Connect

Find us on...

Dashboard

Login using...

505 North Lake Shore Drive 7000, Chicago, IL – $4,700,000

  • 4 Beds
  • 5 Baths
  • 4,700 Sqft
  • 142 DOM
  • 4 Beds
  • 5 Baths
  • 4,700 Sqft
  • 142 DOM

505 North Lake Shore Drive 7000

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.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 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 Cite restaurant for decades, a coveted "bucket list" restaurant destination in Chicago. Cite 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 Cite 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 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.

Essential Information

  • MLS® #10954752
  • Price$4,700,000
  • HOA Fees$2,000
  • Taxes$4,902
  • Bedrooms4
  • Bathrooms5.00
  • Full Baths5
  • Square Footage4,700
  • Acres0.00
  • Year Built1968
  • TypeResidential
  • Sub-TypeAttached Single
  • StatusActive
  • Has TownhomesNo
  • Has VintageNo

Community Information

  • AreaCHI - Near North Side
  • SubdivisionLake Point Tower
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60611

Address

505 North Lake Shore Drive 7000

Amenities

  • # of Garages1
  • Is WaterfrontYes

Amenities

Elevator(s),Exercise Room,Laundry,Elevator(s),Private Indoor Pool,Wheelchair Orientd

Interior

  • Interior FeaturesBar-Wet
  • HeatingBaseboard
  • CoolingOther
  • Has BasementYes
  • BasementNone
  • # of Stories70

Exterior

  • ExteriorFrame,Other
  • Exterior FeaturesOutdoor Grill
  • RoofOther
  • FoundationOther

School Information

  • District299

Additional Information

  • Days on Market142

Listing Details

  • OfficeHerve F. Barbera
Please provide a valid email address.

Price Change History for 505 North Lake Shore Drive 7000, Chicago, IL (MLS® #10954752)

Date Details Change
Status Changed from New to Active

Herve F. Barbera.

Midwest Real Estate Data LLC Logo 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 Sotheby's International Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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. Information deemed reliable but not guaranteed. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Listing information last updated on May 7th, 2021 at 5:46pm CDT.