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Closed
    • $450,000

    505 N Lake Shore Dr APT 2203, Chicago, IL 60611

    1beds
    1,100sqft
    Condominium, Single Family Residence
    Built in 1968
    -- sqft lot
    $477,800 Zestimate®
    $409/sqft
    $2,710 Estimated rent

    Home value

    $477,800

    $440,000 - $521,000

    $2,710/mo

    Zestimate® history
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    What's special

    Community centerChildren playgroundOutdoor poolFirst class business centerUpscale fitness centerFloor to ceiling windowsSteam and sauna rooms
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeanne Keiler 847-495-5000,

    HomeSmart Connect

    Bought with:

    Bessie Boyd

    Chase Real Estate LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12356004MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Hardwood), Bathroom (Full, Double Sink)
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 13X14
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 11X12
    Kitchen
    • Features: Kitchen (Pantry-Closet, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 456 Square Feet
    • Dimensions: 19X24
    Heating
    • Electric
    Cooling
    • Wall Unit(s), Zoned
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
    • Laundry: Washer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
    Features
    • Sauna, Elevator, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Doorman, Health Facilities, Lobby, Restaurant, Shops, Pantry
    • Flooring: Hardwood
    • Windows: Window Treatments, Drapes
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: On Site, Leased, Attached, Garage
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Entrance, Accessible Elevator Installed, Accessible Hallway(s), Central Living Area, Common Area, Visitable, Disability Access
    Features
    • Exterior features: Outdoor Grill
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Indoor Hot Tub
    • Has view: Yes
    • View description: Water, Front of Property, Side(s) of Property
    • Has water view: Yes
    • Water view: Water,Front of Property,Side(s) of Property
    • Waterfront features: Lake Privileges, Waterfront
    Lot
    • Features: Views
    Details
    • Parcel number: 17102140161551
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Glass, Concrete, Other, Clad Trim
    Condition
    • New construction: No
    • Year built: 1968
    Details
    • Builder model: AMBASSADOR SUITE

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Lake Point Tower
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Security, Trail(s)
    • Services included: Water, Insurance, Security, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
    • HOA fee: $972 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $409/sqft
    • Tax assessed value: $469,670
    • Annual tax amount: $8,439
    • Date on market: 5/31/2025
    • Listing terms: Cash
    • Ownership: Condo

    Price history

    DateEventPrice
    6/17/2025Sold$450,000$409/sqft
    Source: MRED as distributed by MLS GRID #12356004 Report a problem
    6/7/2025Contingent$450,000$409/sqft
    Source: MRED as distributed by MLS GRID #12356004 Report a problem
    5/31/2025Listed for sale$450,000+12.5%$409/sqft
    Source: MRED as distributed by MLS GRID #12356004 Report a problem
    1/11/2021Sold$400,000-10.9%$364/sqft
    Source: MRED as distributed by MLS GRID #10776204 Report a problem
    1/6/2021Pending sale$449,000$408/sqft
    Source: MRED as distributed by MLS GRID #10776204 Report a problem
    1/2/2021Contingent$449,000$408/sqft
    Source: MRED as distributed by MLS GRID #10776204 Report a problem
    1/2/2021Listed for sale$449,000$408/sqft
    Source: MRED as distributed by MLS GRID #10776204 Report a problem
    12/23/2020Contingent$449,000$408/sqft
    Source: #10776204 Report a problem
    12/23/2020Pending sale$449,000$408/sqft
    Source: @properties #10776204 Report a problem
    7/9/2020Listed for sale$449,000+16%$408/sqft
    Source: @properties #10776204 Report a problem
    8/17/2014Sold$387,000-4.4%$352/sqft
    Source: @Properties sold #08590053_60611_2203 Report a problem
    4/20/2014Listed for sale$405,000+12.8%$368/sqft
    Source: @properties #08590053 Report a problem
    1/26/2001Sold$359,000+59.6%$326/sqft
    Source: Public Record Report a problem
    12/21/1994Sold$225,000$205/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,436 +11.8%$46,967 +17.4%
    2023$8,439 +2.6%$39,998
    2022$8,227 +2.3%$39,998
    2021$8,043 -8.5%$39,998 +1.4%
    2020$8,786 +2.1%$39,439 -7.9%
    2019$8,603 +1.7%$42,819
    2018$8,458 +2.9%$42,819 +12.1%
    2017$8,223 +7.5%$38,197
    2016$7,650 +9.3%$38,197
    2015$6,999 +5.8%$38,197 -0.1%
    2014$6,617 +2.2%$38,230
    2013$6,475 +1%$38,230
    2012$6,413 +12.6%$38,230 +2.8%
    2011$5,697 -1%$37,178
    2010$5,754 -6.2%$37,178 -9.5%
    2009$6,131 +19.6%$41,099 +9.3%
    2008$5,127 +0.8%$37,586
    2007$5,088 +18.4%$37,586
    2006$4,297 -19.5%$37,586 -6%
    2005$5,336 +2.4%$39,979
    2004$5,211 +6.8%$39,979
    2003$4,879 +13%$39,979 +48.8%
    2002$4,317 -7.2%$26,866
    2001$4,652 +1.3%$26,866
    2000$4,594 $26,866 +12.4%
    1999$4,594 $23,912
    Find assessor info on the county website

    Neighborhood: Streeterville

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ogden Elementary
    • Middle: Ogden Ave Elementary School
    • High: Wells Community Academy Senior H
    • 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
    $477,800
    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
    $477,800

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