$333,900
$5K PRICE DROP

5320 N Sheridan Rd Unit 1503 Chicago, IL 60640

Edgewater Neighborhood

Estimated payment $2,867/month

Total Views 7,921
2 Beds
2 Baths
1,015 Sq Ft
$329 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Water Views
  • Lock-and-Leave Community
  • Community Indoor Pool

About This Home

Luxury 2-bedroom / 2-bathroom unit with deeded garage parking 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. No rental cap in the building. Association Reserves = $650,000. Owner pets are allowed with a 40lbs. limit. Multiple Parcels: PIN: 14082090221135: 2023 Condo Taxes = $2,791 PIN: 14082090221308: 2023 Deeded Parking Tax = $316.24 The assessment amount of $764 includes the monthly HOA and parking assessments. Electricity costs $37.67/month. Note: The unit is also available for rent!

Listing Agent

Doug Newman

@properties Christie's International Real Estate License #475164895 Listed on: 05/16/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1985

HOA Fees

  • $764 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,015 Sq Ft Home
  • Coffered Ceiling
  • Double Pane Windows
  • Insulated Windows
  • Drapes & Rods
  • 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

Schools

  • Goudy Elementary School
  • Mccutcheon Elementary Middle School
  • Senn High School

Utilities

  • Heating Available
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 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

  • Pets up to 40 lbs
  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,108

Year Built

Built in 1985

Lot Details

0

HOA Fees

$764 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 15
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Edgewater Beach
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood, Carpet, Wood
  • Interior Amenities: Coffered Ceiling(s), Doorman, Granite Counters, Health Facilities, Lobby
  • LivingArea: 1015
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 25
  • Window Features: Window Treatments, Drapes
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Mirrored Closet Door(s),Sliding Glass Door(s)
  • Window Features: Double Pane Windows,Curtains/Drapes,Insulated Windows
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Concrete
  • List Price: 333900
  • View: Water
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 764
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Health Club, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Tennis Court(s), Business Center, Laundry, Picnic Area, Security
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Briarwood
  • Management Contact Name: David Slack
  • Management Phone: 773-334-7005

Fee Information

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

Schools

  • Elementary School: Goudy Elementary School
  • High School: Senn High School
  • Middle/Junior School: Mccutcheon Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 14082090221308
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 3107.94
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 257

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
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)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12310425

Midwest Real Estate Data (MRED)

APN: 14-08-209-022-1135