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
MLS #MRD12212540 image #0MLS #MRD12212540 image #1MLS #MRD12212540 image #2MLS #MRD12212540 image #3MLS #MRD12212540 image #4
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 / $1,125,000
MLS #:
MRD12212540
Status:
Closed (Feb 21, 2025)
Beds:
3
Baths:
3
Type:
Condo
Subdivision:
Lake Point Tower
Neighborhood:
CHI – Near North Side
Listed Date:
Dec 2, 2024
Finished Sq Ft:
3,000
Year Built:
1968
WaterfrontChi – Near North SideChi – Near North SideLake Point TowerProbate

Schools

School District:
299

Interior

Appliances
Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Oven, Electric Oven
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Wall Unit(s)
Heating
Electric
Interior Features
Sauna, Bar-Wet, Elevator, Laundry Hook-Up in Unit, Storage, Built-in Features, Open Floorplan, Some Carpeting, Dining Combo, Doorman, Drapes/Blinds, Health Facilities, Lobby, Some Wall-To-Wall Cp
Laundry Features
Electric Dryer Hookup, In Unit, Laundry Closet

Exterior

Association Amenities
Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Laundry, Public Bus, Picnic Area, Private Indoor Pool, Private Inground Pool, Private Laundry Hkup
Exterior Features
Patio, Hot Tub, In Ground Pool, Outdoor Grill, End Unit, Cable Access
Garage Spaces
2
Lot Features
Common Grounds, Lake Front, Landscaped, Park Adjacent, Pond(s), River Front, Water View, Views, Waterfront
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Roof
Other

Financial

HOA Fee
$2,450
HOA Fee 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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Current real estate data for Condo in Chicago as of Nov 14, 2026
2,957
Condo Listed
71
Avg DOM
376
Avg $ / SqFt
$651,311
Avg List Price

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Property Summary

    Located in the Lake Point Tower subdivision, 505 N Lake Shore Drive #2507-06 Chicago IL is a Condo for sale in Chicago, IL, 60611. It is listed for $1,325,000 and features 3 beds, 3 baths, and has approximately 3,000 square feet of living space, and was originally constructed in 1968. The current price per square foot is $442. The average price per square foot for Condo listings in Chicago is $376. The average listing price for Condo in Chicago is $651,311. To schedule a showing of MLS#mrd12212540 at 505 N Lake Shore Drive #2507-06 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
505 N Lake Shore Drive #2507-06
Chicago, IL