Date
Details
Price
Change
Source
4/14/2026
Listed
$1,599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Seldom, if ever, do homes of this caliber, on high floors, come to market at Lake Point Tower. This is a combination of two units that feels as if it were originally designed as one residence. At ~3000 ft2, the desirable split floor plan with the master suite on one end, kitchen and living spaces in between and 2 bedrooms on the other end will be perfect for any buyer. This being the only building built East of Lake Shore Dr., you will enjoy expansive West and North city views, the playpen, shore line, beach and lake views day and night. You'll have a front row seat for the Air & Water Show. The extra large master bedroom has two gut renovated ensuite bathrooms. Ensuite #1 has marble and chrome finishes, custom dual bowl vanity, a step-in shower with steam, and loads of built in storage. Ensuite #2 has marble finishes, a soaking tub, custom single bowl vanity and lighted mirror. Two very large custom closets with automatic lights complete the space. The spacious living room, with expansive views, and adjacent dining room, large enough to accommodate seating for 10+, is the perfect place to entertain. A marble decorative fireplace divides the space to the kitchen and family room. The kitchen is a chef's dream. It has custom inset cabinets, Wolfe/Subzero, Bosch and Miele appliances. The massive island has a wine refrigerator and drawer microwave. The comfortable family room, again with amazing views, is the perfect spot to gather with friends or just relax. The 2nd very large bedroom has a custom closet and an ensuite bathroom with a deep soaking tub and all marble finishes. The 3rd bedroom, with French doors, could serve many different functions ie., bedroom, home office or media space. There is an enviable walk-in pantry and laundry room. With two separate entrances, both with custom closets, your family or guests, can come/go without disturbance. Among the other highlights are all hardwood floors (on top of cork) and solid core wood doors throughout, curated lighting, electric blinds, surround sound speakers, and newly skim-coated/painted walls and columns. Two floor-to-ceiling storage units on the same floor as the condo are included. A deeded, easy-in/out, prime, ground floor parking spot with an EV charger is available for separate purchase. The iconic, smoke free building is truly Class A with 24 hour door staff, a 2 acre private garden with grills and tables, a phenomenal health club, indoor/outdoor pools, basketball and racquet ball courts, business center and so much more. The Streeterville location is 2nd to none. At your doorstep is Navy Pier with year around events, shops and dining, Olive Park and Oak Street Beach. Just a short walk is the Magnificent Mile, world class shopping, fine and casual dining, the river walk, the lake front path, grocery, gyms, cafes and so much more. Call today before it's gone.
Full Property Details
Full Property Details for 505 N Lake Shore Dr #4901-12
General
- Price: $1,599,000
- HOA FEE: $2,461/month
- Taxes: $24,482 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12607858
- Updated: Today (4/14/2026)
- Added to Site: Today
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Living Room, Electric
- Appliances: Double Oven, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Electric Cooktop
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Bathroom Features: Separate Shower, Steam Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Health Club, On-Site Manager/Engineer, Indoor Pool, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Business Center
- Equipment: Cable TV
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Exterior
- Exterior Features: Roof Deck, Outdoor Grill
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Heated Garage, Yes, Deeded, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Subdivision: Lake Point Tower
- Driving Directions: Illinois East to Streeterville Dr. North to Grand. West to the Lake Point Tower entrance.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Ogden Elementary
- High School: Lincoln Park High School
- Private School: Lincoln Park High School
Community
- Assoc. Fees Include: Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK, Number Limit, Size Limit
- Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 55lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Model: 3BR 3.5BTH
- Construction: Glass, Concrete, Clad Trim
- Exterior Const.: Glass, Concrete, Clad Trim
- Basement Desc.: None
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Reinforced Cai
- Roof: Other
- Windows: Blinds
- Sub-Flooring: Hardwood
- Entry Floor Number: 49
- Stories/Levels: 70
- Square Feet: 3,000
- Sq. Ft. Source: Plans
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- Units in Building: 720
Manufactured Home
- Model: 3BR 3.5BTH
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Landscaped
Animals
- Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Pond
- Water Front View: Front of Property, Side(s) of Property
- Lake Front: Yes
Financial Considerations
- Association Fee: $2,461
- Assoc Fee Freq.: Monthly
- Deeded Garage Cost: $90,000
- Assessment Year: 1968
- Tax Amount: $24,482
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17102140161211
Listed by Keller Williams Preferred Realty
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Schools
Schools serving 505 N Lake Shore Dr #4901-12
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 #4901-12
Tax History
Tax History for 505 N Lake Shore Dr #4901-12
Year
Property Taxes
Change
Tax Assessment
Change
2023
$36,924
3%
$175,002
—
2022
$35,995
2%
$175,002
—
2021
$35,191
-75%
$175,002
-72%
2020
$141,506
11%
$635,214
—
2019
$127,622
2%
$635,214
—
2018
$125,476
—
$635,214
9%
2017
$125,630
7%
$583,593
—
2016
$116,887
9%
$583,593
—
2015
$106,941
10%
$583,593
11%
2014
$97,529
2%
$525,652
—
2013
$95,603
1%
$525,652
—
2012
$94,326
—
$525,652
—
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
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505 N Lake Shore Drive #4901-12, Chicago, IL 60611 (MLS# 12607858) is a Condo property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 505 N Lake Shore Drive #4901-12 is currently listed for $1,599,000 and was received on April 14, 2026. Want to learn more about 505 N Lake Shore Drive #4901-12? 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.