Lake Point Tower 505 N Lake Shore Dr Unit 4105 Chicago, IL 60611
Streeterville NeighborhoodEstimated payment $5,132/month
Total Views
8,458
2
Beds
2
Baths
1,450
Sq Ft
$424
Price per Sq Ft
Highlights
- Waterfront
- Laundry Room
- Family Room
- Living Room
- Dining Room
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
Experience Unmatched Waterfront Living at Lake Point Tower. Come home to breathtaking, unobstructed waterfront views in this stunning east-facing residence on the 41st floor of the iconic Lake Point Tower-one of Chicago's most prestigious addresses. This spacious 2-bedroom, 2-bathroom open-concept unit offers 1,450 square feet of living space, with panoramic views of the historic Chicago Harbor and Navy Pier from every room. The home features new hardwood floors throughout and updated mechanicals, including new in-unit HVAC systems with heat pumps and an in-unit washer and dryer. Located east of Lake Shore Drive, Lake Point Tower is the only residential building on the lakefront and offers direct access to Ohio Street Beach, Navy Pier, and the lakefront trail system. Enjoy the building's exclusive 2.5-acre private park with an outdoor pool, playground, and barbecue area. Additional amenities include an indoor pool, state-of-the-art fitness center, saunas, steam rooms, 24-hour door staff, and full security. On-site parking is available, and the location provides convenient access to Lake Shore Drive and public transportation. Schedule your private showing today and discover the views, lifestyle, and amenities that set this home apart.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,861
Year Built
- Built in 1968
Lot Details
HOA Fees
- $1,050 Monthly HOA Fees
Interior Spaces
- 1,450 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Heat Pump System
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, doorman, clubhouse, exercise facilities, pool, exterior maintenance, scavenger, snow removal
- 752 Units
- Lydia Scarinella Association, Phone Number (312) 467-0505
- Property managed by FS Residential
- 70-Story Property
Pet Policy
- Pets up to 55 lbs
- Dogs 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 | $8,861 | $48,946 | $2,813 | $46,133 |
| 2023 | $8,638 | $42,000 | $2,271 | $39,729 |
| 2022 | $8,638 | $42,000 | $2,271 | $39,729 |
| 2021 | $8,446 | $41,999 | $2,270 | $39,729 |
| 2020 | $9,156 | $41,100 | $1,749 | $39,351 |
| 2019 | $8,965 | $44,623 | $1,749 | $42,874 |
| 2018 | $8,815 | $44,623 | $1,749 | $42,874 |
| 2017 | $8,569 | $39,807 | $1,490 | $38,317 |
| 2016 | $7,973 | $39,807 | $1,490 | $38,317 |
| 2015 | $7,294 | $39,807 | $1,490 | $38,317 |
| 2014 | $7,392 | $39,842 | $1,166 | $38,676 |
| 2013 | $7,246 | $39,842 | $1,166 | $38,676 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $615,000 | -- | $424 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $540,000 | Chicago Title Insurance Co | |
| Warranty Deed | $475,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $338,000 | -- | |
| Warranty Deed | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $405,000 | New Conventional | |
| Previous Owner | $600,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $294,500 | Unknown | |
| Previous Owner | $14,250 | Credit Line Revolving | |
| Previous Owner | $294,500 | Unknown | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $268,800 | Unknown | |
| Previous Owner | $269,300 | Unknown | |
| Previous Owner | $270,400 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12421210
APN: 17-10-214-016-1309
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