Step into the epitome of luxury living in Chicago's most iconic lakefront building, Lake Point Tower-the only residential building east of Lake Shore Drive. This combined double end unit on the 25th floor boasts 3,000 square feet of living space with views of Lake Michigan and Chicago from every room. Your new lifestyle begins immediately when you move into this fully furnished condo that includes comfortable appointments for each room. The well thought out floor plan includes wall-to-wall windows that brighten all living spaces and each of the 3 bedrooms. The kitchen is appointed with white cabinets and Corian counters that extend into a large dining area with barstool seating. A new refrigerator was installed in 2022. A new laundry pair has also been added to the adjacent walk in pantry. The primary suite features ample closets as well as walk behind customized built storage. The ensuite bath features a spacious shower and soaking tub, 2 marble vanity areas, and a private toilet/bidet. The second bedroom is spacious and includes an ensuite full bathroom. The 3rd spacious bedroom has been set up for a convenient home office. This sale will also include a 2-car tandem deeded parking space very close to the heated garage entrance. Two additional storage cages are also assigned to the unit and located on the 2nd floor. Lake Point Tower living includes an unmatched suite of amenities, including outdoors a 2.5-acre private park with landscaped grounds, BBQ grilling area, and playground. Inside find access to the indoor and outdoor pools, and a fully equipped health club on-site. There is 24-hour security, valet parking, and concierge services. Additional on-site conveniences include a business center, meeting rooms, a community lounge for work or relaxation, dry cleaners, hair salon, convenience store, and more. This residence truly offers the rare combination of luxury and location. Whether you're looking for a turnkey investment or a second home in the city, this property checks every box. Property being sold as-is with furniture (furniture included at no additional value).
Closed
$1,125,000
505 N Lake Shore Dr #2507-06, Chicago, IL 60611
3beds
3,000sqft
Condominium, Single Family Residence
Built in 1968
-- sqft lot
$1,219,400 Zestimate®
$375/sqft
$6,897 Estimated rent
Home value
$1,219,400
$1.09M - $1.37M
$6,897/mo
Zestimate® history
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List your homeWhat's special
Bbq grilling areaFully furnished condoAmple closets
Zillow last checked:
Listing updated:
Listed by:
Dave Albrecht 630-781-2378,
Coldwell Banker Realty
Bought with:
Erica Cuneen, CIPS,GREEN,SFR,SRES
Beyond Properties Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12212540
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Foyer
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 450 Square Feet
- Dimensions: 18X25
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 260 Square Feet
- Dimensions: 13X20
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12X17
Family room
- Features: Flooring (Carpet)
- Level: Main
- Area: 728 Square Feet
- Dimensions: 26X28
Foyer
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 66 Square Feet
- Dimensions: 11X6
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Island, Custom Cabinetry, Pantry, SolidSurfaceCounter), Flooring (Ceramic Tile)
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18X14
Laundry
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8X11
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 780 Square Feet
- Dimensions: 30X26
Heating
- Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Oven, Electric Oven
- Laundry: Washer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
Features
- Sauna, Wet Bar, Elevator, Storage, Built-in Features, Open Floorplan, Dining Combo, Doorman, Health Facilities, Lobby
- Flooring: Carpet
- Windows: Drapes
- Basement: None
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 0
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Circular Driveway, Garage Door Opener, Heated Garage, Tandem, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Patio
- Exterior features: Outdoor Grill
- Pool features: In Ground
- Has spa: Yes
- Spa features: Outdoor Hot Tub
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Pond, River Front, Waterfront
Lot
- Features: Common Grounds, Landscaped, Views
Details
- Additional parcels included: 17102140161500,17102140191060
- Parcel number: 17102140161499
- Special conditions: Probate Listing
- Other equipment: TV-Cable, Ceiling Fan(s)
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Glass, Concrete, Clad Trim
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Reinforced Caisson
- Roof: Other
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Park
- Security: Carbon Monoxide Detector(s)
- Subdivision: Lake Point Tower
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Laundry, Public Bus, Picnic Area, Private Indoor Pool, Private Inground Pool, Private Laundry Hkup
- Services included: Water, Parking, Insurance, Security, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- HOA fee: $2,450 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $375/sqft
- Annual tax amount: $21,737
- Date on market: 12/2/2024
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $1,125,000-15.1%$375/sqft |
Source:  MRED as distributed by MLS GRID #12212540 Report a problem | ||
| 1/26/2025 | Contingent | $1,325,000$442/sqft |
Source: MRED as distributed by MLS GRID #12212540 Report a problem | ||
| 12/2/2024 | Listed for sale | $1,325,000$442/sqft |
Source: MRED as distributed by MLS GRID #12212540 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Streeterville
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Nearby schools
GreatSchools rating
- 4/10Ogden Elementary SchoolGrades: PK-8Distance: 1.1 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,219,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,219,400
- Illinois
- Cook County
- Chicago
- 60611
- Streeterville
- 505 N Lake Shore Dr Unit 2507-06
