505 N Lake Shore Drive 5006, Chicago IL 60611
$675,000

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Property Description

Welcome to this bright and spacious, luxurious, urban oasis on the 50th floor of Chicago's iconic Lake Point Tower. This stunning East facing corner 2 bedroom/2 bath home offers 1,450 square feet of refined living space and boasts breathtaking unobstructed views of Lake Michigan, Navy Pier, and pristine Chicago beaches from every room through wall-to-wall windows that will leave you in awe. Relax and unwind while watching amazing sunrises, sail boats and fireworks from the comfort of your own living room. As you step inside, you'll be greeted with an abundance of natural light flooding in from the walls of windows that frame the remarkable vistas. Imagine waking up to the mesmerizing sunrises over Lake Michigan, setting the tone for your day in the most spectacular way. This amazing home features a white kitchen with 42" cabinets, stainless steel appliances, a large pass through with breakfast bar & a pantry closet. The generously sized main bedroom offers a spacious bath ensuite, featuring a whirlpool tub/shower combo. Freshly painted, premium custom window shades on every window, new luxury vinyl flooring throughout the living space and bedrooms, convenient in-unit laundry and a separate storage locker included. Newly furnished, to include bedding and towels, making this beautiful home "move in ready." Lake Point Tower is not just a residence; it's a Chicago landmark, an architectural masterpiece, and a lifestyle. This iconic building, completed in 1968, was designed by the renowned architect John Heinrich and stands as a testament to Chicago's rich architectural history. It was the world's tallest apartment building when constructed and remains one of the most sought-after addresses in the city. 505 N. Lake Shore Dr. is steeped in history and located in the heart of Streeterville, an area renowned for its vibrant culture and proximity to many of the city's most famous landmarks. Navy Pier, just steps away, has been an integral part of Chicago's history for over a century, offering entertainment, dining, and cultural experiences. The Lake Michigan shoreline, a backdrop to your everyday life, is a reminder of Chicago's historical connection to the Great Lakes. Living in Lake Point Tower means being part of a community with a rich legacy in Chicago's real estate landscape. This remarkable building boasts 5-star amenities including 24hr door staff, indoor & outdoor pools, state of the art fitness center, sauna & steam rooms, 2 hot tubs, racquetball/basketball/pickleball court, business center, mini grocery store, 2.5 acre private park with grilling area, community room, dry cleaners, restaurant, children's play areas, beauty salon, library & dog wash station providing residents with an unparalleled urban retreat. The amazing Streeterville location makes it easy to enjoy walking or biking along the Lake, dining at nearby restaurants & shopping on Michigan Ave. Easy access to Navy Pier, public transportation, Lake Shore Drive, downtown Chicago & grocery stores. Parking is available for rent or for purchase. Experience the epitome of Chicago living at 505 N Lake Shore Dr, Unit 5006, where breathtaking views, modern updates, and a connection to the city's history converge. This is your opportunity to own a piece of Chicago's iconic skyline and history. Don't miss out on this exceptional urban sanctuary.

Listed by Michael Frank for Keller Williams Preferred Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $675,000
  • Property Taxes 10900.73
  • Unit Floor Level 50
  • Square Feet 1450
  • Price/ Sq. Ft. $465.52
  • Year Built 1968
  • Parking Type Garage
  • Buyer's Agent Commission 2.5%
  • Status Active

Rooms

  • Total Rooms 5
  • Master Bedroom

  • Master Bath F
  • Room Size 18X12
  • Living Room

  • Room Size 26X15
  • Floor Level Main Level
  • Flooring Vinyl
  • Dining Room

  • Room Size 11X10
  • Floor Level Main Level
  • Flooring Vinyl
  • Kitchen

  • Room Size 10X10
  • Kitchen Type Eating Area-Breakfast Bar,Island,Pantry-Closet
  • Floor Level Main Level
  • Flooring Ceramic Tile

Additional Rooms

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Heating & Cooling

  • Heating Type Electric

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features Garage Door Opener(s),Heated

Building Information

  • Number of Units 758
  • Age of Building 51-60 Years
  • Exterior Construction Glass,Clad Trim
  • Common Area Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park/Playground, Party Room, Pool-Indoors, Pool-Outdoors, Receiving Room, Restaurant, Sauna, Service Elevator, Steam Room, Valet/Cleaner, Whirlpool, Business Center, Elevator(s),Patio, Water View
  • Exposure N (North),S (South),E (East),City,Lake/Water
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK,Pet Count Limitation,Pet Weight Limitation

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Lake Shore Dr To Illinois To Grand Ave Entrance
  • Schools

  • Elementary School District 299
  • School Name Ogden Elementary
  • Junior High District 299
  • School Name Ogden Elementary
  • High School District 299
  • School Name Wells Community Academy S
  • Property Taxes

  • Tax 10900.73
  • Tax Year 2022
  • Tax Exemptions None
  • Parcel Identification Number 17102140161205

Utilities

  • Sewer Sewer-Publ

Explore Streeterville

Flanked on one side by the crowded sidewalks of Michigan Avenue and the wide open waters of Lake Michigan on the other, Streeterville is home some of the biggest attractions and most visited sites in Chicago. Shop the Magnificent Mile, ride the Ferris wheel at Navy Pier, get culture at the Museum of Contemporary Art and enjoy the vistas from the 94th-floor Observatory at the John Hancock Center, all within a few blocks from your front door. Residents like the architectural grandeur of this small, near north side Chicago neighborhood which also includes iconoclastic landmarks like the ornate Tribune Tower and the Water Tower Place. For living space, towering condominium high-rises are the norm, offering homeowners a high-end lifestyle with a view. Giving up the height but keeping the luxury, three- and four-story brown- and graystones make up the rest of Streeterville real estate. Needless to say, the neighborhood has the best shopping in Chicago with its Mag Mile retailers and flagship department stores. The Streeterville cuisine is just as sought-after, boasting reservation-required restaurants and more casual, family-friendly joints.

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