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$645,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,450 Sq. Ft.
  • 1 Car Garage
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A stunning interior designer's dream home at the ICONIC LAKE POINT TOWER 2Bed + 2Bath (1450sqft) on the 50th floor with breathtaking unforgettable sweeping views of LAKE MICHIGAN and CHICAGO SKYLINE. This is a spacious floor plan with a contemporary chef's kitchen that features stainless steel appliances. The living room and dining room are huge and are perfectly laid out for entertaining, or enjoying Chicago sunsets from the comfort of your living room. This home also offers in unit laundry and remote control shades for every window. The main bedroom is enormous with a spacious bath ensuite. A FLOOR-TO-CEILING storage locker is also included and located on the SAME FLOOR AS THE UNIT and is not very common. Walk or bike along Lake Michigan, enjoy restaurants, shops on Michigan Ave, easy public transportation, Convenient grocery stores all with-in steps from your door. Building offers 5-star amenities which include: 24hr door staff, indoor pool, outdoor pool, gym, sauna, business center, Mini grocery store, 2.5 acre park with grilling area, and much more. Parking available.

Full Property Details for 505 N Lake Shore Dr #5001

General

  • Sold For: $645,000
  • HOA FEE: $1,210/month
  • Taxes: $10,760 (2023)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12312525
  • Added to Site: 309 day(s) ago

Interior

  • Interior Features: Storage
  • Appliances: Range, Microwave, Dishwasher, High-End Refrigerator, Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Soaking Tub

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, Health Club, On-Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Service Elevator(s), Business Center
  • Other Features: Commuter Bus, Interstate Access

Exterior

  • Exterior Features: Outdoor Grill

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: On Site, Leased, Attached, Garage
  • Parking On-Site: Yes

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Subdivision: Lake Point Tower
  • Driving Directions: Lake Shore Drive to Grand Avenue.

School Information

  • School District: 299
  • Midd School District: 299

Community

  • Assoc. Fees Include: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size Limit, / 55lbs.
  • Mgmt. Company: FIRST RESIDENTIAL SERVICES

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Electric

Utilities

  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo
  • Construction: Glass
  • Exterior Const.: Glass
  • Basement Desc.: None
  • Entry Floor Number: 50
  • Stories/Levels: 70
  • Square Feet: 1,450
  • Sq. Ft. Source: Estimated
  • Year Built: 1968
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 720

Lot Features

  • Lot Dimensions: CONDO

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front View: Side(s) of Property

Financial Considerations

  • Lease Price: $290
  • Association Fee: $1,210
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1968
  • Tax Amount: $10,760.27
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17102140161210

Meet the listing agent

Meet the listing agent
— 505 N Lake Shore Dr #5001 —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 505 N Lake Shore Dr #5001

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-81 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 N Lake Shore Dr #5001

Date
Details
Price
Change
Source
7/28/2025
Sold
$645,000
-2.12%
MLS
3/14/2025
Listed
$659,000
—
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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505 N Lake Shore Drive #5001, Chicago, IL 60611 (MLS# 12312525) is a Condo property that was sold at $645,000 on July 28, 2025. This property was listed by Denise Salazar from our Lincoln Park Office.Want to learn more about 505 N Lake Shore Drive #5001? 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.