NOT LISTED FOR SALE

Estimated Value: $161,000 - $183,000

-- Bed
1 Bath
600 Sq Ft
$412/mo HOA Fee

Last Sold March 04, 2025

Last sale price $165,000 $275 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,549/month

61 Days on Market

Highlights

  • Doorman
  • Community Indoor Pool
  • Sundeck
  • Fitness Center
  • Tennis Courts
  • Elevator

About This Home

As of March 2025

Watch the sun set in this stunning rehab! Jumbo studio condo located on a high floor at 5445 N. Sheridan. Beautiful new luxury vinyl flooring throughout, new kitchen with granite counters, new appliances, new bathroom, new electric, newly painted, open floorplan, heat, a/c and basic cable included, full amenity building offers a 24 hour door person, storage, laundry, dry cleaners, tennis courts, pool, outside deck with grills and access to the indoor pool/fitness center at 5415 Sheridan. Located steps to park, beach grocery stores, restaurants, red line and express bus. Monthly HOA Assessments includes the Heating/ Cooling, Cable, Water, and Internet. Investor Friendly Building. No Rental Cap.

Last Agent to Sell the Property

Neal Ratner

Apartment and Home Seekers License #471010763 Listed on: 11/26/2024

Co-Listed By

Bridgett Russell

Apartment and Home Seekers

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,257

Lot Details

  • 1.35

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Studio

Interior Spaces

  • 600 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Heating System Uses Steam
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, scavenger, internet
  • 465 Units
  • Scott Graf Association, Phone Number (773) 769-0500
  • High-Rise Condominium
  • Edgewater Plaza Subdivision
  • Property managed by Community Specialist
  • 39-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,257

Lot Details

0

HOA Fees

$412 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories),Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories),Studio
  • Subdivision Name: Edgewater Plaza
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 19
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 600
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Electric: Circuit Breakers
  • Heating: Steam, Indv Controls
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee: 412
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Tennis Court(s), Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialist
  • Management Contact Name: Scott Graf
  • Management Phone: 773-769-0500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 149
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2257.36
  • Tax Year: 2023

Multi Family

  • Units in Building: 465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2020
Sold by
Terry Matthew and Terry Ming Chu
Bought by
Terry Matthew Faye and Terry Ming Chu
Current Estimated Value
$180,600

Purchase Details

Closed on
Jul 19, 2004
Sold by
Khazeni Reza
Bought by
Terry Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Outstanding Balance
$54,944
Interest Rate
6.34%
Mortgage Type
FHA
Estimated Equity
$112,756

Purchase Details

Closed on
Jul 25, 2001
Sold by
Beik Khosro A and Berman Brenda E
Bought by
Khazeni Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
7.14%

Purchase Details

Closed on
Apr 16, 1998
Sold by
Czuma Maciej
Bought by
Beik Khosro Adam and Berman Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,950
Interest Rate
7.27%
Mortgage Type
Balloon
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
Terry Matthew Faye -- Attorneys Ttl Guaranty Fund
Terry Matthew $113,500 Multiple
Khazeni Reza $102,000 --
Beik Khosro Adam $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Matthew $109,900
Previous Owner Khazeni Reza $96,900
Previous Owner Beik Khosro Adam $31,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $165,000 -1.2% $275 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
11/26/2024 11/26/24 For Sale $167,000 0.0% $278 / Sq Ft
11/16/2015 11/16/15 Rented $950 -2.6% --
11/03/2015 11/03/15 Under Contract -- -- --
10/19/2015 10/19/15 For Rent $975 -- --
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 $2,257 $12,188 $803 $11,385
2023 $2,201 $10,700 $646 $10,054
2022 $2,201 $10,700 $646 $10,054
2021 $2,151 $10,699 $645 $10,054
2020 $2,050 $9,202 $371 $8,831
2019 $1,357 $10,181 $371 $9,810
2018 $1,333 $10,181 $371 $9,810
2017 $904 $7,575 $322 $7,253
2016 $1,017 $7,575 $322 $7,253
2015 $907 $7,575 $322 $7,253
2014 $863 $7,218 $246 $6,972
2013 $835 $7,218 $246 $6,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12216106

Midwest Real Estate Data (MRED)

APN: 14-08-203-015-1203