505 N Lake Shore Drive # 518

Chicago, IL
$ 399,000 Beds 1 Baths 1 Sq 1,100 Virtual Tour
Monthly Estimate* How much can I afford?

Spacious northeast facing condo at prestigious Lake Point Tower offers walls of windows showcasing Chicago's beautiful skyline, Lake Michigan, and beach/park views. The extensive 1100 sq ft space has a large living area and separate dining room, perfect for relaxing or entertaining. Stone bath has over-sized walk in shower, and kitchen has granite countertops and stainless steel appliances. You will love this light-filled space. Full amenity building with indoor and outdoor pools, exercise room, steam/sauna, grills, business center, community room, over 2-acre park, and lagoon. 24-hour doormen, bike room, storage room, dry cleaners and more. Right at the lakefront/bike/walking path, Navy Pier, trolley, and city bus stop. 1 block to Target and Walgreen's, 3 blocks to Michigan Ave, 2 blocks to Whole Foods, and 1 mile from the Loop, this unit not only one has the best city and lake views but one of the most convenient in all of Chicago. Washer and Dryer can be installed in the front closet.

Condos

  • Price
  • $ 399,000
  • Lot Size
  • Bedrooms
  • 1
  • Sqr Footage
  • 1,100
  • Full Bathrooms
  • 1
  • Year Built
  • 1968
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • 6723
  • County
  • COOK
  • Style
  • Condo,High Rise (7+ Stories)
  • Area
  • CHI - Near North Side
  • MLS#
  • 11005869
  • Zip
  • 60611
Listing Provided by: Berkshire Hathaway HomeServices Chicago
Data Source: Midwest Real Estate Data LLC

Features

General

Appliances Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
Association Amenities Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna
Association Fee Includes Water, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Cooling 3+ (Window/Wall Unit)
Elementary School District 299
Exterior Features Pool In-Ground, Storms/Screens, Outdoor Grill, Cable Access
HOA Fee 701
HOA Fee Frequency Monthly
Heating Electric
High School District 299
Interior Features Hardwood Floors
Middle/Junior School District 299
New Construction No
Ownership Condo
Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit
Property Type Attached Single
Property Type Residential
Roof Rubber
Sewer Public Sewer
Standard Status Active
Tax Annual Amount 6723.74
Total Rooms 4
Township North Chicago

Interior Features

Basement None
Basement None
Bathrooom Separate Shower, No Tub
Bedroomspossible 1
Full Baths 1
Kitchen Pantry-Closet
Laundry Features Common Area
Room Type Walk In Closet, Foyer, Storage
Total Baths 1
Total Bedrooms 1

Exterior Features

Exterior Steel Siding, Glass
Foundation Details Reinforced Caisson
Garage Onsite Yes
Garage Ownership Fee/Leased
Garage Type Attached
Lot Dimensions COMMON
Lot Features Common Grounds
Water Source Lake Michigan
Waterfront Y/N Yes

Room Details

Dining Room 12X10 Main Level Hardwood
Family Room Not Applicable
Addtl Room 2 Name 8X7 Main Level Hardwood
Living Room 16X20 Main Level Hardwood
Master Bedroom 13X16 Main Level Hardwood
Addtl Room 3 Name 5X4 Main Level Hardwood
Addtl Room 1 Name 4X5 Main Level Hardwood

Amenities

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/1/2021 Listed $405,000
3/10/2021 2% - $399,000

Property vs Zip Code Average in 60611

Price
AVG $880K
$400K
Taxes
AVG $13,722
$6,723
Visits
AVG 104
16
Year Built
AVG 1978
1968
Walkscore
AVG 96
83
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

505 N Lake Shore Drive # 518 Chicago, IL is a Single Family Home for sale at $399000 with 1100 sqft and a lot size of Acre(s). 505 N Lake Shore Drive # 518 Chicago has 1 bedrooms, 1 baths and was built in 1968. The property's zip code is 60611 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.