5205/505 North Lake Shore Drive

Chicago IL 60611

1100 sq. ft.

Condo

Last sold for $495,000

Michele Gubser, last sold this property on 18 June 2025 after 54 days on market.

Overview

Welcome to Unit 5205 at Lake Point Tower - a stunning 1 bed, 1 bath residence spanning an impressive 1100 square feet high above the city. Perched on the 52nd floor of this iconic, amenity-rich building - the only residential tower east of Lake Shore Drive - this unit offers unobstructed, panoramic views of Lake Michigan and Navy Pier. Inside, you'll find a recently updated and thoughtfully designed home. The spacious, open kitchen features Nero Marquina quartz countertops and backsplash, and custom cabinetry. Gorgeous hardwood floors flow throughout the bright and airy living space, where the views are unmatched. The oversized bedroom includes custom closets, and the spa-like bath offers a luxurious walk-in shower. Lake Point Tower offers true resort-style living with unmatched amenities: a 2.5-acre private park, indoor and outdoor pools, lagoon, BBQ area, racquetball/basketball courts, full health club with sauna and steam rooms, library, conference room, dry cleaners, business center, playgrounds, and more - all just steps from the lakefront path, CTA stops, and world-class dining and shopping on Michigan Avenue. Some furniture available for purchase. Welcome home!

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

1100 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 5205/505 North Lake Shore Drive is $295k.

Median value

$295k

Estimated value range

$135k - $1.25m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.