Seventh floor 1-bedroom residence with striking city and lake views, offering incredible light and an open, airy feel throughout. The layout maximizes space with a large living area, well-positioned kitchen, and excellent storage. Whether you're looking for a primary residence or an investment, this unit presents a strong combination of livability and long-term value. Set within Hollywood Towers, a well-established lakefront building known for its full amenities and strong management. Enjoy direct access to the beach, nearby parks, and scenic trails just outside your door. Monthly assessments cover key utilities, and the building allows rentals-making this a versatile and appealing opportunity in Edgewater.
Edgewater Beach, located between Foster Avenue and Hollywood Avenue, is a lakefront and residential Chicago neighborhood with a historic high-rise skyline and a broad stretch of shoreline. The neighborhood’s character concentrates around Broadway and Berwyn Avenue, where indie cafes, global eateries, and small storefronts keep the sidewalks busy. The Bryn Mawr Historic District adds early 20th-century courtyard buildings and brick walk-ups to the streetscape. The lakefront edge centers on Berger Park and the waterfront paths near the former Edgewater Beach Hotel site. The Green Mill anchors nearby nights with jazz history, while the Aragon Ballroom and Riviera Theatre draw marquee shows. Transit nodes at Bryn Mawr and Berwyn tie the grid to the rest of the city.
Provided by Walk Score and Local Logic
Offer insights
5701 N Sheridan Rd Unit 7E · $179,000
$179K and above
75% chance or better to win
Why $179K+ is a strong offer
DAYS ON MARKET
187 days
The average home goes pending in 51 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Four total rooms
Bedrooms
One bedroom (master bedroom on main level)
Additional rooms listed as Bedroom 2, Bedroom 3, Bedroom 4 (units/rooms indicated in building data)
Bathrooms
One full bathroom
Kitchen
Range
Cooktop
Microwave
Dishwasher
Refrigerator
Laundry & utility
Laundry room
Flooring
Carpet in living areas, dining room, family room, and bedrooms
Marble flooring in kitchen and foyer
Heating & cooling
Individual heating controls
Central air conditioning
Exterior features
Common lot/parcel maintained by builder
Commuter bus access
NE corner of Sheridan and Hollywood/LSD location
Home design
Attached single condo
Entry located on level 7
Condo ownership
Unit is currently leased
Parking
Building amenities include service elevator(s) and receiving room (parking specifics not provided)
Security
Doorman / door person
Security door locks
Construction
Brick, glass and concrete construction
Building age: approximately 61–70 years
Built before 1978
Utilities
Water from Lake Michigan and public supply
Public sewer
Electric with circuit breakers
HOA & community
Monthly association fee of $526
Association fee covers heat, air conditioning, water, insurance, doorman, TV/cable, exterior maintenance, lawn care, scavenger, snow removal and internet
On-site manager
Amenities include bike room/trails, coin laundry, commissary, exercise room, storage, on-site manager/engineer, party room, receiving room, security door locks, service elevator(s)
Financial info
Special Service Area: No
Other
Maximum pet weight allowed listed (policies allow cats; pets permitted)
Manager on-site
Possession at closing
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5701 N Sheridan Rd Unit 7E
Sale History
Tax History
Date
Event
Price
MRED as Distributed by MLS Grid #12607987
Aug 12, 2026
Price Changed
$179,000
$211/sq ft
Aug 4, 2026
Relisted (Active)
—
Jul 4, 2026
Contingent (Contingent - No Showings)
—
May 22, 2026
Price Changed
$189,000
$222/sq ft
Apr 3, 2026
Listed (Active)
$199,000
$234/sq ft
Public Records
Oct 6, 2016
Sold
$125,500
$148/sq ft
MRED as Distributed by MLS Grid #09292656
Sep 23, 2016
Sold (MLS) (Closed Sale)
$125,125
$147/sq ft
Aug 10, 2016
Pending
—
Jul 24, 2016
Contingent
—
Jul 20, 2016
Listed (New)
$129,900
$153/sq ft
+8
SUNNY, CLEAN & SPACIOUS 1 bedroom with a GREAT BEACH & LAKE VIEWS. Unit needs updating, but what a great canvass to work with! Fantastic, full amenity building ON THE BEACH/bike path with NO RENTAL CAP; GREAT BUILDING FOR INVESTORS! HEAT, A/C, CABLE TV and INTERNET all INCLUDED IN LOW ASSESSMENTS! Indoor, heated valet parking available at $160/mo. Express bus at door. 2 blocks to Red Line. Beach at back door. Walk to shopping, restaurants, theater, Loyola U, everything!
Year
Property tax
Land + Additions
Assessment*
2023
$2,835 (+2.6%)
$1,184 + $14,324
$15,508
2022
$2,764 (+2.3%)
$952 + $12,487
$13,439
2021
$2,702 (+4.7%)
$952 + $12,487
$13,439
2020
$2,582 (+0.2%)
$547 + $11,045
$11,592
2019
$2,577 (+1.7%)
$547 + $12,280
$12,827
2018
$2,534 (+10.4%)
$547 + $12,280
$12,827
2017
$2,294 (+7.5%)
$476 + $10,182
$10,658
2016
$2,135 (+145.4%)
$476 + $10,182
$10,658
2015
$870 (−3.5%)
$476 + $10,182
$10,658
2014
$902 (+4.3%)
$362 + $8,906
$9,268
2013
$865 (+50.2%)
$362 + $8,906
$9,268
2012
$576 (−39.2%)
$362 + $8,906
$9,268
2011
$946 (+32.2%)
$428 + $10,798
$11,226
2010
$716 (+16.3%)
$428 + $11,545
$11,973
2009
$616 (−26.7%)
$428 + $12,711
$13,139
2008
$840 (+11.3%)
$319 + $13,592
$13,911
2007
$755
$319 + $13,592
$13,911
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Cook County
APN
14054070171114
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RM-6
Residential Multi-Unit District
The RM6 district is a high-density zoning classification that permits mid-rise and high-rise residential buildings in those areas where such building types already exist or where such buildings would be consistent with an area's established development pattern and character.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Bed & breakfast
Educational / school
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
1% 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 • 60660
Average low and high temperatures (°F)
31
18
39
25
53
36
60
44
66
50
80
64
84
70
80
67
76
62
67
53
51
40
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
12/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
1.1 hrs
0.5 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5701 N Sheridan Rd Unit 7E
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $175,000 and $225,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $175K to $225K.