath, 1,100 sqft condo built in 1968.

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. 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.

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 05/01/2024 12:07 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.