NOT LISTED FOR SALE

5455 N Sheridan Rd Unit 2503 Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $192,000 - $232,092

1 Bed
1 Bath
-- Sq Ft
$730/mo HOA Fee

Last Sold December 19, 2022

Last sale price $185,000

Est. 12% increase in value since last sale

Current estimated payment $2,087/month

5 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • Property is near a park
  • In Ground Pool
  • Waterfront
  • 5-minute walk to AIDS Memorial Mediation Point

About This Home

As of December 2022

Live life to the fullest in this "Fully Updated" 1 bedroom, 1 bath Edgewater condominium with stunning Lake Michigan and Lake Shore Drive "Million Dollar'' views! The renovated kitchen features custom cherry cabinets with a coffee bar, granite countertops, brand new stainless steel appliances. Ceramic tile flooring in the entryway and kitchen. Updated bathroom with new Kohler fixtures. Full Amenity Building - 24 hour Doorman, Pool with cabanas, library, sundecks, 2 party rooms, fenced yard w/gas grills. Garage valet parking is $176/month. This is a pet friendly building. Heat, central air and water included in monthly assessments as well as cable tv package and wifi. Plus much more! Steps from Lake Michigan, jogging path, El and Lake Shore Drive

Last Agent to Sell the Property

Ralph Milito

@properties Christie?s International Real Estate License #471005750 Listed on: 11/17/2022

@properties Christie?s International Real Estate

Last Buyer's Agent

Connie Abels

RE/MAX Premier License #471003976

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1969

Lot Details

  • Waterfront
  • Fenced Yard

HOA Fees

  • $730 Monthly HOA Fees

Parking

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

Interior Spaces

  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Rooftop Deck
  • Outdoor Grill

Location

  • Property is near a park

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • TV Antenna

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 465 Units
  • Brian Kelly Association, Phone Number (773) 769-2757
  • High-Rise Condominium
  • Edgewater Plaza Subdivision
  • Property managed by First Property Management
  • 39-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Common Area
  • Party Room
  • Coin Laundry
  • 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

$1,206

Year Built

Built in 1969

Lot Details

0

HOA Fees

$730 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: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 25
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 39
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm

Exterior Features

  • ExteriorFeatures: Deck, Roof Deck, In Ground Pool, Storms/Screens, Outdoor Grill, Master Antenna
  • Lot Features: Common Grounds, Fenced Yard, Park Adjacent, Water View
  • Waterfront: Yes
  • Exterior Building Type: Block,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Circular
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam, Other
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 730
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Pool, Receiving Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Property Management
  • Management Contact Name: Brian Kelly
  • Management Phone: 773-769-2757
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Lease Amount: 176
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1206.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Dec 14, 2022
Sold by
Heidkamp Eugene Anthony
Bought by
Fornango Douglas
Seller's Agent
Ralph Milito
@properties Christie?s International Real Estate
Buyer's Agent
Connie Abels
RE/MAX Premier
List Price
$192,000
Sold Price
$185,000
Premium/Discount to List
-$7,000
-3.65%
Views
7
Current Estimated Value
$207,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,023
Avg. Annual Appreciation
3.90%

Purchase Details

Listed on
May 31, 2015
Closed on
Sep 30, 2015
Sold by
Vakhovsky Eugene
Bought by
Heidkamp Eugene Anthony
Seller's Agent
Val Vasilyev
Core Realty & Investments, Inc
Buyer's Agent
Randee Shapiro Simborg
Baird & Warner
List Price
$167,400
Sold Price
$167,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$164,367
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2009
Sold by
Ostrow David G
Bought by
Vakhovsky Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Ostrow David G
Bought by
David G Ostrow Trust

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bridgeview Bank Group
Bought by
Ostrow David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
6.2%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2006
Sold by
Stagliano Vito A and Stagliano Julie W
Bought by
Bridgeview Bank Group and Trust #13235

Purchase Details

Closed on
Mar 16, 2005
Sold by
Laabs Julie K
Bought by
Stagliano Vito A and Stagliano Julie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2000
Sold by
Bennett Helen T
Bought by
Laabs Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.03%
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
Fornango Douglas $185,000 None Listed On Document
Heidkamp Eugene Anthony $167,500 Chicago Title
Vakhovsky Eugene $145,000 Ticor Title Insurance Co
David G Ostrow Trust -- Chicago Title Insurance Co
Ostrow David G $204,000 Cti
Bridgeview Bank Group $199,000 Chicago Title Insurance Co
Stagliano Vito A $151,000 First American Title Ins Co
Laabs Julie K $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heidkamp Eugene Anthony $164,367
Previous Owner Vakhovsky Eugene $123,250
Previous Owner Ostrow David G $163,200
Previous Owner Stagliano Vito A $110,000
Previous Owner Laabs Julie K $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Sold $185,000 -3.6% --
11/23/2022 11/23/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $192,000 +14.7% --
10/02/2015 10/02/15 Sold $167,400 0.0% -- View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $167,400 -- --
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 $3,165 $18,337 $1,287 $17,050
2023 $1,819 $15,000 $1,083 $13,917
2022 $1,819 $15,000 $1,083 $13,917
2021 $1,206 $14,999 $1,082 $13,917
2020 $1,245 $14,558 $595 $13,963
2019 $1,241 $16,108 $595 $15,513
2018 $1,222 $16,108 $595 $15,513
2017 $1,163 $12,154 $517 $11,637
2016 $1,934 $12,154 $517 $11,637
2015 $1,746 $12,154 $517 $11,637
2014 $1,480 $10,545 $394 $10,151
2013 $1,440 $10,545 $394 $10,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11674853

Midwest Real Estate Data (MRED)

APN: 14-08-203-016-1272