As of November 2026: Sixty-five condos closed at Harbor Point, 155 N. Harbor Drive, from November 1, 2024, to October 31, 2026. Median sale prices were $270,000 for studios, $310,000 for one-bedrooms with one bath, $453,500 for one-bedrooms with one and a half baths, $507,500 for two-bedrooms with two baths, and $1,011,250 for combined residences of three or more bedrooms. Median marketing time rose from 37 days to 53 days between the two years.
Rising 54 stories above Monroe Harbor, Harbor Point is one of the original residential towers of Chicago's New Eastside. Long before the modern Lakeshore East neighborhood took shape, this distinctive high-rise established a residential presence along Chicago's lakefront.
Today, Harbor Point offers waterfront views, extensive amenities, and convenient access to downtown Chicago. For buyers and those relocating to Chicago, it offers an unusually diverse selection of residences, from studios and one-bedroom condominiums to spacious combined homes.
For owners considering selling, Harbor Point presents a different challenge: understanding how floor plans, views, renovations, and competing listings influence value. A review of 65 closed sales over the past 24 months provides valuable insight into this market.
1. A Chicago Architectural Landmark
Designed by the Chicago firm Solomon Cordwell Buenz and completed in 1975, Harbor Point is distinguished by its three-winged design and prominent position overlooking Monroe Harbor. The 54-story building contains approximately 742 condominium residences.
When Harbor Point was built, much of the surrounding land was still railroad yards. The transformation of this area into today's Lakeshore East came decades later.
Its design allows residences to capture different views of Lake Michigan, Monroe Harbor, Grant Park, Millennium Park, and the Chicago skyline. For more about the neighborhood's transformation, see Before Lakeshore East: The High-Rises That Built Chicago's New Eastside.
2. Living at Harbor Point: Location and Amenities
One of Harbor Point's greatest advantages is its location. The building offers easy access to Millennium Park, Maggie Daley Park, the Chicago Riverwalk, Michigan Avenue, and the Lakefront Trail. For people relocating to Chicago, it offers downtown living without depending on a car for most everyday activities.
Harbor Point's amenities include:
- 24-hour door staff and on-site management
- Indoor swimming pool and whirlpool
- Fitness center, sauna, and steam rooms
- Indoor basketball and racquetball courts
- Outdoor sundeck and landscaped areas
- Resident entertainment and hospitality spaces
- Children's playroom
- Bicycle storage
- Garage parking through monthly rental
- Retail services, including Bockwinkel's grocery store
A grocery store in the building is a particularly welcome feature during Chicago winters. Still, amenities are only one part of ownership. Monthly assessments, association finances, building maintenance, and long-term capital improvements deserve equal attention. Amenities, services, and building policies are subject to change and should be confirmed with management.
3. What Buyers Should Know About Harbor Point
Floor Plans and Residence Types
The building includes studios, one-bedroom and two-bedroom condominiums, and larger combined homes created by joining original units. Even within the one-bedroom category, layouts differ considerably. A one-bedroom with one full bath is not necessarily comparable to a larger one-bedroom with an additional half bath. Square footage, room proportions, storage, and functionality all affect resale value.
At Harbor Point, bedroom count alone does not determine value.
Views and Exposure
Depending on their location in the building, residences may look over Lake Michigan, Monroe Harbor, the surrounding parks, or the skyline. Floor level, orientation, natural light, and privacy all shape the ownership experience, and they matter when evaluating comparable sales.
Interior Condition
Harbor Point includes both extensively renovated residences and homes with older finishes. Updated kitchens, bathrooms, flooring, and lighting can make a significant difference in how buyers see a property. Renovation costs, however, do not automatically translate into an equal increase in value.
Association Finances and Financing
Before buying, review the association's budget, reserves, assessments, insurance coverage, planned capital improvements, and financing requirements. These are especially important in an established high-rise. For how to read what an assessment covers, see Chicago condo assessments explained.
4. Harbor Point Chicago: Condominium Sales
November 1, 2024 – October 31, 2026
According to MRED MLS records, 65 condominiums closed at Harbor Point in this 24-month period, from studios to large combined residences.
Closed Sales by Residence Type
- Studio: 3 sales, median $270,000
- One-bedroom, one bath: 17 sales, median $310,000
- One-bedroom, one and a half baths: 14 sales, median $453,500
- Two-bedroom, two baths: 22 sales, median $507,500
- Three or more bedrooms, combined: 6 sales, median $1,011,250
Three additional two-bedroom sales with different bath configurations are included in the 65-sale total but not shown separately.
What These Sales Reveal
One of the most interesting findings is the gap between Harbor Point's two one-bedroom configurations. One-bedrooms with one full bath had a median price of $310,000. Larger one-bedrooms with an additional half bath had a median of $453,500, a difference of about $143,500.
The half bath alone does not create that difference. The larger residences also differ in size, layout, and other features. But it shows why comparing condominiums by bedroom count alone can be misleading.
Two-bedrooms also vary widely in size, condition, and views. At the top of the market, combined residences are a category of their own, often competing with larger homes across downtown Chicago rather than only with other Harbor Point condos.
5. What Recent Sales Reveal About Pricing
To better understand market activity, I compared the two consecutive 12-month periods in the analysis:
- Closed sales: 33 in the earlier 12 months, 32 in the most recent 12 months
- Median sold price: $489,000 earlier, $422,500 most recently
- Median marketing time: 37 days earlier, 53 days most recently
Sales Activity Remained Consistent
Transaction activity was steady from one year to the next. The overall median price, however, moved from $489,000 to $422,500.
Does that mean Harbor Point values declined? Not necessarily. The mix of homes sold matters. A year with more large, renovated, or combined residences can produce a higher median even when prices for comparable units stay relatively stable. That is why a building-wide median should never replace an analysis of your specific condo.
Marketing Time Increased
Median marketing time rose from about 37 days to 53 days. Sellers should pay careful attention to pricing, presentation, and competing listings. Some condos sell quickly, while others need longer or a price adjustment. The most meaningful comparison is not the building's average. It is how the condos buyers would see as direct alternatives to yours have performed.
6. Understanding Parking at Harbor Point
In many downtown condominium buildings, parking spaces are separately deeded and may be included in the price or sold separately. At Harbor Point, garage parking is generally rented monthly.
Buyers should evaluate the purchase price separately from the ongoing cost of parking and confirm current availability and rates. For sellers, it matters to explain the arrangement clearly: a condo in another building that includes deeded parking is not directly comparable without accounting for the value of that parking.
7. What Sellers Should Consider Before Listing at Harbor Point
Selling at Harbor Point takes more than looking at the most recent sale. The building's size and variety of floor plans make a strategy for your specific condo especially important.
Identify the Right Comparable Sales
The most recent sale is not always the most relevant. Floor plan, square footage, bath configuration, exposure, views, and condition all affect value. A smaller one-bedroom should not be compared with a much larger one, and a combined home may compete with spacious condos in other downtown buildings.
Evaluate Condition Before Renovating
Not every improvement pays for itself. Some condos benefit from modest preparation, such as painting, professional cleaning, better lighting, and thoughtful staging. Others need more. The goal is to decide which improvements will help your condo compete without unnecessary spending.
Price Against Current Competition
Closed sales set benchmarks, but active listings shape buyer expectations. At Harbor Point, buyers often have several condos to compare in the same building. A sound price considers both past sales and the homes buyers can tour today.
Prepare Association Documentation Early
Budgets, reserves, insurance, assessments, and planned improvements can affect financing and the transaction. Preparing your Section 22.1 disclosure documents before listing helps identify issues early.
Market the Individual Residence
Professional photography, accurate property information, and targeted marketing show what makes your condo different. For larger or premium residences, marketing should also reach buyers comparing homes across downtown Chicago. The goal is not to advertise another Harbor Point condo. It is to show why yours deserves a buyer's attention.
That's my 3P-to-SOLD™ strategy: Prepared. Priced. Protected. To estimate what you would keep after closing costs, see how much you will net selling a downtown Chicago condo.
Frequently Asked Questions About Harbor Point Condos
How much do condos at Harbor Point sell for?
From November 2024 to October 2026, median prices were $270,000 for studios, $310,000 for one-bedrooms with one bath, $453,500 for one-bedrooms with one and a half baths, $507,500 for two-bedrooms with two baths, and $1,011,250 for combined residences of three or more bedrooms.
Why do one-bedrooms at Harbor Point sell at such different prices?
The building has two main one-bedroom configurations. Larger one-bedrooms with an additional half bath sold for a median of about $143,500 more than one-bedrooms with one bath, reflecting differences in size and layout as well as the extra bath.
Does Harbor Point have deeded parking?
Generally not. Garage parking at Harbor Point is usually rented monthly, so buyers should add its cost to their monthly housing expenses.
How long does it take to sell a condo at Harbor Point?
Median marketing time was about 53 days in the most recent 12 months, up from about 37 days the year before. Pricing, condition, and competing listings in the building have the biggest effect.
Is there a grocery store in Harbor Point?
Yes. Bockwinkel's grocery store is in the building. Confirm current retail services with management.
8. Thinking About Selling Your Harbor Point Condo?
Every condo at 155 N. Harbor Drive competes differently, depending on its recent comparable sales, current competition, floor, views, and condition. Request your condo selling strategy: what your condo could sell for, what's worth fixing first, and how it compares with others in Harbor Point.
More About Lakeshore East
- Before Lakeshore East: The High-Rises That Built Chicago's New Eastside
- From Railroad Yards to a New Urban Vision: The Story of Lakeshore East
See all downtown Chicago condo building guides.
About Larissa Brodsky
Larissa Brodsky is a Chicago real estate broker affiliated with Compass and has been in Chicago real estate since 2008. She lives in Lakeshore East and specializes in downtown Chicago condominiums, including Lakeshore East, Streeterville, River North, and the Gold Coast. A Certified International Property Specialist with a Master's in Computer Science from DePaul, she brings a data-driven approach to pricing, preparation, negotiation, and closing.
Market information is based on MRED MLS data for closed condo sales at 155 N. Harbor Drive from November 1, 2024, to October 31, 2026, compiled November 2, 2026, and is deemed reliable but not guaranteed. Individual property values depend on current market conditions and property-specific characteristics. Verify amenities, policies, fees, and restrictions with condominium management. This article is general information, not legal, tax, or financial advice.
