505 N Lake Shore Drive # 518

Chicago, IL
$ 419,000 Beds 1 Baths 1 Sq 1,100 Virtual Tour
Monthly Estimate* How much can I afford?

Spacious northeast facing condo at prestigious Lake Point Tower offers walls of windows showcasing Chicago's beautiful skyline, Lake Michigan, and beach/park views. The extensive 1100 sq ft space has a large living area and separate dining room, perfect for relaxing or entertaining. All new floors throughout. Stone bath has over-sized walk in shower, and kitchen has granite countertops and stainless steel appliances, a washer and dryer compliment the living features. You will love this light-filled space. Large bedroom with great views and walk in closet. Full amenity building with indoor and outdoor pools, exercise room, steam/sauna, grills, business center, community room, over 2-acre park, and lagoon. 24-hour doormen, bike room, storage room, dry cleaners and more. Right at the lakefront/bike/walking path, Navy Pier, trolley, and city bus stop. 1 block to Target and Walgreen's, 3 blocks to Michigan Ave, 2 blocks to Whole Foods, and 1 mile from the Loop, this unit not only one has the best city and lake views but one of the most convenient in all of Chicago.

Condos

  • Price
  • $ 419,000
  • Lot Size
  • Bedrooms
  • 1
  • Sqr Footage
  • 1,100
  • Full Bathrooms
  • 1
  • Year Built
  • 1968
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • $ 6866
  • County
  • COOK
  • Style
  • Condo,High Rise (7+ Stories)
  • Area
  • CHI - Near North Side
  • MLS#
  • 11251521
  • Zip
  • 60611
Listing Provided by: Berkshire Hathaway HomeServices Chicago
Data Source: Midwest Real Estate Data (MRED)

Features

General

Additional Parcels Y/N No
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Association Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna
Association Fee Includes Water, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Basement None
City Chicago
Cooling Window/Wall Units - 3+
County Cook
Days on Market 6
Directions ILLINOIS EAST TO LAKE SHORE DRIVE
Elementary School District 299
Exterior Features In Ground Pool, Storms/Screens, Outdoor Grill, Cable Access
HOA Fee 701
HOA Fee Frequency Monthly
Heating Electric
High School District 299
Interior Features Hardwood Floors, Beamed Ceilings
MLS Area CHI - Near North Side
Middle/Junior School District 299
New Construction No
Ownership Condo
Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit
Possession Closing
Property Type Attached Single
Property Type Residential
Roof Rubber
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Lake Shore
Tax Annual Amount 6866.84
Tax Year 2020
Total Rooms 4
Township North Chicago
Unit Number 518
Virtual Tour https://tour.vht.com/434209944/IDXS
Year Built 1968

Interior Features

Basement None
Bathrooom Separate Shower, No Tub
Bedrooms Possible 1
Full Baths 1
Laundry Features Electric Dryer Hookup, In Unit, Laundry Closet
Living Area 1100
Livingareasource Plans
Room Type Foyer, Walk In Closet
Street Suffix Drive
Total Baths 1
Total Bedrooms 1
Total Stories 70

Exterior Features

Exterior Steel Siding, Glass
Foundation Details Reinforced Caisson
Garage Onsite Yes
Garage Ownership Fee/Leased
Garage Type Attached
Lot Dimensions COMMON
Lot Features Common Grounds, Water View
Water Source Lake Michigan
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/20/2021 Listed $419,000

Property vs Zip Code Average in 60611

Price
AVG $1.17M
$420K
Taxes
AVG $17,965
$6,866
Visits
AVG 128
56
Year Built
AVG 1978
1968
Walkscore
AVG 97
84
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

505 N Lake Shore Drive # 518 Chicago, IL is a Single Family Home for sale at $419000 with 1100 sqft and a lot size of Acre(s). 505 N Lake Shore Drive # 518 Chicago has 1 bedrooms, 1 baths and was built in 1968. The property's zip code is 60611 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.