Active
$815,000
$875,000 · just reduced
505 Lake Shore Drive
Chicago, IL 60611 · Lake Point Tower
Explore the Lake Point Tower neighborhood →- Beds
- 2
- Baths
- 2 full
- Sqft
- 1,800
- $/sqft
- $453
- Built
- 1968
- Type
- Townhome
- MLS#
- MRD12650660
About this home
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.
Payment calculator
Estimated monthly cost for this home
20% · $163K
%
Term
$6,711/mo
- Principal & interest
- $4,233
- Property taxes
- $947
- HOA
- $1,293
- Home insurance (est.)
- $238
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.76%, 2026-09-10). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| Current price | $815,000▼ $60,000 from original |
| Listed May 17, 2026 | $875,000 |
| 2024 property taxes | $11,365/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of @properties Christie's International Real Estate, listed by Robert Mack.
Information last updated Sep 3, 2026, 5:06 AM.
505 Lake Shore Drive
Chicago, IL 60611
Talk to a Subdiview agent.
Local. They live in the area and know what’s behind these floor plans, not someone who paid for a lead.
Get the full disclosure packet, recent comps, and a private showing within 24 hours.
Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Window Unit(s), Zoned
- Heating
- Electric, Radiant Floor
- Basement
- None
- Appliances
- Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
- Rooms total
- 5
- Laundry features
- Washer Hookup
- Interior features
- Wet Bar, Storage
Explore Chicago
- Homes for sale in Chicago
- Lake Point Tower communityMarket trends, FAQs, and every home for sale here
- Wells Community Academy High SchoolZoned high school - programs, enrollment, and homes nearby
Nearby communities
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
- No obligation, no spam, no auto-dialer