Dreaming of the Beach: A 2-Bedroom Townhouse at 5747 N. Sheridan in Edgewater
Given the blizzard, who isn’t dreaming of the beach right now?
This 2-bedroom townhouse at 5747 N. Sheridan in Edgewater has direct beach and bike trail access.
While the listing says it “needs updating,” the townhouse has skylights, a private roof deck and a 2-car garage.
One bedroom is on the top floor with the second on the second floor.
The townhouse has central air.
It has been reduced $144,000 since it was first listed in July 2008.
The property is now listed $70,999 under the 2001 purchase price.
Is this a deal?
Jennifer Ames at Coldwell Banker has the listing. See the pictures here.
Unit #E: 2 bedrooms, 2 baths, 1700 square feet, 2 car garage
- Sold in February 1989 for $106,000
- Sold in May 1990 for $157,000
- Sold in June 1992 for $169,000
- Sold in August 1998 for $250,000
- Sold in August 2001 for $365,999
- Originally listed in July 2008 for $439,000
- Was listed in April 2010 for $349,000
- Reduced
- Currently listed for $295,000
- Assessments of $556 a month (includes cable)
- Taxes of $4614
- Central Air
- Bedroom #1: 22×17 (third floor)
- Bedroom #2: 11×17 (second floor)
- Family room: 11×17 (second floor)
- Private roof top deck: 16×17
Those assessments are a joke. If this was fee simple it would have gone for ask at the height of the bubble.
Not a typical Jennifer Ames listing.
I like kooky spaces. That’s pretty fun. What’s the view out the windows with blinds? It seems from the description the only view is from the rooftop deck.
This place does have kooky spaces. That triangle atrium is odd.
People are going by in Wicker Park on cross country skis at the moment. I just saw a Jeep Cherokee beach on a snow drift trying to turn onto a side street. The plows are trying just not keeping up.
Someone posted this place in the comments fairly recently.
I like it but yes the assessments don’t do it any favors.
It is an odd shaped property. Not sure in a good way though : )
I’m currently stuck in warm, sunny Phoenix. My flight to Midway has been cancelled, and I’m not sure when I can get back.
The thing about these townhouses is that only the two eastern-most units have lake views. The rest of the townhouses just face each other in the courtyard.
thanks for the heads up danny
Oddly enough I like this place. The assessments clearly show that owners in the past were getting a deal, and robbing the association of proper payments. Even still, I like this joint at this price.
lucky you danny. Enjoy it!
if i was unhappy with my current place I would consider this place as a rental at 1600
Swill, I would think $1600 would be on a light side. Maybe $1800… considering free cable and 2 parking spots.
How much for the end units?
Good point about the parking 1600 would still be my top, but they might get 1800.
Brutal assessments, no way they should be over $300 for this place. I actually like the space and location.
When leaving the garage it is almost impossible to make a left-hand turn onto Sheridan to get to LSD. Depending on the location in the complex, the other owners walk through your patio to get to the beach. Like Danny said non-end units face each other with no lake frontage. Weird layout, buy a condo instead.
kc08: “Weird layout, buy a condo instead.”
I wish their was a nice condo tower on Hollywood beach. Even a generic Miesean steel and black glass highrise. All of the existing buildings look like crap and really show their age.
The whole thing feels like a basement.
2 stories, both duplex-down, as it were.
meh.