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$414,999   Price Analysis
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505 N Lake Shore Dr Apt 2017
Chicago, IL 60611
1 bed 1 bath 706 SqFt ($587/SqFt)
Built 1968
Listed 2024-05-24, HOA $548, Taxes $4,156
Ⓧ USDA Ineligible
due to location

near Chicago

This dazzling

Sought-after tier offers stunning West, North and East views of the entire city. Enjoy breathtaking day and night panoramas from the iconic Lake Point Tower, the residential building east of Lake Shore Drive. With easy access to highways and public transportation and close proximity to shopping, cinemas and restaurants, convenience is at your doorstep. This full-amenity building features a unique 2.5-acre private park on the third floor, complete with an outdoor pool, grills, wterfalls, a pond and a children's play area.

Additional amenities include an indoor pool, hot tubs, a racquetball court, a state-of-the-art workout room, a community room, a business center, a 24-hour doorperson, cleaners, laundry facilitie s, a bike room and storage lockers. Just steps from Navy Pier, this gem offers easy access to Lake Shore Drive and the best of the city. Come and see this incredible opportunity for yourself!


Presented by EDUARDO GARCIA, Agent at
Realty of Chicago LLC.
Listing Agent Photo

Property MLS #12008458 from MRED

Bedrooms: 1
Bedrooms Possible: 1
Primary Bedroom Dimensions: 15 x 12
Primary Bedroom Level: Main

Total Rooms: 4
Foyer
Entry Foyer Dimensions: 5 x 13
Living Room Dimensions: 15 x 12
Entry Foyer Level: Main
Living Room Level: Main
Exercise Room: Yes

Total Bathrooms: 1
Full Bathrooms: 1

Yes

Cooling Features: Window/Wall Units - 2
Fireplace Features: Electric
Heating Features: Electric
Number of Fireplaces: 1

Dining Area Level: Main
Kitchen Dimensions: 8 x 13
Kitchen Level: Main

Flooring: Carpet

Lot Description: Lake Front, Water View, Outdoor Lighting, Views, Sidewalks

Driveway: Concrete, Circular
Garage Description: Attached
Garage Features: Heated

Association: Yes
Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center
Association Fee: 548
Association Fee Frequency: Monthly
Association Fee Includes: Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Calculated Total Monthly Association Fees: 548
Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
Cats Allowed: Yes
Dogs Allowed: Yes

Elementary School: Ogden Elementary
Elementary School District: 299
High School: Wells Community Academy Senior H
High School District: 299

Ogden Elementary School is a public elementary and middle school located approximately 1.1 miles away.
directions icon Map directions

Wells Community Academy High School is a public high school located approximately 2.9 miles away.
directions icon Map directions

Gems World Academy Chicago is a private elementary, middle and high school located approximately 0.5 miles away.
directions icon Map directions

Doorman: Yes

Annual Tax Amount: 4936.18
Source Listing Status: Active
County: Cook
Directions: Grand Ave East of Lake Shore Drive
Tax Year: 2022
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Source Neighborhood: Lake Point Tower
Parcel Number: 17102140161573
Subdivision: Lake Point Tower
Township: North Chicago
Management Company: First Service Residential
Property Subtype: Attached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$22,714 + $1,285
$23,999
$4,156
2020$22,282 + $990
$23,272
$4,493
2019$24,276 + $990
$25,266
$5,076
2018$24,276 + $990
$25,266
$4,990
2017$21,696 + $844
$22,540
$4,852
2016$21,696 + $844
$22,540
$4,514
2015$21,696 + $844
$22,540
$4,130
2014$21,899 + $660
$22,559
$4,185
2013$21,899 + $660
$22,559
$4,102
2012$21,899 + $660
$22,559
$4,048
2011$21,205 + $733
$21,938
$3,554
2010$21,205 + $733
$21,938
$3,569
2009$23,519 + $733
$24,252
$3,781
2007$20,040 + $2,140
$22,180
$3,150
2006$20,040 + $2,140
$22,180
$3,184

Listed 2024-05-24
$414,999
MRED
Listing removed 2024-03-18
$425,000
MRED
Listed 2023-11-06
$425,000
MRED
Listing removed 2023-01-13
$409,000
MRED
Listing removed 2022-12-31
$3,700
MRED
Price Changed for rent 2022-11-15
$3,700
MRED
Listed 2022-11-14
$409,000
MRED
Listing removed 2022-11-14
$419,000
MRED
Listed 2022-10-20
$419,000
MRED
Listing removed 2022-10-20
$425,000
MRED
Listed for rent 2022-10-20
$4,000
MRED
Listed 2022-10-09
$425,000
MRED
Listing removed 2022-10-05
$459,999
MRED
Relisted 2022-09-21
$459,999
MRED
Listing removed 2022-09-20
$475,000
MRED
Listed 2022-08-31
$475,000
MRED
Sold 2021-10-26
$299,000
MRED
Sold 2018-04-24
$285,000
MRED
Listed 2018-02-26
$285,000
MRED

Total Square Feet Living: 706
Year Built: 1968
Property Age: 56
Levels or Stories: 70
Structure Type: Condo, High Rise (7+ Stories)

Sewer: Public Sewer
Water Source: Lake Michigan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.