Tandem Parking Space in Heated
New
For Sale
$130,000
505 N Lake Shore Drive, Chicago, IL 60611
LAND - Chicago, IL
Property SizeContact for details
Days on Market5
Property Features for 505 N Lake Shore Drive
General Information
Property type
Land
Property subtype
Other
Parking
2
Subdivision
Lake Point Tower
Directions
ON GRAND AVENUE EAST OF LAKE SHORE DRIVE
Standard status
Active
APN
17102140191194
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1815
HOA Fee
$123 Annually
Building Details
Year built
1968
Listing Agency:
Village Realty Inc
(708) 478-1212
Listed By:
Kristina Klein · License #475173771
(708) 478-1212
Added: Aug 7
Changed: Aug 9
Last Checked: Aug 11 at 11:06PM
MLS# 12728463
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a tandem parking space on the second floor of a heated garage at Lake Point Tower. The configuration accommodates two vehicles and provides dedicated indoor parking within a residential high-rise completed in 1968.
The property is located at 505 N Lake Shore Drive in Chicago’s Streeterville area, near Navy Pier, Ohio Street Beach, the Lakefront Trail, and Lake Michigan. Michigan Avenue, restaurants, shopping, entertainment, and public transportation are also nearby.
The property is located at 505 N Lake Shore Drive in Chicago’s Streeterville area, near Navy Pier, Ohio Street Beach, the Lakefront Trail, and Lake Michigan. Michigan Avenue, restaurants, shopping, entertainment, and public transportation are also nearby.
Key Highlights
- Tandem parking configuration accommodates two vehicles
- Second‑floor location within a heated garage
- Located at 505 N Lake Shore Drive, Chicago, IL 60611
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18,387
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Indoor tandem parking provides dedicated vehicle storage within a heated garage.
Where is this parking lot & garage located?
The property is located at 505 N Lake Shore Drive Chicago, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Tandem parking configuration accommodates two vehicles; Second‑floor location within a heated garage; Located at 505 N Lake Shore Drive, Chicago, IL 60611
