NOT LISTED FOR SALE

Beach Point Tower 5801 N Sheridan Rd Unit 16C Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $366,000 - $429,876

2 Beds
2 Baths
1,600 Sq Ft
$1,042/mo HOA Fee

Last Sold September 30, 2024

Last sale price $395,000 $247 Per Sq Ft

Current estimated payment $3,485/month

23 Days on Market

Highlights

  • Lake Front
  • End Unit
  • Forced Air Heating and Cooling System
  • Property is near a park
  • 1 Car Attached Garage
  • 4-minute walk to Park 517

About This Home

As of September 2024

Exquisite Mid-Century high rise building designed by Erwin G. Frederick. This 2 bedroom/2bath corner remodeled lakefront condo offers panoramic views of Lake Michigan. Modern kitchen with quartz countertops, high-end appliances and a built-in wine fridge. Spacious floor plan with modern white oak hardwood floors. Split bedroom floorplan with ensuite bathrooms. This unit has brand new fan coils for A/C and heat (installed in 2023), along with 4 smart thermostats. Located a few steps away from the Kathy Osterman beach and the start of the Lakefront trail. Ground level bike room available ($50 annual). Valet parking in the heated garage available for $190/month. CTA bus stop in front of the building and a short walk from the train station. No short term rentals. Strong building reserves. Coin laundry, party room, and on-site building engineer and property manager. Common patio and grilling area next to the beach. Assessment fees include heat, A/C, gas, internet, cable TV, water, and exterior maintenance. Broker Owned.

Last Agent to Sell the Property

Viviana Marin

Duarte Realty Company License #475212281 Listed on: 08/14/2024

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1956 | Remodeled in 2018

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $1,042 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Window Treatments

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 93 Units
  • Matthew Kinney Association, Phone Number (872) 260-4441
  • Property managed by Chicagoland Community Management
  • 20-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,364

Year Built

Built in 1956 | Remodeled in 2018

Lot Details

0

HOA Fees

$1,042 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
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 16
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: End Unit
  • Lot Features: Lake Front, Park Adjacent, Water View
  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1042
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Chicagoland Community Management
  • Management Contact Name: Matthew Kinney
  • Management Phone: 872-260-4441
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 4364.04
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 18, 2024
Sold by
Marin Viviana E and Carmona Raul J
Bought by
Aslp Investments Llc
Seller's Agent
Viviana Marin
Duarte Realty Company
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$410,000
Sold Price
$395,000
Premium/Discount to List
-$15,000
-3.66%
Views
28
Current Estimated Value
$393,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,281
Avg. Annual Appreciation
-0.28%

Purchase Details

Listed on
Oct 18, 2017
Closed on
May 4, 2018
Sold by
Sippel Cornelius
Bought by
Carmona Raul J and Marin Viviana E
Seller's Agent
Carol Levy
Alpha Omega Real Estate Services, Inc.
Buyer's Agent
Stephanie Cutter
Coldwell Banker Realty
List Price
$259,000
Sold Price
$247,500
Premium/Discount to List
-$11,500
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$235,125
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aslp Investments Llc $395,000 Doma Title Insurance Inc
Carmona Raul J $247,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmona Raul J $235,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $395,000 -3.7% $247 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $410,000 0.0% $256 / Sq Ft
11/10/2023 11/10/23 Rented $3,300 +0.8% --
10/05/2023 10/05/23 For Rent $3,275 0.0% --
05/04/2018 05/04/18 Sold $247,500 -4.4% -- View Prior Sale
04/06/2018 04/06/18 Pending -- -- --
10/18/2017 10/18/17 For Sale $259,000 -- --
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 $4,364 $31,501 $2,794 $28,707
2023 $4,233 $24,000 $2,247 $21,753
2022 $4,233 $24,000 $2,247 $21,753
2021 $4,156 $23,999 $2,246 $21,753
2020 $4,063 $18,237 $1,291 $16,946
2019 $4,054 $20,179 $1,291 $18,888
2018 $3,986 $20,179 $1,291 $18,888
2017 $3,363 $15,624 $1,123 $14,501
2016 $3,129 $15,624 $1,123 $14,501
2015 $2,863 $15,624 $1,123 $14,501
2014 $2,827 $15,239 $856 $14,383
2013 $2,772 $15,239 $856 $14,383
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2024

    Viviana Marin

    Duarte Realty Company

    (224) 277-1039

    2 in this area

    3 Total Sales

    Viviana Marin
    Section Image
  • Alexandre Stoykov

    Seller's Agent in 2023

    Alexandre Stoykov

    Compass

    (312) 593-3110

    14 in this area

    1,118 Total Sales

    Alexandre Stoykov
    Section Image
  • James Basile

    Seller Co-Listing Agent in 2023

    James Basile

    Compass

    (773) 428-4121

    6 Total Sales

    James Basile
    Section Image
  • Lucy Antanovich

    Buyer's Agent in 2023

    Lucy Antanovich

    Berkshire Hathaway HomeServices Chicago

    (773) 316-0208

    2 in this area

    24 Total Sales

    Lucy Antanovich
    Section Image

  • C

    Seller's Agent in 2018

    Carol Levy

    Alpha Omega Real Estate Services, Inc.

    29 Total Sales

    Carol Levy
    Section Image
See All Agents

About Beach Point Tower

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12132311

Midwest Real Estate Data (MRED)

APN: 14-05-403-022-1050

Illinois Cook County Chicago 60660 Edgewater

5801 N Sheridan Rd Unit 16C, Chicago, IL

Not Listed for Sale

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