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  • $385,000

    505 N Lake Shore Dr APT 5208, Chicago, IL 60611

    1beds
    1,100sqft
    Condominium, Single Family Residence
    Built in 1968
    -- sqft lot
    $415,000 Zestimate®
    $350/sqft
    $2,827 Estimated rent

    Home value

    $415,000

    $382,000 - $452,000

    $2,827/mo

    Zestimate® history
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    What's special

    Floor-to-ceiling windowsSpa-like bathroomBreath-taking viewsIndoor and outdoor poolsCity skylineBreakfast barWall of windows
    Situated in one of Chicago's most Iconic buildings, Lake Point Tower, is this spacious 52nd floor unit with breath-taking views abound. The entire property is adorned by floor-to-ceiling windows, which allows for unobstructed views of Lake Michigan and the city skyline from every room. The expansive open floor plan flows throughout, creating a great room atmosphere between the living room, dining room and kitchen. The kitchen features quartz countertops, natural stone backsplash, island with breakfast bar and an abundance of storage space. The master suite is a peaceful retreat with wall of windows, spacious walk-in closet and spa-like bathroom with glass shower surround and custom tilework. The convenient in-unit washer and dryer completes the unit. Truly move-in ready with all of the updates and features one could desire. Lake Point Tower is a full amenity building, complete with 24 hour front desk, indoor and outdoor pools, fitness room, storage rooms, racket ball court and business center. Walk out and immediately explore the lake front, parks, restaurants, shops and Navy Pier. Valet rental parking available separately.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Guli 847-642-1015,

    Compass,

    Eric Saenz 773-865-6744,

    Compass

    Bought with:

    Arvind Sarup

    HomeSmart Realty Group

    Arvind Sarup

    HomeSmart Realty Group

    Source: MRED as distributed by MLS GRID,MLS#: 11487606MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Foyer, Walk In Closet
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full)
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 17X13
    Dining room
    • Features: Flooring (Carpet)
    • Level: Main
    • Dimensions: COMBO
    Foyer
    • Features: Flooring (Travertine)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X08
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Island), Flooring (Travertine)
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Laundry
    • Features: Flooring (Slate)
    • Level: Main
    • Area: 25 Square Feet
    • Dimensions: 5X5
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 675 Square Feet
    • Dimensions: 27X25
    Walk in closet
    • Features: Flooring (Travertine)
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 06X05
    Heating
    • Electric
    Cooling
    • Wall Unit(s), Zoned
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
    • Laundry: Washer Hookup, Electric Dryer Hookup, In Unit
    Features
    • Storage, Walk-In Closet(s)
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Heated Garage, On Site, Leased, Attached, Garage
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Exterior features: Outdoor Grill
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake Front
    Lot
    • Features: Common Grounds, Landscaped
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 17102140161179
    • Special conditions: List Broker Must Accompany
    • Other equipment: TV-Cable

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Glass
    • Foundation: Reinforced Caisson
    • Roof: Tar/Gravel
    Condition
    • New construction: No
    • Year built: 1968
    • Major remodel year: 2016

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Lake Michigan
    Green energy
    • Energy efficient items: Roof

    Community & HOA

    Community
    • Features: Park
    • Security: Fire Sprinkler System
    • Subdivision: Lake Point Tower
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Private Laundry Hkup
    • Services included: Water, Insurance, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
    • HOA fee: $756 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $393,490
    • Annual tax amount: $6,836
    • Date on market: 6/11/2023
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    9/22/2023Sold$385,000-3.7%$350/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    8/18/2023Pending sale$399,950$364/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    8/15/2023Contingent$399,950$364/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    7/11/2023Price change$399,950-4.8%$364/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    5/17/2023Listed for sale$419,975$382/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    5/16/2023Contingent$419,975$382/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    5/5/2023Price change$419,975-3.4%$382/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    11/23/2022Price change$434,950-3.2%$395/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    9/13/2022Price change$449,500-1.2%$409/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    8/9/2022Listed for sale$455,000-4%$414/sqft
    Source: MRED as distributed by MLS GRID #11487606 Report a problem
    7/1/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11331920 Report a problem
    4/27/2022Price change$474,150-1.2%$431/sqft
    Source: MRED as distributed by MLS GRID #11331920 Report a problem
    2/24/2022Listed for sale$480,000+18.5%$436/sqft
    Source: MRED as distributed by MLS GRID #11331920 Report a problem
    6/12/2018Sold$405,000-3.3%$368/sqft
    Source: MRED as distributed by MLS GRID #09932560 Report a problem
    3/1/2017Listing removed$419,000$381/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #09336705 Report a problem
    12/9/2016Price change$419,000-2.3%$381/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #09336705 Report a problem
    9/8/2016Price change$429,000+2.1%$390/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #09336705 Report a problem
    7/21/2016Listed for sale$420,000+19.1%$382/sqft
    Source: Owner Report a problem
    7/17/2015Sold$352,500-8.4%$320/sqft
    Source: Agent Provided Report a problem
    6/11/2015Pending sale$385,000$350/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #08905665 Report a problem
    4/29/2015Listed for sale$385,000-2.3%$350/sqft
    Source: Coldwell Banker Residential #08905665 Report a problem
    11/12/2011Listing removed$394,000$358/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #07790590 Report a problem
    10/10/2011Price change$394,000-1.3%$358/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #07790590 Report a problem
    4/29/2011Listed for sale$399,000+119.2%$363/sqft
    Source: Coldwell Banker Residential Brokerage - Lake View #07790590 Report a problem
    3/11/1998Sold$182,000$165/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,906 +22.1%$39,349 +15.7%
    2023$6,474 +2.9%$33,999
    2022$6,290 -8%$33,999
    2021$6,837 -7.1%$33,999 +2.9%
    2020$7,361 +2.1%$33,042 -7.9%
    2019$7,207 +12.5%$35,873
    2018$6,408 +4%$35,873 +12.1%
    2017$6,162 +4.3%$32,002
    2016$5,909 +9.8%$32,002
    2015$5,384 -1.5%$32,002 -0.1%
    2014$5,466 +2.2%$32,030
    2013$5,347 +0.9%$32,030
    2012$5,300 +12.3%$32,030 +2.8%
    2011$4,720 +9.1%$31,149
    2010$4,327 -2.6%$31,149 -9.5%
    2009$4,444 +20.4%$34,434 +9.3%
    2008$3,691 +3.2%$31,490
    2007$3,577 +0.8%$31,490
    2006$3,549 -17%$31,490 -6%
    2005$4,277 +2.8%$33,495
    2004$4,162 +3.7%$33,495
    2003$4,014 +8%$33,495 +48.8%
    2002$3,717 +4.8%$22,509
    2001$3,547 -7.8%$22,509
    2000$3,849 +10.7%$22,509 +12.4%
    1999$3,475 $20,034
    Find assessor info on the county website

    Neighborhood: Streeterville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ogden Elementary
    • Middle: Ogden Elementary
    • 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
    $415,000
    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
    $415,000