Closed

$515,000

505 Lake Shore Drive, Chicago, IL 60611
1 Beds1 Baths0 sqft26 days
505 Lake Shore Drive·Chicago, IL 60611
1Bedrooms
1Bathrooms
0Sq Ft
1968Year Built
About This Home

Absolutely Breathtaking HIGH-END Custom Gut Rehab of an Oversized 1 Bedroom, 1 Bathroom Condo in the Prestigious Lake Point Tower. The 65th Floor is the Highest Floor in the Building for these Gigantic 1 Bedrooms Sitting at Roughly 1,100 Square Feet. This High Floor South Facing Condo Features Absolutely STUNNING Unobstructed, Panoramic Views of Lake Michigan and the City Skyline - All the way down to Soldier Field and Beyond. This Home Was a Complete Gut Rehab, Completely Opening Up the Floor Plan, with High End Finishes Throughout. The Custom Chef's Kitchen was Opened Up & Expanded with White & Grey Dual Toned Soft Close Cabinetry Including Built-In Pantry Space, An Oversized Island to Gather at with Gorgeous Quartz Countertops featuring a Waterfall Edge, Stainless Steel Appliance Package Including a Wine Fridge & a Marble Tile Backsplash with Undercabinet Lighting. Additional Deep Pantry Storage Adjacent to Kitchen + a Tankless Water Heater Just for the Kitchen. The Bathroom is a Spa-Like Experience with a Custom Floating Vanity with Motion Sensor Floor Lighting & a LED Lighted Mirror, Custom Built Glass Walk-In Shower with Oversized Porcelain Tile, A Custom Make-Up Vanity, Heated Towel Bar & Sleek Motion Sensor Toilet with Heated Seat & Bidet Features. Entire Condo with Wide-Plank Oak Flooring with Espresso Finish. All 8 Oversized Windows with Electric Solar Shades for Optimal Convenience. Entire Home Wired For Speakers & Wall Mounted TV's + Additional High-Tech Wiring Throughout. This Unit has an Abundance of Closets Including Deep Walk-In Closet in Entry + Another Deep Walk-In Bedroom Closet. Laundry Hook-Up Already Installed (Just no Machine). Storage Locker is Included. Prime 1st Floor Heated Parking Spot with Charging Station Available for Additional $80k. Within this Prestigious Building, a World of Amenities Awaits...The 3rd Floor Features a 2.5 Acre Park Equipped with an Outdoor Pool, Playground & a Serene Lagoon with a Waterfall Feature and Outdoor Grills. Inside You'll Find on the 2nd Floor an Oversized Community Room, Business Center + Library, Health Club with both Sauna and Steam Rooms, an Indoor Pool with 2 Hot Tubs & a Racquetball Court that Doubles as a Pickleball Court. The Ground Level Greets You with 24 Hour Doorstaff, On-Site Convenience Store and Newly Added Dog Wash Station. Enjoy Living in THE ONLY Residence East of Lake Shore Drive with the Convenience of Lake Michigan and All it has to Offer Right Outside Your Front Door!

MLS# 12056735Listed May 15, 2024Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories70
Garage Spaces1
Fireplaces0
Year Built1968
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
Zip Code60611

Financial

List Price$515,000
Annual Taxes (2022)$6,701
Monthly Tax Est.$558
Parcel #17102140161023
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorHigh End RefrigeratorDisposalStainless Steel Appliance(s)Wine RefrigeratorCooktopOven

Flooring

Hardwood

Heating

Electric

Cooling

Wall Unit(s)Zoned

Basement

None

Laundry

Washer HookupIn UnitCommon AreaMultiple Locations
Exterior & Lot

Construction

BrickGlass

Exterior Features

Hot TubRoof DeckDog RunOutdoor GrillDoor Monitored By TV

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Heated GarageOn SiteDeededAttachedGarage
HOA & Community
HOA Fee
$844
Monthly

HOA Includes

WaterInsuranceDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonCommissaryElevator(s)Exercise RoomStorageHealth ClubOn Site Manager/EngineerParkParty RoomSundeckIndoor PoolPoolReceiving RoomRestaurantSaunaSecurity Door Lock(s)Service Elevator(s)Steam RoomValet/CleanerSpa/Hot TubBusiness Center
Tax & Financial
Annual Taxes
$6,701
Tax Year 2022
Monthly Tax Est.
$558
per month
Property Location

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

$515,000
505 Lake Shore Drive
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
26 days on market
1-car garage
COMMON
$6,701/yr taxes
$844 HOA (monthly)
$4,109
estimated monthly payment
Principal & Interest
$2,707/mo
Property Tax
$558/mo
HOA
$844/mo
$515,000
20% — $103,000
3%50%
6.875%
3%12%
Loan Amount
$412,000
Down Payment
$103,000

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

Listed by
Dream Town Real Estate
Agent: Lauren Shimmon
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