NOT LISTED FOR SALE

5320 N Sheridan Rd Unit 502 Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $331,433 - $530,000

3 Beds
2 Baths
1,205 Sq Ft
$827/mo HOA Fee

Last Sold February 07, 2025

Last sale price $382,000 $317 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,276/month

12 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Business Center

About This Home

As of February 2025

Experience luxury living in this highly coveted and rarely available 3-bedroom condo. This exceptional home combines modern comforts with unparalleled amenities, all in a prime location. The brand-new kitchen, with state-of-the-art Samsung Bespoke Stylish White Glass Appliances and ample cabinetry, makes meal preparation a joy. The open-concept living and dining room are perfect for entertaining family and friends. Benefit from low monthly assessments while enjoying a range of premium amenities such as friendly and attentive door staff available around the clock and premium cable channels for your entertainment. Keep fit with the top-of-the-line exercise room. Enjoy swimming year-round in the indoor heated pool. Play tennis or pickleball day or night on well-maintained courts. Enjoy the sundecks and ground-level patio grills, perfect for relaxing or hosting BBQs. A convenient package pickup with the Amazon Hub and one deeded garage parking spot is included. This prime location is just steps from Mariano's, Jewel, CVS, Starbucks, and Burkes Public House. Access to trails leading to the beach and parks along the lakefront. Easy access to CTA buses and trains for convenient commuting. This condo offers an unbeatable combination of luxury and convenience at an incredible value. If you're looking for an exceptional high-rise condo in Edgewater, this is the one for you!

Last Agent to Sell the Property

David Duncan

Berkshire Hathaway HomeServices Chicago License #475180823 Listed on: 12/16/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Daniel Close

Redfin Corporation License #475127076

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,367

Year Built

  • Built in 1984

Lot Details

  • Dog Run
  • Additional Parcels

HOA Fees

  • $827 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,205 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Home Gym
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 253 Units
  • David Slack Association, Phone Number (773) 334-7005
  • Edgewater Beach Subdivision
  • Property managed by Briarwood
  • 25-Story Property

Amenities

  • Doorman
  • Sundeck
  • Business Center
  • Party Room
  • Laundry Facilities
  • Lobby
  • Package Room
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,367

Year Built

Built in 1984

Lot Details

0

HOA Fees

$827 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Edgewater Beach
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Elevator, Hardwood Floors, Wood Laminate Floors, Walk-In Closet(s), Drapes/Blinds, Health Facilities, Lobby
  • LivingArea: 1205
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 25
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • Window Features: Curtains/Drapes
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Dog Run, Outdoor Grill
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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: 827
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Tennis Court(s), Business Center
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Briarwood
  • Management Contact Name: David Slack
  • Management Phone: 773-334-7005
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • 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: 99

Tax Info

  • Tax Annual Amount: 4367.04
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2024
Closed on
Feb 5, 2025
Sold by
Giesso Martin and Bonnin Nora E
Bought by
Giannini Christopher Quinn
Seller's Agent
David Duncan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Daniel Close
Redfin Corporation
List Price
$400,000
Sold Price
$382,000
Premium/Discount to List
-$18,000
-4.5%
Views
31
Current Estimated Value
$401,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,608
Avg. Annual Appreciation
6.07%
Original Mortgage
$281,250
Outstanding Balance
$279,605
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$122,003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Giannini Christopher Quinn $382,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giannini Christopher Quinn $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $382,000 -4.5% $317 / Sq Ft
12/28/2024 12/28/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $400,000 -- $332 / Sq Ft
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 $4,051 $21,848 $1,359 $20,489
2023 $3,949 $19,201 $1,103 $18,098
2022 $3,949 $19,201 $1,103 $18,098
2021 $3,861 $19,199 $1,102 $18,097
2020 $3,156 $17,271 $628 $16,643
2019 $3,151 $19,114 $628 $18,486
2018 $3,251 $19,891 $628 $19,263
2017 $2,352 $14,299 $546 $13,753
2016 $2,364 $14,299 $546 $13,753
2015 $2,140 $14,299 $546 $13,753
2014 $1,865 $12,622 $416 $12,206
2013 $1,817 $12,622 $416 $12,206
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12254855

Midwest Real Estate Data (MRED)

APN: 14-08-209-022-1024