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$525,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1,100 Sq. Ft.
  • 1 Car Garage
  • Updated 3 days ago
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Welcome to this beautifully maintained property offering the perfect blend of comfort, style, and convenience. Exceptional remodel of a large 1 Bed / 1 Bath on the 59th floor of Lake Point Tower. This home has all the upgrades and unobstructed views today's homeowner is looking for! Featuring a spacious living area, abundant natural light, and thoughtful updates throughout, this home is designed for both everyday living and entertaining. The kitchen boasts modern finishes and ample storage, opening seamlessly to an inviting living and dining room space. Additional built-ins added by dining area include a hidden Murphy Bed for extra sleeping space for guests. Stunning West and North facing views of the city, Lake Shore Drive and Ohio Street Beach. The generously sized bedroom provides a peaceful retreat, while the updated bathroom adds a touch of luxury. Step outside to the 3rd floor level and enjoy the private pool and outdoor 2.5 acre park with pond and waterfall, and BBQ area ideal for relaxing or hosting guests. Condo comes with additional 4 x 4 storage cage locate on 2nd floor of building. Unit does not have a dedicated parking space but building has convenient monthly valet parking. Condo does not have in-unit washer/dryer, but can be added to walk-in coat closet by front entry. Wonderful walkable location, bike along Lake Michigan, enjoy Navy Pier events, numerous neighborhood restaurants, and shops on Michigan Ave, easy public transportation, convenient grocery stores all within steps from your door. Full amenity building with 24-hr door staff, health club, indoor & outdoor pool, basketball / racquetball court, business center, and so much more! Lake Point Tower provides Lakefront Living at its best!

Full Property Details for 505 N Lake Shore Dr #5901

General

  • Price: $525,000
  • HOA FEE: $901/month
  • Taxes: $8,448 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12548453
  • Updated: 2/17/2026
  • Added to Site: 10 day(s) ago

Interior

  • Basement: None
  • Interior Features: Storage, Built-in Features, Walk-In Closet(s), Bookcases, Granite Counters
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood, Electric Cooktop, Electric Oven
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom Features: Separate Shower, Double Sink

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Bike Room/Bike Trails, Door Person, Commissary, Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Steam Room, Valet/Cleaner, Business Center, Laundry, Elevator(s)

Parking

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

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Subdivision: Lake Point Tower
  • Driving Directions: TAKE ILLINOIS, TO GRAND AVE ENTRANCE - There is valet parking at building or metered parking on Grand Avenue

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: 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

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Construction: Glass
  • Exterior Const.: Glass
  • Basement Desc.: None
  • Sub-Flooring: Hardwood
  • Entry Floor Number: 59
  • Stories/Levels: 70
  • Square Feet: 1,100
  • Sq. Ft. Source: Other
  • Year Built: 1968
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 720

Lot Features

  • Lot Dimensions: COMMON

Animals

  • Animals Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Water Features

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

Financial Considerations

  • Lease Price: $290
  • Association Fee: $901
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1968
  • Tax Amount: $8,448.18
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17102140161102

Listed by @properties Christie's International Real Estate

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— 505 N Lake Shore Dr #5901 —

  • @properties Christie's International Real Estate

  • @properties Christie's International Real Estate

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 505 N Lake Shore Dr #5901

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 #5901 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/10/2026
Listed
$525,000
47.89%
MLS
6/15/2005
Sold
$355,000
—
Public Record
Get Price Alerts and Save Property
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 for 505 N Lake Shore Dr #5901

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,595
3%
$35,999
—
2022
$7,404
2%
$35,999
—
2021
$7,239
-8%
$35,999
2%
2020
$7,866
2%
$35,309
-8%
2019
$7,702
2%
$38,335
—
2018
$7,572
3%
$38,335
12%
2017
$7,362
7%
$34,198
—
2016
$6,849
9%
$34,198
—
2015
$6,267
-1%
$34,198
—
2014
$6,351
2%
$34,228
—
2013
$6,225
1%
$34,228
—
2012
$6,142
—
$34,228
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie's International Real Estate

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505 N Lake Shore Drive #5901, Chicago, IL 60611 (MLS# 12548453) is a Condo property with 1 bedroom and 1 full bathroom. 505 N Lake Shore Drive #5901 is currently listed for $525,000 and was received on February 10, 2026. Want to learn more about 505 N Lake Shore Drive #5901? 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.

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