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Property Details
17-10-214-042-0000
505 N LAKE SHORE DR ● CHICAGO, IL ● North Chicago
Tax Details
Property Classification
497
Square Footage (Land)
117,137
Neighborhood
30
Taxcode
74002
Next Scheduled Reassessment
2024
Assessed Valuation
2020 Assessor Certified values include adjustments, where applicable, for COVID-19 effects on property.
2024 Assessor Valuation
2023
Board of Review Certified
Board of Review Certified
Total Estimated Market Value
$10
$10
Total Assessed Value
$2
$2
Land Assessed Value
$1
$1
Building Assessed Value
$1
$1
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request
Exemption Status
| Year | Exemption type and amount |
|---|
Exemption History
Characteristics
Description
Not for profit special improvement
Age
**
Building Square Footage
**
Assessment Phase
Assessor Valuation
1 Excluded from building square footage, except apartment
2 Excluded from building square footage
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request
Appeal History
| Year | Previous Board Certified | Assessor Post-Appeal Valuation | Assessor Valuation | Appeal Number | Attorney/Tax Representative | Applicant | Status | Result |
|---|---|---|---|---|---|---|---|---|
| 2019 | $3 (2018) | $2 | $27,178 | 200240 | MARK VOLPE | LAKE POINT TOWER CONDO | Appeal Review Complete | Assessed Value Adjusted - This is the result of a factual change in your property records. |
| 2018 | $54,070 (2017) | $51,556 | $64,445 | 9202589 | RICHARD WORSEK | KOVITZ SHIFRIN NESBIT | Appeal Review Complete | Assessed Value Adjusted - This is the result of a change in classification. |
| 2018 | $54,070 (2017) | $51,556 | $64,445 | 202589 | RICHARD WORSEK | KOVITZ SHIFRIN NESBIT | Appeal Review Complete | Assessed Value Adjusted - This is the result of a change in classification. |
| 2017 | $2 (2016) | $54,070 | $54,070 | 180247 | JAMES A. FIELD | KOVITZ SHIFRIN NESBIT | Appeal Review Complete | Assessed Value Not Adjusted - This is due to insufficient data having been submitted for our review. |
| 2016 | $0 (2015) | $54,070 | $54,070 | 180490 | KOVITZ SHIFRIN NESBIT | JAMES A. FIELD | Appeal Review Complete | Assessed Value Not Adjusted - This is due to insufficient data having been submitted for our review. |
Certificate of Error History
| Year | Certificate Number | Property Location | Issued Date | C of E Description | Reason | Comments |
|---|---|---|---|---|---|---|
| 2017 | 0 | 505 N LAKE SHORE DR | 2024-11-27 | No data has been submitted to establish that a reduction is warranted. |
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