505 N Lake Shore Drive Unit 516
Chicago, IL 60611
Map
- 1 bed
- 1 bath
- 1,100 sqft
- $418 per sqft
- 1968 build
- – on site
Luxury Corner Unit at Lake Point Tower - Stunning Views & Rare Layout! Welcome to your dream home in the iconic Lake Point Tower - the only residential building east of Lake Shore Drive! This rarely available 1,100 sq. ft. corner unit features a unique curved layout that offers panoramic, unobstructed views of Lake Michigan, the city skyline, and nearby parks - all framed by floor-to-ceiling windows. Recently freshly painted and professionally cleaned, this beautifully maintained condo boasts hardwood flooring throughout the living, dining, and bedroom areas. The open-concept kitchen features granite countertops, stainless steel appliances, and a convenient breakfast bar - with a brand new refrigerator just installed. Enjoy peace of mind with brand new in-unit washer & dryer and all new HVAC units for efficient, year-round comfort. The spacious bedroom includes custom closet organizers offering plenty of storage space. Lake Point Tower's world-class amenities include: * Indoor & outdoor swimming pools * State-of-the-art fitness center & full-service spa * 2.5-acre private wooded park with a pond and playground * Business center, library, & conference rooms * Grocery store, dry cleaner, and salon * 24-hour door staff, on-site maintenance, and valet parking All of this just steps from Navy Pier, Ohio Street Beach, Maggie Daley Park, and the best dining, shopping, and entertainment Chicago has to offer. Don't miss this chance to live in one of Chicago's most iconic and amenity-rich buildings!
Last checked:
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Last updated Jun 29, 2025
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MLS# 12397782 —
The Building
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Year Built:1968
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Rebuilt:No
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New Construction:false
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Construction Materials:Steel Siding, Brick
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Basement:None
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Disability Access:No
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Stories Total:70
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Living Area Source:Plans
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Entry Level:5
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Window Features:Window Treatments
Interior
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Room Type:No additional rooms
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Rooms Total:4
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Interior Features:Open Floorplan
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Laundry Features:In Unit
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Flooring:Hardwood
Room Dimensions
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Living Area:1100
Location
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Directions:Lake Shore Drive to Illinois, North to Grand Ave, Curve Left to Entrance.
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Location:17665
The Property
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Parcel Number:17102140161844
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Property Type:Residential
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Lot Size Dimensions:COMMON
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Waterfront:true
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View:Water
Listing Agent
- Contact info:
- Agent phone:
- (312) 545-6880
- Office phone:
- (312) 682-8500
Taxes
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Tax Year:2023
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Tax Annual Amount:4641.47
Beds
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Bedrooms Total:1
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Bedrooms Possible:1
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Cooling:Window Unit(s)
Utilities
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Sewer:Public Sewer
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Electric:150 Amp Service
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Water Source:Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK, Number Limit, Size Limit
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Association Amenities:Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Clubhouse, Laundry, In Ground Pool, Picnic Area, Trail(s)
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Association Fee:954
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Association Fee Includes:Water, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:Heated Garage, On Site, Attached, Garage
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Garage Spaces:1
Monthly cost estimate
Asking price
$460,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,463
|
| Taxes | $386 |
| Insurance | $126 |
| HOA fees | $954 |
| Utilities | $113 See report |
| Total | $4,042/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/28/25
Jun 28, 2025
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Listed / Active | MRED | $460,000 | 10.8% (3.9% / YR) |
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9/19/22
Sep 19, 2022
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MRED | $415,000 | -3.4% | |
|
8/10/22
Aug 10, 2022
|
MRED | $429,500 |
