Welcome to Unit 5205 at Lake Point Tower - a stunning 1 bed, 1 bath residence spanning an impressive 1100 square feet high above the city. Perched on the 52nd floor of this iconic, amenity-rich building - the only residential tower east of Lake Shore Drive - this unit offers unobstructed, panoramic views of Lake Michigan and Navy Pier. Inside, you'll find a recently updated and thoughtfully designed home. The spacious, open kitchen features Nero Marquina quartz countertops and backsplash, and custom cabinetry. Gorgeous hardwood floors flow throughout the bright and airy living space, where the views are unmatched. The oversized bedroom includes custom closets, and the spa-like bath offers a luxurious walk-in shower. Lake Point Tower offers true resort-style living with unmatched amenities: a 2.5-acre private park, indoor and outdoor pools, lagoon, BBQ area, racquetball/basketball courts, full health club with sauna and steam rooms, library, conference room, dry cleaners, business center, playgrounds, and more - all just steps from the lakefront path, CTA stops, and world-class dining and shopping on Michigan Avenue. Some furniture available for purchase. Welcome home!
Closed
$495,000
505 N Lake Shore Dr APT 5205, Chicago, IL 60611
1beds
1,100sqft
Condominium, Single Family Residence
Built in 1968
-- sqft lot
$528,800 Zestimate®
$450/sqft
$2,827 Estimated rent
Home value
$528,800
$471,000 - $592,000
$2,827/mo
Zestimate® history
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$4,317/mo
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Oversized bedroomSpa-like bathGorgeous hardwood floorsSpacious open kitchenCustom cabinetryCustom closetsLuxurious walk-in shower
Zillow last checked:
Listing updated:
Listed by:
Michele Gubser 312-618-4146,
Compass
Bought with:
Sharon Wang
RE/MAX SAWA
Source: MRED as distributed by MLS GRID,MLS#: 12347138
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13X16
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Galley), Flooring (Hardwood)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Laundry
- Level: Main
- Area: 4 Square Feet
- Dimensions: 2X2
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 350 Square Feet
- Dimensions: 14X25
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator
- Laundry: Washer Hookup, In Unit
Features
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,100 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Concrete, Circular Driveway, On Site, Leased, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Outdoor Grill
- Pool features: In Ground
- Has view: Yes
- View description: Water, Side(s) of Property
- Has water view: Yes
- Water view: Water,Side(s) of Property
Details
- Parcel number: 17102140161182
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick, Glass
Condition
- New construction: No
- Year built: 1968
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Subdivision: Lake Point Tower
HOA
- Has HOA: Yes
- Amenities included: Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
- Services included: Water, Insurance, Security, Doorman, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $764 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $362,320
- Annual tax amount: $6,540
- Date on market: 4/24/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2025 | Sold | $495,000$450/sqft |
Source:  MRED as distributed by MLS GRID #12347138 Report a problem | ||
| 4/29/2025 | Contingent | $495,000$450/sqft |
Source: MRED as distributed by MLS GRID #12347138 Report a problem | ||
| 4/24/2025 | Listed for sale | $495,000+39.4%$450/sqft |
Source: MRED as distributed by MLS GRID #12347138 Report a problem | ||
| 6/25/2012 | Sold | $355,000-24.3%$323/sqft |
Source: MRED as distributed by MLS GRID #07893291 Report a problem | ||
| 11/25/2011 | Listing removed | $469,000$426/sqft |
Source: IBid #07893291 Report a problem | ||
| 10/26/2011 | Listed for sale | $469,000+64.6%$426/sqft |
Source: IBid #07893291 Report a problem | ||
| 3/5/2004 | Sold | $285,000$259/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,279 +11.3% | $36,232 +16.9% |
| 2023 | $6,540 +2.6% | $30,999 |
| 2022 | $6,376 +2.3% | $30,999 |
| 2021 | $6,234 -8% | $30,999 +1.9% |
| 2020 | $6,778 +2.1% | $30,424 -7.9% |
| 2019 | $6,636 +1.7% | $33,031 |
| 2018 | $6,525 +2.9% | $33,031 +12.1% |
| 2017 | $6,343 +7.5% | $29,466 |
| 2016 | $5,902 +9.3% | $29,466 |
| 2015 | $5,400 -1.3% | $29,466 -0.1% |
| 2014 | $5,472 +2% | $29,492 |
| 2013 | $5,364 +10.7% | $29,492 |
| 2012 | $4,845 +12.1% | $29,492 +2.8% |
| 2011 | $4,320 -1.2% | $28,680 |
| 2010 | $4,371 -6.3% | $28,680 -9.5% |
| 2009 | $4,666 +19.8% | $31,705 +9.3% |
| 2008 | $3,894 +0.7% | $28,995 |
| 2007 | $3,868 -0.7% | $28,995 |
| 2006 | $3,897 -22.7% | $28,995 -6% |
| 2005 | $5,039 +1% | $30,841 |
| 2004 | $4,989 +2.2% | $30,841 |
| 2003 | $4,880 +31.1% | $30,841 +48.8% |
| 2002 | $3,724 +3.8% | $20,725 |
| 2001 | $3,589 +1.3% | $20,725 |
| 2000 | $3,544 | $20,725 +12.3% |
| 1999 | $3,544 | $18,447 |
Find assessor info on the county website
Neighborhood: Streeterville
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Nearby schools
GreatSchools rating
- 4/10Ogden Elementary SchoolGrades: PK-8Distance: 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
$528,800
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Estimated market value
$528,800
- Illinois
- Cook County
- Chicago
- 60611
- Streeterville
- 505 N Lake Shore Dr Apartment 5205
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