5757 N Sheridan

About the Building

This beautifully-constructed high-rise condo building has been around since the early 1960s and offers all the modern amenities you need to live in comfort and style in the big city. It houses 171 separate units with fee/leased parking to accommodate residents who own their own vehicles. In addition to the well-maintained craftsmanship of the building, this Edgewater dwelling offers several different layouts with varying numbers of bedrooms and unit size.

On average, the residences in this building provide 594 square feet of living space. The choice of floorplans include anywhere from studio to 3 bedrooms, which can range in area from 132 square feet to 90 square feet. But home isn't only about where you lay your head at night—the rest of the place is just as essential when looking for that perfect abode. The cook in the household will find spacious kitchens in these units, covering 72 square feet of the entire unit. That's enough room to whip up a delicious five-course meal for the occasional dinner party, which can be hosted in the 347 square-foot dining room. And what would a get-together be without a bit of mingling before sitting down to eat? Good thing there's a large 400 square-foot living room to let your guests roam around, and not even have to worry about bumping elbows.

In addition to information about the units, you probably would like to learn a bit about financing a place like this. Of course, the numbers change depending on the particular unit, but the lowest listing price in the building is just below the market price. The latest studio to sell from this building went for $114,000 in December of 2005. Now, on top of the asking price, it's important to think about the added expenses residents need to pay in taxes every year. For property in this building, the taxes generally cost $679 annually, so factor that in when calculating that mortgage rate.