Chicago  »  60611  »  Near North Side

500 North Lake Shore Drive, Chicago, IL 60611

Streeterville, Near North Side, Central Chicago, Chicago
Building in Near North Side
500 N Lake Shore Drive - Photo 1
500 N Lake Shore Drive, Apt 43...
Streeterville, Near North Side, Central Chicago, Chicago
$5,900
|
2 Bed
|
2 Bath
By Radim Mandel
500 N Lake Shore Drive - Photo 1
500 N Lake Shore Drive, Apt 91...
Streeterville, Near North Side, Central Chicago, Chicago
$4,000
|
2 Bed
|
2 Bath
By Radim Mandel
500 N Lake Shore Drive - Photo 1
500 N Lake Shore Drive, Apt 39...
Streeterville, Near North Side, Central Chicago, Chicago
$3,095
|
1 Bed
|
1 Bath
By Radim Mandel
500 N Lake Shore Drive - Photo 1
500 N Lake Shore Drive, Apt 42...
Streeterville, Near North Side, Central Chicago, Chicago
$4,700
|
2 Bed
|
2 Bath
By Jacob Steinle
Welcome to 500 North Lake Shore Drive, a building located in Streeterville, Near North Side, Central Chicago, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. Finally, 500 North Lake Shore Drive was most recently sold on Mar 1, 2004 for $12,884,000. The market value for the land that the building sits on has been listed at $7,881,400. In addition, improvements upon the building have an added value of $124,725,320. In total, the total market value of the property as a whole is $132,606,720. According to local assessors, the total value of the building is currently valued at $13,260,672. Specifically, the value of the land that the property sits on has been assessed at $788,140. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Fitness Center
Laundry In Building
Common Outdoor Space
Policies
Cats Allowed
Dogs Allowed
Facts
General
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Living Units
458
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
CITYFRONT CENTER BNG A RESUB IN THE N
Land Acres
0.905
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
(CITYFRONT) CENTER BNG A RESUB IN THE N FRACTION OF SEC 10-39-14
Ownership
Current Owner
JER RV 2 LLC
Current Owner's Name
LSD RELATED BIT 500
Previous Owner
WESTWACKER P21 P24 LLC
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60654
Owner First Name
RELATED
Owner Last Name
LSD
Owner Middle Name
BIT 500
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
081402
Zoning
Zoning
PD 368
Geography
Assessors Map Reference
1NW-30-02
District
74
Parcel
17-10-218-007-0000
Block
4
Lot Code
unknown
Meridian
SEC 10 TWN 39N RNG 14E
Municipality
NORTH CHICAGO
Latitude
41.8915
Longitude
-87.6148
FIPS
17031
Mailing Carrier Code
C049
Mailing Street Direction
W
Mailing Full Street Address
350 W HUBBARD ST STE 300
Mailing House Number
350
Mailing Street Mode
ST
Mailing Street
HUBBARD
Mailing Unit Number
300
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
5821
Old APN
17-10-218-007-0000
Geo Status Code
unknown
Valuation
Timestamp
2024-04-01 17:27:53
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 500 North Lake Shore Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Near North Side area have a median price of $2,925. Those in the 25th percentile, have a price around $2,200. While those in the 75th percentile, have a price around $4,273. Typically, the buildings in this area have a median sqft of 1,025. That means that the median price per sqft is around $3. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $4. As a breakdown, we've included the following stats:

  • There are currently a total of 55 studio listings. The median price for these types of listings is $1,785. That's $3.61 price per sqft.

  • There are currently a total of 166 one bedroom listings. The median price for these types of listings is $2,400. That's $3.01 price per sqft.

  • There are currently a total of 121 two bedroom listings. The median price for these types of listings is $3,800. That's $2.96 price per sqft.

  • There are currently a total of 57 three bedroom listings. The median price for these types of listings is $7,500. That's $3.57 price per sqft.

  • There are currently a total of 13 four bedroom listings. The median price for these types of listings is $22,500. That's $3.90 price per sqft.
About The Area
500 North Lake Shore Drive is located in Cook County, Illinois. There are 5,227,575 people living here. There are 1,951,606 households. Most of these households have an average family size of 3.43 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 36.1 years old. On average, most folks in the county are unmarried. About 35% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $56,902. Most folks will commute by car for around 32.6 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 22% and 15% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Chicago, IL - IN Urban Area has a population of 8,672,319 people. Based on census records, there are 3,153,810 registered households. Families in this area are on average made up of 3.4 people per household. Most folks are unmarried. They are also typically around 36.6 years old. Does diversity matter to you? Right now, 30% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 61.2%. Those employed, have a median income of $63,064. If you move here, you can expect to commute mostly by car for around 31.5 minutes.

$1,785
Studio Median Rent
$2,400
1BR Median Rent
$3,800
2BR Median Rent
$7,500
3BR Median Rent
PUBLIC TRANSIT
29
65
66
124
2
Grand & Peshtigo (Under 500 ft - 3 min walk)
Chicago Transit Authority
29
65
66
124
2
Illinois & Peshtigo (Under 500 ft - 3 min walk)
Chicago Transit Authority
29
65
66
124
2
Grand & Streeter (710 ft - 3 min walk)
Chicago Transit Authority
120
121
McClurg & Grand (780 ft - 3 min walk)
Chicago Transit Authority
29
65
66
124
2
Illinois & McClurg (880 ft - 4 min walk)
Chicago Transit Authority

Nearby Schools

(within attendance boundary)
Ogden Elem School  •  0.96 mi
24 W Walton St, Chicago, IL 60610
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
LEARN Chtr - Middle School  •  4.5 mi  
Charter
3021 W Carroll Ave, Chicago, IL 60612
Public  •  Middle School  •  Grades 6 to 8
Chicago Public School District 299
936 N Ashland Ave, Chicago, IL 60622
Public  •  High School  •  Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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