Active Under ContractPrice Reduced

$815,000

$875,000
505 Lake Shore Drive, Chicago, IL 60611
2 Beds2 Baths0 sqft138 days
505 Lake Shore Drive·Chicago, IL 60611
2Bedrooms
2Bathrooms
0Sq Ft
1968Year Built
About This Home

Price Improvement! Rarely available, this expansive three-exposure corner residence at Lake Point Tower offers approximately 1,800 square feet of luxury living with unobstructed views of Lake Michigan, Navy Pier, and the Chicago skyline. Located in Chicago's only residential building east of Lake Shore Drive, this exceptional home enjoys coveted north, east, and south exposures-perfect for taking in spectacular sunrises, bi-weekly Navy Pier fireworks, and the Chicago Air & Water Show from the comfort of home. The spacious floor plan features two generously sized bedrooms and two full baths. The primary suite accommodates a king-size bed plus a sitting area and includes a walk-in closet, a new LG stacked washer and dryer, and a spa-inspired bath with heated slate floors, a multi-faucet steam shower, and a jetted infinity tub. The second bedroom is large enough for two full-size beds along with a desk or lounge area, while the nearby guest bath offers a convenient tub/shower combination. Designed for both everyday living and entertaining, the open-concept kitchen features concrete countertops, heated slate flooring, island seating, wine refrigerator, ice maker, and premium stainless-steel appliances, including a Sub-Zero refrigerator, Dacor range, and Miele dishwasher. The kitchen opens seamlessly to the living and dining areas, all surrounded by breathtaking panoramic views. Lake Point Tower offers an unmatched collection of amenities, including: - Private 2.5-acre landscaped park with lagoon, waterfall, grills, and playground - Indoor and outdoor swimming pools - State-of-the-art health club with steam rooms and saunas Racquetball and basketball courts - Library, business center, and community room - On-site dry cleaner and automated convenience store - 24-hour door staff and security - Valet parking - Just steps from the lakefront path, CTA transportation, Michigan Avenue shopping, and Chicago's finest dining, this rare corner residence combines extraordinary views, sophisticated comfort, and an incomparable lakefront lifestyle. Now offered at an improved price-schedule your private showing today.

MLS# 12650660Listed May 17, 2026ResidentialSubdivision: Lake Point Tower
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories70
Garage Spaces3
Year Built1968
Lot SizeCOMMON

Location

CountyCook
TownshipNorth Chicago
SubdivisionLake Point Tower
Zip Code60611

Financial

List Price$815,000
Original Price$875,000
Annual Taxes (2024)$11,365
Monthly Tax Est.$947
Parcel #17102140161815
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorHigh End RefrigeratorBar FridgeFreezerWasherDryerDisposalStainless Steel Appliance(s)Wine Refrigerator

Heating

ElectricRadiant Floor

Cooling

Window Unit(s)Zoned

Basement

None

Laundry

Washer Hookup

Accessibility

Hall Width 36 Inches or MoreNo Interior Steps
Exterior & Lot

Construction

GlassConcreteClad Trim

Exterior Features

Dog Run

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Electric

200+ Amp Service

Parking

Garage Door OpenerHeated GarageTandemYesDeededAttachedGarage
HOA & Community
HOA Fee
$1,293
Monthly

HOA Includes

WaterInsuranceSecurityDoormanTV/CableExercise FacilitiesPoolExterior MaintenanceLawn CareInternet
Tax & Financial
Annual Taxes
$11,365
Tax Year 2024
Monthly Tax Est.
$947
per month
Price Reduced by $60,000
Original list price: $875,000
Property Location

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

$815,000
505 Lake Shore Drive
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
138 days on market
3-car garage
COMMON
$11,365/yr taxes
$1,293 HOA (monthly)
Price reduced $60,000
$6,523
estimated monthly payment
Principal & Interest
$4,283/mo
Property Tax
$947/mo
HOA
$1,293/mo
$815,000
20% — $163,000
3%50%
6.875%
3%12%
Loan Amount
$652,000
Down Payment
$163,000

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

Listed by
@properties Christie's International Real Estate
Agent: Robert Mack
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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