NOT LISTED FOR SALE

The Statesman 5601 N Sheridan Rd Unit 10E Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $260,000 - $304,584

2 Beds
2 Baths
1,300 Sq Ft
0.28 Acres Lot

Sale Details

Date Sold: October 13, 2022

Last sale price $227,500 $175 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,801 / mo

31 Days on Market

Highlights

  • Waterfront
  • 4-minute walk to Bryn Mawr Station
  • Sundeck
  • Lock-and-Leave Community
  • Party Room
  • 2-minute walk to Edgewater Dog Park

About This Home

As of October 2022

SUN-FILLED 2 bedroom, 2 bath 1,300 SF condo with GORGEOUS LAKE VIEWS at the Statesman in phenomenal Edgewater location along the lakefront, moments from Kathy Osterman beach! Huge living/dining features spectacular East-facing lake views, leading to 20 foot long balcony that's accessible from both the living room and primary bedroom. Form and function combine in the kitchen with granite counters, plenty of cabinetry and perfectly planned storage/coat closet adjacent. The spacious primary bedroom has wall of windows and attached ensuite bath with tub/shower combo. The second spacious bedroom easily access the second full bath. Newer carpet and fresh paint! This well-managed building features a huge sundeck with firepit and bbq grills, onsite engineer, bike room and additional storage. Assessments include heat, air conditioning and cable! FANTASTIC LOCATION moments from the beach and lakefront trail and parks, Lake Shore Drive, CTA Bryn Mawr Red Line station, express buses at your doorstep. Enjoy wonderful restaurants, shopping and entertainment - quick trips to Whole Foods and Mariano's, Starbucks and PHlour bakery. Pet friendly and rental parking available in attached heated garage!

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 08/08/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Ellen Baren

@properties Christie's International Real Estate License #475149484

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1966 | Remodeled in 2003

Lot Details

  • 0.28

HOA Fees

  • $918 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Schools

  • Swift Elementary School Specialt
  • Senn High School

Utilities

  • Central Air
  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Waterfront

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 90 Units
  • Matt Association, Phone Number (312) 944-2611
  • High-Rise Community
  • Property managed by ASSOCIA OF CHICAGOLAND
  • Lock-and-Leave Community
  • 21-Story Property

Amenities

  • Sundeck
  • Building Patio
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,306

Year Built

Built in 1966 | Remodeled in 2003

Lot Details

0.28 Acres

HOA Fees

$918 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)
  • Year Built: 1966
  • 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): Yes
  • Unit Floor Level: 10
  • Rehab Year: 2003
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 21
  • Year Renovated: 2003

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Range Hood, Electric Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1300
  • Other Equipment: TV-Cable, Ceiling Fan(s)
  • Room Type: Foyer, Balcony/Porch/Lanai
  • Stories Total: 21
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Units - 3+, Other
  • Electric: Circuit Breakers
  • Heating: Electric, Other
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 918
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Laundry, High Speed Conn., Intercom, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: ASSOCIA OF CHICAGOLAND
  • Management Contact Name: MATT
  • Management Phone: 312-944-2611
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Swift Elementary School Specialt
  • High School: Senn High School
  • Middle/Junior School: Swift Elementary School Specialt

Lot Info

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

Rental Info

  • Lease Amount: 175
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 3305.81
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 90

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Bought by
Current Estimated Value
$279,396

Purchase Details

Listed on
Aug 8, 2022
Closed on
Oct 4, 2022
Sold by
Bought by
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Ellen Baren
@properties Christie's International Real Estate
List Price
$235,000
Sold Price
$227,500
Premium/Discount to List
-$7,500
-3.19%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.26%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$227,500 Proper Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $72,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $227,500 -3.2% $175 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $235,000 -- $181 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,431 $24,818 $1,703 $23,115
2024 $4,431 $24,818 $1,703 $23,115
2023 $3,616 $21,001 $1,370 $19,631
2022 $3,616 $21,001 $1,370 $19,631
2021 $3,553 $20,999 $1,369 $19,630
2020 $3,306 $17,942 $787 $17,155
2019 $3,299 $19,852 $787 $19,065
2018 $3,243 $19,852 $787 $19,065
2017 $2,414 $14,588 $684 $13,904
2016 $2,422 $14,588 $684 $13,904
2015 $2,193 $14,588 $684 $13,904
2014 $2,059 $13,668 $522 $13,146
2013 $2,008 $13,668 $522 $13,146
Source: Public Records

Agents Affiliated with this Home

  • Leigh Marcus

    Seller's Agent in 2022

    Leigh Marcus

    @ Properties

    (773) 645-0686

    5 in this area

    989 Total Sales

    Leigh Marcus
    Section Image
  • Ellen Baren

    Buyer's Agent in 2022

    Ellen Baren

    @ Properties

    (312) 804-1049

    9 in this area

    63 Total Sales

    Ellen Baren
    Section Image
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About The Statesman

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11486408

Midwest Real Estate Data (MRED)

APN: 14-05-411-012-1079

Illinois Cook County Chicago 60640 Edgewater

5601 N Sheridan Rd Unit 10E, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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