Lake Point Tower
Lake Point Tower Apartments
Lake Point Tower Overview and Highlights
Overview
Lake Point Tower, Chicago: Iconic Lakeside Living with Unmatched Amenities
Lake Point Tower in Chicago stands as a unique residential skyscraper located on a promontory along the Lake Michigan waterfront at 505 North Lake Shore Drive, just north of the Chicago River in the vibrant Streeterville neighborhood. Completed in 1968, this striking 70-story building is distinct for being the only high-rise east of Lake Shore Drive, offering residences with unparalleled panoramic views of Chicago’s skyline and Lake Michigan.
Architectural Marvel of Lake Point Tower
Designed by architects John Heinrich and George Schipporeit, students of Ludwig Mies van der Rohe, Lake Point Tower embodies the principles of Modern Style and International Style architecture. Its iconic curving three-wing, Y-shaped structure was engineered to withstand high winds, with a strong triangular core housing elevators and stairwells centralized to maximize space and aesthetic fluidity.
Standing approximately 645 feet tall, it was once the tallest apartment building worldwide and continues to inspire architectural designs globally, including Dubai’s Burj Khalifa. The building's dark, curved facade pays homage to modernist aesthetics, making it a visible landmark from various city vantage points.
World-Class Amenities at Lake Point Tower
Residents enjoy a comprehensive suite of amenities that integrate luxury with lifestyle convenience:
- Skyline Park: A private 2.5-acre landscaped oasis designed by Alfred Caldwell featuring colorful gardens, seasonal plantings, a natural stone waterfall, a lagoon, walking paths, and mature trees. This space serves as a tranquil retreat in the heart of urban Chicago.
- Fitness and Recreation: The health club is equipped with a full range of exercise equipment, including weights, cardio machines, and racquetball courts. Additional wellness offerings include men's and women's sauna and steam rooms alongside indoor and outdoor swimming pools, including a heated lap pool open year-round and an outdoor pool operational seasonally.
- Community Spaces and Services: Beyond fitness, the building offers a business center, library, community room, day spa, and even services such as dry cleaning and onsite laundry facilities. Ground-level commercial spaces include restaurants and convenient stores, creating a self-sufficient “city within a city” atmosphere.
Location and Lifestyle
Situated in Streeterville, Lake Point Tower enjoys proximity to Chicago’s premier cultural and recreational hotspots. Residents are steps away from Navy Pier, Millennium Park, the Magnificent Mile shopping district, theaters, and fine dining options—making the location ideal for those desiring both scenic tranquility and urban engagement.
The nearly three-acre private park atop the building's parking garage enhances the outdoor experience with its own ecosystem, playground, pond, and barbecue grills, making it a perfect social and leisure area for residents.
A Residential Icon of Chicago
Lake Point Tower remains one of Chicago’s most desirable residential addresses. Its combination of award-winning architectural design, exclusive location, expansive green spaces, and luxurious amenities create an exceptional lakeside living environment that embodies both elegance and community living.
Residents appreciate not only the spectacular unobstructed views but also the comprehensive lifestyle offerings that allow them to enjoy the best of Chicago from a distinctive and historically significant setting.
Address
505 N Lake Shore Dr, Chicago, IL
Building Type
Condo
Year Built
1965
Amenities
Average rating of 4.3 based on 3 reviews
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Frequently Asked Questions
Location & Neighborhood
Streeterville
Streeterville is a lively neighborhood on the shores of Lake Michigan. It combines tourism, residential living, and culture, unlike any other Chicago neighborhood. Every day, thousands of tourists flock to Navy Pier, the Magnificent Mile, and the Museum of Contemporary Art to experience some of Chicago’s most iconic attractions. Northwestern’s Chicago campus and Memorial Hospital contribute to Streeterville’s cultural presence.
Residents typically live in high-rise condos or multi-unit apartments where they can enjoy beautiful lake views and easy access to nearby dining and nightlife options. With many lush parks in the neighborhood and Gold Coast to the North, residents have ample space to take dogs for weekend walks.
Commuting via Lake Shore Drive is supremely convenient for Streeterville residents as long as you have a car or can walk to the red line or Michigan Ave buses. Depending on your location within the neighborhood, access to other highways, public transportation, and The Loop can be limited. If you'd like to have easier access to the Loop, check out New East Side.
Streeterville is home to some of Chicago’s best restaurants, bars, and clubs. Although there are plenty of nightlife options, Streeterville is not considered the nightlife capital of Chicago. People often head to other neighborhoods to take part in a more lively nightlife scene.
From The Blog
Disclaimer
Pricing, availability, and concessions are subject to change at any time and without notice. Photos may be of various model units and apartment availability and lease terms may vary. Information is believed to be accurate, however is subject to errors and omissions. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.