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505 N Lake Shore Drive 4901-12 , Chicago, IL 60611
$1,499,000
Est. Payment: $8,042.84/mo
3 Bed
4 Bath
3000 Sqft
Status: contingent | Days on site: 60
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85141 - 122742,132801
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House Description

Call today to view this! Seldom, if ever, do homes of this caliber, on high floors, come to market at Lake Point Tower. This is a combination of two units that feels as if it were originally designed as one residence. At ~3000 ft2, the desirable split floor plan with the master suite on one end, kitchen and living spaces in between and 2 bedrooms on the other end will be perfect for any buyer. This being the only building built East of Lake Shore Dr., you will enjoy expansive West and North city views, the playpen, shore line, beach and lake views day and night. You'll have a front row seat for the Air & Water Show. The extra large master bedroom has two gut renovated ensuite bathrooms. Ensuite #1 has marble and chrome finishes, custom dual bowl vanity, a step-in shower with steam, and loads of built in storage. Ensuite #2 has marble finishes, a soaking tub, custom single bowl vanity and lighted mirror. Two very large custom closets with automatic lights complete the space. The spacious living room, with expansive views, and adjacent dining room, large enough to accommodate seating for 10+, is the perfect place to entertain. A marble decorative fireplace divides the space to the kitchen and family room. The kitchen is a chef's dream. It has custom inset cabinets, Wolfe/Subzero, Bosch and Miele appliances. The massive island has a wine refrigerator and drawer microwave. The comfortable family room, again with amazing views, is the perfect spot to gather with friends or just relax. The 2nd very large bedroom has a custom closet and an ensuite bathroom with a deep soaking tub and all marble finishes. The 3rd bedroom, with French doors, could serve many different functions ie., bedroom, home office or media space. There is an enviable walk-in pantry and laundry room. With two separate entrances, both with custom closets, your family or guests, can come/go without disturbance. Among the other highlights are all hardwood floors (on top of cork) and solid core wood doors throughout, curated lighting, electric blinds, surround sound speakers, and newly skim-coated/painted walls and columns. Two floor-to-ceiling storage units on the same floor as the condo are included. A deeded, easy-in/out, prime, ground floor parking spot with an EV charger is available for separate purchase. The iconic, smoke free building is truly Class A with 24 hour door staff, a 2 acre private garden with grills and tables, a phenomenal health club, indoor/outdoor pools, basketball and racquet ball courts, business center and so much more. The Streeterville location is 2nd to none. At your doorstep is Navy Pier with year around events, shops and dining, Olive Park and Oak Street Beach. Just a short walk is the Magnificent Mile, world class shopping, fine and casual dining, the river walk, the lake front path, grocery, gyms, cafes and so much more.

Highlights

Listed by Steven Acoba , 773-800-9107 Keller Williams Preferred Realty , 708-798-1111. Midwest Real Estate Data mls logo

Property Type

Condo/Townhome

HOA Fee

2461 Monthly

Year Built

1968

County

Cook

Area

CHI - Near North Side

Neighborhood

Lake Point Tower

School District

299

Listing ID

12737459

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Electric Cooktop, TV-Cable
Air Cond:Wall Unit(s)
Fireplaces:Electric
Floor:Hardwood
Other:
  • ▪ Additional:Cats OK, Dogs OK, Number Limit, Size Limit
Water:Lake Michigan,Public

Exterior Features

Lot:Landscaped,Lake Front,Pond,Waterfront
Lot Dimensions:COMMON
Garage Capacity:1
Roof:Other
Others:
  • ▪ Additional:Roof Deck, Outdoor Grill
Sewer:Public Sewer
Parking Features:Concrete,Heated Garage,Yes,Deeded,Attached,Garage
Principal Interest
$8,043
Taxes
$2,167
HOA
$2,461

Home Price

$1,499,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$299,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,042.84

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $8,042.84 $2,167.17 $2,461.00 $12,671.01
Yearly $96,514.10 $26,006.00 $29,532.00 $152,052.10
Total $2,895,422.94 $780,180.00 $885,960.00 $4,561,562.94
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T00:56:05.000Z

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