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Active - Condominium for sale

Chicago, IL

Facts & features

Condominium Property type
1968 Year built
$123/mo HOA

Why you’ll love it

Rare opportunity to own a tandem parking space in the iconic Lake Point Tower at 505 N Lake Shore Drive in Chicago! Located on the 2nd floor of the building's heated garage, this tandem space accommodates two vehicles, offering a convenient parking solution in one of Chicago's most desirable lakefront locations. Perfect for a Lake Point Tower resident looking for additional parking or someone who works nearby and wants the convenience and peace of mind of dedicated indoor parking. Located in the heart of Streeterville, right on Navy Pier, Ohio Street Beach, the Lakefront Trail, and Lake Michigan, with easy access to Michigan Avenue, restaurants, shopping, entertainment, public transportation, and everything downtown Chicago has to offer. Skip the daily search for parking and enjoy the convenience of having two dedicated spaces in a heated garage at one of Chicago's most recognizable addresses.

Translating description...

Listings courtesy of Village Realty Inc as distributed by MLS GRID.

Listed by: Kristina Klein • Village Realty Inc

Co-listed by: Village Realty Inc

Source: MRED as distributed by MLS GRID, MLS#: 12728463 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 1:28 PM EST.

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Affordability

$70,000$150,000
1%20%
0%90%
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Estimated monthly payment

$836/mo

  • Mortgage$556
  • Property tax$156
  • HOA fee
  • Homeowners insurance
Due at closing$87,450
Down payment held in escrow$22,000
Closing costs$1,650
beycome credit Est.$2,200

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Lake Point Tower

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:28pm EST. 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.

$110,000 Listed price

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$2,200 Credit back

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