Lake Point Tower 505 N Lake Shore Dr Unit 4106-07 Chicago, IL 60611
Streeterville Neighborhood
2
Beds
2
Baths
3,003
Sq Ft
$1,687/mo
HOA Fee
Highlights
- Lake Front
- Landscaped Professionally
- Pond
- In Ground Pool
- Property is near a park
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of September 2024NEW UPGRADES! MASSIVE COMBINED 2 BEDROOM 2 BATH EXECUTIVE UNIT FEATURES: OPEN CONCEPT LAYOUT SPRAWLING OVER 3000 SQ FEET, WET BAR, ALL NEW SS APPLIANCES IN KITCHEN, NEWLY RENOVATED 2ND BATHROOM, NEW DESIGNER PAINT THROUGHOUT ENTIRE UNIT, ELEGANT GRANITE FLOORS, SPA-LIKE MASTER BATH PLUS 360 DEGREE N,S,E & W VIEWS OF THE CHICAGO SKYLINE AND LAKE MICHIGAN IN EVERY ROOM. UNIT IS IN PERFECT CONDITION AND MOVE IN READY!
Last Agent to Sell the Property
Melanie Savvas
ForSalebyOwner.com Referral Services, LLC License #471018530 Listed on: 12/01/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,549
Year Built
- 1968
Lot Details
- End Unit
- Southern Exposure
- East or West Exposure
- Landscaped Professionally
HOA Fees
- $1,687 per month
Parking
- Attached Garage
- Heated Garage
- Garage Transmitter
- Tandem Garage
- Circular Driveway
Home Design
- Pillar, Post or Pier Foundation
- Reinforced Caisson Foundation
- Slab Foundation
- Concrete Siding
- Clad Trim
Interior Spaces
- Wet Bar
- Entrance Foyer
Kitchen
- Breakfast Bar
- Double Oven
- Indoor Grill
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Dryer
- Washer
Eco-Friendly Details
- North or South Exposure
Pool
- In Ground Pool
- Spa
Outdoor Features
- Pond
- Outdoor Grill
Location
- Property is near a park
- Property is near a bus stop
- City Lot
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
- Cable TV Available
Community Details
Amenities
- Common Area
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Aug 28, 2024
Sold by
Draggoo Kevin L and Draggoo Lauri J
Bought by
Chicago Title Land Trust and Trust Number 9002346885
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Chloe Ifergan
Jameson Sotheby's Intl Realty
List Price
$1,099,900
Sold Price
$990,000
Premium/Discount to List
-$109,900
-9.99%
Total Days on Market
86
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,244
Avg. Annual Appreciation
-12.11%
Purchase Details
Listed on
Dec 1, 2014
Closed on
Mar 4, 2015
Sold by
Huff William A and Huff Susan C
Bought by
Draggoo Kevin L and Draggoo Lauri J
Seller's Agent
Melanie Savvas
ForSalebyOwner.com Referral Services, LLC
Buyer's Agent
Anne Mall
Chicago Real Estate Mall
List Price
$1,250,000
Sold Price
$1,199,500
Premium/Discount to List
-$50,500
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Original Mortgage
$1,199,500
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Warranty Deed | $990,000 | Proper Title | |
| Warranty Deed | $1,199,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $920,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,199,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $405,000 | Unknown | |
| Previous Owner | $92,396 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $990,000 | -10.0% | $309 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $1,099,900 | -8.3% | $344 / Sq Ft |
| 03/13/2015 03/13/15 | Sold | $1,199,500 | -4.0% | $399 / Sq Ft |
| 02/25/2015 02/25/15 | Pending | -- | -- | -- |
| 02/13/2015 02/13/15 | For Sale | $1,250,000 | 0.0% | $416 / Sq Ft |
| 02/09/2015 02/09/15 | Pending | -- | -- | -- |
| 01/03/2015 01/03/15 | Price Changed | $1,250,000 | -7.4% | $416 / Sq Ft |
| 12/01/2014 12/01/14 | For Sale | $1,350,000 | -- | $450 / 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 | $10,549 | $58,066 | $3,337 | $54,729 |
| 2023 | $10,284 | $50,000 | $2,694 | $47,306 |
| 2022 | $10,284 | $50,000 | $2,694 | $47,306 |
| 2021 | $10,054 | $49,999 | $2,694 | $47,305 |
| 2020 | $10,862 | $48,760 | $2,076 | $46,684 |
| 2019 | $10,636 | $52,938 | $2,076 | $50,862 |
| 2018 | $10,457 | $52,938 | $2,076 | $50,862 |
| 2017 | $10,166 | $47,224 | $1,768 | $45,456 |
| 2016 | $9,458 | $47,224 | $1,768 | $45,456 |
| 2015 | $8,654 | $47,224 | $1,768 | $45,456 |
| 2014 | $8,770 | $47,266 | $1,384 | $45,882 |
| 2013 | $8,597 | $47,266 | $1,384 | $45,882 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2024
Leigh Marcus
@ Properties
-
C
Buyer's Agent in 2024
Chloe Ifergan
Jameson Sotheby's Intl Realty
-
M
Seller's Agent in 2015
Melanie Savvas
ForSalebyOwner.com Referral Services, LLC
-
A
Buyer's Agent in 2015
Anne Mall
Chicago Real Estate Mall
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08794107
APN: 17-10-214-016-1308
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