505 N Lake Shore Drive #2507-06
Chicago, IL, 60611
$1,325,000
3 Beds
3 Baths
3,000 SqFt
0 Acres
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$1,325,000
505 N Lake Shore Drive #2507-06
Chicago, IL, 60611
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Step into the epitome of luxury living in Chicago’s most iconic lakefront building, Lake Point Tower-the only residential building east of Lake Shore Drive. This combined double end unit on the 25th floor boasts 3,000 square feet of living space with views of Lake Michigan and Chicago from every room. Your new lifestyle begins immediately when you move into this fully furnished condo that includes comfortable appointments for each room. The well thought out floor plan includes wall-to-wall windows that brighten all living spaces and each of the 3 bedrooms. The kitchen is appointed with white cabinets and Corian counters that extend into a large dining area with barstool seating. A new refrigerator was installed in 2022. A new laundry pair has also been added to the adjacent walk in pantry. The primary suite features ample closets as well as walk behind customized built storage. The ensuite bath features a spacious shower and soaking tub, 2 marble vanity areas, and a private toilet/bidet. The second bedroom is spacious and includes an ensuite full bathroom. The 3rd spacious bedroom has been set up for a convenient home office. This sale will also include a 2-car tandem deeded parking space very close to the heated garage entrance. Two additional storage cages are also assigned to the unit and located on the 2nd floor. Lake Point Tower living includes an unmatched suite of amenities, including outdoors a 2.5-acre private park with landscaped grounds, BBQ grilling area, and playground. Inside find access to the indoor and outdoor pools, and a fully equipped health club on-site. There is 24-hour security, valet parking, and concierge services. Additional on-site conveniences include a business center, meeting rooms, a community lounge for work or relaxation, dry cleaners, hair salon, convenience store, and more. This residence truly offers the rare combination of luxury and location. Whether you’re looking for a turnkey investment or a second home in the city, this property checks every box. Property being sold as-is with furniture (furniture included at no additional value).

Property Details

Price:
$1,325,000
MLS #:
MRD12212540
Status:
Active Under Contract
Beds:
3
Baths:
3
Address:
505 N Lake Shore Drive #2507-06
Type:
Condo
Subdivision:
Lake Point Tower
Neighborhood:
CHI – Near North Side
City:
Chicago
Listed Date:
Dec 2, 2024
State:
IL
Finished Sq Ft:
3,000
ZIP:
60611
Year Built:
1968

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built- In Oven, Electric Oven
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Window/ Wall Units – 3+
Heating
Electric
Laundry Features
Electric Dryer Hookup, In Unit, Laundry Closet

Exterior

Exterior Features
Patio, Hot Tub, In Ground Pool, Outdoor Grill, End Unit, Cable Access
Parking Spots
2
Roof
Other

Financial

HOA Fee
$2,450
HOA Frequency
Monthly
HOA Includes
Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Tax Year
2023
Taxes
$21,737
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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505 N Lake Shore Drive #2507-06
Chicago, IL