505 Lake Shore Dr
Chicago, IL 60611
2 bd 2 ba 1,450 sqft Built 1968 condos
Most recent sale
$745,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $745,000 | MLS #11466708 |
| Jul 17, 2022 | Listed | $765,000 | MLS #11466708 |
| Mar 28, 2014 | Sold | $699,000 | MLS #08538940 |
| Feb 17, 2014 | Listed | $699,000 | MLS #08538940 |
| Dec 4, 1997 | Sold | $290,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $53,016 | $2,983 | $55,999 | $11,815 |
| 2022 | $53,016 | $2,983 | $55,999 | $11,517 |
| 2021 | $53,016 | $2,983 | $55,999 | $11,260 |
| 2020 | $51,697 | $2,298 | $53,995 | $12,028 |
| 2019 | $56,324 | $2,298 | $58,622 | $11,778 |
| 2018 | $56,324 | $2,298 | $58,622 | $11,580 |
| 2017 | $50,338 | $1,958 | $52,296 | $11,258 |
| 2016 | $50,338 | $1,958 | $52,296 | $10,474 |
| 2015 | $50,338 | $1,958 | $52,296 | $9,583 |
| 2014 | $50,809 | $1,532 | $52,341 | $9,711 |
| 2013 | $50,809 | $1,532 | $52,341 | $9,520 |
| 2012 | $50,809 | $1,532 | $52,341 | $9,392 |
| 2011 | $49,199 | $1,702 | $50,901 | $8,248 |
| 2010 | $49,199 | $1,702 | $50,901 | $8,283 |
| 2009 | $54,567 | $1,702 | $56,269 | $8,774 |
| 2008 | $46,495 | $4,965 | $51,460 | $7,382 |
| 2007 | $46,495 | $4,965 | $51,460 | $7,309 |
| 2006 | $46,495 | $4,965 | $51,460 | $7,387 |
Property facts
Year built
1968
Property type
condos
Stories
70
Beds
2
Baths
2
Living area
1,450 sqft
Lot size
—
ZIP code
60611
City
Chicago
Street
Lake Shore Dr
Coordinates
41.89133, -87.61364
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,610
Gross rental yield
4.20%
Implied cap rate
2.73%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Lake Shore Dr last sell?
505 Lake Shore Dr most recently sold on Aug 31, 2022 for $745,000.
What is the current tax assessment for 505 Lake Shore Dr?
The most recent total assessment for 505 Lake Shore Dr (year 2023) is $55,999 with $11,815 in property tax.
How does 505 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 92.5% below the last sale price of $745,000.
When was 505 Lake Shore Dr built?
505 Lake Shore Dr was built in 1968.
How does 505 Lake Shore Dr compare to others on Lake Shore Dr?
We track 8 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Lake Shore Dr?
505 Lake Shore Dr is a 2 bed, 2 bath, 1,450 sqft condos.
Is 505 Lake Shore Dr a flip candidate?
No — 505 Lake Shore Dr does not appear in our flips dataset.
Is 505 Lake Shore Dr a tax-appeal candidate?
No — 505 Lake Shore Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$997.9K
2026 Q4
$1.02M
ZIP 60611 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Shore Dr