Lake Point Tower 505 N Lake Shore Dr Unit 6601 Chicago, IL 60611
Streeterville NeighborhoodEstimated payment $11,876/month
Total Views
11,581
3
Beds
4
Baths
2,985
Sq Ft
$434
Price per Sq Ft
Highlights
- Doorman
- Boat Dock
- Steam Room
- Lake Front
- Beach Access
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
PENTHOUSE#6601-2,985' UNOBSTRUCTED LAKE, CITY, AIR SHOW, boat views. Perfect Corporate Condo. Media center equipment in LR and BR, 50" Plasma, Wet bar, custom closets, and storage. Dacor Gourmet kitchen with removable modules, Sub Zero, large pantry. Stand up freezer in large storage custom Baths with Toyo toilets. Custom mirrored closets, custom wood flooring in LR/DR. Custom marble floor in bedrooms.Walk-in closets/dressing area, soaking tub. Motorized CA King bed. Blackout curtains.Window treatments.High tech lighting. Second entry. 8 line phone with 8 handsets and full intercom and paging on all phones. Internet WIFI installed. Full digital cable installed in every room. Parking available. PETok This is spectacular with fabulous views. Originally 4 bedrooms. Master bedroom combined two bedrooms. Now listed as 3 bedrooms. Dream views, linear floor plan, gourmet kitchen, walk-in pantry, double kitchen sink, etc. Option for Investor: Lease Back to the seller.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $25,108
Year Built
- Built in 1968
Lot Details
- End Unit
- Fenced Yard
HOA Fees
- $2,742 Monthly HOA Fees
Parking
- 400 Car Attached Garage
- Leased Parking
- Heated Garage
Home Design
- Penthouse
- Pillar, Post or Pier Foundation
- Reinforced Caisson Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 2,985 Sq Ft Home
- Family Room
- Living Room
- Formal Dining Room
- Home Theater
- Home Office
- Sauna
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- In-Law or Guest Suite
- 4 Full Bathrooms
- Bidet
- Whirlpool Bathtub
- Garden Bath
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessibility Features
- No Interior Steps
Pool
- In Ground Pool
- Spa
Outdoor Features
- Beach Access
- Rooftop Deck
- Outdoor Grill
Location
- Property is near a park
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating Available
- 150 Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 720 Units
- Jim Stecko Association, Phone Number (312) 645-8808
- Lake Point Tower Subdivision, Paris Penthouse Floorplan
- Property managed by First Service Residential
- Lock-and-Leave Community
- 70-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Common Area
- Restaurant
- Steam Room
- Business Center
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
- Elevator
Recreation
- Boat Dock
- Tennis Courts
- Community Spa
- Park
- Bike Trail
Pet Policy
- Pets up to 30 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
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 | $25,108 | $136,765 | $7,860 | $128,905 |
| 2023 | $23,772 | $119,000 | $6,345 | $112,655 |
| 2022 | $23,772 | $119,000 | $6,345 | $112,655 |
| 2021 | $23,260 | $118,999 | $6,345 | $112,654 |
| 2020 | $24,893 | $114,845 | $4,889 | $109,956 |
| 2019 | $24,362 | $124,687 | $4,889 | $119,798 |
| 2018 | $24,630 | $124,687 | $4,889 | $119,798 |
| 2017 | $22,637 | $111,231 | $4,165 | $107,066 |
| 2016 | $21,421 | $111,231 | $4,165 | $107,066 |
| 2015 | $19,559 | $111,231 | $4,165 | $107,066 |
| 2014 | $19,838 | $111,327 | $3,259 | $108,068 |
| 2013 | $19,428 | $111,327 | $3,259 | $108,068 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2025 01/11/25 | For Sale | $1,295,000 | 0.0% | $434 / Sq Ft |
| 12/31/2024 12/31/24 | Off Market | $1,295,000 | -- | -- |
| 05/07/2024 05/07/24 | For Sale | $1,295,000 | -- | $434 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $877,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $479,250 | Stand Alone First | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12049256
APN: 17-10-214-016-1018
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