Lake Point Tower Condos – 505 N Lake Shore Drive Chicago

Lake Point Tower

Lake Point Tower

Here are the Lake Point Tower condos for sale along with their location, building and apartment information. Schedule a showing online!

THE CONDOS

Lake Point Tower has studios, 1, 2, and 3 bedroom units. Many, but not all condos have in-unit laundry. Installation of washer/dryer hook-ups is allowed in some units, but not others.

Each condo has separate water heaters for the kitchen and bathrooms. Cooking appliances are electric.

Air conditioning is provided by wall units. All of the condos have built-ins at the bottom of the windows which double as seating and fresh air vents. None of the condos have balconies.

ALL LAKE POINT TOWER CONDOS FOR SALE

UnitPriceBedsBathSqFt
2703$1,400,00033 1/23000
4203$1,300,00032 1/22900
5407-08$1,250,000232900
5002-3$1,195,00022 1/23000
6705$1,000,00043 1/22537
3801$950,000333000
5801$825,000222175
5706$810,00032 1/21800
5303$810,000221800
6603$699,000222120
3905$655,000221450
4512$650,000221450
4004$649,000221440
3312$615,000221450
401$499,900111100
4601$485,000221450
416$475,000221480
2310$399,000111050
5712$395,000111100
5208$385,000111080
2116$375,000111100
518$370,000111100
2211$360,00011706
1317$340,00011
1602$319,00011750
1302$259,00001720

QUESTIONS?

Call us at 773-793-4516 or email us.

BUILDINGS SIMILAR TO LAKE POINT TOWER

THE BUILDING

Lake Point Tower was built in 1968 and houses 752 condos within its 70 stories. It has a private 2 1/2 acre park with a waterfall, grills and a playground. There are also 2 pools (indoor & outdoor), a fitness center, spa, racquetball/handball court, wifi lounge and valet parking. Parking can be leased ($250/mo.) or purchased. The high-rise also includes a small grocery store, Cite Restaurant, a salon, dentist, Pilates studio and dry cleaner. One dog up to 30 lbs. is allowed in the building, but not in the private park.

The hallways are getting a face lift which should be completed by 2013. Listing agents have quoted financial reserves anywhere from $2M to $5M. Owner occupancy is above 77%.

Each of the building’s 3 wings is separated from the elevators with doors giving a fair degree of privacy. Of course the east wing has the best lake views, but the west and north wings still have great lake views to the south and/or north. For more information on the high-rise and association visit “Lake Point Tower Condominium“.

THE LOCATION

Lake Point Tower is located just east of Lake Shore Drive between Illinois and Grand just west of Navy Pier at 505 N Lake Shore Drive in Streeterville. The building currently has a Walk Score of 86 and a Transit Score of 83. The Red Line Stop at State & Grand is just over 0.8 miles away.

While its walkability is on the lower side for a downtown location, its unique location east of Lake Shore Drive gives residents incredible lake views and incredible city views! There are also several on-site businesses.

505 N Lake Shore Drive has a Bike Score of 55. A Divvy bike sharing station is on the south side of the building.

According to WalkScore.com, the location has a Crime Grade of A. That means it’s a lowest crime area compared to all of Chicago.

QUESTIONS?

Call us at 773-793-4516 or email us.



ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773-793-4516. Learn More