Condominium on the Lake 6157 N Sheridan Rd Unit 3M Chicago, IL 60660
Edgewater NeighborhoodEstimated payment $2,039/month
Highlights
- Very Popular Property
- 4-minute walk to Granville Station
- Waterfront
- Doorman
- Fitness Center
- 1-minute walk to Park No. 559
About This Home
Get a Taste of the Lake Life in the Big City at the El Lago Condominium! Located in the Highly Desirable Neighborhood of Edgewater. This Spacious 1 Bedroom Condo(with ability of 2nd bedroom added via contract quote)has So Much to Offer! Unit Features Wood Floors in the Main Living Areas, Generously Sized Master Bedroom & oversized living room overlooking the Private Balcony with City and Lake views! Perfectly Located Near the Red Line Train, Bus Stops, Dining, Shopping and Lake Michigan! Building has a Healthy Association and Offers an Exercise Facility, Community Room and Roof-Top Deck Overlooking Lake Michigan with stunning views. Perfect for Relaxing or Entertaining! Great building community activities every weekend if you're looking to stay busy or head to the restaurant on the beach just steps away. Rentals are allowed. This building does not have any deeded/owned parking. Building leases indoor and outdoor parking spots of nominal monthly fee ample parking can be found on the side streets and nearby building also leases parking spaces. Once the unit has taken possession, they can request to go on a waitlist with a $50 deposit. Uncover deck parking. $160, Covered outside deck $185, Garage $180, Garage Tandem $290, Motorcycle $70. 2025 Budget shows very healthy reserves. The building is not FHA approved. Each unit will have 1 5 x 7 storage locker. Bike spaces are first come first serve $6 per month per space. No rental cap.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,165
Year Built
- Built in 1963
HOA Fees
- $662 Monthly HOA Fees
Parking
- Driveway
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Accessible Home Design
- Accessibility Features
- Entry Slope Less Than 1 Foot
Schools
- Disney Ii Elementary Magnet Scho
- Swift Elementary School Specialt Middle School
- Senn High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Additional Features
- Waterfront
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 248 Units
- Manager Association, Phone Number (773) 761-6157
- High-Rise Condominium
- El Lago Subdivision
- Property managed by El Lago Management Office
- 25-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
Recreation
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Map
About Condominium on the Lake
Home Values in the Area
Average Home Value in this Area
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 | $17,560 | $1,407 | $16,153 |
| 2023 | $3,085 | $15,000 | $1,131 | $13,869 |
| 2022 | $3,085 | $15,000 | $1,131 | $13,869 |
| 2021 | $3,016 | $14,999 | $1,131 | $13,868 |
| 2020 | $2,901 | $13,022 | $650 | $12,372 |
| 2019 | $2,895 | $14,408 | $650 | $13,758 |
| 2018 | $2,846 | $14,408 | $650 | $13,758 |
| 2017 | $2,298 | $10,675 | $565 | $10,110 |
| 2016 | $2,138 | $10,675 | $565 | $10,110 |
| 2015 | $1,956 | $10,675 | $565 | $10,110 |
| 2014 | $1,828 | $9,851 | $431 | $9,420 |
| 2013 | $1,792 | $9,851 | $431 | $9,420 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | For Sale | $209,000 | +104.9% | $209 / Sq Ft |
| 01/30/2012 01/30/12 | Sold | $102,000 | -8.5% | $100 / Sq Ft |
| 12/07/2011 12/07/11 | Pending | -- | -- | -- |
| 09/29/2011 09/29/11 | Price Changed | $111,500 | -2.6% | $110 / Sq Ft |
| 08/03/2011 08/03/11 | For Sale | $114,500 | -- | $113 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $102,000 | Pntn | |
| Warranty Deed | $62,000 | Law Title Insurance Co Inc | |
| Trustee Deed | $35,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $99,414 | FHA | |
| Previous Owner | $67,000 | Unknown | |
| Previous Owner | $60,300 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12466050
APN: 14-05-211-024-1016
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