505 North Lake Shore Drive, Unit 5006

505 North Lake Shore Drive, Unit 5006

Chicago, IL 60611

$675,000
Price
2
Beds
2
Baths
1,450 Sq. Ft.
$466 / Sq. Ft.
1,450
Sq. Ft.
$466
per Sq. Ft.
a view of a large building
a living room with furniture and large windows
a living room with furniture and a large window
a living room with furniture and a large window
a living room with furniture and large windows
a living room with furniture and floor to ceiling window
a view of a dining room with furniture window and wooden floor
a view of a dining room with furniture
a dining room with furniture water view and wooden floor
a kitchen with a sink stove and cabinets
a kitchen with stainless steel appliances a refrigerator sink and stove
a kitchen with stainless steel appliances a refrigerator and a stove top oven
an aerial view of a ocean
a view of a balcony with a stove
a sunset view with sitting space
a view of an ocean
a bedroom with a bed a large window and wooden floor
a bedroom with a bed and painting on the wall
a bathroom with a toilet sink and mirror
a bathroom with a bathtub and shower
a bedroom with a large bed and a large window
a bedroom with a bed and a window
a bathroom with a sink vanity mirror and toilet
a view of hallway with furniture and a refrigerator
a view of bathroom with shower
a utility room with washer and dryer
a view of outdoor space yard deck and swimming pool
a kitchen with kitchen island a sink stove and table
a view of a room with gym equipment
a view of a room with gym equipment
a view of a room with gym equipment
a view of a terrace
a view of a living room and dining room
a room with furniture and a flat screen tv
a room with lots of furniture and air hockey table
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a potted plant
a living room with furniture and wooden floor
a view of a room with gym equipment
a living room with furniture and a flat screen tv
a view of lake
a view of an outdoor space
a view of a roof deck with couches and potted plants
a view of street with tall trees
a view of a kitchen with stainless steel appliances
a view of a hallway with seating space
unknown
a view of a building with car parked

Description

Welcome to this bright and spacious, luxurious, urban oasis on the 50th floor of Chicago's iconic Lake Point Tower. This stunning East facing corner 2 bedroom/2 bath home offers 1,450 square feet of refined living space and boasts breathtaking unobstructed views of Lake Michigan, Navy Pier, and pristine Chicago beaches from every room through wall-to-wall windows that will leave you in awe. Relax and unwind while watching amazing sunrises, sail boats and fireworks from the comfort of your own living...Welcome to this bright and spacious, luxurious, urban oasis on the 50th floor of Chicago's iconic Lake Point Tower. This stunning East facing corner 2 bedroom/2 bath home offers 1,450 square feet of refined living space and boasts breathtaking unobstructed views of Lake Michigan, Navy Pier, and pristine Chicago beaches from every room through wall-to-wall windows that will leave you in awe. Relax and unwind while watching amazing sunrises, sail boats and fireworks from the comfort of your own living room. As you step inside, you'll be greeted with an abundance of natural light flooding in from the walls of windows that frame the remarkable vistas. Imagine waking up to the mesmerizing sunrises over Lake Michigan, setting the tone for your day in the most spectacular way. This amazing home features a white kitchen with 42" cabinets, stainless steel appliances, a large pass through with breakfast bar & a pantry closet. The generously sized main bedroom offers a spacious bath ensuite, featuring a whirlpool tub/shower combo. Freshly painted, premium custom window shades on every window, new luxury vinyl flooring throughout the living space and bedrooms, convenient in-unit laundry and a separate storage locker included. Newly furnished, to include bedding and towels, making this beautiful home "move in ready." Lake Point Tower is not just a residence; it's a Chicago landmark, an architectural masterpiece, and a lifestyle. This iconic building, completed in 1968, was designed by the renowned architect John Heinrich and stands as a testament to Chicago's rich architectural history. It was the world's tallest apartment building when constructed and remains one of the most sought-after addresses in the city. 505 N. Lake Shore Dr. is steeped in history and located in the heart of Streeterville, an area renowned for its vibrant culture and proximity to many of the city's most famous landmarks. Navy Pier, just steps away, has been an integral part of Chicago's history for over a century, offering entertainment, dining, and cultural experiences. The Lake Michigan shoreline, a backdrop to your everyday life, is a reminder of Chicago's historical connection to the Great Lakes. Living in Lake Point Tower means being part of a community with a rich legacy in Chicago's real estate landscape. This remarkable building boasts 5-star amenities including 24hr door staff, indoor & outdoor pools, state of the art fitness center, sauna & steam rooms, 2 hot tubs, racquetball/basketball/pickleball court, business center, mini grocery store, 2.5 acre private park with grilling area, community room, dry cleaners, restaurant, children's play areas, beauty salon, library & dog wash station providing residents with an unparalleled urban retreat. The amazing Streeterville location makes it easy to enjoy walking or biking along the Lake, dining at nearby restaurants & shopping on Michigan Ave. Easy access to Navy Pier, public transportation, Lake Shore Drive, downtown Chicago & grocery stores. Parking is available for rent or for purchase. Experience the epitome of Chicago living at 505 N Lake Shore Dr, Unit 5006, where breathtaking views, modern updates, and a connection to the city's history converge. This is your opportunity to own a piece of Chicago's iconic skyline and history. Don't miss out on this exceptional urban sanctuary.
  1. Listed by Michael Frank • Keller Williams Preferred Realty
  2. Listed by James Frank • Keller Williams Preferred Realty

Property Details for 505 North Lake Shore Drive, Unit 5006

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
Num of Interior Fireplaces
0

Location

Listing Courtesy of Keller Williams Preferred Realty
Add your commute
LISTING UPDATED: 04/30/2024 12:06 AM

Property Details for 505 North Lake Shore Drive, Unit 5006

StatusActive
MLS #12018140
Days on Market10
Taxes$10,901 / year
HOA Fees$1,225 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1968
CountyCook County

Location

Listing Courtesy of Keller Williams Preferred Realty
Add your commute

Building Information for 505 North Lake Shore Drive, Unit 5006

Building/Complex505 N Lake Shore DrFloor50Stories70Residences758Pet PolicyAllowedYear Built1968

Payment Calculator

$5,817 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

$908

HOA Dues

$1,225

The Payment Calculator is for illustrative purposes only.

Property Information for 505 North Lake Shore Drive, Unit 5006

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: Garage Door Opener(s), Heated
  • Garage On Site: true
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Highest Parking Fee: $330.00
  • Lowest Parking Fee: $275.00
  • 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: Elevator, Laundry Hook-Up in Unit, Storage
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park/Playground, Party Room, Pool-Indoors, Pool-Outdoors, Receiving Room, Restaurant, Sauna, Service Elevator, Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Patio, Water View
  • Num Of Rooms: 5
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 50
  • Bath Amenities: Whirlpool
  • Basement Type: None
  • Bedrooms Possible: 2
  • Air Conditioning: Window/Wall Units - 3+, Zoned
  • Electric: 200+ Amp Service
  • Basement Description: None
  • Dining Room: L-shaped
  • Basement Bathrooms: No
  • Room Type: Foyer
  • Num of Baths: 2.0
Exterior Features
  • Type: Condo,High Rise (7+ Stories)
Utilities / Equipment
  • Sewer: Sewer-Public, Sewer-Storm
  • Water: Lake Michigan, Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
Property/Lot Information
  • Exterior Property Features: Pool In-Ground, Storms/Screens, Outdoor Grill, End Unit, Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • 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, Pond, Water View
  • Lot Dimensions: COMMON
  • Stories Total: 70
  • Total # Units in Building: 758.0
  • Waterfront: Yes
  • Disability Access and/or Equipped: Yes
  • Driveway: Concrete,Circular
  • Exterior Building Type: Glass, Clad Trim
  • Roof Type: Other
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier, Reinforced Caisson
  • General Information: Commuter Bus
  • North Coordinate: 505
  • South Coordinate: 0
  • East Coordinate: 500
  • West Coordinate: 0
  • Accessibility Features: Door Width 32 Inches or More, Lever Door Handles, Entry Slope less than 1 foot, No Interior Steps
  • Living Area Source: Landlord/Tenant/Seller
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 3
  • Document Date: 2024-04-11T19:23:25
  • Photos Count: 56
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Green Features
  • Green Energy Efficient: Roof
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 18X12
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 17X13
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: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 26X15
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 9X9

Property History for 505 North Lake Shore Drive, Unit 5006

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 5006

Taxable ValueLand$2,871Additions$50,127Total$52,998
Tax Record2022$10,901 ($908 / month)
Home Facts
Beds0Lot Size119,354 SqFtStyleCondominiumYear Built1968CountyCOOKAPN17-10-214-016-1205

Schools near 505 North Lake Shore Drive, Unit 5006

This home is within City Of Chicago School District 299.
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 - 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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More information about 505 North Lake Shore Drive, Unit 5006, Chicago, IL 60611

505 North Lake Shore Drive, Unit 5006 is a condo for sale in Chicago, IL 60611. This property was listed for sale on April 24, 2024 by Keller Williams Preferred Realty, it's currently listed at $675,000. It has been on the market for a total of 10 days and was last sold on February 28, 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 5006 is a 2-bed, 2-bath, 1,450 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.

Listing Courtesy of Keller Williams Preferred 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 04/30/2024 12:06 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.