Landlord's Agent in 2025
Doug Newman
@ Properties
(773) 899-0801
2 Total Sales
5320 N Sheridan Rd Unit 1503 Chicago, IL 60640
Edgewater Neighborhood
2
Beds
2
Baths
1,015
Sq Ft
1985
Built
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Water Views
- Lock-and-Leave Community
- Community Indoor Pool
About This Home
As of September 2025Luxury 2-bedroom / 2-bathroom unit at the Metropolitan - a full amenity high-rise building in Edgewater with expansive lake and city views. This unit was the building's sales model and features a living room with a recessed ceiling wired for accent lighting, gallery track lights, hardwood plank floors, floor-to-ceiling living room windows, and a balcony for outdoor dining. The kitchen and hall bathroom include updated cabinets, appliances, lighting, and tilework, and the primary bathroom and dressing area have a new designer vanity, faucet, mirror, lighting, and floor tile. The bedrooms have new upscale carpeting, ample closets, and operable windows with screens. The entire unit has been freshly painted. The architecturally striking, 25-story building is a northside landmark. It is managed by a 24-hour staff and its low assessments include the indoor heated pool, cardio and weight training equipment, outdoor tennis courts, interior bicycle racks, rooftop sundeck, and backyard grilling units. The building also has a large onsite laundry facility, a sizable business center with a private meeting room, and a well-appointed two-story atrium lobby. The Metropolitan is located across the street from the walking/bike path to Lincoln Park, the lakefront and Osterman and Foster beaches. The outer drive express bus stops in front of the building and the Berwyn and Bryn Mawr El stations are both 3.5 blocks away. Shopping and restaurants, including Mariano's, are across the street, and Jewel/Osco and CVS are 3 blocks away in the Broadway commercial district. The vibrant Argyle and Andersonville commercial districts are just a few blocks further south and west. Electricity costs $37.67/month. The unit is just down Sheridan Rd. from the Loyola campus. The unit is also available for purchase.
Last Agent to Rent the Property
@properties Christie's International Real Estate License #475164895 Listed on: 07/08/2025
Last Renter's Agent
@properties Christie's International Real Estate License #475164895 Listed on: 07/08/2025
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $2,792
Year Built
- Built in 1985 | Remodeled in 2010
Parking
- 1 Car Garage
- Driveway
Home Design
- Entry on the 15th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,015 Sq Ft Home
- Coffered Ceiling
- Insulated Windows
- Blinds
- Drapes & Rods
- Window Screens
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Home Gym
- Granite Countertops
- Water Views
- Laundry Room
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
Schools
- Goudy Elementary School
- Mccutcheon Elementary Middle School
- Senn High School
Utilities
- Heating Available
- Lake Michigan Water
Listing and Financial Details
- Security Deposit $2,650
- Property Available on 7/8/25
- Rent includes cable TV, water, pool, scavenger, security, security system, doorman, exterior maintenance, lawn care, snow removal, internet, wi-fi
Community Details
Overview
- 257 Units
- David Slack Association, Phone Number (773) 334-7005
- Edgewater Beach Subdivision
- Property managed by Briarwood
- Lock-and-Leave Community
- 25-Story Property
Amenities
- Doorman
- Sundeck
- Picnic Area
- Business Center
- Coin Laundry
- Elevator
- Lobby
- Package Room
Recreation
- Tennis Courts
- Fitness Center
- Community Indoor Pool
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Security Service
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2025
Closed on
Aug 8, 2025
Sold by
Michael J Rice Declaration Of Trust and Carole A Rice Declaration Of Trust
Bought by
Kilmacthomas Llc
Seller's Agent
Doug Newman
@properties Christie's International Real Estate
Buyer's Agent
Doug Newman
@properties Christie's International Real Estate
Sold Price
$2,650
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,212
Purchase Details
Closed on
Dec 17, 2019
Sold by
Rice Michael J and Rice Carole A
Bought by
Rice Michael J and Michael J Rice Declaration Of Trust
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kilmacthomas Llc | -- | Chicago Title Insurance Compan | |
| Rice Michael J | -- | Chicago Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Rented | $2,650 | 0.0% | -- |
| 07/08/2025 07/08/25 | For Rent | $2,650 | 0.0% | -- |
| 06/19/2025 06/19/25 | Price Changed | $333,900 | -1.5% | $329 / Sq Ft |
| 05/17/2025 05/17/25 | For Sale | $339,000 | 0.0% | $334 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $339,000 | -- | $334 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,792 | $21,827 | $1,357 | $20,470 |
| 2023 | $2,683 | $19,201 | $1,102 | $18,099 |
| 2022 | $2,683 | $19,201 | $1,102 | $18,099 |
| 2021 | $2,655 | $19,199 | $1,101 | $18,098 |
| 2020 | $2,600 | $17,254 | $627 | $16,627 |
| 2019 | $2,596 | $19,095 | $627 | $18,468 |
| 2018 | $1,496 | $19,871 | $627 | $19,244 |
| 2017 | $1,602 | $14,284 | $545 | $13,739 |
| 2016 | $2,004 | $14,284 | $545 | $13,739 |
| 2015 | $2,617 | $14,284 | $545 | $13,739 |
| 2014 | $2,340 | $12,610 | $416 | $12,194 |
| 2013 | $2,293 | $12,610 | $416 | $12,194 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Newman
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12413128
APN: 14-08-209-022-1135
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