A 1-Bedroom “City Dweller’s Paradise” at 5415 N. Sheridan in Edgewater
This 1-bedroom in Park Tower at 5415 N. Sheridan in Edgewater came on the market in November 2021.
I thought I had a picture of this building, but apparently I don’t. I’ll have to get one when the weather improves.
The Park Tower was built in 1973 and has 734 units and attached garage parking.
In the early 1970s, tall buildings with amenities were “in” as Park Tower has some commercial space on the low floors, a grocery store and dry cleaners, a garden on the second floor, a 2 stage gym with cardio and weights, an indoor pool, a racquetball court, party room, and sundeck.
It has 24-hour door staff.
This unit is on the 54th floor with north views which is high enough to clear all the other buildings and includes some lake views.
There are hardwood floors.
The kitchen, which has been opened to the living room space, has white cabinets, granite counter tops and stainless steel appliances.
There is a living/dining room combination.
The unit has a walk-in-closet and the listing says an “in-unit laundry is possible.”
The listing also says there is a “solid association, no special assessments.”
Garage parking is leased.
Heat and air conditioning is included in the assessment.
This building is across from Edgewater Beach and the listing says it is “steps to the Mariano’s and Jewel.” It calls the unit a “city dweller’s paradise.”
Thinking about buying it as an investment unit? The listing says that rentals are allowed after 2 years of residency.
Originally listed in November 2021 for $195,000, it has been reduced $20,000 to $175,000.
It sold in 2019 for $160,000.
If you love views, is this unit a deal?
Santiago Valdez and Elizabeth Pyle at Compass have the listing. See the pictures and floor plan here.
Unit #5409: 1 bedroom, 1 bath, no square footage listed
- Sold in August 1989 for $44,000
- Sold in January 2017 for $134,500
- Sold in February 2019 for $160,000
- Originally listed in November 2021 for $195,000
- Reduced
- Currently listed at $175,000
- Assessments of $580 a month (includes heat, a/c, doorman, cable, clubhouse, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $2543
- Central Air
- No in-unit washer/dryer but listing said it’s “possible” – laundry room in the building
- Bedroom: 10×17
- Living/dining room: 12×21
- Kitchen: 7×10
- Walk-in-closet: 4×5
- Foyer: 4×10