505 N LAKE SHORE Drive # 4901-12
Chicago, IL, 60611 $ 1,599,000
Bedrooms3 Baths3.1 Sq 3,000 Monthly Estimate*
$ 9,845
for $1,599,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,000 square foot condo was built in 1968.
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. Call today before it's gone.
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Condo ActiveCondo,High Rise (7+ Stories)
FeaturesGeneralLiving Area 3000
Sewer Public Sewer
Heating Electric
Cooling Wall Unit(s)
Utilities Cable Available
Possession Closing
Roof Other
Appliances Double Oven Microwave Dishwasher High End Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s) Range Hood Electric Cooktop
HOA Fee 2461
Garage Spaces 1
Association Fee Includes Water Insurance Security Doorman TV/Cable Exercise Facilities Pool Exterior Maintenance Lawn Care Scavenger Snow Removal Internet
Construction Materials Glass Concrete Clad Trim
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1968
Electric 150 Amp Service
Township North Chicago
Unit Number 4901-12
Tax Year 2024
Ownership Condo
Accessibility Door Width 32 Inches or More
Additional Parcels Description 17102140161222 17102140191077
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Elevator(s) Health Club On Site Manager/Engineer Indoor Pool Pool Receiving Room Service Elevator(s) Valet/Cleaner Business Center
Subdivision Name Lake Point Tower
Total Rooms 7
Full Baths 3
Status Active
Directions Illinois East to Streeterville Dr. North to Grand. West to the Lake Point Tower entrance.
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Near North Side
Elementary School Ogden Elementary
Tax Annual Amount 24482
Additional Parcels Y/N Y
Virtual Tour https://tours.positiveimagelive.com/2378404?idx=1
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo High Rise (7+ Stories)
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ExteriorModel 3BR 3.5BTH
Exterior Amenities Roof Deck Outdoor Grill
Parking Features Concrete Heated Garage Yes Deeded Attached Garage
Lot Features Landscaped
Water Source Lake Michigan Public
Total Parking 1
Foundation Details Concrete Perimeter Pillar/Post/Pier Reinforced Caisson
Lot Dimensions COMMON
Waterfront Y/N Y
Other Equipment TV-Cable
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InteriorBasement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Electric
Total Stories 70
Half Baths 1
Laundry Features Main Level Electric Dryer Hookup In Unit Sink
Total Bedrooms 3
Room Type Foyer
Total Baths 4
Bedrooms Possible 3
Bathroom Separate Shower Steam Shower Double Sink Soaking Tub
Total Number of Units 720
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* Excluded FeaturesList ByKeller Williams Preferred RealtyBroker
steveacoba@ameritech.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,845
- Monthly Property Taxes
- $2,040
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $622,513
Percent of Sale Price 61%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2641063 Elementary School
566846 Middle School
Lincoln Park High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/14/2026 | $1,599,000 | | Listed Price |