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Sold for $395,000
  • $395,000

    505 N Lake Shore Dr APT 6505, Chicago, IL 60611

    1beds
    1,100sqft
    Condominium
    Built in 1968
    -- sqft lot
    $404,400 Zestimate®
    $359/sqft
    $2,827 Estimated rent

    Home value

    $404,400

    $380,000 - $429,000

    $2,827/mo

    Zestimate® history
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    What's special

    Wake up to breathtaking lake views every morning from the 65th floor of iconic Lake Point Tower!, This 1100 SF one bedroom, one bath newly painted condo features an updated bathroom with double sinks, 2 medicine cabinets, and a rain head shower, as well as a white kitchen with stainless steel appliances and newer water heaters.The open floor plan maximizes the stunning views of the sunrise, Navy Pier, and evening fireworks. The bedroom boasts French doors and ample closet space with built-ins for added storage. Additional features include a large foyer closet perfect to add an in-unit washer/dryer. Relish the 5-star building amenities, including a fully equipped 24/7 health club, racquet ball/basketball court, steam and sauna rooms, indoor and outdoor pools, a community room, library, business center, dry cleaners, self-serve convenience store and a 2.5-acre park on the 3rd floor with a lagoon, BBQ area, and playground. Valet rental parking available for $280/mo. CTA transportation and a17-mile bike/run/walk path is right outside your door. Don't miss this opportunity for stunning views and upscale living at Lake Point Tower!

    Zillow last checked:

    Bought with:

    , cindycook@atproperties.com

    @properties

    Source: @Properties sold,MLS#: 12046656

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Refrigerator
    • Laundry: Common Area
    Features
    • Sauna, Elevator, Elevator, Sauna
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 1,100
    • Total interior livable area: 1,100 sqft

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Fitness Center
    • Has private pool: Yes
    • Pool features: Indoor
    • Has spa: Yes
    • Spa features: Hot Tub
    • On waterfront: Yes
    • Waterfront features: Waterfront
    • Frontage type: Waterfront
    Details
    • Parcel number: 17102140161026

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • Year built: 1968

    Community & HOA

    Community
    • Features: Doorman
    • Security: Doorman, Security System
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $359/sqft
    • Tax assessed value: $385,720
    • Annual tax amount: $7,749
    • Date on market: 6/17/2024
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/14/2024Sold$395,000-3.7%$359/sqft
    Source: MRED as distributed by MLS GRID #12046656 Report a problem
    5/27/2024Contingent$410,000$373/sqft
    Source: MRED as distributed by MLS GRID #12046656 Report a problem
    5/9/2024Listed for sale$410,000+9.3%$373/sqft
    Source: MRED as distributed by MLS GRID #12046656 Report a problem
    2/4/2015Sold$375,000-1.3%$341/sqft
    Source: MRED as distributed by MLS GRID #08638511 Report a problem
    11/13/2014Price change$380,000-4.8%$345/sqft
    Source: @properties #08638511 Report a problem
    9/22/2014Listed for sale$399,000$363/sqft
    Source: @properties #08638511 Report a problem
    8/21/2014Listing removed$399,000$363/sqft
    Source: @properties #08638511 Report a problem
    6/18/2014Price change$399,000-1.5%$363/sqft
    Source: @properties #08638511 Report a problem
    6/8/2014Listed for sale$405,000$368/sqft
    Source: @properties #08638511 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,749 +11.3%$38,572 +16.9%
    2023$6,962 +2.6%$32,999
    2022$6,787 +2.3%$32,999
    2021$6,636 -8%$32,999 +1.9%
    2020$7,215 +2.1%$32,389 -7.9%
    2019$7,065 +1.7%$35,165
    2018$6,946 +2.9%$35,165 +12.1%
    2017$6,753 +7.5%$31,369
    2016$6,283 +9.3%$31,369
    2015$5,748 -1.3%$31,369 -0.1%
    2014$5,825 +19.1%$31,397
    2013$4,890 +0.5%$31,397
    2012$4,867 +10.6%$31,397 +2.8%
    2011$4,402 +9.1%$30,532
    2010$4,037 +5.8%$30,532 -9.5%
    2009$3,817 +5.7%$33,753 +9.3%
    2008$3,612 +3.2%$30,868
    2007$3,500 +0.8%$30,868
    2006$3,473 -16.7%$30,868 -6%
    2005$4,169 +2.8%$32,833
    2004$4,055 +3.7%$32,833
    2003$3,909 +7.5%$32,833 +48.8%
    2002$3,637 +4.8%$22,064
    2001$3,470 +2.4%$22,064
    2000$3,388 +0%$22,064 +12.4%
    1999$3,388 $19,638
    Find assessor info on the county website

    Neighborhood: Streeterville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $404,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $404,400