NOT LISTED FOR SALE

Optima Towers 1580 Sherman Ave Unit 801 Evanston, IL 60201

Downtown Evanston Neighborhood

Estimated Value: $639,000 - $751,000

3 Beds
2 Baths
1,587 Sq Ft
0.61 Acre Lot

Sale Details

Date Sold: May 20, 2025

Last sale price $825,000 $520 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $5,648 / mo

Highlights

  • Fitness Center
  • 3-minute walk to Davis Station
  • Community Indoor Pool
  • Dewey Elementary School Rated A
  • Lock-and-Leave Community
  • 1-minute walk to Fountain Square

About This Home

As of May 2025

Perfection. Extensively renovated three-bedroom and two-bathroom condo in the heart of downtown Evanston. Open-concept living epitomized with floor-to-ceiling windows that incorporate city views and glimpses of Lake Michigan into your home. Stunning kitchen with an expansive island w/ barstool seating, flat paneled contrasting upper and lower cabinets, quartz counters, stainless appliances, and range hood. Primary suite w/ walk-in closet, custom drapes, and a gorgeous ensuite bathroom w/ walk-in Deluxe steam shower, high-end tile, double white flat panel vanity, & matching touchscreen LED mirrors. The second and third bedrooms and the hall bath w/ a white flat panel vanity, black hexagon floor tile, vertical glazed subway tile, & a touchscreen LED mirror, complete the main living space. Additional features include an elongated Eastern-facing balcony, 5" white oak hardwood flooring, all new light fixtures, newer furnace, & new washer & dryer. Located in the center of downtown Evanston within earshot of retail and public transportation. Blocks from Lake Michigan and Northwestern University. Building amenities include heated garage parking, swimming pool, hot tub, & exercise room.

Last Agent to Sell the Property

Geoff Brown

Compass License #475138905 Listed on: 05/05/2025

Compass

Co-Listed By

Sandra Brown

Compass License #475097602

Last Buyer's Agent

Jonathon Spradling

@properties Christie's International Real Estate License #475192084

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,693

Year Built

  • Built in 2002 | Remodeled in 2023

Lot Details

  • 0.61

HOA Fees

  • $1,003 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,587 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include gas, parking, insurance, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 125 Units
  • Gregory Halpern Association, Phone Number (847) 998-6650
  • Property managed by NS Management
  • Lock-and-Leave Community
  • 13-Story Property

Amenities

  • Lobby
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,693

Year Built

Built in 2002 | Remodeled in 2023

Lot Details

0.61 Acres

HOA Fees

$1,003 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 8
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2002
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Elevator, Storage, Walk-In Closet(s), Lobby
  • LivingArea: 1587
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 13
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1003
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Exercise Room, Storage, Indoor Pool, Receiving Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Management
  • Management Contact Name: Gregory Halpern
  • Management Phone: 847-998-6650
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Gas, Parking, Insurance, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 9693
  • Tax Year: 2023

Multi Family

  • Units in Building: 125

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
May 15, 2025
Sold by
Bought by
Seller's Agent
Geoff Brown
Compass
Buyer's Agent
Jonathon Spradling
@properties Christie's International Real Estate
List Price
$825,000
Sold Price
$825,000
Views
49
Current Estimated Value
$704,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,758
Avg. Annual Appreciation
-12.45%

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 2, 2024
Sold by
Bought by
Seller's Agent
David Rosen
Baird & Warner
Buyer's Agent
Jonathan Klemt
@properties Christie's International Real Estate
List Price
$840,000
Sold Price
$770,000
Premium/Discount to List
-$70,000
-8.33%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jan 30, 2023
Sold by
Bought by
Seller's Agent
Emily Destefano
@properties Christie's International Real Estate
Buyer's Agent
Anne Rossley
Baird & Warner
List Price
$645,000
Sold Price
$620,000
Premium/Discount to List
-$25,000
-3.88%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.09%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
0.0648%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 Chicago Title Company
$770,000 None Listed On Document
$620,000 Proper Title
$440,000 Centennial Title Incorporate
$415,000 Centennial Title Incorporate
$382,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $335,000
Closed $352,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2025 05/20/25 Sold $825,000 0.0% $520 / Sq Ft
05/05/2025 05/05/25 For Sale $825,000 +7.1% $520 / Sq Ft
05/02/2024 05/02/24 Sold $770,000 -8.3% $485 / Sq Ft View Prior Sale
04/19/2024 04/19/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $840,000 +35.5% $529 / Sq Ft
02/03/2023 02/03/23 Sold $620,000 -1.6% $391 / Sq Ft View Prior Sale
01/06/2023 01/06/23 Pending -- -- --
10/16/2022 10/16/22 Price Changed $630,000 -2.3% $397 / Sq Ft
09/16/2022 09/16/22 For Sale $645,000 -- $406 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,694 $55,455 $953 $54,502
2024 $9,694 $40,044 $808 $39,236
2023 $10,023 $40,044 $808 $39,236
2022 $10,023 $43,151 $808 $42,343
2021 $10,420 $39,265 $533 $38,732
2020 $10,281 $39,265 $533 $38,732
2019 $10,061 $42,941 $533 $42,408
2018 $10,500 $38,324 $452 $37,872
2017 $10,226 $38,324 $452 $37,872
2016 $9,699 $38,324 $452 $37,872
2015 $8,773 $32,718 $363 $32,355
2014 $8,884 $32,718 $363 $32,355
2013 $8,686 $32,718 $363 $32,355
Source: Public Records

Agents Affiliated with this Home

  • Geoff Brown

    Seller's Agent in 2025

    Geoff Brown

    Compass

    (847) 208-0422

    9 in this area

    170 Total Sales

    Geoff Brown
    Section Image
  • Sandra Brown

    Seller Co-Listing Agent in 2025

    Sandra Brown

    Compass

    (847) 744-7780

    6 in this area

    87 Total Sales

    Sandra Brown
    Section Image
  • Jonathon Spradling

    Buyer's Agent in 2025

    Jonathon Spradling

    @ Properties

    (312) 682-8500

    1 in this area

    81 Total Sales

    Jonathon Spradling
    Section Image
  • David Rosen

    Seller's Agent in 2024

    David Rosen

    Baird & Warner

    (312) 953-1237

    14 in this area

    39 Total Sales

    David Rosen
    Section Image

  • J

    Buyer's Agent in 2024

    Jonathan Klemt

    @ Properties

    Section Image
  • Emily Destefano

    Seller's Agent in 2023

    Emily Destefano

    @ Properties

    (970) 519-1817

    4 in this area

    64 Total Sales

    Emily Destefano
    Section Image
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About Optima Towers

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12304296

Midwest Real Estate Data (MRED)

APN: 11-18-311-043-1046

Illinois Cook County Evanston 60201 Downtown Evanston

1580 Sherman Ave Unit 801, Evanston, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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