505 N Lake Shore Dr

505 N Lake Shore Dr, Chicago, IL, 60601

Units for Sale

View Listing

MLS ID #08547654

View Listing MLS ID #08547654

Year Built

1968

# Stories

# Total Units

1169

Unit Size Range

706-4,700 sqft

Unit Demand

Unit Availability

Building Description

505 N Lake Shore Dr, a 70-story condominium, was constructed in 1968. This high-rise offers a diverse range of unit configurations with 1 to 6 bedrooms, catering to various space preferences. Unit prices range from $385,000 to $360,000, presenting an array of options for potential homeowners. The building includes substantial amenities such as an indoor pool, exercise room, business center, and a restaurant. Residents can enjoy the convenience of service elevators and valet/cleaner services, as well as access to a health club, sundeck, and spa/hot tub. For those seeking recreational opportunities, the property features bike room/bike trails, a party room, and a receiving room. Wellness-focused amenities include a steam room and sauna, while leisure options extend to a park and amenities suited for hosting gatherings. Although specific neighborhood details are unavailable, the building's strategic location promises urban amenities and easy access to surrounding conveniences. The comprehensive set of features and amenities at 505 N Lake Shore Dr provides residents with a modern living experience amidst a bustling city environment.

View Listing

MLS ID #08547654

View Listing MLS ID #08547654

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

505 N Lake Shore Dr Market Report (last 12 months)

Avg. List Price

$678,484 ($454/Sqft.)

Year-Over-Year List Price

0.08%

Total Listings

Avg. Days On Market

Avg. Sale Price

$584,411 ($409/Sqft.)

Year-Over-Year Sale Price

0.05%

Total Sold

Avg. HOA Fees/Sqft

$2 /monthly

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About 505 N Lake Shore Dr

Condo Living at 505 N Lake Shore Dr, located at 505 N LAKE SHORE DR, CHICAGO, IL:

Welcome to your future home at 505 N Lake Shore Dr! With its towering 70 stories, this iconic building stands proudly along Chicago’s vibrant lakefront. Built in 1968, it strikes a perfect balance between classic design and modern living, making it an attractive option for first-time buyers like you. With 1,163 units, each offering a unique perspective on the stunning lake and city skyline, there's a lot to love about calling this place home.

Building Features and Unit Availability:

While it might be tempting to dive straight into your dream condo, it's important to know that currently, there are no units available. However, don't let that discourage you! The allure of 505 N Lake Shore Dr keeps demand high, drawing 28 sales over the past year, with the average unit price sitting at $584,411 and a reasonable price per square foot of $409. With units ranging in size from 706 to a spacious 4,700 square feet, there’s potential for something that suits your lifestyle when the next opportunity arises.

Amenities You'll Love:

Living at 505 N Lake Shore Dr means indulging in a wealth of amenities. Whether you’re in the mood for a brisk workout at the health club, a relaxing soak in the sauna, or a refreshing dip in the indoor pool, this building has it all. Enjoy sunny days by the outdoor sundeck and stay connected with a business center on-site. You and your furry friends can rejoice too, as pets are welcomed here! With valet services, a party room perfect for gatherings, and even a restaurant, life at 505 N Lake Shore Dr is anything but ordinary.

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