OFF MARKET

Off market may 2022 for $440K

$625,353

•

2,000

sq ft

5055 N Sheridan Rd Unit 1N, Chicago, IL 60640

About this home

****MULTIPLE OFFERS RECEIVED HIGHEST AND BEST DUE MONDAY AT NOON****This is one of the largest units you will see, come check it out, you will not be disappointed. 3BR/2BA (2000 Sq ft) condo in Margate Park within walking distance to the lake. There is an extra large living room with a fireplace and an attached sun room that can double as an office. Newer kitchen that is decent size and stainless appliances including wide Thermador range perfect for the holiday cooking. Formal dining room can be used with a multiple different functions including dinner parties. Master bedroom is one of the biggest masters that you will see, will fit a California King. The third bedroom is off the kitchen and can be used as office space or for the in-laws. Large back deck for the summer months, where you can barbecue and drink some wine on a lazy summer night. 1 gated parking spot is included. This has enough space to be your forever home.

CondoProperty Type

1920Year Built

$313Est. Price/Sq.Ft.

1 spaceParking

Listed by Michael Gerhardt • RE/MAX NEXT

Listed by Robert Rohrback • RE/MAX NEXT

Bought with Leo Bui • Landmark Realtors

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11347229

Redfin Estimate

$625,353

$185K since sold in May 2022$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.2% higher than the average sale price ($583K) of 6 comparable homes.

SOLD AUG 17, 2026
$500,000
A
3 beds1.5 baths— sq ft
5114 N Kenmore Ave Unit 3S, Chicago, IL 60640
BOUGHT WITH REDFIN OCT 16, 2026
$570,000
B
3 beds2 baths1,800 sq ft
941 W Winona St Unit 1W, Chicago, IL 60640
SOLD AUG 24, 2026
$600,000
C
3 beds2 baths1,800 sq ft
1048 W Foster Ave Unit E, Chicago, IL 60640
SOLD JUL 1, 2026
$740,000
D
3 beds2 baths2,000 sq ft
5047 N Sheridan Rd Unit 2S, Chicago, IL 60640
SOLD JUL 21, 2026
$600,000
E
3 beds2 baths1,700 sq ft
1050 W Foster Ave Unit F, Chicago, IL 60640
SOLD SEP 22, 2026
$490,000
F
2 beds2 baths1,700 sq ft
940 W Carmen Ave Unit 3W, Chicago, IL 60640

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Earn from this home

Sell

$272,774

Est. take-home

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Rent

$2,420/mo

Redfin rental estimate

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Market trends in Margate Park, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.0%

+1.1% MoM

Median sale price

$185K

$25K MoM

Avg. days on market

70d

3 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 32 HRS AGO
$194,900
1 bed1 bath700 sq ft
5415 N Sheridan Rd #5415, Chicago, IL 60640
OPEN SUN, 11:30AM TO 1:30PM
$499,000
2 beds1 bath— sq ft
4512 N Beacon St Unit 2N, Chicago, IL 60640
$380,000
2 beds1.5 baths1,054 sq ft
1122 W Catalpa Ave #1015, Chicago, IL 60640
OPEN SUN, 10AM TO 1PM
$254,900
1 bed1 bath700 sq ft
5415 N Sheridan Rd #3514, Chicago, IL 60640
$534,900
3 beds1.5 baths1,600 sq ft
4419 N Racine Ave Unit 1S, Chicago, IL 60640
$595,000
3 beds2 baths1,583 sq ft
5300 N Ravenswood Ave Unit 1W, Chicago, IL 60640
$400,000
3 beds2 baths1,300 sq ft
5224 N Winthrop Ave Unit 1B, Chicago, IL 60640
$349,000
2 beds2 baths— sq ft
1122 W Catalpa Ave #606, Chicago, IL 60640
$299,900
1 bed1 bath700 sq ft
4715 N Racine Ave #502, Chicago, IL 60640
$299,999
2 beds2 baths1,250 sq ft
5415 N Sheridan Rd #3311, Chicago, IL 60640
See all

Provided by Redfin

Redfin agents who toured

Huge living room, big master bedroom, queen sized second bedroom, third bedroom more of a den/office, separate dining room.
10 years ago• May not reflect the current state of the home
Liam Murphy
Redfin Associate agent

Sale history for 5055 N Sheridan Rd Unit 1N

Date

Event

Price

MRED as Distributed by MLS Grid #11347229

May 23, 2022

Sold (MLS) (Closed)

$440,100

$220/sq ft

Mar 24, 2022

Contingent (Contingent - Continue to Show)

—

Mar 22, 2022

Listing Removed

—

Mar 14, 2022

Listed (Active)

$429,000

$215/sq ft

MRED as Distributed by MLS Grid #09592414

Jun 6, 2017

Sold (MLS) (Closed Sale)

$323,000

$162/sq ft

May 5, 2017

Pending

—

Apr 17, 2017

Contingent

—

Apr 12, 2017

Listed (New)

$319,900

$160/sq ft

* * * ESTATE SALE, SOLD AS-IS * * * Large 3BR/2BA (2000 Sq ft) condo in Margate Park close to the lake! HUGE open living room with adjacent sunroom, Recently remodeled kitchen with new cabinets, granite counter tops, and ss appliances. Both baths were also recently rehabbed. New engineered hardwood floors throughout, huge master bedroom and guest bedroom with great closet space and brand new carpet. 3rd bedroom can be used as office or den (has closet as well). Large back deck and 1 gated parking spot included! This unit needs a little TLC but. . 2nd floor unit just sold for $366K with same layout! Great deal for this condo!

MRED as Distributed by MLS Grid #08696579

Jan 26, 2015

Sold (MLS) (Closed Sale)

$275,000

$138/sq ft

Jan 12, 2015

Pending

—

Nov 29, 2014

Contingent

—

Oct 7, 2014

Price Changed

$279,900

$140/sq ft

Aug 8, 2014

Listed (New)

$299,900

$150/sq ft

MRED as Distributed by MLS Grid #08556904

Jul 17, 2014

Listing Removed

—

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 3, 2018.

RT-4

Residential Two-Flat, Townhouse and Multi-Unit District

The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service

Property details

Parking

Parking Information
# Of Cars: 1
# of Parking (Total): 1
Parking On-Site: Yes
Parking Features: Assigned, Off Alley
Parking: Space/s
Parking Ownership: Owned
Driveway: Concrete,Off Alley

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Room Information
Room Type: Sun Room
Level: Main
Dimensions: 11 x 09
Window Treatments: Curtains/Drapes
Flooring: Ceramic Tile

Room Information
Room Type: Foyer
Level: Main
Dimensions: 17 x 6
Window Treatments: None
Flooring: Hardwood

Room Information
Room Type: Deck
Level: Main
Dimensions: 11 x 08
Window Treatments: None
Flooring: Other

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 14 x 12
Window Treatments: None
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 9 x 7
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 19 x 13
Window Treatments: None
Flooring: Hardwood

Room Information
Room Type: Kitchen
Type: Eating Area-Table Space
Level: Main
Dimensions: 17 x 12
Window Treatments: None
Flooring: Hardwood

Room Information
Room Type: Living Room
Level: Main
Dimensions: 21 x 16
Window Treatments: None
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 16 x 15
Window Treatments: None
Flooring: Carpet
Bath: Full

Additional Rooms Information
Deck, Foyer, Sun Room
Dining Room: Separate
Basement Description: None

Interior Features
Interior Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
# of Rooms: 6

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Ceiling Fan(s)

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room
Fireplace Features: Wood Burning

Exterior

Exterior Features
Exterior Features: Deck, Storms/Screens

Building Information
# Of Units in Building: 8
Living Area Source: Estimated
Exterior Building Type: Brick
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Rubber
Foundation Details: Concrete Perimeter

Property Information
Property Type: Attached Single
Property Type: Condo
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 14084070291004

Lot Information
Dimensions: COMMON

Financial

Tax Information
Tax Annual Amount: $6,386.11
Tax Year: 2020

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Electric: Circuit Breakers, 200+ Amp Service

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Management: Self-Management
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Max Pet Weight: 35

Homeowners Association Information
Association Fee: $250
Association Fee Frequency: Monthly
Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency: Not Required
Association Amenities: Storage

School Information
Elementary School District: 299
Elementary School: Goudy Elementary School
Middle Or Junior School District: 299
Middle Or Junior School: Goudy Elementary School
High School District: 299
High School: Senn High School

Location Information
Unit Floor Level: 2
Subdivision Name: Margate Park
Township: North Chicago
Corporate Limits: Chicago
Directions: FOSTER TO SHERIDAN, SOUTH TO PROPERTY

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: —

Home facts updated by county records on Mar 3, 2018

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing, Negotiable

Around this home

Schools

K - 12
Preschool & daycare

Goudy Technology Academy

Public PreK-8 • Assigned • 0.2mi

6/10

Senn High School

Public 9-12 • Assigned • 1.1mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 13 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60640

Average low and high temperatures (°F)

30°

17°

38°

25°

54°

35°

60°

44°

66°

50°

80°

64°

85°

71°

81°

67°

77°

62°

65°

53°

51°

40°

37°

25°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$595,000 – $720,000

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Nearby similar homes

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New listings for sale in 60640

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54th floor • Downtown view • Indoor pool

OPEN SUN, 11:30AM TO 1:30PM3D WALKTHROUGH

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Ample closet space • Indoor outdoor pool • $780 HOA

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Home values near 5055 N Sheridan Rd Unit 1N

Data from public records.

Address	Redfin Estimate
5055 N Sheridan Road Unit 2N, Chicago, IL 2 Beds \| 2 Baths \| 2000 Sq. Ft.	$626,485
5053 N Sheridan Road Unit 1S, Chicago, IL 2 Beds \| 2 Baths \| 2000 Sq. Ft.	$615,836
5057 N Sheridan Road Unit 1S, Chicago, IL 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$595,150
5053 N Sheridan Road Unit 2S, Chicago, IL 2 Beds \| 2 Baths \| 2000 Sq. Ft.	$530,186
5049 N Sheridan Road Unit 2N, Chicago, IL 3 Beds \| 2 Baths \| 1850 Sq. Ft.	$623,466
5059 N Sheridan Road Unit 2, Chicago, IL 4 Beds \| 3 Baths \| 2500 Sq. Ft.	$783,502

Address	Redfin Estimate
5049 N Sheridan Road Unit 3N, Chicago, IL 3 Beds \| 2 Baths \| 2000 Sq. Ft.	$601,030
5047 N Sheridan Road Unit D, Chicago, IL 2 Beds \| 2 Baths \| 2500 Sq. Ft.	$655,638
5057 N Sheridan Road Unit 2S, Chicago, IL 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$676,216
5055 N Sheridan Road Unit 3N, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$534,377
5047 N Sheridan Road Unit 1S, Chicago, IL 3 Beds \| 2 Baths \| 2000 Sq. Ft.	$640,423
5047 N Sheridan Road Unit 3S, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$648,411

Address	Redfin Estimate
5053 N Sheridan Road, Chicago, IL - Beds \| - Baths \| 2000 Sq. Ft.	$584,252
5057 N Sheridan Road Unit 3S, Chicago, IL 3 Beds \| 2 Baths \| 1800 Sq. Ft.	$607,050
5047 N Sheridan Road Unit 35, Chicago, IL - Beds \| 2 Baths \| 2000 Sq. Ft.	$682,013
5047 N Sheridan Road Unit 2S, Chicago, IL 3 Beds \| 2 Baths \| 2000 Sq. Ft.	$766,924
5059 N Sheridan Road Unit 3, Chicago, IL 4 Beds \| 3 Baths \| - Sq. Ft.	$754,076

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Margate Park, IL

Redfin agents who toured

Sale history for 5055 N Sheridan Rd Unit 1N

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60640

Home values near 5055 N Sheridan Rd Unit 1N

More real estate resources