Lake Point Tower 505 N Lake Shore Dr Unit 1818 Chicago, IL 60611
Streeterville Neighborhood
1
Bed
1
Bath
1,100
Sq Ft
$818/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Steam Room
- Waterfront
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of June 2025Large 1100 sq ft 1 bed/1 bath unit has stunning views of the lake, north shore and city along with all of what Lake Point Tower offers. This updated unit has brand new carpet and paint, stainless steel appliances including a new full-size washer/dryer. HD TV hookup and high-speed internet included! Building amenities include 2.5-acre wooded park on third floor, indoor/outdoor swimming pools, lagoon, BBQ area, playground, full health club with modern equipment, steam & sauna rooms, racquetball/basketball/squash court, conference room, library, business center, dry cleaners and more. CTA transportation across street. Lakefront path right outside door. Michigan Ave shopping and restaurants. Available garage parking space for sale if needed. Seller is a licensed real estate broker.
Last Agent to Sell the Property
City Way Realty LLC License #475202029 Listed on: 03/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,173
Year Built
- Built in 1968 | Remodeled in 2024
Lot Details
HOA Fees
- $818 Monthly HOA Fees
Interior Spaces
- 1,100 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Flooring
- Marble
- Porcelain Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Accessible Home Design
- Halls are 36 inches wide or more
- Accessibility Features
- Doors are 32 inches wide or more
Schools
- Ogden Elementary School
Utilities
- 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
- 750 Units
- Jim Stecko Association, Phone Number (312) 645-8808
- Property managed by First Service Residential
- Lock-and-Leave Community
- 18-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Restaurant
- Steam Room
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Park
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Security Service
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2025
Closed on
Jun 10, 2025
Sold by
Zabadneh Yaser M and Zabadneh Marah
Bought by
Alam Shah Aziz and Alam Sheeda
Seller's Agent
Yaser Zabadneh
City Way Realty LLC
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$419,000
Sold Price
$406,000
Premium/Discount to List
-$13,000
-3.1%
Views
85
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.43%
Purchase Details
Listed on
Jun 17, 2020
Closed on
Aug 2, 2020
Sold by
Jercinovic Ernest G
Bought by
Zabadneh Yaser M and Zabadneh Marah
Seller's Agent
Robert Mack
@properties Christie's International Real Estate
Buyer's Agent
Richard Oudeh
Century 21 Circle
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Original Mortgage
$307,500
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 1997
Sold by
Werner Robert
Bought by
Jercinovic Ernest G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.68%
Purchase Details
Closed on
Oct 13, 1993
Sold by
Lim Joanne T
Bought by
Lim Jourdan T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,700
Interest Rate
7.15%
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $406,000 | None Listed On Document | |
| Warranty Deed | $410,000 | Old Republic National Title | |
| Warranty Deed | $202,500 | -- | |
| Quit Claim Deed | -- | Land Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $307,500 | New Conventional | |
| Previous Owner | $166,500 | New Conventional | |
| Previous Owner | $260,000 | Unknown | |
| Previous Owner | $197,000 | Unknown | |
| Previous Owner | $202,500 | No Value Available | |
| Previous Owner | $150,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $406,000 | -1.9% | $369 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | Price Changed | $414,000 | -1.2% | $376 / Sq Ft |
| 03/22/2025 03/22/25 | For Sale | $419,000 | +2.2% | $381 / Sq Ft |
| 08/20/2020 08/20/20 | Sold | $410,000 | -4.4% | $373 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 06/17/2020 06/17/20 | For Sale | $429,000 | 0.0% | $390 / Sq Ft |
| 06/30/2018 06/30/18 | Rented | $2,500 | 0.0% | -- |
| 06/18/2018 06/18/18 | For Rent | $2,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,173 | $39,048 | $2,244 | $36,804 |
| 2023 | $6,993 | $34,000 | $1,812 | $32,188 |
| 2022 | $6,993 | $34,000 | $1,812 | $32,188 |
| 2021 | $6,837 | $33,999 | $1,811 | $32,188 |
| 2020 | $6,613 | $32,789 | $1,396 | $31,393 |
| 2019 | $6,463 | $35,599 | $1,396 | $34,203 |
| 2018 | $6,353 | $35,599 | $1,396 | $34,203 |
| 2017 | $6,110 | $31,757 | $1,189 | $30,568 |
| 2016 | $5,860 | $31,757 | $1,189 | $30,568 |
| 2015 | $5,339 | $31,757 | $1,189 | $30,568 |
| 2014 | $5,421 | $31,784 | $930 | $30,854 |
| 2013 | $5,302 | $31,784 | $930 | $30,854 |
Source: Public Records
Agents Affiliated with this Home
-
Yaser Zabadneh
Y
Seller's Agent in 2025
Yaser Zabadneh
City Way Realty LLC
(773) 851-0822
2 in this area
6 Total Sales
-
Matt Laricy
Buyer's Agent in 2025
Matt Laricy
Americorp, Ltd
(708) 250-2696
151 in this area
2,507 Total Sales
-
Robert Mack
Seller's Agent in 2020
Robert Mack
@ Properties
(312) 545-6880
20 in this area
20 Total Sales
-
Richard Oudeh
Buyer's Agent in 2020
Richard Oudeh
Century 21 Circle
(708) 275-5837
1 in this area
28 Total Sales
-
Thomas Palmen
Buyer's Agent in 2018
Thomas Palmen
@ Properties
50 Total Sales
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12318857
APN: 17-10-214-016-1608
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