5555 N Sheridan Road Unit #1612, Chicago, Illinois 60640

$234,900
2
BD
1
Full Bath
1,200
SqFt

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List Price
$234,900
MLS#
12735889
Status
ACTIVE
Type
Condo
Subtype
Residential
Bedrooms
2
Bathrooms
1
Living Area
1,200
County
Cook
City
Chicago
Neighborhood
Edgewater Beach
Building
Edgewater Beach Apts
Days On Market
6

Property Description

Welcome to the iconic Edgewater Beach Apartments, one of Chicago's most recognizable and beloved architectural landmarks, nestled in the heart of the historic Bryn Mawr District. Currently undergoing its first exterior repaint in more than 25 years, this nearly century-old building is being thoughtfully restored to its original "Sunset Pink" color, further elevating the beauty and prestige of this celebrated lakefront address. Offered for the first time in over 25 years, this exceptional residence reflects decades of pride in ownership. Meticulously maintained and lovingly cared for by the same owner, the home offers a rare opportunity to own a piece of Chicago history while preserving the timeless charm, warmth, and character that make residences in Edgewater Beach Apartments so special. This rarely available 16th-floor, east-facing residence offers something few units in the building can claim: unobstructed, panoramic views of Lake Michigan from nearly every room. Wake up each morning to breathtaking sunrises over the water and enjoy the ever-changing scenery that makes this one of the most desirable exposures in the entire building. Spanning approximately 1,200 square feet, the home features two generously sized bedrooms, a spacious kitchen with an oversized walk-in pantry, a large formal dining room perfect for entertaining, and wonderfully proportioned living spaces that showcase the craftsmanship and thoughtful design of a bygone era. Hardwood floors, abundant closet space, natural light, and classic architectural details create a home that feels both elegant and inviting. While exceptionally maintained throughout, the residence also presents an exciting opportunity for the next owner to personalize the space over time while enjoying its remarkable condition from day one. Edgewater Beach Apartments is renowned for offering one of the most comprehensive amenity packages on Chicago's lakefront, including 24-hour door staff, an indoor swimming pool, fitness center, library, arcade, ping-pong room, on-site dry cleaner, restaurant, and a beautifully landscaped private two-acre park and garden exclusively for residents. Garage parking is available for just $115 per month. Beyond the building, enjoy one of Chicago's most vibrant and walkable lakefront neighborhoods. Step outside your door and stroll to Foster Beach, Kathy Osterman Beach, Berger Park, the Lakefront Trail, and miles of shoreline along Lake Michigan. Grab your morning coffee at The Coffee Studio, Metropolis Coffee Company, or Heritage Outpost, meet friends for dinner at neighborhood favorites including Little Bad Wolf, Beard & Belly, Hopleaf, Moody's Pub, Francesca's Bryn Mawr, and Indie Cafe, or enjoy convenient shopping at Whole Foods, Mariano's, Jewel-Osco, and Edgewater Produce. Commuting is effortless with the CTA Red Line stations at Bryn Mawr, Berwyn, and Thorndale just blocks away, express bus service along Sheridan Road, and convenient access to Lake Shore Drive via Foster Avenue. This exceptionally well-managed co-op offers tremendous value with assessments that include property taxes, 24-hour door staff, heat, water, gas, internet, cable television, pool access, fitness facilities, and contributions to reserves. Financing is available with only 10percent down required. An additional benefit for the next owner is the building's current five-year tax moratorium, providing meaningful savings. Monthly assessments are based on $14.82 per share with 115 shares assigned to the unit. Please note that dogs are not permitted. Opportunities to own a high-floor, direct east-facing residence in the legendary Edgewater Beach Apartments are exceptionally rare. Combining breathtaking Lake Michigan views, timeless architecture, full-service amenities, and the enduring character of one of Chicago's most treasured residential buildings, this is a home that can be enjoyed for generations to come.

Additional Information

School District
299
Elementary School
Goudy Elementary School
High School
Senn High School
Subdivision
Edgewater Beach Apts
Corporate Limits
Chicago
Tax Year
2024
Tax Exemptions
Senior
Assessment Association Dues
1926
Frequency
Monthly
Year Built
1929
Exposure
North
Lot Dimensions
COMMON
Stories
19
Units
300
Garage Spaces
1
Parking Spaces
1
Parking Details
Asphalt, Yes, Detached, Garage
Pets Allowed
Yes
Common Area Amenities
Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Indoor Pool, Receiving Room, Restaurant, Service Elevator(s), Valet/Cleaner, Business Center, Elevator(s), Picnic Area, Private Indoor Pool, Security, Workshop Area
Air Conditioning
None
Heating
Steam, Radiator(s)
Sewer
Public Sewer
Interior Property Features
1st Floor Bedroom, 1st Floor Full Bath, Storage, Built-in Features, Doorman, Granite Counters, Lobby, Restaurant, Separate Dining Room, Shops
Full Baths
1

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