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.
Off market
$1,056,100
505 N Lake Shore Dr FLOOR 70, Chicago, IL 60611
3beds
4,500sqft
Condo
Built in ----
-- sqft lot
$1,056,100 Zestimate®
$235/sqft
$8,805 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Basement: Basement (not specified)
Interior area
- Total interior livable area: 4,500 sqft
Construction
Type & style
- Home type: Condo
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $8,000 monthly
Services availability
Sell for more on Zillow
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$1,056,100
2% more+ $21,122
With Zillow Showcase(estimated)
$1,077,222