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$875,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,800 Sq. Ft.
  • Updated 3 days ago
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Experience city living in this exceptional 1800 sqft corner residence with wrap-around panoramic views of the Chicago skyline & Lake Michigan, with coveted north, west, and south exposures. Located in the iconic Lake Point Tower, the only residential highrise situated east of Lake Shore Drive. This spacious two bedroom two bathroom home seamlessly blends comfort and sophistication. The expansive primary suite is a true retreat, featuring a generous walk-in closet, updated ensuite bath, and ample space to unwind. The second bedroom enjoys its own captivating lake and city views, making it equally inviting for guests, family, or a stylish home office. Thoughtful updates, including beautifully renovated bathrooms and custom window shades, add modern comfort while allowing the scenery to remain the centerpiece. You'll enjoy a resort-inspired lifestyle with exceptional amenities and direct access to Chicago's lakefront. Enjoy walking or bike rides along Lake Michigan, restaurants, Michigan Ave shopping, 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.

Full Property Details for 505 N Lake Shore Dr #616-617

General

  • Price: $875,000
  • HOA FEE: $1,503/month
  • Taxes: $14,521 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12701042

Interior

  • Basement: None
  • Appliances: Range, Microwave, Dishwasher, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Additional Information

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

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Parking Features: Yes, Leased, Attached, Garage

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Township: North Chicago
  • Driving Directions: Lake Shore to Illinois, to Grand Ave.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Lawn Care, Scavenger, 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: Block, Glass, Other
  • Exterior Const.: Block, Glass, Other
  • Basement Desc.: None
  • Common Walls: End Unit
  • Entry Floor Number: 6
  • Stories/Levels: 70
  • Square Feet: 1,800
  • Sq. Ft. Source: Other
  • Year Built: 1968
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 750

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: $1,503
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1968
  • Tax Amount: $14,521.44
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17102140161826
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 505 N Lake Shore Dr #616-617 —

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Schools serving 505 N Lake Shore Dr #616-617

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 505 N Lake Shore Dr #616-617

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,373
—
$33,500
-4%
2023
$7,373
3%
$34,944
—
2022
$7,187
2%
$34,944
—
2021
$7,027
-42%
$34,944
-36%
2020
$12,120
11%
$54,406
—
2019
$10,931
2%
$54,406
—
2018
$10,747
2%
$54,406
11%
2017
$10,543
7%
$48,976
—
2016
$9,809
9%
$48,976
—
2015
$8,975
—
$48,976
—
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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505 N Lake Shore Drive #616-617, Chicago, IL 60611 (MLS# 12701042) is a Condo property with 2 bedrooms and 2 full bathrooms. 505 N Lake Shore Drive #616-617 is currently listed for $875,000 and was received on July 09, 2026. This property is listed by Denise Salazar from our Lincoln Park Office.Want to learn more about 505 N Lake Shore Drive #616-617? 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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