Lake Point Tower is a residential skyscraper located on a promontory of the Lake Michigan waterfront in Chicago, just north of the Chicago River at 505 North Lake Shore Drive. Completed in 1968, it is in the Streeterville neighborhood on the Near North Side. Located adjacent to Navy Pier, the building is the only skyscraper in the city east of Lake Shore Drive.

Streeterville is a neighborhood in the Near North Side community area of Chicago, Illinois, United States, north of the Chicago River. It is bounded by the river on the south, the Magnificent Mile portion of Michigan Avenue on the west, and Lake Michigan on the north and east, according to most sources, although the City of Chicago only recognizes a small portion of this region as Streeterville. Thus, it can be described as the Magnificent Mile plus all land east of it. The tourist attraction of Navy Pier and Ohio Street Beach extend out into the lake from southern Streeterville. To the north, the East Lake Shore Drive District, where the Drive curves around the shoreline, may be considered an extension the Gold Coast. The majority of the land in this neighborhood is reclaimed sandbar.