![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiT3Hz5-dGCQGJ1B6wlMlYGIkmK49g-jhtZHwpsj-kqx6v8CKPeJYrahyphenhyphenxZ16UCjFyEX2U1eiZZuN7HTudyazp65t70cdzpDfr2nZRqmtDlxBJIBY2gkbg7bQemuW_p2_M9luBEjA/s400/IMG_3006.JPG) |
You've seen it! You love it! Edgewater Beach Apartments (EBA) building at 5555 N Sheridan Road, Chicago IL 60640 (all photos Eric Rojas, Broker, Kale Realty unless otherwise noted). |
Congrats to our buyer clients on their purchase of
5555 N Sheridan Road Unit #1608 in iconic Edgewater Beach Apartments co-op on Thursday The large two bedrooms, one bath vintage unit was a
steal at $125,000. Our out-of-state buyers intend to use the home as an "in town". This bright home will shine after floors are refinished and a good paint job. The assessment is $949/ month which includes everything (Heat, Water, Gas,
Property Tax, Common Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool). The lakeside grounds, on-site maintenance, retail offerings and building amenities have you covered!
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The bright living room and dining rooms need some love. The huge apartment has formal rooms and many original details. Photo Eldorrado Chicago Real Estate |
The co-op purchase is much different than buying a condo in many ways. Namely
you are buying shares of the cooperative. Applications must be submitted and co-op board may interview and reject potential purchasers. Prospective purchaser's finances are greatly scrutinized and minimum down payments (or cash deals) can be required.
Here's a basic comparison of condo vs co-op.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNwTvEienmytRqoq5StoSj_w8yeDErw0MvDLE0x7YxYUJ-l1qypYLH38Iiycqu4s7XoE5m6Cn-6vNV0ewc25fRE3ETbELFv3-TEFyHcOY7hMR-IS6GUMMxENqMPI0LXnO2T7-sAQ/s400/20180201_141412.jpg) |
Great west views from the unit (lake views will cost you more!) |
The Bryn Mawr Historic District and surrounding blocks offer dozens of shops, cafes and restaurants like Starbucks,
Francesca's Bryn Mawr outside your door. Mariano's grocery store is a few blocks down on North Sheridan and the building is adjacent to lakefront paths and the beach. The
CTA Red Line stop at Bryn Mawr is a couple blocks from the Edgewater Beach Apartments. The buyers will "car-less" when visiting their city home!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgRkS-zSkNRf9xjcSxCMfh0LPzLp8TSnFyEUPaZNdIgGKAZ-lJlxtblFM2PEFoyP2MZJHfjNscKF1IrM_FSmd9QxEmRkkR2QoPbvGJj6mBeOhsBtpkgx6wwneMXc1a88pUIq2WvzA/s400/20180201_142154.jpg) |
EBA's huge swimming pool and room built for a Wes Anderson movie! The pool restrooms, shower and locker room area have been renovated not too long ago. |
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKTAOTVjyQAurmbn0oPDHlRqpYSuxNSxX7OR5Mabltl-WdtLYPiJxdHbCxUDwqp21dr1kkZpz10SkkNqVaXCejTiDB_TYaAV0bph6wcSPNcQwomEAZEie38r9mO0FcKiwPbtpbEA/s400/20180201_134124.jpg) |
Client Mark with real estate attorney Kent Novit. |
18 apartments have sold in the last 12 months at Edgewater Beach Apartments. Prices range from $82,500 for a studio apartment to $425,000 for an updated 2000 sq/ft three beds, two and one-half baths home. The design of the building, views and various updates make each apartment home truly unique!
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