Lake Point Tower 505 N Lake Shore Dr Unit 1006 Chicago, IL 60611
Streeterville NeighborhoodEstimated payment $3,690/month
Total Views
1,879
1
Bed
1
Bath
1,100
Sq Ft
$432
Price per Sq Ft
Highlights
- In Ground Pool
- Formal Dining Room
- Laundry Room
- Waterfront
- Living Room
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
Fully remodeled spacious one bedroom, one bath condo in the Iconic Lake Point Tower with a panoramic east facing view of Lake Michigan, Navy Pier and daily picturesque sunrises from the comfort of your home. The open concept features elegant wood look LVT flooring, quartz countertops with water fall features on the island cabinets, full height backsplash, Black stainless appliances and designer pendant lighting. The bathroom features a large vanity with quartz countertop, undermount sink, and a glass enclosure for the spacious shower. Closets, closets, closets. There is a walk-in closet in the bedroom, a walk-in laundry room with built-n shelving and a 10-foot closet in the living space. Lake Point Tower offers resort style amenities including an award winning 2.5-acre park, lagoon, in ground pool, waterfall, BBC area and playground. Indoor features include Community room conference room, office center, full fitness center, Steam/Saunas, indoor pool and hot tubs. This rare building is with-in walking distance to the Lakefront trail, CTA center, numerus restaurants, a movie theater, Northwestern Hospital too many others to list. This is a must see property,
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,486
Year Built
- Built in 1968
HOA Fees
- $665 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
Home Design
- Steel Siding
Interior Spaces
- 1,100 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Heating Available
Additional Features
- In Ground Pool
Community Details
Overview
- Association fees include water, tv/cable, exterior maintenance, lawn care
- 750 Units
- Lake Point Tower Condo Assn. Association, Phone Number (312) 467-0505
- Lake Point Tower Subdivision
- Property managed by Lake Point Tower Condo Assn.
Pet Policy
- Pets up to 50 lbs
- Dogs and Cats Allowed
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 | $5,486 | $30,171 | $1,734 | $28,437 |
| 2023 | $5,348 | $26,000 | $1,400 | $24,600 |
| 2022 | $5,348 | $26,000 | $1,400 | $24,600 |
| 2021 | $4,558 | $25,999 | $1,399 | $24,600 |
| 2020 | $4,953 | $25,335 | $1,078 | $24,257 |
| 2019 | $4,837 | $27,506 | $1,078 | $26,428 |
| 2018 | $4,755 | $27,506 | $1,078 | $26,428 |
| 2017 | $4,555 | $24,537 | $918 | $23,619 |
| 2016 | $4,414 | $24,537 | $918 | $23,619 |
| 2015 | $4,016 | $24,537 | $918 | $23,619 |
| 2014 | $4,080 | $24,559 | $719 | $23,840 |
| 2013 | $3,988 | $24,559 | $719 | $23,840 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $475,000 | -- | $432 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $737,500 | Pntn | |
| Warranty Deed | $206,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $700,000 | Unknown | |
| Previous Owner | $100,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $235,000 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12423983
APN: 17-10-214-016-1764
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