Chicago, IL 60640,5415 N Sheridan RD #307
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Chicago, IL 60640,5415 N Sheridan RD #307
Chicago, IL 60640,5415 N Sheridan RD #307
Chicago, IL 60640,5415 N Sheridan RD #307
Chicago, IL 60640,5415 N Sheridan RD #307

$81,375

Est. payment /mo

$94,900

14.3%
Est.Price: ?

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5415 N Sheridan RD #307 Chicago, IL 60640

1 Bath

565 SqFt

SOLD DATE : 06/28/2022

Key Details

Sold Price $81,375

Property Type Condo

Sub Type Condo,High Rise (7+ Stories),Studio

Listing Status Sold

Purchase Type For Sale

Square Footage 565 sqft

Price per Sqft $144

Subdivision Park Tower

MLS Listing ID 11303981

Sold Date 06/28/22

Full Baths 1

HOA Fees $398/mo

Rental Info No

Year Built 1971

Annual Tax Amount $1,603

Tax Year 2020

Lot Dimensions COMMON

Property 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.

Location

State IL

County Cook

Area Chi - Edgewater

Rooms

Basement None

Interior

Interior Features Storage

Heating Indv Controls, Zoned

Cooling Central Air

Equipment TV-Cable

Fireplace N

Laundry Common Area

Exterior

Parking Features Attached

Garage Spaces 1.0

Amenities Available 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 Tub

Building

Lot Description Common Grounds, Landscaped, Park Adjacent

Story 1

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include Heat, Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Ownership Condo

Special Listing Condition REO/Lender Owned

Pets Description No

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Midwest Real Estate Data (MRED) IDX
Listed by Mera Kordic • RE/MAX Premier
Bought with Erin Booker • Compass

Laurie Field

Real Estate Advisor

+1(312) 504-7010

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