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$467,000

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1,069 Sq. Ft.
  • 1 Car Garage
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One, two, and three bedroom units available ranging from 1000-3700+ square feet. 506 is a 1069 sq ft one bedroom with northeast facing view, 11'-3" ceilings, kitchen with all new SS Bosch kitchen appliances and new, in-unit Whirlpool washer and dryer. This beautifully renovated historical building, nestled along Chicago's picturesque lakefront, seamlessly combines timeless elegance with contemporary luxury. Step into the magnificent lobby, and you'll instantly be transported to a modern take on a classic, surrounded by exquisite architectural details that showcase the craftsmanship of this iconic structure. From intricately carved moldings to soaring ceilings adorned with stunning chandeliers, every inch of this building exudes a sense of grandeur. 506, where old-world charm effortlessly merges with modern design, creating a harmonious balance between style and functionality. But it's not just the interiors that set this building apart. It also offers a wide range of amenities designed to enhance your lifestyle. Take a dip in the heated indoor pool, work up a sweat in the state-of-the-art fitness center, or host unforgettable gatherings in the expansive 3,500-square-foot Grand Lounge, complete with soaring 20-foot ceilings and breathtaking views of the lake. The rooftop deck greets residents with mesmerizing vistas of Lake Michigan. Picture yourself savoring your morning coffee as the sun rises over the water or hosting memorable events against the backdrop of the city's skyline and the serene lakefront. Beyond the building's beauty, its location is unparalleled. Situated between Michigan Avenue and Lake Shore Drive, this residence offers access to the vibrant cultural scene, world-class dining options, and the finest shopping experiences that the city has to offer. Whether you're leisurely strolling along the scenic lakefront trail, exploring nearby museums, or enjoying a day at the beach, everything you desire is at your front door.

Full Property Details for 850 N Lake Shore Dr #506

General

  • Sold For: $467,000
  • HOA FEE: $683/month
  • Taxes: (2022)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12497540
  • Added to Site: 93 day(s) ago

Interior

  • Interior Features: Walk-In Closet(s)
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Door Person, Elevator(s), Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Valet/Cleaner
  • Other Features: Commuter Bus, Interstate Access, Non-Smoking Building

Exterior

  • Exterior Features: Roof Deck, Outdoor Grill

Parking

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

Location

  • Area: CHI - Near North Side
  • County: Cook
  • Driving Directions: Inner Lake Shore Drive to Chestnut. Chestnut west to building. Main entrance on Chestnut.

School Information

  • School District: 299
  • Midd School District: 299

Community

  • Assoc. Fees Include: Heat, Air Conditioning, Water, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
  • Mgmt. Company: Management Company

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Zoned
  • Heating Type: Heat Pump, Individual Controls, Zoned

Utilities

  • Water: Lake Michigan, Public

Structural Information

  • Structure Type: Condo, High-Rise (7 or More Stories)
  • Construction: Stone, Limestone
  • Exterior Const.: Stone, Limestone
  • Basement Desc.: None
  • Entry Floor Number: 5
  • Stories/Levels: 19
  • Square Feet: 1,069
  • Sq. Ft. Source: Landlord/Tenant/Seller
  • Year Built: 1927
  • Built Before 1978: Yes
  • Remodeled/Updated: 2014

Unit Information

  • Units in Building: 198

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Dimensions: COMMON

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front View: Front of Property

Financial Considerations

  • Association Fee: $683
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1927
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 17032280000000

Listed by Wolf Residential Group LLC
Sold by Keller Williams ONEChicago

Listing agent

— 850 N Lake Shore Dr #506 —

  • Wolf Residential Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 850 N Lake Shore Dr #506

School District:Chicago Public School District 299
NameGradesDistance
Ogden Elementary School
24 West Walton Street, Chicago, IL 60610
K-80.6 mi
Wells Community Academy High School
936 North Ashland Avenue, Chicago, IL 60622
9-112.5 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 850 N Lake Shore Dr #506

Date
Details
Price
Change
Source
11/20/2025
Sold
$467,000
2.19%
MLS
10/16/2025
Listed
$457,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Wolf Residential Group LLC
Sold by Keller Williams ONEChicago

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850 N Lake Shore Drive #506, Chicago, IL 60611 (MLS# 12497540) is a Condo property that was sold at $467,000 on November 20, 2025. Want to learn more about 850 N Lake Shore Drive #506? 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.