Estimated payment $2,134/month
Highlights
- Doorman
- 5-minute walk to Thorndale Station
- Waterfront
- Steam Room
- Fitness Center
- 2-minute walk to Park 517
About This Home
Your Lakefront Home Awaits at The Malibu! Welcome to a premier high-rise in the heart of Edgewater, perfectly positioned along the shores of Lake Michigan. Live just steps from the beach and lakefront path in this spacious, sun-filled residence featuring an expansive open living and dining area and a large private balcony showcasing breathtaking lake and city views. This oversized unit offers a highly functional layout with generous room dimensions, abundant natural light, and exceptional renovation potential. Whether you're a first-time buyer, investor, or looking to customize your ideal lakefront home, this property offers outstanding value and equity upside. A major capital improvement has already been completed: brand-new windows installed in December 2025 (approximately $20,600 investment) - providing enhanced energy efficiency and long-term savings. The generous primary bedroom includes a walk-in closet, with additional storage throughout plus a full-size assigned storage unit in the building. The Malibu delivers full-service amenities including: * 24/7 door staff and security * Outdoor pool and sun deck * Fitness center and sauna * Party room * On-site dry cleaners * Bike room * Valet parking * Amazon Hub package system * Newly renovated lobby coming soon Located just steps from Mariano's, Whole Foods, public transportation, beaches, and countless restaurants and shops, this is a rare opportunity to own in one of Chicago's most desirable lakefront communities. Priced to sell - bring your vision and make this lakefront home your own.
Listing Agent
@properties Christie's International Real Estate License #475171290 Listed on: 02/18/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,898
Year Built
- Built in 1969
HOA Fees
- $650 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Leased Parking
- Heated Garage
- Parking Available
Home Design
- Entry on the 26th floor
- Brick Exterior Construction
Interior Spaces
- 1,001 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Additional Features
- Waterfront
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, lake rights, internet
- 356 Units
- Atica Kalamperovic Association, Phone Number (773) 334-3313
- Property managed by Chicagoland Community Management
- 39-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Sauna
- Party Room
- Coin Laundry
- Elevator
- Package Room
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
About Malibu Condominiums
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 |
|---|---|---|---|---|
| 2025 | $3,238 | $22,696 | $1,133 | $21,563 |
| 2024 | $3,238 | $22,696 | $1,133 | $21,563 |
| 2023 | $3,135 | $18,664 | $619 | $18,045 |
| 2022 | $3,135 | $18,664 | $619 | $18,045 |
| 2021 | $3,083 | $18,662 | $618 | $18,044 |
| 2020 | $2,456 | $14,125 | $523 | $13,602 |
| 2019 | $2,451 | $15,629 | $523 | $15,106 |
| 2018 | $2,409 | $15,629 | $523 | $15,106 |
| 2017 | $2,149 | $13,360 | $454 | $12,906 |
| 2016 | $2,176 | $13,360 | $454 | $12,906 |
| 2015 | $1,967 | $13,360 | $454 | $12,906 |
| 2014 | $1,794 | $12,235 | $346 | $11,889 |
| 2013 | $1,747 | $12,235 | $346 | $11,889 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $224,900 | +84.3% | $225 / Sq Ft | |
| 09/09/2013 09/09/13 | Sold | $122,000 | -9.6% | $122 / Sq Ft | View Prior Sale |
| 07/24/2013 07/24/13 | Pending | -- | -- | -- | |
| 07/08/2013 07/08/13 | Price Changed | $135,000 | -2.9% | $135 / Sq Ft | |
| 06/05/2013 06/05/13 | For Sale | $139,000 | 0.0% | $139 / Sq Ft | |
| 05/28/2013 05/28/13 | Pending | -- | -- | -- | |
| 05/12/2013 05/12/13 | For Sale | $139,000 | -- | $139 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $122,000 | Multiple | |
| Trustee Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $109,800 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12492521
APN: 14-05-215-015-1224
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Ask me questions while you tour the home.