SOLD FEB 6, 2012
RENTED JUN 8, 2025
Lake Point Tower 505 N Lake Shore Dr Unit 2210-09 Chicago, IL 60611
Streeterville Neighborhood
2
Beds
2
Baths
2,300
Sq Ft
$1,118/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Community Indoor Pool
- Steam Room
- Waterfront
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of May 2022An entire curve to call home. Completely upgraded w/granite floor, customized baths, state of the art kitchen, washer/dryer, S,E,W & N views that include three states. Lake, sunrise, sunsets, Navy Pier, boats, fireworks, river & beyond. Full amenity building: 24hr doorman, 2 pools, 2 1/2 acre park, health club, cleaners, grocery store & more. This is a gem on the sceptre of this landmark called Lake Point Tower.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #471005680 Listed on: 07/07/2010
Last Buyer's Agent
Berkshire Hathaway HomeServices Chicago License #471005680 Listed on: 07/07/2010
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,736
Year Built
- Built in 1968
Lot Details
- End Unit
- Additional Parcels
HOA Fees
- $1,118 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Heated Garage
Interior Spaces
- 2,300 Sq Ft Home
- Combination Dining and Living Room
- Storage
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 750 Units
- Association Phone (312) 467-0505
- Lake Point Tower Subdivision
- Property managed by Wolin-Levin
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Restaurant
- Steam Room
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Convenience Store
- Community Storage Space
Recreation
- Community Spa
- Park
- Bike Trail
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2024
Sold by
Pazooki Babak and Sharfaei Soraya
Bought by
Babak Pazooki And Soraya Sharfaei 2011 Joint and Pazooki
Current Estimated Value
Purchase Details
Listed on
Apr 14, 2022
Closed on
May 16, 2022
Sold by
Mark C Walker Trust
Bought by
Pazooki Babak and Sharfaei Soraya
Seller's Agent
Mia Wilkinson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Robert Mack
@properties Christie's International Real Estate
List Price
$900,000
Sold Price
$900,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.39%
Original Mortgage
$720,000
Interest Rate
4.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 1997
Sold by
Chiu Terence
Bought by
Chiu May Yuling
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $900,000 | Proper Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $720,000 | New Conventional | |
| Previous Owner | $648,750 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2025 06/08/25 | Rented | $6,000 | +1.7% | -- |
| 05/15/2025 05/15/25 | Price Changed | $5,900 | -4.8% | $3 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $6,200 | +3.3% | $3 / Sq Ft |
| 04/01/2025 04/01/25 | For Rent | $6,000 | +2.6% | -- |
| 05/02/2023 05/02/23 | Rented | $5,850 | +6.4% | -- |
| 05/01/2023 05/01/23 | Off Market | $5,500 | -- | -- |
| 03/24/2023 03/24/23 | Price Changed | $5,500 | -8.3% | $2 / Sq Ft |
| 03/01/2023 03/01/23 | Price Changed | $6,000 | -7.7% | $3 / Sq Ft |
| 02/17/2023 02/17/23 | Price Changed | $6,500 | -7.1% | $3 / Sq Ft |
| 01/29/2023 01/29/23 | For Rent | $7,000 | 0.0% | -- |
| 05/25/2022 05/25/22 | Sold | $900,000 | 0.0% | $391 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $900,000 | +1.7% | $391 / Sq Ft |
| 02/06/2012 02/06/12 | Sold | $885,000 | -6.7% | $385 / Sq Ft |
| 12/01/2011 12/01/11 | Pending | -- | -- | -- |
| 09/30/2011 09/30/11 | Price Changed | $949,000 | -3.2% | $413 / Sq Ft |
| 06/23/2011 06/23/11 | Price Changed | $980,000 | -4.4% | $426 / Sq Ft |
| 03/23/2011 03/23/11 | Price Changed | $1,025,000 | -10.9% | $446 / Sq Ft |
| 01/06/2011 01/06/11 | Price Changed | $1,150,000 | -8.0% | $500 / Sq Ft |
| 07/06/2010 07/06/10 | For Sale | $1,250,000 | -- | $543 / Sq Ft |
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 | $8,228 | $45,527 | $2,616 | $42,911 |
| 2023 | $8,021 | $39,000 | $2,112 | $36,888 |
| 2022 | $8,021 | $39,000 | $2,112 | $36,888 |
| 2021 | $7,842 | $38,999 | $2,112 | $36,887 |
| 2020 | $8,516 | $38,229 | $1,627 | $36,602 |
| 2019 | $8,339 | $41,505 | $1,627 | $39,878 |
| 2018 | $8,199 | $41,505 | $1,627 | $39,878 |
| 2017 | $7,971 | $37,026 | $1,386 | $35,640 |
| 2016 | $7,416 | $37,026 | $1,386 | $35,640 |
| 2015 | $6,785 | $37,026 | $1,386 | $35,640 |
| 2014 | $6,876 | $37,059 | $1,085 | $35,974 |
| 2013 | $6,740 | $37,059 | $1,085 | $35,974 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Mack
Seller's Agent in 2025
Robert Mack
@ Properties
(312) 545-6880
20 in this area
20 Total Sales
-
Erik Schwab
Buyer's Agent in 2025
Erik Schwab
Corcoran Urban Real Estate
(312) 320-0321
2 in this area
91 Total Sales
-
Chris Vernald
Buyer's Agent in 2023
Chris Vernald
Corcoran Urban Real Estate
(630) 330-7191
2 in this area
191 Total Sales
-
Mia Wilkinson
Seller's Agent in 2022
Mia Wilkinson
Berkshire Hathaway HomeServices Chicago
(312) 719-9771
59 in this area
65 Total Sales
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 07574812
APN: 17-10-214-016-1544
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