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MLS #10954752

505 N Lake Shore Drive 7000, Chicago IL, 60611
streeterville Condo

Bed: 4 | Bath: 5 | Tax: 4902.24 | HOA: $2,000

For Sale: $4,700,000

-87.6123309,41.8915

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    Located on the 70th floor of Lake Point Tower, it is the most sought-after rooftop location in downtown Chicago. With spectacular 360-degree panoramic views of the Chicago's Skyline, Lake Michigan, The Chicago Harbor and Millennium Park.Bring your architect and imagination and make this one of a kind property (zoned for commercial and / or residential usage) to create... * A Grand Residential Penthouse * Executive Offices * Art Gallery / Photographer Studio * Private Museum * Medical Offices This extremely unique space also overlooks Navy Pier and provides a bird's eye view of the Chicago Summer Fireworks Display (May-September) and the Chicago Air and Water Show. The property is the "Crown Jewel" of Lake Point Tower Condominium, with Epic Views from the Chicago Landmark, Designed and built as private club for the residents of the Lake Point Tower, the space was initially intended to support an intimate lounge trade. The Space has been the home of Cite restaurant for decades, a coveted "bucket list" restaurant destination in Chicago. Cite was voted one of Chicago's 10 Best Romantic Places to dine by USA Today and voted - "Best Views in Chicago" - by OpenTable Diners 2019. The current interior (as a restaurant) is timeless. World-class interior designer Norman De Hann fashioned the restaurant using classic glamour interiors with high-end finishes of actual gold leaf throughout the restaurant, rare tiger wood at the bar and full slab marble in the foyer areas augmenting the rich, romantic ambiance and unmatched spectacular views. Lake Point Tower by itself is an architectural masterpiece and is coupled with amazing 360-degree panoramic views... Every seat at Cite Restaurant has a breathtaking view. This has been recognized by the media with a plethora of accolades on numerous occasions throughout the years. 505 North Lake Drive is located next to Navy Pier, prime Chicago location and is the Midwest's most popular leisure destination. In 2016, Navy Pier completed Phase 1 of an impressive re-imagination and redevelopment of this historical landmark in honor of its 100th anniversary. Dubbed the "Centennial Vision", this exciting project enhanced and improved public spaces, expanded year-round programming, and added more exciting entertainment and local restaurant options. Asking price includes 2,400 SF of commercial space that can be used as home office, wine storage, dry storage or just rent out for additional income. The available space and assorted storage are located on the 2nd floor of Lake Point Tower.


    Features and Information

    Property Information

    • List Price: $4,700,000
    • Tax: $4,902
    • Assessments: $2,000
    • Square Feet: 4700
    • Market Time: 223
    • Status: Active
    • Type: Condo
    • Built: 1968
    • Garage Spaces: -
    • Dimensions: COMMON

    Property Location

    • Address: 505 N Lake Shore Drive 7000
    • Unit: 7000
    • Unit Floor Level: 70
    • City/State: Chicago
    • ZIP: 60611
    • MLS Area: CHI - Near North Side
    • County: Cook
    • PIN #: 17102140450000

    Features

    • Heat: Baseboard
    • Air Conditioning: Other
    • Appliances: -
    • Parking: Garage
    • Age: 51-60 Years
    • Exterior: Frame,Other
    • Exposure: N (North)
    • Assessments Include: Security, Doorman, Exercise Facilities, Pool, Lawn Care, Snow Removal

    Rooms

    • Total Rooms: 8
    • Bedrooms: 4
    • Master Bedroom: 10X10
    • Bedroom 2: 10X10
    • Bedroom 3: 10X10
    • Bedroom 4: 10X10
    • Bathrooms: 5
    • Living Room: 10X10
    • Family Room: 10X10
    • Dining Room: 10X10
    • Kitchen: 10X10
    • Basement Bath: No
    • Master Bath: Full

    Copyright 2020 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Map of 505 N Lake Shore Drive 7000, Chicago IL, 60611
    Learn More About Streeterville

    Listed by Herve Barbera - Herve F. Barbera Realtors Source: MRED

    Schools In The streeterville Area

    See grade levels, address, and scores for schools in the streeterville area.

    20 schools in area
    School Type Level Grade(s) Rating

    Salazar Elementary Bilingual Center

    160 West Wendell Street

    Public Preschool - Middle PK-8
    5

    Chicago International Charter School

    11 E Adams St Ste 600

    Charter Preschool - High PK-12
    1

    Payton College Preparatory High School

    1034 North Wells St

    Public High 9-12
    10

    The Latin School Of Chicago

    59 West North Boulevard

    Private Preschool - High PK-12
    NR

    Village Leadership Academy

    800 S Wells St Ste 90

    Private Preschool - Middle PK-7
    NR

    British International School of Chicago, South Loop

    161 W. 9th Street

    Private Preschool - High PK-12
    NR

    Jones College Prep High School

    700 South State Street

    Public High 9-12
    10

    Catherine Cook School

    226 West Schiller Street

    Private Preschool - Middle PK-8
    NR

    Renaissance Preparatory School

    719-721 S State St

    Private Elementary, High 4, 10-12
    NR

    Lawrence Hall-Lakewood

    65 East Wacker Place

    Private Elementary - High n/a
    NR

    City Of Chicago School District 299

    125 South Clark St

    Preschool - High PK-12
    NR

    Franklin Elementary Fine Arts Center

    225 West Evergreen Ave

    Public Elementary - Middle K-8
    5

    Lasalle Elementary Language Academy

    1734 North Orleans St

    Public Elementary - Middle K-8
    7

    Bright Horizons at The Atrium

    300 W Hill St

    Private Preschool - Elementary PK-1
    NR

    Cornerstone Academy

    1111 N Wells St # 4th

    Private Elementary - High n/a
    NR

    Cornerstone Academy

    1111 N Wells St Fl 4

    Private High 9-12
    NR

    Skinner North Elementary School

    640 West Scott St

    Public Elementary K-6
    10

    Latin School Of Chicago Lower

    1531 North Dearborn Parkway

    Private Preschool - Elementary PK-4
    NR

    Noble Academy

    1443 N Odgen

    Charter High 9
    NR

    Chicago Basketball Academy

    River North

    Private Middle - High 7-12
    NR

    School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

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