Address
505 N Lake Shore Drive # 1516-17 Chicago, IL
Price
$ 699,999
Property Attributes
  • MLS#10853077
  • TypePending
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodLake Point Tower
  • Zip60611
  • StyleCondo,High Rise (7+ Stories)
  • Year Built1968
  • Taxes$ 13733
  • Price$ 699,999
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1800
Listing Provided Courtesy Of:
@properties
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Panoramic views north up the shoreline to Evanston, river and lake views to the south and dazzling night-time views of the city are the highlight of this combined 1800 sf. corner unit with an open floor plan. Hardwood flooring throughout the living area and bedrooms. The large kitchen with granite counters and ample island storage including a separate beverage fridge captures both lake and city exposures creating the perfect backdrop for entertaining. The extra-large primary bedroom suite includes a dry bar, Bang Olufsen stereo speaker system, California Closet walk-in closet with a stainless steel stackable washer dryer and a marble spa-like bathroom with an oversized jacuzzi, separate steam shower and stereo speakers. Sellers are adding a frosted glass window between the bedroom area and jacuzzi. Large second bedroom and full second bath complete this optimal floor plan. Lake Point Tower is a 5 star amenity building, including its own 2.5 acre park on the third floor with an outdoor pool, grills, water falls, pond & playground area; indoor pool, hot tubs, steam & sauna rooms, state-of-the-art fitness center, including Fitness on Demand, community room, conference area, business center , dry cleaners, micro market and more. CTA transportation across street. Close to restaurants and shopping. Lakefront bike/jogging path right outside door. Deeded parking space also available or parking may be leased $275/mo.

Price History
9/10/2020 Listed $750,000
5/17/2021 4% - $725,000
7/29/2021 4% - $699,999

General Features

Additional Parcels Y/N Yes
Association Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna
Association Fee Includes Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Basement None
City Chicago
Cooling 3+ (Window/Wall Unit)
County Cook
Days on Market 362
Directions Lake Shore Dr to Illinois to Grand Ave Entrance Flasher parking behind cab stand on Grand
Elementary School District 299
Garage Spaces 1
HOA Fee 1372
HOA Fee Frequency Monthly
Heating Electric
High School District 299
Interior Features Hardwood Floors, Laundry Hook-Up in Unit
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
Sewer Public Sewer
Standard Status Pending
Status Pending
Street Name Lake Shore
Subdivision Name Lake Point Tower
Tax Annual Amount 13733.56
Tax Year 2019
Total Rooms 5
Township North Chicago
Unit Number 1516-17
Virtual Tour https://tours.vht.com/API/T434091710/nobranding
Year Built 1968

Interior Features

Basement None
Bathrooom Whirlpool, Separate Shower, Steam Shower
Bedrooms Possible 2
Full Baths 2
Living Area 1800
Livingareasource Estimated
Room Type Walk In Closet
Street Suffix Drive
Total Baths 2
Total Bedrooms 2
Total Stories 70

Exterior Features

Buyerofficefax (312) 528-9201
Exterior Steel Siding, Brick, Glass
Garage Onsite Yes
Garage Type Attached
Lot Dimensions COMMON
Water Source Lake Michigan
Waterfront Y/N Yes

Room Details

Room Dimensions Level Flooring Details
Bedroom 2 11X16 Main Hardwood
Dining Room 11X14 Main Hardwood
Kitchen 19X14 Main Marble
Living Room 22X16 Main Hardwood
Master Bedroom 23X15 Main Hardwood
Walk In Closet 6X12 Main

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 Pending Average in 60611

Price
AVG $690K
$700K
Taxes
AVG $19,688
$13,733
Visits
AVG 65
428
Year Built
AVG 1976
1968
Walkscore
AVG 96
83
Data Provided by Walkscore ® not using MLS data