505 N  Lake Shore Dr   #70, Chicago, IL 60611
OFF MARKET

505 N Lake Shore Dr #70
Chicago, IL 60611

  • 3 Beds
  • 4 Baths
  • 4,500 sqft
  • 3 Beds
  • 4 Baths
  • 4,500 sqft

$1,133,800

Trulia Estimate
as of Apr 26, 2024
Est. Refi. Payment $7,950/mo*

Homes for Sale Near 505 N Lake Shore Dr #70

Local Information

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Description

This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Brokers protected.

A Once in a Lifetime Opportunity to Own one Of the Most Iconic Space in Chicago.



505 North Lake Drive Chicago IL

Located on the 70th floor of Lake Point Tower, it is the most sought-after rooftop location in downtown Chicago. With spectacular 360-degree panoramic views of the Chicago’s Skyline, Lake Michigan, The Chicago Harbor and Millennium Park.



https://www.youtube.com/watch?v=UI3DJx_FF7g&list=PLFzJlbVnapI9bALQKw3wGDC7-ForoC0dh



Bring your architect and imagination and make this one of a kind property (zoned for commercial and / or residential usage) to create…

• A Grand Residential Penthouse

• Executive Offices

• Art Gallery / Photographer Studio

• Private Museum

• Medical Offices

This extremely unique space also overlooks Navy Pier and provides a bird's eye view of the Chicago Summer Fireworks Display (May–September) and the Chicago Air and Water Show.

The property is the "Crown Jewel" of Lake Point Tower Condominium, with Epic Views from the Chicago Landmark, Designed and built as an exclusive private club for the residents of the Lake Point Tower, the space was initially intended to support an intimate lounge trade.

The Space has been the home of Cité restaurant for decades, a coveted “bucket list” restaurant destination in Chicago.

Cité was voted one of Chicago’s 10 Best Romantic Places to dine by USA Today and voted – “Best Views in Chicago” - by OpenTable Diners 2019.

The current interior (as a restaurant) is timeless. World-class interior designer Norman De Hann fashioned the restaurant using classic glamour interiors with high-end finishes of actual gold leaf throughout the restaurant, rare tiger wood at the bar and full slab marble in the foyer areas augmenting the rich, romantic ambiance and unmatched spectacular views.

Lake Point Tower by itself is an architectural masterpiece and is coupled with amazing 360-degree panoramic views… Every seat at Cité Restaurant has a breathtaking view. This has been recognized by the media with a plethora of accolades on numerous occasions throughout the years.

505 North Lake Drive is located next to Navy Pier, prime Chicago location and is the Midwest’s most popular leisure destination. In 2016, Navy Pier completed Phase 1 of an impressive re-imagination and redevelopment of this historical landmark in honor of its 100th anniversary. Dubbed the “Centennial Vision”, this exciting project enhanced and improved public spaces, expanded year-round programming, and added more exciting entertainment and local restaurant options.

Asking price is $4,700,000 which includes 2,400 SF of commercial space that can be used as home office, wine storage, dry storage or just rent out for additional income. The available space and assorted storage are located on the 2nd floor of Lake Point Tower.

Home Highlights

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Home Details for 505 N Lake Shore Dr #70

Interior Features

Interior Details
Basement

Property Information

Property Type / Style
Property Type: Condo

Comparable Sales for 505 N Lake Shore Dr #70

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.24
Condo
$1,500,000
10/11/23
3
4
2,547
0.24
Condo
$1,475,000
12/14/23
3
4
2,547
0.24
Condo
$725,000
05/01/23
4
4
3,400
0.24
Condo
$750,000
11/27/23
3
3
3,000
0.24
Condo
$1,075,000
09/15/23
3
3
2,941
0.24
Condo
$775,000
08/07/23
3
3
2,877
0.24
Condo
$685,000
10/12/23
3
3
2,800
0.24
Condo
$799,900
04/12/24
3
3
2,721
0.24
Condo
$1,750,000
07/31/23
3
3
2,547
0.30
Condo
$925,000
10/18/23
4
4
3,000

What Locals Say about Chicago

  • Hulan Piano
    "I don't feel safe. My son got assaulted just outside of our house. No place for dog walking. Rat infested everywhere. Not enough parking. The streets are not clean. I can't wait to move out from here."
    1
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  • Kgonzalez1014
    "I’ve been living at Albany park all my life and I could say I feel safe everything is around the corner. "
    0
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  • Vivianumude
    "My neighborhood has a great assess to a good commute system. I walk 4 minutes to the bus stop and about 10 minutes to the train station. It help me get to any of my destination with ease. "
    1
    Flag
  • Lauren Bayer
    "Lincoln Park has very easy access to public transportation and it is largely reliable. The best part is how walkable it is, though. "
    0
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  • Thomas Kleiner
    "5 years in the neighborhood. Love our neighbors and know many neighbors on adjacent blocks. Friendly and look out for each other. Family/kid friendly. "
    2
    Flag
  • Sambatjes
    "I’ve lived here for 2 years total (1 year in 2019, and this year 2024). Areas fun but pretty expensive. Surprisingly a lot of great asian food but lacking a solid pizza spot. Over fine to live here, but wouldn’t be living hear if I wasn’t lucky enough to have scored a cheap apartment "
    3
    Flag
  • Rachel Todd
    "Feels like a neighborhood within the city. Very friendly, familiar faces great local restaurants, and adorable, farmers market."
    0
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  • Teresa Ferrell
    "The neighborhood is ok but not too good 80%. I rather have neighborhood watch and clean. Nice parking"
    0
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  • Hollylipper
    "It is relatively safe and family friendly while also offering lots of cultural activities, restaurants and shops, green space and other experiences for adults. "
    0
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  • Zabkowski500
    "Huh why am u banning asked these questions just to ship n no for home v going me a bone me cider and I’ll cover sitting a day essay for. You. Until then good night bin by"
    0
    Flag
  • 5j8xtccndf
    "It’s very hip. People love to show off their style and express themselves very creatively. Logan Square is becoming the place to be."
    1
    Flag
  • AE
    "I’ve been around for sometime and have not encountered any issues with anyone. I have managed to live here at peace with everyone. "
    1
    Flag
  • Arthur_fykes
    "They had no grocery stores or activity that you can do without having to look over your shoulder. The crime very high here."
    5
    Flag
  • Jordanhaye07
    "I’ve lived in the neighborhood for 4 years. It’s a great place to single,over 30 and under 50 people"
    0
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  • Akime Bufkin
    "Safety the improvement the community the people the neighborhood the well kept areas and expecting ones property and mail "
    0
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  • Holly O.
    "There is a sense of community that thrives when neighbors are communing for block parties, movies in the park; street fairs; local store events."
    0
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  • Maria Diaz Ramirez
    "Friendly neighbors every year there is a block party Halloween parties, Respectful neighbors especially the old people in the area "
    0
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  • Flakin12000
    "The public transportation is great. Very accessible and easy to use. Every corner there’s a bus stop. "
    0
    Flag
  • Isabellarose Lopez
    "Dog owners would love it because everyone is friendly. Kids every where and very welcoming. And it’s not an urban area where there’s cars every where "
    0
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  • Christian Lum
    "I work from home and have no commute, but there is plenty of transportation around. The EL, busses are all accessible "
    1
    Flag
  • Lisa L.
    "Lots of dog owners frequent Russell Square Park and Rainbow Beach. However, a DOG PARK would be awesome especially one with a pond!"
    0
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  • Montreis
    "Awareness, be alert and just go about your day I feel safe just think better communication between the community, it’s leaders and law enforcement would spark trust "
    0
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  • Rafael
    "No pick up after but it’s ok no worries about that. That’s not the most common. It’s friendly with dogs "
    0
    Flag
  • Jasmin Quito
    "There is a lot of dogs but people don’t pick up after their dog. Not really dog friendly place. Some "
    0
    Flag
  • Mina Lopez
    "You’ll definitely see ppl walking there dogs not many will pick up after them , be aware there are strap cats on this area "
    0
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  • Marycervera79
    "Its safe its friendly its safe to raise a family here .everyone keeps their yard and street clean. "
    1
    Flag
  • Jay Hosseini
    "Teach your kids to avoid local gangs, and they’ll be fine. About as safe as a major city could get. "
    1
    Flag
  • Trulia User
    "Bookfest lalapalooza skatepark volleyball and other fun stuff. Pizza time is great as well. The South Loop is just really neat."
    0
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  • Elizabeth Andonova Mallory
    "This is probably one of the most dog friendly areas in the city. I’ve almost never walked around the neighborhood without seeing some dogs. "
    0
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  • AB
    "The neighborhood has changed for the worse in the past five years. More crime, acts of violence. I used to be able to safely walk in the alley. People rummaging through alleys at all hours of day and nights. This was not so 5-10 years ago "
    2
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  • Bb8ybz92cq
    "I see dog owners walking their dogs all the time. They look very comfortable. I have had friends visit that have had dogs with them and I have a great day."
    0
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  • Pnc5740
    "I reside close by and know the area to be clean,safe,quiet and with friendly neighbors and well-kept homes."
    0
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  • Steve Dykema
    "Not many grassy areas. There is a lot of traffic as I’m at a major intersection. Grand and Ogden. "
    1
    Flag
  • Johnathon Santana
    "Close to public transportation into the downtown area. Lots of Latin food options. Good stores not far away."
    0
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  • Mary Smith
    "Is very friendly & neighboring and very diversity and quite i love living in Hyde park with the shopping & restaurants and also entertainment in the Summer time "
    0
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  • Lori Roberts
    "It’s a lovely neighborhood and you see lots of moms and some dads pushing a stroller with their baby l/babies. It seems safe, but crime does come into the area sometimes. I’ve never seen that though."
    0
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  • Lacresia Walker
    "Lots of different little block parties during the summer and the farmer’s market are definitely highlights. "
    0
    Flag
  • Jon Salzmann
    "We have a block party every summer, usually with music provided by our talented neighbors, a bouncy house, and volleyball in the street. We block off the street for the day’s events."
    1
    Flag
  • Trulia User
    "It’s a great area lots of things close bye to get to as far as stores parks gas station laundry nothing major happening "
    0
    Flag
  • Trulia User
    "We don’t have community events. It’s filled with gang members. That personally I would not partake into community events with. "
    5
    Flag

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Homes for Rent Near 505 N Lake Shore Dr #70

Off Market Homes Near 505 N Lake Shore Dr #70

505 N Lake Shore Dr #70, Chicago, IL 60611 is a 3 bedroom, 4 bathroom, 4,500 sqft condo. This property is not currently available for sale. The current Trulia Estimate for 505 N Lake Shore Dr #70 is $1,133,800.