Lake Point Tower 505 N Lake Shore Dr Unit 2206-2207 Chicago, IL 60611
Streeterville NeighborhoodEstimated payment $7,383/month
Highlights
- Doorman
- Spa
- Wood Flooring
- Fitness Center
- Waterfront
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
Step into this stunning Lake Point Tower residence that offers unparalleled views of Navy Pier and Lake Michigan's shimmering waters, stunning sunrises and fireworks! This elegant residence expands nearly 2200 square feet and has been meticulously designed to impress, with spacious interiors that perfectly blend sophistication and comfort. This thoughtfully renovated combined condo showcases a harmonious mix of modern and classical design elements. Set up currently as a 2 bedroom plus den, this could be easily converted to a 3 bedroom. Gleaming hardwood floors throughout most of the condo are laid on a diagonal for most effect. The gourmet kitchen boasts premium appliances (Sub-Zero, Miele, GE Monogram), including an induction stove, Brookhaven cabinetry and stunning porcelain counters, ideal for both everyday living and entertaining. The adjacent dining space and built-in cabinetry with Calacatta Onxy counters/backsplash seamlessly blend functionality with style. The primary bedroom suite offers a serene retreat with expansive lake views, complemented by a spa-inspired ensuite bath and ample customized closet space. There is a large walk in closet with pocket doors as well as another large closet in the hallway. The bath has a porcelain floor, white marble tub, large walk in marble shower all designed for your every comfort. The uniquely laid out laundry room provides ample space for organizing essentials, ensuring a clutter-free and efficient laundry experience. The spacious second bedroom features hardwood floors, two good-sized closets and a full bath located just outside the room. This layout ensures both convenience and privacy, making it an ideal setup for a guest suite or a comfortable retreat for family members. The den is a versatile space brimming with natural light, thanks to its curved wall of windows framing stunning views of the Lake and Navy Pier. With custom built-in shelving, warm wood flooring, and a cozy layout, this area can function as a third bedroom, a reading nook, or a productive home office. The design emphasizes both comfort and functionality, making it an inviting corner for unwinding or creativity. Located in this prestigious high-rise, exclusive amenities include full health club experience with indoor pool, hot tubs, basketball/racquetball court, yoga room. In addition, there is a private park located on the 3rd floor with outdoor pool, duck pond, grilling area, children's playground, surrounded by gorgeous landscaping! The Community room, library, business center, storage lockers and laundry room all provide spaces for meetings and relaxing. This home provides easy access to world-class dining, shopping, and vibrant, cultural entertainment options, ensuring you're at the heart of it all. Whether you're hosting guests or enjoying a quiet evening, this property is a rare gem embodying luxury and urban charm. Don't miss your chance to own this spectacular residence with million-dollar views! Contact us today to schedule a private tour and witness the splendor of this urban sanctuary for yourself!
Listing Agent
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 925-7668 License #471004676 Listed on: 06/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,508
Year Built
- Built in 1968 | Remodeled in 2020
Lot Details
- Additional Parcels
HOA Fees
- $1,343 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 22nd floor
- Steel Siding
Interior Spaces
- 2,200 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Den
- Storage
Kitchen
- Double Oven
- Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Spa
Schools
- Ogden Elementary School
- Ogden International Middle School
- Ogden International High School
Utilities
- Zoned Cooling
- Heating Available
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, internet
- 750 Units
- Seth Association, Phone Number (312) 645-8801
- High-Rise Condominium
- Property managed by First Service Residential
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Restaurant
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Package Room
- Convenience Store
- Community Storage Space
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
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 | $4,648 | $32,331 | $1,858 | $30,473 |
| 2023 | $4,493 | $28,000 | $1,500 | $26,500 |
| 2022 | $4,493 | $28,000 | $1,500 | $26,500 |
| 2021 | $4,291 | $27,999 | $1,500 | $26,499 |
| 2020 | $4,804 | $27,148 | $1,155 | $25,993 |
| 2019 | $4,682 | $29,475 | $1,155 | $28,320 |
| 2018 | $4,601 | $29,475 | $1,155 | $28,320 |
| 2017 | $4,352 | $26,294 | $984 | $25,310 |
| 2016 | $4,409 | $26,294 | $984 | $25,310 |
| 2015 | $3,994 | $26,294 | $984 | $25,310 |
| 2014 | $4,066 | $26,317 | $770 | $25,547 |
| 2013 | $3,967 | $26,317 | $770 | $25,547 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | Price Changed | $985,000 | -1.0% | $448 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $995,000 | -- | $452 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12381326
APN: 17-10-214-016-1548
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