505 N Lake Shore Drive # 1001 Chicago, IL $ 399,999
505 N Lake Shore Drive # 1001
$ 399,999
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505 N Lake Shore Drive # 1001

Chicago, IL, 60611
$ 399,999
Bedrooms1 Baths1.0 Sq 1,100

Monthly Estimate*

$ 2,659

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Condo for sale in Chicago, IL

for $399,999 with 1 bedroom and 1 full bath. This 1,100 square foot condo was built in 1968.

Welcome to Lake Point Tower, one of Chicago's iconic buildings. This great Streeterville location is steps from Lake Michigan and Navy Pier. This rarely available large 1 bed/ 1 bath preferred "01" tier has million dollar lake and city views from every room and offers amazing sunsets and tons of natural light. The condo features an open floor plan that includes recently added hardwood floors throughout, kitchen has custom cabinets, a large breakfast bar and stainless steel appliances. Separate dining room off of the kitchen/ living room. The spacious living room has a wall of windows that looks directly at the lake and city which is perfect for entertaining or just relaxing. The huge bedroom has a large walk-in closet. Tons of closet space/ storage in the condo and also comes with an additional storage locker within the building. Full amenity building with 24-hour door staff, 1 indoor and 1 outdoor pool, full health club, 2.5 acre park, a library, business center, and more. This condo is perfect for a primary residence or an in-town. Awesome Streeterville location! Close to Lake Michigan, Navy Pier, Michigan Ave shopping, highways, and award winning restaurants. Rental parking available in the building.

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Condo Active

Price

$ 399,999

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 5,531

Style

Condo,High Rise (7+ Stories)

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12038484

Features
General
Interior Features Hardwood Floors Storage Walk-In Closet(s)
Sewer Public Sewer
Heating Electric
Cooling Window/Wall Units - 3+
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Stainless Steel Appliance(s)
HOA 741
Garage Spaces 1
Association Fee Includes Water Insurance Security Doorman TV/Cable Clubhouse Exercise Facilities Pool Exterior Maintenance Lawn Care Scavenger Snow Removal Internet
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1968
Township North Chicago
Unit Number 1001
Tax Year 2022
Percent Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Door Person Coin Laundry Elevator(s) Exercise Room Storage Health Club On Site Manager/Engineer Park Party Room Sundeck Indoor Pool Pool Receiving Room Sauna Service Elevator(s)
Subdivision Name Lake Point Tower
Total Rooms 4
Status Active
Directions Lake Shore Dr to Illinois St. Go east on Illinois St. Entrance is on Grand Ave side of the building.
High School Wells Community Academy Senior H
City Chicago
High School District 299
MLS Area CHI - Near North Side
Waterfront Y/N Y
Street Name Lake Shore
Elementary School Ogden Elementary
Tax Annual Amount 5531.55
Middle/Junior High School Ogden Elementary
Additional Parcels Y/N N
Virtual Tour https://tour.vht.com/434382599/IDXS
Days on Market 5
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories)
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Interior
Basement None None
Total Stories 70
Full Baths 1
Half Baths 0
Street Suffix Drive
Total Bedrooms 1
Room Type Foyer
Total Baths 1
Bedrooms Possible 1
Bathrooom Soaking Tub
Total Number of Units 758
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Exterior
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Garage Onsite Yes
Garage Type Attached
Garage Ownership Fee/Leased
Exterior Glass
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* Excluded Features
List By
Compass

Broker

patrick@thegridgroup.com

Email

Affordability Calculator

$3,119
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,659
Monthly Property Taxes
$461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2641063 Elementary School
2641063 Middle School
Wells Community Academy Senior H High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$399,999 Listed Price

Map


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505 N Lake Shore Drive # 1001, Chicago, IL, 60611 is a Condo for sale at $399,999 with 1,100 sqft. 505 N Lake Shore Drive # 1001 has 1 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 60611 which is in Chicago, IL