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$335,000
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Property Description
Nestled in the heart of Chicago, this iconic Lake Shore Drive address places you steps away from Navy Pier, the Magnificent Mile, and an array of dining, shopping, and entertainment options. This northwest-facing spacious 1100 SF unit with granite countertops and stainless steel appliances has both lake, park, and city views and has been recently updated with new flooring and washer/dryer hookup.The building is also full amenity with a 24-hour doorman, state-of-the-art gym, swimming pools, sauna, dry cleaning, restaurant, grocery, and valet. A must see!
Full Property Details
Full Property Details for 505 N Lake Shore Dr #518
General
- Sold For: $335,000
- HOA FEE: $772/month
- Taxes: $6,540 (2023)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12460051
- Added to Site: 178 day(s) ago
Interior
- Interior Features: Beamed Ceilings
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Separate Shower, No Tub
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center
Exterior
- Exterior Features: Outdoor Grill
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Circular Driveway, Heated Garage, Yes, Leased, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Subdivision: Lake Point Tower
- Driving Directions: ILLINOIS EAST TO LAKE SHORE DRIVE
School Information
- School District: 299
- Midd 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
- 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
- Water: Lake Michigan
- Onsite: Cable Available
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Steel Siding, Glass
- Exterior Const.: Steel Siding, Glass
- Basement Desc.: None
- Foundation: Reinforced Caisson
- Roof: Rubber
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 70
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- Units in Building: 750
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Common Grounds
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front View: Front of Property
Financial Considerations
- Lease Price: $275
- Association Fee: $772
- Assoc Fee Freq.: Monthly
- Assessment Year: 1968
- Tax Amount: $6,540
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17102140161842
Listed by HomeSmart Connect LLC
Sold by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 505 N Lake Shore Dr #518
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 N Lake Shore Dr #518
Date
Details
Price
Change
Source
11/14/2025
Sold
$335,000
-4.29%
MLS
10/19/2025
Price Reduced
$350,000
-4.11%
MLS
9/01/2025
Listed
$365,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 N Lake Shore Drive #518, Chicago, IL 60611 (MLS# 12460051) is a Condo property that was sold at $335,000 on November 14, 2025. Want to learn more about 505 N Lake Shore Drive #518? 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.

