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  5. 505 N Lake Shore Dr
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505 N Lake Shore Dr

505 N Lake Shore Dr, Chicago, IL, 60611

YEAR BUILT

1968

# STORIES

109

# TOTAL UNITS

414

UNIT SIZE RANGE

706-6,160 sqft

Description

505 N Lake Shore Dr stands tall in Chicago, a remarkable high-rise known as Lake Point Tower. This prominent structure was built in 1968 and features a striking Y-shaped design. It consists of 109 stories and offers an impressive 413 units. Each unit varies in size from 706 to 6,160 square feet, providing a range of living options for prospective buyers. The building uniquely enjoys waterfront views of Lake Michigan. It offers breathtaking panoramas of the lake, the iconic Chicago skyline, and even Navy Pier. High-floor units showcase sweeping views in multiple directions, making the living experience exceptional. Residents appreciate the access to both outdoor and indoor spaces, creating a seamless blend of nature and urban life. Unit prices range from $2,150,000 to $2,761,500, reflecting the luxurious nature of the property. Spacious layouts include one to six bedrooms, accommodating different lifestyles. Many units feature large windows, with some even offering floor-to-ceiling glass for unobstructed views. High-end finishes enhance each living space, ensuring comfort and style. The building provides a wealth of amenities, catering to various interests. Indoor and outdoor pools invite relaxation, while facilities like a gym, sauna, and hot tub enhance well-being. A 24-hour doorman increases security and convenience. Additional offerings include a business center, dog run, and even a library for quiet moments. Residents have easy access to nearby attractions, including Navy Pier and the Magnificent Mile. Dining options like J's Fish Turkey and Chicken and Margarita Casa lie within reach. Public schools such as James Feldman Associates Inc contribute to the neighborhood's appeal, making this property suitable for families and professionals alike. With its prime location and an array of amenities, this high-rise building blends luxury living with vibrant city life. It stands out not only for its views but also for its community feel in a bustling urban environment.

Building ImageMLS ID #12596599
Building ImageMLS ID #12596599
Building ImageView Listing

505 N Lake Shore Dr

505 N Lake Shore Dr, Chicago, IL, 60611

YEAR BUILT

1968

# STORIES

109

# TOTAL UNITS

414

UNIT SIZE RANGE

706-6,160 sqft

Description

505 N Lake Shore Dr stands tall in Chicago, a remarkable high-rise known as Lake Point Tower. This prominent structure was built in 1968 and features a striking Y-shaped design. It consists of 109 stories and offers an impressive 413 units. Each unit varies in size from 706 to 6,160 square feet, providing a range of living options for prospective buyers. The building uniquely enjoys waterfront views of Lake Michigan. It offers breathtaking panoramas of the lake, the iconic Chicago skyline, and even Navy Pier. High-floor units showcase sweeping views in multiple directions, making the living experience exceptional. Residents appreciate the access to both outdoor and indoor spaces, creating a seamless blend of nature and urban life. Unit prices range from $2,150,000 to $2,761,500, reflecting the luxurious nature of the property. Spacious layouts include one to six bedrooms, accommodating different lifestyles. Many units feature large windows, with some even offering floor-to-ceiling glass for unobstructed views. High-end finishes enhance each living space, ensuring comfort and style. The building provides a wealth of amenities, catering to various interests. Indoor and outdoor pools invite relaxation, while facilities like a gym, sauna, and hot tub enhance well-being. A 24-hour doorman increases security and convenience. Additional offerings include a business center, dog run, and even a library for quiet moments. Residents have easy access to nearby attractions, including Navy Pier and the Magnificent Mile. Dining options like J's Fish Turkey and Chicken and Margarita Casa lie within reach. Public schools such as James Feldman Associates Inc contribute to the neighborhood's appeal, making this property suitable for families and professionals alike. With its prime location and an array of amenities, this high-rise building blends luxury living with vibrant city life. It stands out not only for its views but also for its community feel in a bustling urban environment.

Next

Description

505 N Lake Shore Dr stands tall in Chicago, a remarkable high-rise known as Lake Point Tower. This prominent structure was built in 1968 and features a striking Y-shaped design. It consists of 109 stories and offers an impressive 413 units. Each unit varies in size from 706 to 6,160 square feet, providing a range of living options for prospective buyers. The building uniquely enjoys waterfront views of Lake Michigan. It offers breathtaking panoramas of the lake, the iconic Chicago skyline, and even Navy Pier. High-floor units showcase sweeping views in multiple directions, making the living experience exceptional. Residents appreciate the access to both outdoor and indoor spaces, creating a seamless blend of nature and urban life. Unit prices range from $2,150,000 to $2,761,500, reflecting the luxurious nature of the property. Spacious layouts include one to six bedrooms, accommodating different lifestyles. Many units feature large windows, with some even offering floor-to-ceiling glass for unobstructed views. High-end finishes enhance each living space, ensuring comfort and style. The building provides a wealth of amenities, catering to various interests. Indoor and outdoor pools invite relaxation, while facilities like a gym, sauna, and hot tub enhance well-being. A 24-hour doorman increases security and convenience. Additional offerings include a business center, dog run, and even a library for quiet moments. Residents have easy access to nearby attractions, including Navy Pier and the Magnificent Mile. Dining options like J's Fish Turkey and Chicken and Margarita Casa lie within reach. Public schools such as James Feldman Associates Inc contribute to the neighborhood's appeal, making this property suitable for families and professionals alike. With its prime location and an array of amenities, this high-rise building blends luxury living with vibrant city life. It stands out not only for its views but also for its community feel in a bustling urban environment.

505 N Lake Shore Dr Key Stats Last 12 months

Avg. Listed Price$814,973($460/Sqft.)
Avg. Sale Price$665,648($432/Sqft.)
Year over year list priceUp Arrow20.55%
Year over year sale priceUp Arrow 3.76%
Total Listings36 Listed
Total sold40 Sold
Average Days on Market96 days
Average HOA fees per sqft$2 /monthly
Next

Key Stats

Year over year list priceUp Arrow20.55%
Year over year sale priceUp Arrow3.76%
Total Listings36 Listed
Total sold40 Sold
Average Days on Market96 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

505 N Lake Shore Dr Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 19131913110011302026-05-15
MLS#: 12619586 		Closed$470,000
Unit 2206-22072206-2207220022562026-05-08
MLS#: 12591583 		Closed$940,000
Unit 2017201780011612026-04-30
MLS#: 12578803 		Closed$375,000
Unit 30103010145022552026-04-27
MLS#: 12578826 		Closed$674,000
Unit 1913
1913

1 Beds

1 Baths

1100 sqft

DateStatusPrice
2026-05-15Closed$470,000
MLS#: 12619586
Days On Market30
Unit 2017
2017

1 Beds

1 Baths

800 sqft

DateStatusPrice
2026-04-30Closed$375,000
MLS#: 12578803
Days On Market61
Unit 2206-2207
2206-2207

2 Beds

2 Baths

2200 sqft

DateStatusPrice
2026-05-08Closed$940,000
MLS#: 12591583
Days On Market56
Unit 3010
3010

2 Beds

2 Baths

1450 sqft

DateStatusPrice
2026-04-27Closed$674,000
MLS#: 12578826
Days On Market55
View Complete Unit Listing HistorySource By: MRED

Amenities

Picture a relaxing day at your new condo. You can take a dip in the private inground pool or the indoor pool. If you're feeling active, the health club is perfect for a workout. Tennis enthusiasts will enjoy playing on the tennis courts. You can unwind in the spa or hot tub after a long day. Enjoy the scenic views by the water or stroll along the sidewalks and bike trails. A picnic area makes for lovely afternoon get-togethers. With a restaurant and a commissary on-site, dining is convenient for everyone. The clubhouse is great for social events, while the party room can host gatherings with friends. Need to work? The business center offers a quiet space to focus. You’ll also find service elevators and additional amenities like a sauna and steam room for your enjoyment.

Next

Amenities Description

Picture a relaxing day at your new condo. You can take a dip in the private inground pool or the indoor pool. If you're feeling active, the health club is perfect for a workout. Tennis enthusiasts will enjoy playing on the tennis courts. You can unwind in the spa or hot tub after a long day. Enjoy the scenic views by the water or stroll along the sidewalks and bike trails. A picnic area makes for lovely afternoon get-togethers. With a restaurant and a commissary on-site, dining is convenient for everyone. The clubhouse is great for social events, while the party room can host gatherings with friends. Need to work? The business center offers a quiet space to focus. You’ll also find service elevators and additional amenities like a sauna and steam room for your enjoyment.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Pool

Pool

In Ground Pool

In Ground Pool

Private Inground Pool

Private Inground Pool

Private Indoor Pool

Private Indoor Pool

Indoor Pool

Indoor Pool

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Private Laundry Hkup

Private Laundry Hkup

Tennis Court(s)

Tennis Court(s)

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Spa/Hot Tub

Spa/Hot Tub

Steam Room

Steam Room

Sauna

Sauna

Picnic Area

Picnic Area

Clubhouse

Clubhouse

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

High Speed Conn.

High Speed Conn.

Balcony

Balcony

Valet

Valet

Fire Pit

Fire Pit

Privacy Fence

Privacy Fence

Policies

This building has clear policies to keep everything running smoothly. There is a limit on the number of occupants. A deposit is required for all new residents, ensuring commitment. If you have pets, you’re in luck! Both cats and dogs are allowed but be aware of size limits. An additional pet rent may be necessary to accommodate your furry friends.

Next

Amenities Description

This building has clear policies to keep everything running smoothly. There is a limit on the number of occupants. A deposit is required for all new residents, ensuring commitment. If you have pets, you’re in luck! Both cats and dogs are allowed but be aware of size limits. An additional pet rent may be necessary to accommodate your furry friends.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
505 N Lake Shore Dr$432/sqft.$2 /sqft.
505 N Lake Shore Dr$409/sqft.$2 /sqft.
540 N Lake Shore Dr$244/sqft.$2 /sqft.
Streeterville$346/sqft.$2 /sqft.
530 N Lake Shore Drive$425/sqft.$2 /sqft.
474 N Lake Shore Drive$349/sqft.$2 /sqft.

Nearby Schools

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|0.46 miles away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|0.99 miles away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|0.99 miles away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.05 miles away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.2 miles away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.25 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|Less than 1 Mile Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|Less than 1 Mile Away

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|1.05 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.20 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.25 Miles Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|1.31 Miles Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|1.36 Miles Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|1.37 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.48 Miles Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|1.51 Miles Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|1.59 Miles Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|1.60 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.62 Miles Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|1.65 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|1.67 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.83 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|1.83 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.91 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.91 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|2.00 Miles Away

Transit

1100 S Columbus (Pedestrian Underpass)

1.58 miles away|31 min walk

300 W Division

1.52 miles away|30 min walk

311 W Division

1.49 miles away|29 min walk

320 N LaSalle

1.07 miles away|21 min walk

321 N LaSalle

1.05 miles away|21 min walk

333 S Franklin Street (Chicago)

1.54 miles away|30 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

1100 S Columbus (Pedestrian Underpass)

1.58 miles away|31 min walk

300 W Division

1.52 miles away|30 min walk

311 W Division

1.49 miles away|29 min walk

320 N LaSalle

1.07 miles away|21 min walk

321 N LaSalle

1.05 miles away|21 min walk

333 S Franklin Street (Chicago)

1.54 miles away|30 min walk

350 S. Clark Street (Chicago)

1.36 miles away|27 min walk

530 W Grand

1.57 miles away|31 min walk

700 W Chicago

1.78 miles away|35 min walk

Adams & Canal

1.63 miles away|32 min walk

Adams & Clark

1.28 miles away|25 min walk

Adams & State

1.16 miles away|23 min walk

Adams & S. Wacker

1.5 miles away|29 min walk

Adams & Wabash

1.08 miles away|21 min walk

Adams/Wabash

1.09 miles away|21 min walk

Adams & Wells

1.4 miles away|27 min walk

AM Michigan & Randolph (Chicago)

0.79 miles away|16 min walk

Balbo & Columbus

1.34 miles away|26 min walk

Balbo & Michigan

1.4 miles away|27 min walk

Balbo & State

1.48 miles away|29 min walk

Canal & Madison

1.55 miles away|30 min walk

Canal & Randolph

1.5 miles away|29 min walk

Canal & Randolph/Washington

1.52 miles away|30 min walk

Chestnut & Lake Shore Drive

0.57 miles away|11 min walk

Chestnut & Mies Van Der Rohe

0.72 miles away|14 min walk

Chicago-Brown

1.27 miles away|25 min walk

Chicago (Brown/Purple)

1.27 miles away|25 min walk

Chicago & Clark

1.02 miles away|20 min walk

Chicago & Fairbanks

0.56 miles away|11 min walk

Chicago & Franklin (Brown line)

1.25 miles away|24 min walk

Chicago & Halsted

1.83 miles away|36 min walk

Chicago & Hudson

1.46 miles away|28 min walk

Chicago & Larrabee

1.6 miles away|31 min walk

Chicago & LaSalle

1.12 miles away|22 min walk

Chicago & Michigan

0.72 miles away|14 min walk

Chicago & Mies Van Der Rohe

0.61 miles away|12 min walk

Chicago OTC

1.59 miles away|31 min walk

Chicago (Red)

0.89 miles away|18 min walk

Chicago-Red

0.89 miles away|18 min walk

Chicago & State (Red Line)

0.88 miles away|17 min walk

Chicago Union Station

1.62 miles away|32 min walk

Clark & 11th Place

1.84 miles away|36 min walk

Clark & Adams

1.28 miles away|25 min walk

Clark & Burton

1.58 miles away|31 min walk

Clark & Chestnut

1.08 miles away|21 min walk

Clark & Chicago

1.05 miles away|21 min walk

Clark & Delaware

1.12 miles away|22 min walk

Clark/Division

1.31 miles away|26 min walk

Clark/Division (LaSalle/Division SE corner elevator)

1.36 miles away|26 min walk

Clark/Division - NE corner

1.31 miles away|26 min walk

The Neighbourhood: Streeterville

Streeterville sits on the Near North Side of Chicago near Lake Michigan. Navy Pier hosts the Centennial Wheel and a small amusement area. Chicago Children's Museum sits at Navy Pier and draws many families. Oak Street Beach offers sand, views, and lake access. Millennium Park displays public art like Cloud Gate and offers green space. The Chicago Riverwalk provides walking paths and boat access. Restaurants like Giordano's and Eataly serve pizza and Italian food to locals and visitors. Joe's Seafood and RPM Seafood serve seafood. Bars such as Howl at the Moon and the Signature Room at the 95th offer nightlife and city views. CTA Red Line trains and CTA buses move riders through the area. The Chicago Water Taxi connects Navy Pier to stops along the river. Metra trains provide commuter service to downtown stations. Small shops and offices fill many blocks and provide daily needs. Parks and paths attract joggers, tourists, and workers in warm months. This district shows a mix of high-rise apartments, hotels, and tourist venues. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share of residents.

Next

Neighbourhood Description

Streeterville sits on the Near North Side of Chicago near Lake Michigan. Navy Pier hosts the Centennial Wheel and a small amusement area. Chicago Children's Museum sits at Navy Pier and draws many families. Oak Street Beach offers sand, views, and lake access. Millennium Park displays public art like Cloud Gate and offers green space. The Chicago Riverwalk provides walking paths and boat access. Restaurants like Giordano's and Eataly serve pizza and Italian food to locals and visitors. Joe's Seafood and RPM Seafood serve seafood. Bars such as Howl at the Moon and the Signature Room at the 95th offer nightlife and city views. CTA Red Line trains and CTA buses move riders through the area. The Chicago Water Taxi connects Navy Pier to stops along the river. Metra trains provide commuter service to downtown stations. Small shops and offices fill many blocks and provide daily needs. Parks and paths attract joggers, tourists, and workers in warm months. This district shows a mix of high-rise apartments, hotels, and tourist venues. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share of residents.

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505 N Lake Shore Dr Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 4.88% are children aged 0–14, 30.87% are young adults between 15–29, 26.15% are adults aged 30–44, 15.02% are in the 45–59 range and 23.08% are seniors aged 60 and above. Commuting options are also varying where 34.24% of residents relying on walking, while others prefer public transit around 16.35%, driving around 23.53%, biking around 1.53%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.83% of units are rented and 40.17% are owner occupied. The neighborhood offers different household types. About 6.01% are single family homes and 0.55% are multi family units. Around 57.04% are single-person households, while 42.96% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 40.48% of residents have bachelor’s degrees. Around 3.21% have high school or college education. Another 2.02% hold diplomas while 47.04% have completed postgraduate studies. The remaining are 7.26% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 4.88% are children aged 0–14, 30.87% are young adults between 15–29, 26.15% are adults aged 30–44, 15.02% are in the 45–59 range and 23.08% are seniors aged 60 and above. Commuting options are also varying where 34.24% of residents relying on walking, while others prefer public transit around 16.35%, driving around 23.53%, biking around 1.53%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 59.83% of units are rented and 40.17% are owner occupied. The neighborhood offers different household types. About 6.01% are single family homes and 0.55% are multi family units. Around 57.04% are single-person households, while 42.96% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 40.48% of residents have bachelor’s degrees. Around 3.21% have high school or college education. Another 2.02% hold diplomas while 47.04% have completed postgraduate studies. The remaining are 7.26% with other types of qualifications.

Age Demographics

4.88% (0 - 14 years old)

30.87% (15 - 29 years old)

26.15% (30 - 44 years old)

15.02% (45 - 59 years old)

23.08% (60+ years old)

Commute

16.35%

Transit

34.24%

Walk

23.53%

Drive

1.53%

Bike

Housing Ownership

40.17%

Owner Occupied

59.83%

Rental Units

Household Types

6.01%

Single Family

0.55%

Multi Family

57.04%

Single Person

42.96%

Multi Person

Education

Bachelors Degree40.48%
High School College3.21%
Diploma2.02%
Post Graduate47.04%
Others7.26%
Next

Education

Diploma2.02%
Post Graduate47.04%
Others7.26%
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  2. /Chicago, IL
  3. /
    505 N Lake Shore Dr
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Paul Ambrogio

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13300 IL RT 47

Huntley, Illinois 60142

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