Lake Point Tower condos for sale

Lake Point Tower Photo

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

Address
Price
Beds
Bath
SqFt
505 N Lake Shore 4106-07$1,650,000223600
505 N Lake Shore 4912$1,150,00033 1/23000
505 N Lake Shore 4102$1,150,00043 1/23000
505 N Lake Shore 5602$819,00032 1/21784
505 N Lake Shore 6010$799,000231800
505 N Lake Shore 2102-3$699,000221800
505 N Lake Shore 4806$670,000221440
505 N Lake Shore 4712$625,000221450
505 N Lake Shore 4508$599,000221450
505 N Lake Shore 5001$584,900221450
505 N Lake Shore 6008$575,000111100
505 N Lake Shore 4601$525,000221450
505 N Lake Shore 2704$520,000221446
505 N Lake Shore 2405$499,000221446
505 N Lake Shore 2203$405,000111100
505 N Lake Shore 6505$399,000111100
505 N Lake Shore 1317$355,00011
505 N Lake Shore 1301$350,000111100
505 N Lake Shore 1302$275,00001720
505 N Lake Shore 1602$274,50001706

QUESTIONS?

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

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. See its interactive Walk Score Map below.

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.

LAKE POINT TOWER WALK SCORE MAP

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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