505 N Lake Shore Drive Unit 5001
Chicago, IL 60611
- 2 beds
- 2 baths
- 1,450 sqft
- $482 per sqft
- 1968 build
- – on site
A stunning interior designer's dream home at the ICONIC LAKE POINT TOWER 2Bed + 2Bath (1450sqft) on the 50th floor with breathtaking unforgettable sweeping views of LAKE MICHIGAN and CHICAGO SKYLINE. This is a spacious floor plan with a contemporary chef's kitchen that features stainless steel appliances. The living room and dining room are huge and are perfectly laid out for entertaining, or enjoying Chicago sunsets from the comfort of your living room. This home also offers in unit laundry. The main bedroom is enormous with a spacious bath ensuite. A FLOOR-TO-CEILING storage locker is also included and located on the SAME FLOOR AS THE UNIT and is typically not very common. Walk or bike along Lake Michigan, enjoy restaurants, shops on Michigan Ave, easy public transportation, Convenient grocery stores all with-in steps from your door. Building offers 5-star amenities which include: 24hr door staff, indoor pool, outdoor pool, gym, sauna, business center, Mini grocery store, 2.5 acre park with grilling area, and much more. Parking available.
Last checked:
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Last updated Feb 21, 2025
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MLS# 12294162 —
The Building
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Year Built:1968
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Rebuilt:No
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New Construction:false
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Basement:None
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Exterior Features:In Ground Pool, Outdoor Grill
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Disability Access:No
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Stories Total:70
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Living Area Source:Estimated
Interior
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Room Type:No additional rooms
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Rooms Total:5
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Interior Features:Laundry Hook-Up in Unit, Storage
Room Dimensions
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Living Area:1450
Financial & Terms
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Lease Amount:$280
Location
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Directions:Lake Shore Drive to Grand Avenue.
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Location:10115
The Property
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Parcel Number:17102140161210
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Property Type:Residential
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Lot Size Dimensions:CONDO
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Waterfront:true
Listing Agent
- Contact info:
- Agent phone:
- (312) 509-1667
- Office phone:
- (312) 266-7000
Taxes
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Tax Year:2023
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Tax Annual Amount:10760.27
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Appliances
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Appliances:Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Subdivision Name:Lake Point Tower
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Pets Allowed:Cats OK, Dogs OK, Number Limit, Size Limit
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Association Amenities:Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Service Elevator(s), Business Center
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Association Fee:1210
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Association Fee Includes:Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Garage Type:Attached
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Garage Spaces:1
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Garage Onsite:Yes
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Garage Ownership:Fee/Leased
Monthly cost estimate

Asking price
$700,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,748
|
Taxes | $896 |
Insurance | $192 |
HOA fees | $1,210 |
Utilities | $135 See report |
Total | $6,181/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/19/25
Feb 19, 2025
|
Listed / Active | MRED | $700,000 | 27.3% (2.7% / YR) |
1/23/15
Jan 23, 2015
|
MRED | $550,000 |