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505 N Lake Shore Drive Unit 2507-06

Chicago, IL 60611

3 beds
3 baths
3,000 sqft
$441 per sqft
1968 build
– on site

Step into the epitome of luxury living in Chicago's most iconic lakefront building, Lake Point Tower-the only residential building east of Lake Shore Drive. This combined double end unit on the 25th floor boasts 3,000 square feet of living space with views of Lake Michigan and Chicago from every room. Your new lifestyle begins immediately when you move into this fully furnished condo that includes comfortable appointments for each room. The well thought out floor plan includes wall-to-wall windows that brighten all living spaces and each of the 3 bedrooms. The kitchen is appointed with white cabinets and Corian counters that extend into a large dining area with barstool seating. A new refrigerator was installed in 2022. A new laundry pair has also been added to the adjacent walk in pantry. The primary suite features ample closets as well as walk behind customized built storage. The ensuite bath features a spacious shower and soaking tub, 2 marble vanity areas, and a private toilet/bidet. The second bedroom is spacious and includes an ensuite full bathroom. The 3rd spacious bedroom has been set up for a convenient home office. This sale will also include a 2-car tandem deeded parking space very close to the heated garage entrance. Two additional storage cages are also assigned to the unit and located on the 2nd floor. Lake Point Tower living includes an unmatched suite of amenities, including outdoors a 2.5-acre private park with landscaped grounds, BBQ grilling area, and playground. Inside find access to the indoor and outdoor pools, and a fully equipped health club on-site. There is 24-hour security, valet parking, and concierge services. Additional on-site conveniences include a business center, meeting rooms, a community lounge for work or relaxation, dry cleaners, hair salon, convenience store, and more. This residence truly offers the rare combination of luxury and location. Whether you're looking for a turnkey investment or a second home in the city, this property checks every box. Property being sold as-is with furniture (furniture included at no additional value).

Listing courtesy of MRED / Coldwell Banker Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 27, 2024 •

MLS# 12212540 —

The Building

Year Built:

1968
Rebuilt:

No
New Construction:

false
Roof:

Other
Basement:

None
Foundation Details:

Concrete Perimeter, Pillar/Post/Pier, Reinforced Caisson
Exterior Features:

Patio, Hot Tub, In Ground Pool, Outdoor Grill, End Unit, Cable Access
Disability Access:

No
Other Equipment:

TV-Cable, CO Detectors, Ceiling Fan(s)
Stories Total:

70
Living Area Source:

Estimated

Interior

Room Type:

Foyer
Rooms Total:

7
Interior Features:

Sauna/Steam Room, Bar-Wet, Elevator, Laundry Hook-Up in Unit, Storage, Built-in Features, Open Floorplan, Some Carpeting, Dining Combo, Doorman, Drapes/Blinds, Health Facilities, Lobby, Some Wall-To-Wall Cp
Laundry Features:

Electric Dryer Hookup, In Unit, Laundry Closet

Room Dimensions

Living Area:

3000

Location

Directions:

LAKE SHORE DR TO ILLINOIS TO GRAND ENTRANCE
Location:

23076

The Property

Parcel Number:

17102140161499
Property Type:

Residential
Location:

O
Lot Features:

Common Grounds, Lake Front, Landscaped, Park Adjacent, Pond(s), River Front, Water View, Views, Waterfront
Lot Size Dimensions:

COMMON
Rural:

N
Waterfront:

true
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

21737

Beds

Bedrooms Total:

3
Bedrooms Possible:

3

Baths

Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Special Listing Conditions:

Probate Listing

Heating & Cooling

Heating:

Electric
Cooling:

Window/Wall Units - 3+

Utilities

Sewer:

Public Sewer
Electric:

Circuit Breakers, 200+ Amp Service
Water Source:

Lake Michigan

Appliances

Appliances:

Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Electric Oven

Schools

Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

The Community

Subdivision Name:

Lake Point Tower
Pets Allowed:

Cats OK, Dogs OK, Number Limit, Size Limit
Association Amenities:

Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Laundry, Public Bus, Picnic Area, Private Indoor Pool, Private Inground Pool, Private Laundry Hkup, Water View
Association Fee:

2450
Association Fee Includes:

Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Association Fee Frequency:

Monthly
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Garage Type:

Attached
Garage Spaces:

2
Garage Onsite:

Yes
Garage Ownership:

Owned

Monthly cost estimate

Asking price

$1,325,000

Expense	Monthly cost
Mortgage	$7,094
Taxes	$1,811
Insurance	$364
HOA fees	$2,450
Utilities	$176 See report
Total	$11,895/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
12/2/24 Dec 2, 2024	Listed / Active	MRED	$1,325,000

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This condo located in Downtown, Chicago, IL 60611 is currently for sale for $1,325,000. 505 N Lake Shore Drive Unit 2507-06 is a 3,000 square foot condo with 3 beds and 3 baths that has been on Estately for 36 days. 505 N Lake Shore Drive Unit 2507-06 is in the Downtown neighborhood of Chicago and has a WalkScore® of 85, making it very walkable. This condo is in the attendance area of Ogden Elementary School and Wells Community Academy High School.

Listing courtesy of MRED, Coldwell Banker Realty, and David Albrecht as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Dec 27, 2024, 02:00 pm. 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.