$202,000
SOLD JUL 8, 2024

5455 N Sheridan Rd Unit 2306 Chicago, IL 60640

Edgewater Neighborhood
1 Bed
1 Bath
900 Sq Ft
$802/mo HOA Fee

Recently Sold

$224 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Doorman
  • In Ground Pool
  • Landscaped Professionally
  • Lake Front
  • Rooftop Deck
  • 5-minute walk to AIDS Memorial Mediation Point

About This Home

As of July 2024

Welcome to your new home at Unit 2306 in the Edgewater Plaza Condominiums, located at 5455 N Sheridan Road. This impeccably maintained one-bedroom, one-bath condo on the 23rd floor offers stunning unobstructed eastern views of Lake Michigan and southern views of the park and skyline, flooding the unit with natural light right when you walk in the door. Enjoy an open concept living and dining area with expansive views, perfect for relaxation and entertaining, and just minutes from the beach. The chef's kitchen features elegant cabinetry, granite countertops, and stainless steel appliances. The spacious bedroom features ample closet space, providing plenty of storage as well as lots of natural light. Monthly assessments cover heat, air conditioning, basic cable, and high-speed internet, leaving only the electric bill as your utility expense. Edgewater Plaza boasts fantastic amenities, including an outdoor pool with private cabanas and grills, a rooftop sundeck, two party rooms, fee-based garage parking, door staff, and onsite management. The building is very pet-friendly, allowing up to two dogs. Conveniently located with a bus stop right outside, you'll be within minutes of shops, restaurants, nightlife, the park and the beach. Easy access to the express bus and Bryn Mawr CTA red line to downtown as well as all the shops and restaurants in Andersonville! Onsite valet parking is available for $176 a month. Welcome to your new home in the heart of Edgewater!

Last Agent to Sell the Property

Jeffrey Jungbauer

Compass License #475183313 Listed on: 05/22/2024

Compass

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1968

Lot Details

  • Lake Front
  • End Unit
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $802 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage
  • Circular Driveway

Interior Spaces

  • 900 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Water Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Outdoor Features

  • In Ground Pool
  • Rooftop Deck
  • Patio

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 465 Units
  • Anthony Rodriguez Association, Phone Number (773) 769-2760
  • High-Rise Condominium
  • Edgewater Plaza Subdivision
  • Property managed by Edgewater Plaza Condo Association
  • Lock-and-Leave Community
  • 39-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,382

Year Built

Built in 1968

Lot Details

0

HOA Fees

$802 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Edgewater Plaza
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 23
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage
  • LivingArea: 900
  • Other Equipment: TV-Cable, Intercom
  • Room Type: Foyer
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, In Ground Pool, Storms/Screens, End Unit, Master Antenna
  • List Price: 195000
  • Lot Features: Common Grounds, Fenced Yard, Lake Front, Landscaped, Park Adjacent, Water View
  • Waterfront: Yes
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Circular
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 176
  • Lowest Parking Fee: 176

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air, Indv Controls
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 802
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Edgewater Plaza Condo Association
  • Management Contact Name: Anthony Rodriguez
  • Management Phone: 773-769-2760
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Lease Amount: 176
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2381.56
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 14, 2024
Sold by
Iskandar Reza Paulus
Bought by
Thakker Priyank H
Seller's Agent
Jeffrey Jungbauer
Compass
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$195,000
Sold Price
$202,000
Premium/Discount to List
$7,000
3.59%
Views
10
Current Estimated Value
$214,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,842
Avg. Annual Appreciation
3.69%
Original Mortgage
$95,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2003
Sold by
Towner Mark S
Bought by
Iskandar Reza Paulus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,200
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 29, 2000
Sold by
Palm Jody I
Bought by
Towner Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
7.87%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $202,000 Proper Title
Warranty Deed $172,000 --
Warranty Deed -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 New Conventional
Previous Owner $65,871 New Conventional
Previous Owner $110,000 Unknown
Previous Owner $146,200 Balloon
Previous Owner $95,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $92,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $202,000 +3.6% $224 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $195,000 -- $217 / 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 $2,465 $17,955 $1,261 $16,694
2023 $2,382 $15,000 $1,060 $13,940
2022 $2,382 $15,000 $1,060 $13,940
2021 $2,346 $14,999 $1,059 $13,940
2020 $2,484 $14,253 $582 $13,671
2019 $2,480 $15,771 $582 $15,189
2018 $2,437 $15,771 $582 $15,189
2017 $1,740 $11,457 $506 $10,951
2016 $1,883 $11,900 $506 $11,394
2015 $1,700 $11,900 $506 $11,394
2014 $1,439 $10,324 $386 $9,938
2013 $1,399 $10,324 $386 $9,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12062039

Midwest Real Estate Data (MRED)

APN: 14-08-203-016-1249