Lake Point Tower 505 N Lake Shore Dr Unit 1607-08 Chicago, IL 60611
Streeterville NeighborhoodEstimated payment $5,920/month
Total Views
1,542
2
Beds
2
Baths
1,800
Sq Ft
$386
Price per Sq Ft
Highlights
- Doorman
- Fitness Center
- Landscaped Professionally
- Steam Room
- Waterfront
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
ICONIC LAKE POINT TOWER! AN AWARD-WINNING BUILDING WITH BREATHTAKING VIEWS. ENJOY THE FIREWORKS FROM THIS GORGEOUS, SPACIOUS 1800 SQUARE FT COMBINED UNIT FACING THE LAKE, BEACH AND NAVY PIER. FRESHLY PAINTED! KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. SPACIOUS LIVING ROOM & DINING AREA. BRAND NEW LUXURY VINYL FLOORING INSTALLED. SPACIOUS BEDROOMS WITH STUNNING LAKE VIEWS. LAKE POINT TOWER OFFERS FIVE-STAR BUILDING AMENITIES, INCLUDING 24-HOUR DOORSTAFF, A FULLY-EQUIPPED HEALTH CLUB, STEAM AND SAUNA ROOMS, INDOOR AND OUTDOOR POOLS, COMMUNITY ROOM, BUSINESS CENTER. THERE IS A 2.5 ACRE PARK ON THE THIRD FLOOR FEATURES A LAGOON POND, OUTDOOR POOL WITH A WATERFALL, BBQ AREA AND A CHILDREN'S PLAYGROUND. 70TH FLOOR HAS A RESTAURANT. EASY ACCESS TO A 17-MILE BIKE/RUN OR WAL PATH RIGHT OUTSIDE YOUR DOOR. THIS RESIDENCE IS IDEAL FOR TODAY'S ACTIVE LIFESTYLE WITH A COMBINATION OF COMFORT AND CONVENIENCE IN A PREMIER LOCATION.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,127
Year Built
- Built in 1968
Lot Details
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $1,205 Monthly HOA Fees
Parking
- Circular Driveway
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,800 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Storage
- Vinyl Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Property is near a park
Utilities
- Zoned Cooling
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 879 Units
- Jim Stecko Association, Phone Number (312) 645-8808
- High-Rise Condominium
- Property managed by FIRST SERVICE RESIDENTIAL
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Business Center
- Party Room
- Coin Laundry
- Service Elevator
- Package Room
- Convenience Store
- Community Storage Space
- Elevator
Recreation
- Community Spa
- Park
- Bike Trail
Pet Policy
- Pets up to 55 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About Lake Point Tower
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,113 | $23,153 | $1,331 | $21,822 |
| 2023 | $4,113 | $20,000 | $1,074 | $18,926 |
| 2022 | $4,113 | $20,000 | $1,074 | $18,926 |
| 2021 | $4,022 | $19,999 | $1,074 | $18,925 |
| 2020 | $4,331 | $19,441 | $827 | $18,614 |
| 2019 | $4,241 | $21,107 | $827 | $20,280 |
| 2018 | $4,169 | $21,107 | $827 | $20,280 |
| 2017 | $4,053 | $18,829 | $705 | $18,124 |
| 2016 | $3,771 | $18,829 | $705 | $18,124 |
| 2015 | $3,450 | $18,829 | $705 | $18,124 |
| 2014 | $3,496 | $18,845 | $551 | $18,294 |
| 2013 | $3,427 | $18,845 | $551 | $18,294 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | For Sale | $695,000 | -- | $386 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $587,500 | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $470,000 | Unknown | |
| Previous Owner | $650,000 | Unknown |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12337189
APN: 17-10-214-016-1654
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