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$385,000
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Property Description
Own a piece of the Chicago skyline with a view that is truly impossible to replicate. As the only residential building located east of Lake Shore Drive, Lake Point Tower offers an exclusive vantage point that stands alone. This executive Jr. 1-bedroom, 1-bath residence features unparalleled, direct east-facing views of Lake Michigan and Navy Pier. This is a very RARE view. From every window, enjoy a front-row seat to spectacular sunrises, the city's bi-weekly fireworks, and a center-stage view of the exhilarating Chicago Air and Water Show - a rare perspective that few residences in the world can claim. The interior is a masterclass in custom design, highlighted by high-end Sicilian woodwork and a signature "James Bond-style" swiveling bookshelf that serves as a hidden entrance to the bedroom. The home is optimized for luxury living with a built-in workstation, a custom California walk-in closet, a Murphy bed, and an open chef's kitchen equipped with professional Viking and Kitchen-Aid appliances. Boasting incredible "bones" and high-end permanent upgrades, this unit presents a premier value-add opportunity; it simply needs a fresh coat of paint and floor refinishing to restore its full executive luster. Residents enjoy a "city within a city" lifestyle with world-class amenities centered around a private 2.5-acre third-floor park featuring a lagoon, waterfalls, and manicured gardens. The full-service experience includes a state-of-the-art health club with steam and sauna rooms, year-round indoor and outdoor pools, full on-site maintenance crew, and private courts for racquetball, pickleball, and basketball. Absolute convenience is at your doorstep with 24-hour door staff, an on-site market, a business center, a hair salon, and a heated garage offering valet and car wash services. Experience the pinnacle of lakefront living in Chicago's most iconic architectural landmark.
Full Property Details
Full Property Details for 505 N Lake Shore Dr #1605
General
- Price: $385,000
- HOA FEE: $502/month
- Taxes: $4,411 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12606690
- Updated: 5/5/2026
- Added to Site: 48 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Garage: Yes
- Attached garage: Yes
- Parking Features: Yes, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: LSD TO GRAND, EXIT EAST OF LSD AT NAVY PIER
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Water, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Dogs OK
- Pet Restrictions: Dogs OK, / 50lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Glass
- Exterior Const.: Glass
- Basement Desc.: None
- Entry Floor Number: 16
- Stories/Levels: 70
- Square Feet: 706
- Sq. Ft. Source: Assessor
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- Units in Building: 879
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Dogs OK
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Association Fee: $502
- Assoc Fee Freq.: Monthly
- Assessment Year: 1968
- Tax Amount: $4,411
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: Standard
- Property ID: 17102140161657
Listed by Prestige Realty, Inc
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Schools
Schools serving 505 N Lake Shore Dr #1605
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 1 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 N Lake Shore Dr #1605
Date
Details
Price
Change
Source
4/01/2026
Listed
$385,000
27.06%
MLS
3/09/2007
Sold
$303,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 N Lake Shore Dr #1605
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,009
—
$21,956
16%
2023
$4,009
25%
$18,999
—
2022
$3,204
2%
$18,999
—
2021
$3,151
-8%
$18,999
3%
2020
$3,416
3%
$18,436
-8%
2019
$3,332
2%
$20,016
—
2018
$3,275
5%
$20,016
12%
2017
$3,117
1%
$17,856
—
2016
$3,076
10%
$17,856
—
2015
$2,791
-2%
$17,856
—
2014
$2,839
2%
$17,871
—
2013
$2,772
—
$17,871
—
2012
$2,759
—
$17,871
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 N Lake Shore Dr #1605
505 N Lake Shore Drive #1605, Chicago, IL 60611 (MLS# 12606690) is a Condo property with 1 bedroom and 1 full bathroom. 505 N Lake Shore Drive #1605 is currently listed for $385,000 and was received on April 01, 2026. Want to learn more about 505 N Lake Shore Drive #1605? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

