$420,000
SOLD JUN 30, 2025
3 Beds
2 Baths
1,132 Sq Ft
$1,075/mo HOA Fee

Recently Sold

$371 Per Sq Ft

5 Days on Market

Highlights

  • Waterfront
  • Living Room
  • Outdoor Grill
  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Marion Mahony Griffin Beach Park

About This Home

As of June 2025

Welcome to Sherwin on the Lake, where vintage elegance meets modern lakefront living. This spacious 3-bedroom, 2-bath top-floor condo offers panoramic views of Lake Michigan from the main living areas and a rare combination of historic grandeur, smart updates, and resort-style amenities. Built in 1926 as a luxury resort hotel, the building was designed as an in-town escape, complete with a private beach, pier, and even water taxi service to the Loop. Today, it retains many of its original resort features, including a stunning art deco lobby, former ballroom, expansive lakefront veranda, and boat storage. Inside unit 811, you'll find light-filled living and dining spaces with oversized windows that frame breathtaking lake views. The kitchen offers generous cabinetry and prep space, perfect for cooking or entertaining. The condo also features hardwood floors throughout, ample closet space, and in-unit laundry-a modern convenience that sets this home apart. The primary bedroom includes a large closet and en-suite bath, while two additional bedrooms provide flexibility for guests, an office, or creative use. A deeded outdoor parking space is included, and indoor parking is available for rent nearby. Residents enjoy access to a private beach and pier, peaceful gardens, a lakefront patio, bike room, and professional on-site management-all just steps from the Jarvis Red Line, local cafes, Loyola University, and parks. This is a rare opportunity to own a piece of Chicago's lakefront history, with modern updates, iconic views, and unmatched character.

Last Agent to Sell the Property

Heidi Picard

@properties Christie's International Real Estate License #475187667 Listed on: 06/12/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Ricardo Jimenez

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,275

Year Renovated

  • 2001

HOA Fees

  • $1,075 Monthly HOA Fees

Home Design

  • Entry on the 8th floor
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • Window Treatments
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Parking Included in Price

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Additional Features

  • Outdoor Grill
  • Waterfront

Community Details

Overview

  • Association fees include heat, water, electricity, gas, tv/cable
  • 100 Units
  • Mperial Asset Management Llc Association, Phone Number (847) 757-7171
  • Property managed by Mperial Asset Management LLC
  • 8-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,275

Year Renovated

2001

Lot Details

0

HOA Fees

$1,075 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 8
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2001
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2001

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1132
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Square Footage Comments: Floor plan created by CubiCasa App. Measurements deemed highly reliable but not guaranteed.
  • Total Sq Ft: 0
  • Window Features: Aluminum Frames,Window Treatments
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stone
  • ExteriorFeatures: Outdoor Grill
  • List Price: 420000
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiator(s)
  • Laundry Features: In Unit, Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1075
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Mperial Asset Management LLC
  • Management Contact Name: Mperial Asset Management LLC
  • Management Phone: 847-757-7171

Fee Information

  • Association Fee Includes: Heat, Water, Electricity, Gas, TV/Cable

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5274.51
  • Tax Year: 2023

Multi Family

  • Units in Building: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Jun 10, 2025
Sold by
Paterson John G and Mcmanus Amy E
Bought by
Laura Ellen Lerner Revocable Trust and Lerner
Seller's Agent
Heidi Picard
@properties Christie's International Real Estate
Buyer's Agent
Ricardo Jimenez
Coldwell Banker Realty
List Price
$420,000
Sold Price
$420,000
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.86%

Purchase Details

Closed on
Mar 6, 2001
Sold by
Briasco Rick
Bought by
Paterson John G and Mcmanus Amy E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 None Listed On Document
Warranty Deed $79,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,455 New Conventional
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $420,000 0.0% $371 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $420,000 0.0% $371 / Sq Ft
04/07/2016 04/07/16 Rented $1,750 0.0% --
03/22/2016 03/22/16 Under Contract -- -- --
02/22/2016 02/22/16 For Rent $1,750 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,275 $28,657 $1,821 $26,836
2023 $5,142 $25,000 $1,457 $23,543
2022 $5,142 $25,000 $1,457 $23,543
2021 $5,027 $24,999 $1,456 $23,543
2020 $5,229 $23,472 $1,456 $22,016
2019 $5,244 $26,099 $1,456 $24,643
2018 $5,155 $26,099 $1,456 $24,643
2017 $5,063 $26,894 $1,257 $25,637
2016 $5,241 $28,662 $1,257 $27,405
2015 $4,772 $28,662 $1,257 $27,405
2014 $4,927 $29,125 $1,241 $27,884
2013 $4,819 $29,125 $1,241 $27,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12392203

Midwest Real Estate Data (MRED)

APN: 11-29-318-014-1133