505 N Lake Shore Drive # 708-709
Chicago, IL, 60611 $ 815,000
Bedrooms2 Baths2.0 Sq 1,800 Monthly Estimate*
$ 5,629
for $815,000 with 2 bedrooms and 2 full baths. This 1,800 square foot condo was built in 1968.
Price Improvement! Rarely available, this expansive three-exposure corner residence at Lake Point Tower offers approximately 1,800 square feet of luxury living with unobstructed views of Lake Michigan, Navy Pier, and the Chicago skyline. Located in Chicago's only residential building east of Lake Shore Drive, this exceptional home enjoys coveted north, east, and south exposures-perfect for taking in spectacular sunrises, bi-weekly Navy Pier fireworks, and the Chicago Air & Water Show from the comfort of home. The spacious floor plan features two generously sized bedrooms and two full baths. The primary suite accommodates a king-size bed plus a sitting area and includes a walk-in closet, a new LG stacked washer and dryer, and a spa-inspired bath with heated slate floors, a multi-faucet steam shower, and a jetted infinity tub. The second bedroom is large enough for two full-size beds along with a desk or lounge area, while the nearby guest bath offers a convenient tub/shower combination. Designed for both everyday living and entertaining, the open-concept kitchen features concrete countertops, heated slate flooring, island seating, wine refrigerator, ice maker, and premium stainless-steel appliances, including a Sub-Zero refrigerator, Dacor range, and Miele dishwasher. The kitchen opens seamlessly to the living and dining areas, all surrounded by breathtaking panoramic views. Lake Point Tower offers an unmatched collection of amenities, including: - Private 2.5-acre landscaped park with lagoon, waterfall, grills, and playground - Indoor and outdoor swimming pools - State-of-the-art health club with steam rooms and saunas Racquetball and basketball courts - Library, business center, and community room - On-site dry cleaner and automated convenience store - 24-hour door staff and security - Valet parking - Just steps from the lakefront path, CTA transportation, Michigan Avenue shopping, and Chicago's finest dining, this rare corner residence combines extraordinary views, sophisticated comfort, and an incomparable lakefront lifestyle. Now offered at an improved price-schedule your private showing today.
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FeaturesGeneralLiving Area 1800
Sewer Public Sewer
Heating Electric Radiant Floor
Cooling Window Unit(s) Zoned
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator High End Refrigerator Bar Fridge Freezer Washer Dryer Disposal Stainless Steel Appliance(s) Wine Refrigerator
HOA Fee 1293
Garage Spaces 3
Association Fee Includes Water Insurance Security Doorman TV/Cable Exercise Facilities Pool Exterior Maintenance Lawn Care Internet
Construction Materials Glass Concrete Clad Trim
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1968
Electric 200+ Amp Service
Township North Chicago
Unit Number 708-709
Tax Year 2024
Ownership Condo
Accessibility Hall Width 36 Inches or More No Interior Steps
Additional Parcels Description 17102140161816
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Contingency Attorney/Inspection
Subdivision Name Lake Point Tower
Total Rooms 5
Full Baths 2
Status Contingent
Directions ENTRANCE ON GRAND AVE EAST OF LAKE SHORE DRIVE
City Chicago
High School District 299
MLS Area CHI - Near North Side
Green Building Verification Type LEED-H Certified
Tax Annual Amount 11364.95
Additional Parcels Y/N Y
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorInterior Amenities Wet Bar Storage
Basement None
Total Stories 70
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
Bathroom Whirlpool Separate Shower Steam Shower Full Body Spray Shower
Total Number of Units 758
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ExteriorExterior Amenities Dog Run
Parking Features Garage Door Opener Heated Garage Tandem Yes Deeded Attached Garage
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions COMMON
Waterfront Y/N Y
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
bobmack@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,629
- Monthly Property Taxes
- $947
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $629,502
Percent of Sale Price 23%
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.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2026 | $815,000 | -2.86% | Price Down |
| 8/4/2026 | $839,000 | -4.11% | Price Down |
| 5/17/2026 | $875,000 | | Listed Price |