505 North Lake Shore Drive, Unit 5208

Chicago, IL 60611

$385,000
Last Sold Price
1
Beds
1
Bath
1,100 Sq. Ft.
$350 / Sq. Ft.
1,100
Sq. Ft.
$350
per Sq. Ft.

Description

Situated in one of Chicago's most Iconic buildings, Lake Point Tower, is this spacious 52nd floor unit with breath-taking views abound. The entire property is adorned by floor-to-ceiling windows, which allows for unobstructed views of Lake Michigan and the city skyline from every room. The expansive open floor plan flows throughout, creating a great room atmosphere between the living room, dining room and kitchen. The kitchen features quartz countertops, natural stone backsplash, island with breakfast...Situated in one of Chicago's most Iconic buildings, Lake Point Tower, is this spacious 52nd floor unit with breath-taking views abound. The entire property is adorned by floor-to-ceiling windows, which allows for unobstructed views of Lake Michigan and the city skyline from every room. The expansive open floor plan flows throughout, creating a great room atmosphere between the living room, dining room and kitchen. The kitchen features quartz countertops, natural stone backsplash, island with breakfast bar and an abundance of storage space. The master suite is a peaceful retreat with wall of windows, spacious walk-in closet and spa-like bathroom with glass shower surround and custom tilework. The convenient in-unit washer and dryer completes the unit. Truly move-in ready with all of the updates and features one could desire. Lake Point Tower is a full amenity building, complete with 24 hour front desk, indoor and outdoor pools, fitness room, storage rooms, racket ball court and business center. Walk out and immediately explore the lake front, parks, restaurants, shops and Navy Pier. Valet rental parking available separately.

Property Details for 505 North Lake Shore Drive, Unit 5208

Area
CHI - Near North Side
Subdivision
Lake Point Tower
Township
North Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Cars
1.0
Parking Included in Price
No
Num of Interior Fireplaces
0

Location

Add your commute
LISTING UPDATED: 09/27/2023 03:00 AM

Property Details for 505 North Lake Shore Drive, Unit 5208

StatusClosed
MLS #11487606
Days on Market409
Taxes$6,836 / year
HOA Fees$756 / 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 5208

Building/Complex505 N Lake Shore DrFloor52Stories70Residences875Pet PolicyAllowedYear Built1968

Payment Calculator

$3,427 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$570

HOA Dues

$756

The Payment Calculator is for illustrative purposes only.

Property Information for 505 North Lake Shore Drive, Unit 5208

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
  • Highest Parking Fee: $275.00
  • Lowest Parking Fee: $275.00
  • Parking: Garage
Pet Information
  • Max Pet Weight: 30.0
  • Pet Information: Cats OK, Deposit Required, 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: Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Storage, Health Club, On Site Manager/Engineer, Park/Playground, Party Room, Sundeck, Pool-Indoors, Pool-Outdoors, Receiving Room, Sauna, Security Door Locks, Service Elevator, Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Private Laundry Hkup, Water View
  • Num Of Rooms: 4
  • Bedrooms (Below Grade): 0
  • Unit Floor Level: 52
  • Basement Type: None
  • Bedrooms Possible: 1
  • Air Conditioning: Window/Wall Units - 3+, Zoned
  • Electric: Circuit Breakers, 100 Amp Service
  • Basement Description: None
  • Dining Room: Combined w/ LivRm
  • Room Type: Foyer, Walk In Closet
  • 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, Washer, Dryer, Disposal
  • Other Equipment: TV-Cable, Fire Sprinklers
Property/Lot Information
  • Exterior Property Features: Pool In-Ground, Outdoor Grill
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2016
  • 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, Water View
  • Lot Dimensions: COMMON
  • Stories Total: 70
  • Total # Units in Building: 875.0
  • Other Structures: Tennis Court(s)
  • Zero Lot Line: Yes
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Glass
  • Roof Type: Tar and Gravel
  • Foundation Details: Reinforced Caisson
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 550
  • South Coordinate: 0
  • East Coordinate: 500
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Assessor Square Footage: 0
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 2
  • Document Date: 2022-08-09T21:08:17
  • Photos Count: 52
  • Rural: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 08-09-2022
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: 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: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 11X11
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 5X5
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 27X25
Walk In Closet 1 Information
  • Room Level: Main
  • Room Type: Walk In Closet
  • Deck Dimensions: 06X05
Foyer Information
  • Room Level: Main
  • Room Type: Foyer
  • Deck Dimensions: 10X08

Property History for 505 North Lake Shore Drive, Unit 5208

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 5208

Taxable ValueLand$1,825Additions$32,174Total$33,999
Tax Record2022$6,290 ($524 / month)
Home Facts
Beds0Lot Size119,354 SqFtStyleCondominiumYear Built1968CountyCOOKAPN17-10-214-016-1179

Schools near 505 North Lake Shore Drive, Unit 5208

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.

Similar Homes

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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. 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 09/27/2023 03:00 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.