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  • $535,000

    505 N Lake Shore Dr APT 715, Chicago, IL 60611

    1beds
    1,100sqft
    Condominium, Single Family Residence
    Built in 1968
    -- sqft lot
    $495,000 Zestimate®
    $486/sqft
    $2,710 Estimated rent

    Home value

    $495,000

    $446,000 - $545,000

    $2,710/mo

    Zestimate® history
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    What's special

    Modern efficiencyModern sophisticationOpen floor planNew interior doorsFloor-to-ceiling windowsExercise roomSteam room
    Elevate your lifestyle with this exquisite 1-bedroom, 1-bathroom luxury condo situated in a prestigious high-rise haven. Modern sophistication and an open floor plan define this urban retreat. Upon entering, you'll be greeted by floor-to-ceiling windows that flood the space with natural light and offer awe-inspiring views that stretch beyond the horizon. Nestled within a full amenity building. The bathroom has been thoughtfully updated and features a jetted tub, perfect for unwinding after a long day. The unit boasts new AC/Heat and a fresh electric panel, providing modern efficiency and peace of mind. The kitchen is a culinary dream, showcasing newer stainless steel appliances that harmonize seamlessly with the contemporary design. This kitchen was updated in 2018 to meet the demands of modern living with in-unit laundry! The bedroom, a tranquil haven, features brand new carpeting installed in 2021, creating a soft and cozy atmosphere. For those who value both style and function, the newly installed remote-controlled electric blinds offer the perfect touch of modernity. The condo also boasts new interior doors and baseboards, reflecting attention to detail and a commitment to quality. Within this prestigious building, a world of amenities awaits, including a Door Person to welcome you home, convenient Coin Laundry facilities, an Elevator for ease of access, an Exercise Room for staying active, and ample Storage to keep your space clutter-free. Indulge in the Health Club's facilities, and take advantage of having an On-Site Manager/Engineer for added convenience. Revel in the beauty of the Park/Playground area, and host memorable gatherings in the Party Room. The indoor and outdoor pools provide the ultimate in relaxation and leisure. Revitalize your senses in the Sauna and Steam Room. Whether you're looking to unwind or boost productivity, the Business Center has you covered. This condo isn't just a home; it's an experience that encapsulates the essence of luxury city living. 1 heated garage parking space offered for +$72k. Don't miss this rare opportunity. Schedule a showing today and make this urban oasis your own. A preferred lender offers a reduced interest rate for this listing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kellye Jackson 312-836-4263,

    Redfin Corporation

    Bought with:

    Martin Medenica

    Martin Medenica

    Source: MRED as distributed by MLS GRID,MLS#: 11867511MLS Logo

    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: 99 Square Feet
    • Dimensions: 9X11
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Custom Cabinetry, SolidSurfaceCounter, Updated Kitchen), Flooring (Hardwood)
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 600 Square Feet
    • Dimensions: 30X20
    Heating
    • Electric, Heat Pump
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Multiple Water Heaters
    • Laundry: Washer Hookup, In Unit, In Kitchen
    Features
    • Storage
    • Flooring: Hardwood
    • Basement: None
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Heated Garage, On Site, Deeded, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Details
    • Parcel number: 17102140161809
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Steel Siding, Brick, Glass
    Condition
    • New construction: No
    • Year built: 1968
    • Major remodel year: 2018

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Lake Point Tower
    HOA
    • Has HOA: Yes
    • Amenities included: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Business Center
    • Services included: Water, Insurance, Security, Doorman, Cable TV, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Internet
    • HOA fee: $865 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $486/sqft
    • Tax assessed value: $428,270
    • Annual tax amount: $7,440
    • Date on market: 8/25/2023
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    10/10/2023Sold$535,000+11.7%$486/sqft
    Source: MRED as distributed by MLS GRID #11867511 Report a problem
    10/6/2023Pending sale$479,000$435/sqft
    Source: MRED as distributed by MLS GRID #11867511 Report a problem
    9/11/2023Contingent$479,000$435/sqft
    Source: MRED as distributed by MLS GRID #11867511 Report a problem
    8/25/2023Listed for sale$479,000+15.4%$435/sqft
    Source: MRED as distributed by MLS GRID #11867511 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/19/2019Listing removed$2,296$2/sqft
    Source: Owner Report a problem
    1/16/2019Price change$2,296-0.2%$2/sqft
    Source: Owner Report a problem
    10/23/2018Listed for rent$2,300-4.2%$2/sqft
    Source: Owner Report a problem
    11/4/2017Listing removed$415,000$377/sqft
    Source: Coldwell Banker Residential #09729580 Report a problem
    11/3/2017Listed for sale$415,000+7.8%$377/sqft
    Source: Coldwell Banker Residential #09729580 Report a problem
    11/2/2017Sold$385,000-7.2%$350/sqft
    Source: MRED as distributed by MLS GRID #09729580 Report a problem
    10/6/2017Pending sale$415,000$377/sqft
    Source: Coldwell Banker Residential Brokerage - Lincoln Park Clybourn #09729580 Report a problem
    8/23/2017Listed for sale$415,000+104.4%$377/sqft
    Source: Coldwell Banker Residential #09729580 Report a problem
    6/26/2015Listing removed$2,400$2/sqft
    Source: Coldwell Banker Residential Brokerage - Lincoln Park Plaza #08940824 Report a problem
    6/3/2015Listed for rent$2,400$2/sqft
    Source: Coldwell Banker Residential #08940824 Report a problem
    9/20/1996Sold$203,000$185/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,604 +10.2%$42,827 +15.8%
    2023$7,806 +2.6%$36,999
    2022$7,610 +2.3%$36,999
    2021$7,440 -7.1%$36,999 +2.9%
    2020$8,011 +2.1%$35,963 -7.9%
    2019$7,845 +1.7%$39,045
    2018$7,713 +13.9%$39,045 +12.1%
    2017$6,771 -2.9%$34,831
    2016$6,976 +9.3%$34,831
    2015$6,383 +16%$34,831 -0.1%
    2014$5,501 -6.2%$34,861
    2013$5,862 +7.2%$34,861
    2012$5,467 +14.6%$34,861 +2.8%
    2011$4,772 +10.6%$33,902
    2010$4,313 +8.5%$33,902 -9.5%
    2009$3,974 +3.1%$37,477 +9.3%
    2008$3,854 -1.7%$34,274
    2007$3,921 +0.8%$34,274
    2006$3,891 -18.3%$34,274 -6%
    2005$4,761 +2.6%$36,455
    2004$4,641 +3.5%$36,455
    2003$4,482 +15.2%$36,455 +48.8%
    2002$3,892 +0%$24,498
    2001$3,892 +2.3%$24,498
    2000$3,805 -0.3%$24,498 +12.4%
    1999$3,818 $21,805
    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
    $495,000
    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
    $495,000