Address
505 N Lake Shore Drive # 101 Chicago, IL
Price
$ 795,000
Property Attributes
  • MLS#10624210
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodStreeterville
  • Zip60611
  • StyleCommercial,Office
  • Year Built1965
  • Taxes$ 59575
  • Price$ 795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5300
  • Lot Size2.59 Acres
Listing Provided Courtesy Of:
Kinzie Brokerage LLC
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Location! Perfect Street Level 5,300 SF office/retail in Streeterville just steps from Navy Pier! Lake Point Tower is home to over 700 residents with tons of vehicle and foot traffic all year round. Current layout is open concept with meaningful frontage with large windows off Grand St (adjacent to park), 4-5 offices and 2 large conference rooms. The space also features a private entrance off the circle drive of main lobby, 2 ensuite bathrooms, and a small kitchen. Seller is motivated. Monthly CAM charge approximately $2200.

Price History
1/31/2020 Listed $950,000
9/11/2020 17% - $795,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Steel Siding
Cooling Central Air
County Cook
Current Use Commercial, Office
Days on Market 594
Directions Grand St. & N Lake Shore Drive
Electric 201-600 Amps
Flooring Carpet
Leasable Area 5300
Lease Type N/A
MLS Area CHI - Near North Side
Possession Closing
Property Type Retail/Stores
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 70
Street Name Lake Shore
Tax Annual Amount 59575
Tax Year 2020
Tenant Pays Varies by Tenant
Township North Chicago
Unit Number 101
Year Built 1965
Zoning COMMR

Interior Features

Street Suffix Drive

Exterior Features

Building Area Total 5300
Exterior Glass
Frontage Type City Street
Lot Dimensions 112700
Lot Size Square Feet 112700

Amenities

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

Property vs Commercial Average in 60611

Price
AVG $440K
$800K
Taxes
AVG $24,751
$59,575
Visits
AVG 175
488
Year Built
AVG 1949
1965
Walkscore
AVG 93
84
Data Provided by Walkscore ® not using MLS data