Lake Point Tower 505 N Lake Shore Dr Unit 6505 Chicago, IL 60611
Streeterville Neighborhood
1
Bed
1
Bath
1,100
Sq Ft
$786/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Steam Room
- Waterfront
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of June 2024Wake up to breathtaking lake views every morning from the 65th floor of iconic Lake Point Tower!, This 1100 SF one bedroom, one bath newly painted condo features an updated bathroom with double sinks, 2 medicine cabinets, and a rain head shower, as well as a white kitchen with stainless steel appliances and newer water heaters.The open floor plan maximizes the stunning views of the sunrise, Navy Pier, and evening fireworks. The bedroom boasts French doors and ample closet space with built-ins for added storage. Additional features include a large foyer closet perfect to add an in-unit washer/dryer. Relish the 5-star building amenities, including a fully equipped 24/7 health club, racquet ball/basketball court, steam and sauna rooms, indoor and outdoor pools, a community room, library, business center, dry cleaners, self-serve convenience store and a 2.5-acre park on the 3rd floor with a lagoon, BBQ area, and playground. Valet rental parking available for $280/mo. CTA transportation and a17-mile bike/run/walk path is right outside your door. Don't miss this opportunity for stunning views and upscale living at Lake Point Tower!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475157161 Listed on: 05/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,787
Year Built
- Built in 1968
Lot Details
HOA Fees
- $786 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Heated Garage
- Garage Transmitter
Interior Spaces
- 1,100 Sq Ft Home
- Entrance Foyer
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Dual Sinks
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Individual Controls for Heating
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 750 Units
- Seth Winnie Association, Phone Number (312) 467-0505
- High-Rise Condominium
- Property managed by First Service Residential
- Lock-and-Leave Community
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Service 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jun 11, 2024
Sold by
Li Vivian V
Bought by
Blackmoor Alisa
Seller's Agent
Cindy Cook
@properties Christie's International Real Estate
Buyer's Agent
Caitlyn McCrerey
Compass
List Price
$410,000
Sold Price
$395,000
Premium/Discount to List
-$15,000
-3.66%
Views
18
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
$19,200
Avg. Annual Appreciation
6.63%
Original Mortgage
$7,500
Outstanding Balance
$5,386
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$418,779
Purchase Details
Listed on
Jun 8, 2014
Closed on
Jan 28, 2015
Sold by
Enright Hajek Maris
Bought by
Li Vivian V
Seller's Agent
Jean Ward
@properties Christie's International Real Estate
Buyer's Agent
Steve Easton
Urban Real Estate
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Original Mortgage
$300,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 26, 1998
Sold by
Enright Hajek Maris
Bought by
Enright Hajek Maris and The Maris Enright Hajek Living Trust
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 | $395,000 | Proper Title | |
| Deed | $375,000 | Fidelity Natl Title Ins Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,500 | New Conventional | |
| Open | $383,150 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $395,000 | -3.7% | $359 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $410,000 | 0.0% | $373 / Sq Ft |
| 06/18/2021 06/18/21 | Rented | -- | -- | -- |
| 05/17/2021 05/17/21 | For Rent | $2,500 | 0.0% | -- |
| 02/04/2015 02/04/15 | Sold | $375,000 | -1.3% | $341 / Sq Ft |
| 12/15/2014 12/15/14 | Pending | -- | -- | -- |
| 11/12/2014 11/12/14 | Price Changed | $380,000 | -4.8% | $345 / Sq Ft |
| 09/21/2014 09/21/14 | For Sale | $399,000 | 0.0% | $363 / Sq Ft |
| 07/18/2014 07/18/14 | Pending | -- | -- | -- |
| 06/17/2014 06/17/14 | Price Changed | $399,000 | -1.5% | $363 / Sq Ft |
| 06/08/2014 06/08/14 | For Sale | $405,000 | -- | $368 / 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 | $6,962 | $38,572 | $2,217 | $36,355 |
| 2023 | $6,787 | $33,001 | $1,790 | $31,211 |
| 2022 | $6,787 | $33,001 | $1,790 | $31,211 |
| 2021 | $6,636 | $32,999 | $1,789 | $31,210 |
| 2020 | $7,215 | $32,389 | $1,379 | $31,010 |
| 2019 | $7,065 | $35,165 | $1,379 | $33,786 |
| 2018 | $6,946 | $35,165 | $1,379 | $33,786 |
| 2017 | $6,753 | $31,369 | $1,174 | $30,195 |
| 2016 | $6,283 | $31,369 | $1,174 | $30,195 |
| 2015 | $5,748 | $31,369 | $1,174 | $30,195 |
| 2014 | $5,825 | $31,397 | $919 | $30,478 |
| 2013 | $4,890 | $31,397 | $919 | $30,478 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Cindy Cook
@ Properties
(773) 383-4345
16 in this area
53 Total Sales
-
Seller Co-Listing Agent in 2024
Darby Swagerman
@ Properties
(773) 294-9147
4 in this area
52 Total Sales
-
Buyer's Agent in 2024
Caitlyn McCrerey
Compass
(312) 315-1020
1 in this area
52 Total Sales
-
J
Buyer's Agent in 2021
Juliana Aranda
Superior R.E. Services, Inc.
(708) 655-6118
21 Total Sales
-
J
Seller's Agent in 2015
Jean Ward
@ Properties
-
Seller Co-Listing Agent in 2015
Robert Mack
@ Properties
(312) 545-6880
20 in this area
20 Total Sales
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12046656
APN: 17-10-214-016-1026
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