Lake Point Tower 505 N Lake Shore Dr Unit 5605 Chicago, IL 60611
Streeterville Neighborhood
1
Bed
1
Bath
1,100
Sq Ft
$778/mo
HOA Fee
Highlights
- Doorman
- Waterfront
- Community Indoor Pool
- Fitness Center
- Whirlpool Bathtub
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of June 2025Stunning High-Floor 1BR with Unmatched Lake & Navy Pier Views! Wake up to panoramic views of Lake Michigan and Navy Pier from every window in this rarely available, beautifully renovated east-facing one-bedroom. Features include a spacious open layout, custom kitchen with granite counters and stainless steel appliances, elegant flooring, and a custom-built wall unit plus walk-in closet in the bedroom. A perfect blend of style, comfort, and views-don't miss this opportunity!
Last Agent to Sell the Property
Land Fairy Realty Corp. License #471019415 Listed on: 05/17/2025
Last Buyer's Agent
Jennifer Comeaux
Redfin Corporation License #475200729
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,752
Year Built
- Built in 1968
Lot Details
HOA Fees
- $778 Monthly HOA Fees
Parking
- 1 Car Garage
- Circular Driveway
Home Design
- Pillar, Post or Pier Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 1,100 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Storage
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 750 Units
- Jim Stecko Association, Phone Number (312) 467-0505
- High-Rise Condominium
- Lake Point Tower Subdivision
- Property managed by FIRST SERVICE RESIDENTIAL
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Restaurant
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Package Room
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2025
Closed on
Jun 9, 2025
Sold by
George C Lian Declaration Of Trust and Chen Juanxian
Bought by
Sarkis Samira
Seller's Agent
Jingen Xu
Land Fairy Realty Corp.
Buyer's Agent
Jennifer Comeaux
Redfin Corporation
List Price
$399,500
Sold Price
$420,000
Premium/Discount to List
$20,500
5.13%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.90%
Purchase Details
Closed on
Jun 1, 2017
Sold by
Walejeski Thomas J and Walejeski Carita M
Bought by
Liang George C and George Liang Declaration Of Trust
Purchase Details
Closed on
Mar 15, 2016
Sold by
Walejeski Thomas J and Walejeski Carita M
Bought by
Thomas Walejeski And Carita Walejeski Tr
Purchase Details
Closed on
May 16, 2001
Sold by
Prescott Mary S
Bought by
Walejeski Thomas J and Walejeski Carita M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.18%
Purchase Details
Closed on
Feb 9, 1996
Sold by
Jefferson State Bank
Bought by
Prescott Mary Susan
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 |
|---|---|---|---|
| Deed | $420,000 | Citywide Title | |
| Warranty Deed | $409,000 | First American Titles | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $295,000 | -- | |
| Trustee Deed | $23,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $218,000 | New Conventional | |
| Previous Owner | $225,000 | New Conventional | |
| Previous Owner | $260,000 | Unknown | |
| Previous Owner | $272,000 | Unknown | |
| Previous Owner | $272,000 | Unknown | |
| Previous Owner | $5,001 | Credit Line Revolving | |
| Previous Owner | $236,000 | No Value Available | |
| Closed | $44,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $420,000 | +5.1% | $382 / Sq Ft |
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 05/17/2025 05/17/25 | For Sale | $399,500 | 0.0% | $363 / Sq Ft |
| 12/11/2022 12/11/22 | Rented | $2,700 | -3.6% | -- |
| 11/18/2022 11/18/22 | Under Contract | -- | -- | -- |
| 09/20/2022 09/20/22 | Price Changed | $2,800 | -3.4% | $3 / Sq Ft |
| 08/16/2022 08/16/22 | For Rent | $2,900 | -- | -- |
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 | $6,752 | $36,952 | $2,124 | $34,828 |
| 2023 | $6,582 | $32,000 | $1,714 | $30,286 |
| 2022 | $6,582 | $32,000 | $1,714 | $30,286 |
| 2021 | $6,435 | $31,999 | $1,714 | $30,285 |
| 2020 | $6,912 | $31,029 | $1,321 | $29,708 |
| 2019 | $6,768 | $33,688 | $1,321 | $32,367 |
| 2018 | $6,654 | $33,688 | $1,321 | $32,367 |
| 2017 | $5,743 | $30,052 | $1,125 | $28,927 |
| 2016 | $5,519 | $30,052 | $1,125 | $28,927 |
| 2015 | $5,026 | $30,052 | $1,125 | $28,927 |
| 2014 | $5,104 | $30,078 | $880 | $29,198 |
| 2013 | $4,992 | $30,078 | $880 | $29,198 |
Source: Public Records
Agents Affiliated with this Home
-
Jingen Xu
J
Seller's Agent in 2025
Jingen Xu
Land Fairy Realty Corp.
(470) 919-0970
4 in this area
98 Total Sales
-
Jennifer Comeaux
J
Buyer's Agent in 2025
Jennifer Comeaux
Redfin Corporation
-
Joe Schiller
Buyer's Agent in 2022
Joe Schiller
@ Properties
(312) 404-8850
2 in this area
73 Total Sales
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12368176
APN: 17-10-214-016-1134
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