On July 29, 2016, Hitesh C Patel and Archana Desai purchased a home at 505 N Lake Shore Drive 3701, Chicago from Johnnie Colemon (deceased) and Claude Kahn (executor) for $850,000.

In 2015, the property tax paid for this property was $8,117.27, which is 0.95% of the sale price of the home.

In July 2016, 104 properties sold in Gold Coast.