5415 N Sheridan Rd #307
Chicago, IL 60640

Studio condo in Park Tower with walk in closet and galley kitchen with newer cabinets. Steps from public transportation, lakefront parks, bicycle and jogging paths and beaches. The Park Tower was designed by Chicago architectural firm Solomon, Cordwell, Buenz and Associates. HOA requires owners live in the building 2 years prior to renting a condo. Building is a full amenity building with a rooftop garden on the second floor deck, a 24-hour doorman and security, Go Grocer, receiving room, dry cleaner, party room, parking garage. There is onsite management office, 24/7 maintenance staff, cable TV and high speed internet available in every unit. Fitness center with racquet ball courts, cardio equipment, weight room and an indoor/outdoor pool that is available all year round for additional fee. Heat, air & basic cable included in assessments. There is a Rental Restriction that a new owner must live in the Unit for a minimum of 2 years before being eligible to rent it out. Foster beach, lakefront trails for running and biking, all just outside the building. Minutes to Lake Shore Drive, easy access to 2 red line stops, express bus to Michigan avenue within minutes. Valet garage parking in building available for $140/month. High efficiency washer and dryer may be installed in the unit. This property is eligible under the Freddie Mac First Look Initiative through 2/12/2022. Only owner occupant, non-profit and Neighborhood Stabilization Program (NSP) offers will be reviewed and considered during First Look. Seller offering Buyer's Choice Incentive up to $5000 - limited to owner occupants. Terms and restrictions apply. Real estate taxes prorated 100%. Seller does not provide a survey. Buyer responsible for all transfer stamps. Property is sold in AS IS condition. Seller will not complete any repairs to the subject property, either lender or buyer requested. All offers need to be submitted through Auction site. Information not guaranteed. The sale will be subject to a Buyer's Premium, 5% of the winning bid or $2,500, whichever is greater and will be added to the winning bidder's offer amount to create the total purchase price; pursuant to the Auction Terms and Conditions (minimums may apply). This property is part of an online bidding event; please visit Auction to place bids. All auction bids will be processed subject to seller approval.