Closed

$450,000

505 Lake Shore Drive, Chicago, IL 60611
1 Beds1 Baths0 sqft8 days
505 Lake Shore Drive·Chicago, IL 60611
1Bedrooms
1Bathrooms
0Sq Ft
1968Year Built
About This Home

Rarely available Ambassador Suite TIER 3 CORNER unit -- extensive improvements -- in Lake Point Tower with its panoramic, unobstructed lake, city, beach, and park views from floor to ceiling windows. Impressive NEW 5" red oak hardwood floors, NEW kitchen to living room pass-through, NEW full size Miele washer & Miele ventless dryer (2021). NEW 4 HVAC units (2022 & 2023). NEW high-end (Miele, Bosch and Fisher & Paykel) stainless steel kitchen appliances (2022). Freshly painted throughout (2025). Includes a storage locker. Private 2.5 acre park on 3rd fl. that offers outdoor pool, BBQ grills plus sitting area, children playground, stone waterfall, lagoon, and scenic walking trails. Enjoy 24 HOUR Door Staff and Valet Parking Service, mini grocery store, indoor pool/hot tubs, upscale fitness center, racket ball/basketball/pickleball court, steam & sauna rooms, first class business center, library, community center, laundry/dry cleaners, beauty salon, indoor children's playroom, pet care/dog run, receiving room, easy indoor access to Casa Margarita Restaurant. Steps to Navy Pier, new Navy Pier Marina, Olive Park, Ohio Street Beach, Oak Street Beach, Lakefront walking/jogging/biking path, Michigan Ave shopping and restaurants. CTA transportation across street.

MLS# 12356004Listed May 30, 2025ResidentialSubdivision: Lake Point Tower
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories70
Garage Spaces1
Year Built1968
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
SubdivisionLake Point Tower
Zip Code60611

Financial

List Price$450,000
Annual Taxes (2023)$8,439
Monthly Tax Est.$703
Parcel #17102140161551
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Electric

Cooling

Wall Unit(s)Zoned

Basement

None

Laundry

Washer HookupElectric Dryer HookupIn UnitLaundry Closet

Accessibility

Accessible EntranceAccessible Elevator InstalledAccessible Hallway(s)Central Living AreaCommon AreaVisitable
Exterior & Lot

Construction

GlassConcreteOtherClad Trim

Exterior Features

Outdoor Grill

Lot Features

Views
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

On SiteLeasedAttachedGarage
HOA & Community
HOA Fee
$972
Monthly

HOA Includes

WaterInsuranceSecurityDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow RemovalLake Rights

Association Amenities

Bike Room/Bike TrailsDoor PersonCoin LaundryCommissaryElevator(s)Exercise RoomStorageHealth ClubOn Site Manager/EngineerParkParty RoomIndoor PoolPoolReceiving RoomRestaurantSaunaSecurity Door Lock(s)Service Elevator(s)Steam RoomValet/CleanerSpa/Hot TubBusiness CenterSecurityTrail(s)

Community Features

Sidewalks
Schools
Elementary
Ogden Elementary
District: 299
Middle School
Ogden Ave Elementary School
District: 102
High School
Wells Community Academy Senior H
District: 299
Tax & Financial
Annual Taxes
$8,439
Tax Year 2023
Monthly Tax Est.
$703
per month
Property Location

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

$450,000
505 Lake Shore Drive
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
1-car garage
COMMON
$8,439/yr taxes
$972 HOA (monthly)
$4,040
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$703/mo
HOA
$972/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

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

Listed by
HomeSmart Connect
Agent: Jeanne Keiler
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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