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Listing provided courtesy of Oikos Realty LLCMREDas Distributed by MLSGrid- MLS# 12651178MLS Provider

505 N Lake Shore Drive #501Chicago, IL 60611

Condo/Townhouse · 1 Bed · 1 Full Bath · 1,100 Sq. ft.
$459,900 Active

505 N Lake Shore Drive #501 Overview

Time on Site:
43 days
Visits:
0

Spectacular 1B/1B, fully remodeled West facing contemporary unit with unobstructed views overlooking the park and pool! Condo features Porcelanosa engineered wood flooring, contemporary cabinets with kitchen island and quartz countertops. Stainless steel appliances, custom interior Aria doors. LPT is a full amenity building offering an amazing 2.5-acre park on 3rd floor, state-of-the art health club, indoor and outdoor pools, hot tub, steam, sauna, business center, community room, dry cleaners, 24hr friendly doormen, grocery, salon and so much more! Assessment includes cable & internet. Incredible location close to Michigan Ave, Ohio Street Beach, Navy Pier and so much more!

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505 N Lake Shore Drive #501 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,100
  • Price/Sq.ft. $418

Details

General

Association/HOA

  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Business Center, Elevator(s), In Ground Pool, Security, Trail(s)
  • Association Fee: $767.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1969

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near North Side
  • Township: North Chicago

Community/Development

  • Community Features: Park

Tax Information

  • Tax Annual Amount: $7,085.82
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 17102140161859
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Bedrooms Possible: 1

General Information

  • Basement: None
  • Cooling: Zoned
  • Heating: Electric
  • Laundry Features: Common Area
  • Living Area: 1100
  • Living Area Source: Landlord/Tenant/Seller
  • Rooms Total: 4
  • Stories Total: 70

Unit Information

  • Unit Number: 501

Exterior

Parking Information

  • Parking Features: Yes, Attached, Garage
  • Parking Total: 0

Lot Information

  • Lot Features: Common Grounds
  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Vinyl Siding, Steel Siding, Glass

General Information

  • Sewer: Public Sewer

Room Information

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 10X11

Room: Living Room

  • Level: Main
  • Dimensions: 20X23

Room: Master Bedroom

  • Level: Main
  • Dimensions: 13X13

Room: Walk In Closet

  • Level: Main
  • Dimensions: 5X9

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 2

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

505 N Lake Shore Drive #501 Neighborhood

Community

60611 (Chicago) Demographics

38
Median Age
24,146
Population Density (per sq. mile)
89%
College Educated
$108,413
Estimated Median Income
9,873
Estimated Total Home Owners
11,841
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

505 N Lake Shore Drive #501 Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 N Lake Shore Drive #501 Market Data

Based on the last 30 days in this zip code

$1,087,682
Average List Price
$635
Average Price per Square Foot
107
Properties Sold
90
Average Days on Market
560
Properties for Sale
Calculations provided by Reliance Network

505 N Lake Shore Drive #501 History

Date Event Value Agent
6/15/2026Source: MRED Status Change
Active
6/10/2026Source: MRED Price Reduction
$459,900 -1.1%
6/10/2026Source: MRED Status Change
Price Change
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Added to Database
May 18, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022