5415 N Sheridan Rd #307, Chicago, IL 60640
5415 N Sheridan Rd #307, Chicago, IL 60640
5415 N Sheridan Rd #307, Chicago, IL 60640
FORECLOSUREBANK OWNED

5415 N Sheridan Rd #307
Chicago, IL 60640

Edgewater

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Description

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.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$398/monthly
Price/Sqft
$168
Listed
81 days ago

Home Details for 5415 N Sheridan Rd #307

Active Status

MLS Status: Contingent

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 2Types of Rooms: Master Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 565 Square Feet
Appliances & Utilities
Laundry: Common Area
Heating & Cooling
Heating: Indv Controls,ZonedHas CoolingAir Conditioning: Central AirHas Heating
Fireplace & Spa
No Spa
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Number of Stories: 1

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Driveway (Asphalt, Circular)Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Garage Attached, Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 81

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Apartment, Single Family Residence
Building
Construction Materials: Steel Siding, Glass, ConcreteNot a New ConstructionNo Additional Parcels
Property Information
Condition: Age (51-60 Years)Parcel Number: 14082030171007

Price & Status

Price
Price Per Sqft: $168
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: ChicagoCommunity: Park Tower
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Agent Information

Listing Agent
MLS/Source ID: 11303981

HOA

HOA Fee Includes: Heat, Air Conditioning, Water, Insurance, Security, Doorman, Cable TV, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, InternetHOA Fee Frequency (second): AnnuallyHas an HOAHOA Fee: $398/Monthly

Listing Info

Special Conditions: Real Estate Owned

Tax Information

Annual Tax Amount: $1,603

Compensation

Buyer Agent Commission: 2.5%

Business

Business Information
Ownership: Condo

Miscellaneous

Zillow Contingency Status: Under Contract

Additional Information

HOA Amenities: Bike Room/Bike Trails,Door Person,Coin Laundry,Commissary,Elevator(s),Exercise Room,Storage,Health Club,On Site Manager/Engineer,Party Room,Sundeck,Indoor Pool,Receiving Room,Service Elevator(s),Valet/Cleaner,Spa/Hot TubMlg Can View
Last check for updates: about 12 hours ago
Listing Provided by: Mera Kordic
RE/MAX Premier
Source: MRED as distributed by MLS GRID, MLS#11303981
Also Listed on RE/MAX International.

Price History for 5415 N Sheridan Rd #307

Event DetailsPrice
07/19/2021
ListingRemoved
MRED as distributed by MLS GRID #10954784
$94K

03/29/2021
PriceChange
MRED as distributed by MLS GRID #10954784
$94K

12/16/2020
Listed For Sale
MRED as distributed by MLS GRID
$97K

07/13/2007
Sold
MRED as distributed by MLS GRID #06475280
$115K

12/26/2003
Sold
Public Records
$97K

08/06/1999
Sold
Public Records
$48.5K

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Property Taxes and Assessment

Year2019
Tax$1,600
Assessment$79,640
Home facts updated by county records

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
Based on information submitted to the MLS GRID as of 2022-05-26 12:49:45 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
5415 N Sheridan Rd #307, Chicago, IL 60640 is a studio, 1 bathroom, 565 sqft condo built in 1971. 5415 N Sheridan Rd #307 is located in Edgewater, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 6, 2022. The MLS # for this home is MLS# 11303981.