ClosedPrice Reduced

$899,500

$955,000
505 Lake Shore Drive, Chicago, IL 60611
3 Beds2 Baths0 sqft240 days
505 Lake Shore Drive·Chicago, IL 60611
3Bedrooms
2Bathrooms
0Sq Ft
1968Year Built
About This Home

Welcome home to a smartly designed 1800 square foot, 3 Bedroom/2 Bath residence with many new upgrades. Enjoy unobstructed north, west, and east views, with 14 windows that engulf the space with natural sunlight, looking out at Chicago's enchanting city and lake views. New wide plank blond flooring (Summer 2024) runs throughout the home. The expansive living and dining area is a beautiful gathering space. A large open kitchen with an extensive amount of cabinets and white quartz countertops is a cook's dream. Stainless steel appliances and a steel hood over the stove, lots of kitchen lighting, with an extended office/seating/bar area which offers plenty of room to work and entertain. The primary bedroom suite is a comfortable room featuring stunning views down Lake Shore Drive and the lakefront and has 2 large closets, with a separate dressing area next to the bathroom. Beveled tile adorns the bathroom walls which has a full tub and shower. The bedroom next to the primary bedroom has an organized closet and serves well as a nursery or a guest room. This room's view lays the city at your feet. Across the hall is an office with doors that offers privacy and a nice work space complete with desk and file cabinets. The good sized laundry room, complete with a new LG washer/dryer, and ample cabinet space, adds more storage to the condo. The front bedroom features a super large closet and the continuation of the breathtaking city and lake views. Across the hallway, a stylish bathroom mirrors the primary bath's luxury beveled tiles and a new white vanity cabinet and large sink with a quartz countertop and a super large mirror and medicine cabinet. 3 new HVAC units, 2 new water heaters, restored window boxes, New washer and dryer, new stovetop and oven, all done summer 2024. The residence includes two storage units downstairs. Owner also rents a convenient large storage closet in the hallway next to the apartment from the condo association. Iconic Lake Point Tower is within walking distance to Michigan Avenue, The Riverwalk, Lakefront walk/bike paths, Ohio Street Beach, fantastic restaurants, nightlife, parks, playgrounds, and all the amenities that make Chicago's lakefront living exceptional. Full amenity building: 24-hour door staff / 24-hour valet parking, a restaurant, convenience mart, hair salon, package delivery room, dry cleaners, indoor dog run (by dock) and doggy daycare facilities with overnight boarding | upscale private gym, health club with indoor pool, 2 hot tubs, racquetball court, locker rooms with steam room and sauna. Bike room. Business center w/ PCs, printer, & private meeting room. Large community room w/ free ice, piano, TV, and a pool table. Management office. Laundry facilities. | The oldest green roof in Chicago is on the 3rd floor- fully renovated 2025 outdoor pool, unique 2.5 acre park with beautifully landscaped grounds, lagoon pond and waterfall, BBQ grill area, and children's playground. Very active Social Committee with many events throughout the year Including the Air and Water Show, Halloween Party and Holiday Party. | Additional information on the home remodel details available upon request. Please note that owner self parks and rents parking space from another owner in the building.

MLS# 12363280Listed May 14, 2025Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms7

Size & Structure

Living Area0 sqft
Stories1
Garage Spaces0
Year Built1968
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
Zip Code60611

Financial

List Price$899,500
Original Price$955,000
Annual Taxes (2024)$11,920
Monthly Tax Est.$993
Parcel #17102140161645
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalCooktopRange HoodElectric CooktopElectric Oven

Heating

Electric

Cooling

Wall Unit(s)

Basement

None

Laundry

Electric Dryer HookupIn Unit
Exterior & Lot

Construction

Glass

Exterior Features

Dog RunOutdoor Grill

Lot Features

Landscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerHeated GarageYesLeasedAttachedGarage
HOA & Community
HOA Fee
$1,376
Monthly

HOA Includes

WaterInsuranceSecurityDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonCommissaryElevator(s)Exercise RoomStorageHealth ClubOn Site Manager/EngineerParkParty RoomSundeckIndoor PoolPoolReceiving RoomRestaurantSaunaService Elevator(s)Steam RoomValet/CleanerSpa/Hot TubBusiness CenterLaundry

Community Features

Park
Schools
Elementary
Ogden International
District: 299
Tax & Financial
Annual Taxes
$11,920
Tax Year 2024
Monthly Tax Est.
$993
per month
Price Reduced by $55,500
Original list price: $955,000
Property Location

505 Lake Shore Drive, Chicago, IL 60611 — Cook County

$899,500
505 Lake Shore Drive
3 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
240 days on market
0-car garage
COMMON
$11,920/yr taxes
$1,376 HOA (monthly)
Price reduced $55,500
$7,097
estimated monthly payment
Principal & Interest
$4,727/mo
Property Tax
$993/mo
HOA
$1,376/mo
$899,500
20% — $179,900
3%50%
6.875%
3%12%
Loan Amount
$719,600
Down Payment
$179,900

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Victoria Jader
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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