3-Bedroom on the Beach with Lake Views for $650,000: 5733 N. Sheridan Rd in Edgewater
This 3-bedroom in the Horizon House at 5733 N. Sheridan Road in Edgewater came on the market in September 2025.
Built in 1967, Horizon House has 112 units and attached garage parking. It runs parallel to the Lake and has direct access to Kathy Osterman Beach/Hollywood Beach and the Lakefront trail.
It’s a full amenity building with 24/7 door staff, on-site engineering, a rooftop pool, and 2 fitness rooms.
The listing says this is a “rarely available” D-Tier unit which has been “updated” with a bold designer touch.
The living/dining/kitchen area looks east over the Lake and the beach. This has sunrise views.
The three bedrooms are on the opposite side of the unit and face west, with city views, where you get the sunsets.
There are dark hardwood floors throughout.
The kitchen has modern glossy white cabinets, a waterfall edge island which seats two, stainless steel appliances and a “statement” backsplash.
The primary bedroom is en suite with a walk-in-shower.
The unit also has an oversized covered balcony with a retractable screen which the listing says “serves as an outdoor living room.” It has a ceiling fan, lush plants and is large enough at 20×8 to fit an outdoor couch and chairs.
This unit has the features buyers look for including a full size stackable washer/dryer in the unit along with a utility sink, attached leased garage parking and air conditioning from wall units. There’s no central air.
In addition to being on the beach and the Lakefront trail, it is blocks from Mariano’s, Whole Foods, the Red Line and the shops and restaurants of Edgewater and Andersonville. Several bus lines also stop on Sheridan, in front of the building.
Listed in September 2025 at $650,000, is this a deal for resort-style living on the Lake?
Ivona Kutermankiewicz has the listing. See the pictures here. There’s no floor plan but there’s one in the 2016 listing.
Unit #28D: 3 bedrooms, 2 baths, 2000 square feet
- Originally sold before 1991
- Sold in June 2016 for $490,000
- Currently listed at $650,000
- Assessments of $1800 a month (includes doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $8,361
- No central air (wall units for heat and a/c)
- Full size stackable washer/dryer in the unit with utility sink
- Garage parking is leased in the building
- Bedroom #1: 17×17
- Bedroom #2: 14×13
- Bedroom #3: 17×11
- Foyer: 20×7
- Kitchen: 14×13
- Living room: 21×18
- Dining room: 14×14
- Balcony: 20×8
Taxes and Assessments are $2500/mo. Something tells me that $650K for a unit in this building at this location is some kind of high water mark. Not for me. Anyone know if buildings on this side of Sheridan this far north are having foundation issues? Someone I know x-out this entire area from their search for a variety of reasons but they mentioned foundation issues and I am curious if anyone knows if that is true.
“Something tells me that $650K for a unit in this building at this location is some kind of high water mark.”
Another 3-bedroom with this same floor plan recently sold for $610,000.
These are all mostly older buildings so buyers should do their due diligence of the Board minutes, special assessments and reserves.
But I LOVE this area. No Lake Shore Drive noise or pollution. Direct access to the lake front. Near shops and restaurants. Some good express bus lines.
“Something tells me that $650K for a unit in this building at this location is some kind of high water mark.”
It’s not even the high water mark for *this exact unit*:
June 2016 for $490,000 + CPI = $658k.
Per the Redfin info, it would be the highest nominal price for a single unit. This combined unit (~3000+ sf) sold for $745k (+cpi = $815) in Jul-22.
And they redid both bathrooms (I don’t like the before OR the after, but the finishes are newer so still a plus, imo).
Forgot the link to the combined unit:
https://www.redfin.com/IL/Chicago/5733-N-Sheridan-Rd-60660/unit-10BC/home/179461471
“Per the Redfin info, it would be the highest nominal price for a single unit. This combined unit (~3000+ sf) sold for $745k (+cpi = $815) in Jul-22.”
Prices are rising all over the city. So, yes, some unit in each of these buildings is now going to be the “high water mark” in that building. And that will go on for the next few years.
This isn’t your mother’s housing market anymore. Inventory is WAY too low and there are too many cash offers that don’t need appraisals.
Sit it out. Let it crash. It will be time to buy when agents start advertising Bucktown within its original boundaries (N of Armitage, W of Damen, E of Western, S of Fullerton), like God intended.
I have a friend who lives in this stretch of Sheridan (was on the board for quite a while) and he mentioned that due to FEMA changes the insurance along here was drastically rising, which might be what people were thinking of. He thought that the insurance requirements might break some of the buildings with smaller, more affordable units.
I personally wouldn’t want direct lake frontage due to the changeability of the lake levels and erosion, plus Sheridan is a PITA for getting in/out of driveways.
“like God intended.”
God spoke to me…through ChatGPT. Here is what he said:
North: Fullerton Ave
South: North Ave — some people use Bloomingdale Ave/The 606 instead
West: Western Ave
East: North Branch of the Chicago River (or the Kennedy/Elston corridor)
If theology was a large language model, Gary, you’d be right.
But it isn’t.
You’ve gotten the word according to Jim Baker, Jimmy Swaggert, and whoever inspired Elmer Gantry.
Your borders are the 900 foot Jesus of the real thing. I guess that makes ChatGPT the Oral Roberts of real estate.