The Statesman

About the Building

The Statesman is a 20-floor residential high-rise that has been one of the most sought-after addresses in Chicago's beautiful Edgewater neighborhood for more than four decades. Originally built in 1963, the Statesman offers everything that you could hope to find in a Chicago condo: easy access to parks and the lakefront, excellent city views, and easy access to the rest of the city.

Housing 90 separate units, this Chicago condo building offers a number of different layouts to suit its residents' individual needs and preferences. Whether you want a 2-bedroom place with a 165 square-foot master suite, or simply desire a studio-bedroom unit with enough space for you and your pet (which, by the way, are permitted in this building), the various floorplans will have the perfect fit to make you feel right at home.

While size is a major factor in selecting a new place to live, price is up there, too. Of course it's all relevant-the larger the unit the bigger the price tag-but to give you a general idea, the price per square foot for property in this building is reasonable, with an average listing price around $134,900 and an average selling price of $130,000. Typically, properties in this great building are on the market for 128 days. And, as is standard for most residential real estate, some unit sizes sell quicker than others. The most recently purchased unit here was a studio residence which sold for $130,000 around 08/16/2006.

Perhaps the reason so many homeowners love this particular site is because the residences at 5601 N. Sheridan incorporate the necessities with a touch of luxury from spacious living rooms to 56 square-foot kitchens. Get all the contemporary amenities and modern features of today's best big city homesteads without sacrificing a bit of charm.