2 months on rocket

505 N Lake Shore Dr Unit 2017, Chicago, IL, 60611

$404,999

Home List Price

$4,809*

Closing Credit

1 Bedroom
1 Full Bath
706 SqFt
$574/SqFt
Condo

Location

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505 N Lake Shore Dr Unit 2017, Chicago$404,999

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached GarageYes
Year Built1968
HeatingElectric
WaterfrontLake Front, Waterfront
FireplaceElectric
MLS #12147823
StatusActive

About 505 N Lake Shore Dr Unit 2017

This dazzling, sought-after tier offers stunning West, North, and East views of the entire city. Enjoy breathtaking day and night panoramas from the iconic Lake Point Tower, the only residential building east of Lake Shore Drive. With easy access to highways and public transportation, and close proximity to shopping, cinemas, and restaurants, convenience is at your doorstep. This full-amenity building features a unique 2.5-acre private park on the third floor, complete with an outdoor pool, grills, waterfalls, a pond, and a children's play area. Additional amenities include an indoor pool, hot tubs, a racquetball court, a state-of-the-art workout room, a community room, a business center, a 24-hour doorperson, cleaners, laundry facilities, a bike room, and storage lockers. Just steps from Navy Pier, this gem offers easy access to Lake Shore Drive and the best of the city. Come and see this incredible opportunity for yourself!

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 70
  • Living Area: 706 SqFt

Listing Office:

  • Office Name: Realty of Chicago LLC
  • Office Phone: (708) 788-1900
  • Listing Agent: Eduardo Garcia

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Refrigerator, Disposal
  • Basement: No
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Waterfront, Views, Outdoor Lighting, Sidewalk

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: Grand Ave East of Lake Shore Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $404,999
  • Price Per SqFt: $574/SqFt

HOA Fees:

  • Amount: $548
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

505 N Lake Shore Dr Unit 2017 vs Chicago

88 DAYS ON ROCKET

+56 Days

$404,999

+$44.6K More

$574/SqFt

+$314 More

KEY TAKEAWAY

This property is $44.6K more than the Median Sold Price and $314/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12147823

Listing Office:

  • Office Name: Realty of Chicago LLC
  • Office Phone: (708) 788-1900
  • Listing Agent: Eduardo Garcia

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 1:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-629026
9
/10
  • Skinner Elementary School

  • 111 S Throop St

  • 2.02 miles

  • Public District Grades PK-5

school-card-donut-629027
3
/10
  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.92 miles

  • Public District Grades KG-5

school-card-donut-629028
4
/10
  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.75 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,946. The most common annual income of people living in Chicago, IL is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 N Lake Shore Dr Unit 2017

What is the listing price of this property?

The listing price of 505 N Lake Shore Dr Unit 2017 property is $404,999.

What type of property is this?

The property 505 N Lake Shore Dr Unit 2017 is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Active Listing: 505 N Lake Shore Dr Unit 2017 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 N Lake Shore Dr Unit 2017 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 N Lake Shore Dr Unit 2017 is 706 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 N Lake Shore Dr Unit 2017 is 1968.

Rocket Homes›Illinois›Cook County›Chicago›60611›505 N Lake Shore Dr Unit 2017

This home is located at 505 N Lake Shore Dr Unit 2017 in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 706 square foot home was built in 1968. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $404,999.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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