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Off market
  • $358,300

    505 N Lake Shore Dr APT 1509, Chicago, IL 60611

    1beds
    1baths
    1,080sqft
    Condo
    Built in 1968
    -- sqft lot
    $358,300 Zestimate®
    $332/sqft
    $2,809 Estimated rent

    Home value

    $358,300

    $315,000 - $405,000

    $2,809/mo

    Zestimate® history
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    $3,162/mo

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    $3,162/mo

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    What's special

    We LOVE this place but are leaving Chicago, so this unit will become available on January 3rd. As you can see, we're pricing it aggressively to rent it within the next several days. 1509 is a corner unit with wraparound views in the living room, so you can see North, East, and South. The 09 units are definitely the best place within Lake Point Tower to view a sunrise in the morning or fireworks in the evening. We are told that 09 corner units do not come available very often for rent. The views are incredible here, and if you like seeing the lake, this is as good as it gets. We are the only building east of Lake Shore Drive, so you do not have any buildings blocking your view, and there is never a reason to even close your blinds. The amenities are what really set this building apart, though. For 9 months out of the year, my wife and I go outside early in the morning every morning to meditate in our private park near the duck pond. The grounds crew does a great job with the grass and the flowers. I do not know anywhere else downtown where we could have such peace and quiet. This is an excellent unit and thanks to it being in Lake Point Tower, it has the following perks: - Free fast internet and HD Cable TV included in the rent. - Re-modeled lounge/library in 2016 - Re-modeled business center, study area, and conference room in 2016 - Indoor pool and Jacuzzi - Outdoor pool - Full gym, dance studio, sauna, and racquetball court - 2.5 acre private park that includes a duck pond and grilling area We also have a parking spot in our indoor heated garage at an extremely good price if you are interested in that as well. Please let us know as soon as you can if you are interested, as we would like to get this rented quickly.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,080 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • On waterfront: Yes
    Lot
    • Size: 2.74 Acres
    Details
    • Parcel number: 17102140161671

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1968

    Community & HOA

    Community
    • Features: Doorman, Fitness Center
    HOA
    • Has HOA: Yes
    • HOA fee: $590 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $332/sqft
    • Tax assessed value: $392,280
    • Annual tax amount: $7,881

    Price history

    DateEventPrice
    12/10/2016Listing removed$2,050-48.4%$2/sqft
    Source: Zillow Rental Manager Report a problem
    3/20/2015Listing removed$3,975$4/sqft
    Source: Chicago Rental Finders LLC Report a problem
    3/12/2015Listed for rent$3,975+98.8%$4/sqft
    Source: Chicago Rental Finders LLC Report a problem
    11/12/2014Listing removed$2,000$2/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08709242 Report a problem
    10/16/2014Price change$2,000-4.8%$2/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08709242 Report a problem
    9/24/2014Price change$2,100-4.5%$2/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08709242 Report a problem
    8/24/2014Listed for rent$2,200+10%$2/sqft
    Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08709242 Report a problem
    6/28/2012Listing removed$2,000$2/sqft
    Source: Real Living #08075253 Report a problem
    5/26/2012Listed for rent$2,000$2/sqft
    Source: Koenig & Strey Real Living #08075253 Report a problem
    11/24/1999Sold$490,000$454/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,881 +9.9%$39,228 +15.4%
    2023$7,173 +2.6%$33,999
    2022$6,993 +2.3%$33,999
    2021$6,837 -6.8%$33,999 +3.2%
    2020$7,338 +2.1%$32,940 -7.9%
    2019$7,185 +1.7%$35,763
    2018$7,064 +2.9%$35,763 +12.1%
    2017$6,868 +7.5%$31,903
    2016$6,390 +9.3%$31,903
    2015$5,846 -1.3%$31,903 -0.1%
    2014$5,925 +2%$31,932
    2013$5,808 +1.4%$31,932
    2012$5,730 +13.9%$31,932 +2.8%
    2011$5,032 -0.4%$31,052
    2010$5,053 -5.6%$31,052 -9.5%
    2009$5,353 +18.9%$34,327 +9.3%
    2008$4,503 +1%$31,394
    2007$4,459 -1.1%$31,394
    2006$4,507 -17.4%$31,394 -6%
    2005$5,456 +1%$33,392
    2004$5,401 +2.2%$33,392
    2003$5,284 +31.1%$33,392 +48.8%
    2002$4,032 +3.8%$22,440
    2001$3,886 +1.3%$22,440
    2000$3,837 -0.7%$22,440 +12.4%
    1999$3,863 $19,972
    Find assessor info on the county website

    Neighborhood: Streeterville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $358,300
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    Estimated market value
    $358,300