Chicago · Cook County · IL
Homes for sale in
Edgewater Beach.
- Active listings
- 4
- Median list
- $220K
- Avg time on market
- 12 days
- Sold · last year
- 26
Active listings
4 homes on the market
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About the community
A landmark 1928 lakefront co-op and its Sheridan Road neighbors in Edgewater.
Edgewater Beach centers on the Edgewater Beach Apartments, the landmark cooperative at 5555 North Sheridan Road that opened in 1928 as part of the Edgewater Beach Hotel resort. Designed by the celebrated Chicago firm Marshall and Fox in an X-shaped plan and finished in a distinctive sunset-pink terra cotta, it is the only surviving building of the original resort and is listed on the National Register of Historic Places. The community slug also spans nearby Edgewater Beach lakefront buildings along Sheridan Road, some built on the former hotel grounds, so the stock ranges from the 1920s co-op through mid-century and later towers. It is a full-service, garden-set, lakefront address on Chicago's far North Side.
At a glance
Landmark 1928 building
The pink Marshall and Fox Edgewater Beach Apartments, on the National Register of Historic Places.
Lakefront setting
Between Foster and Osterman beaches with direct access to the Chicago Lakefront Trail.
Two acres of gardens
Award-winning gardens, a terrace, a gazebo, and grilling patios for residents.
Full-service amenities
A 60-foot indoor lap pool, fitness rooms, 24-hour door staff, a library, and a ground-floor shop arcade.
Co-op ownership
The 5555 building is a housing cooperative, so you buy shares and a proprietary lease, not a deeded condo.
Red Line nearby
The CTA Red Line at Bryn Mawr and Berwyn is a short walk west along Broadway.
Bryn Mawr and Andersonville
A lively independent restaurant and shop district on Bryn Mawr, with Andersonville close by.
Heated garage parking
A connected two-level heated garage with 24-hour valet, leased monthly. Confirm terms per unit.
What’s close
Edgewater Beach sits in the lakefront Edgewater community area on the far North Side, where northbound Lake Shore Drive ends near Hollywood Avenue and feeds into Sheridan Road.
- Building amenities
- Gardens and terrace, an indoor lap pool, fitness rooms, 24-hour door staff, a library and club rooms, and a ground-floor arcade of shops.
- Beaches and trail
- Foster Beach and Osterman (Hollywood) Beach and the Lakefront Trail are immediately adjacent.
- Shopping and dining
- The Bryn Mawr restaurant row just west, with the Andersonville Clark Street district a short trip southwest.
- Hospital
- Weiss Memorial Hospital in Uptown and other North Side hospitals are nearby.
- Schools
- Chicago Public Schools, with Peirce, Goudy, Hayt, and Swift elementaries and Senn High School cited nearby. Confirm by address with CPS.
- Transit
- The CTA Red Line at Bryn Mawr and Berwyn, plus bus routes including express service downtown via Lake Shore Drive.
What it’s actually like to live here
Living at Edgewater Beach means trading a bit of newness for a lot of character. This is a 1920s Marshall and Fox building with genuine resort-era pedigree: two acres of gardens, a vintage indoor lap pool, a Sheridan Road shop arcade, 24-hour door staff, and lake views that are hard to replicate at the price. For buyers who love architecture and want a full-service, walk-to-the-lake lifestyle without a downtown price tag, it is a distinctive option, with the Lakefront Trail, Foster and Osterman beaches, the Bryn Mawr restaurant row, and Andersonville all close and the Red Line putting the Loop within a straightforward commute.
The honest tradeoffs are real. Vintage 1920s systems mean galley kitchens, older layouts, and the ongoing capital work any near-century-old high-rise requires. The co-op funds that work collectively, which is a strength for maintenance but means the monthly maintenance carries building-wide costs, including taxes and any underlying loan. Because the flagship building is a cooperative rather than a condominium, purchases go through a board approval process and financing uses share loans that fewer lenders offer, so budget extra time and line up a co-op experienced lender early.
For the right buyer those tradeoffs are the point. Co-op ownership and the further-north setting are a big part of why a full-amenity, landmark-quality lakefront home here tends to be more attainable than comparable condos to the south. It rewards people who value community, the stewardship of a historic building, and a real lakefront setting over brand-new finishes. Buyers weighing a neighboring Edgewater Beach building should first confirm whether it is a co-op or a condominium, because that changes the financing and the tax treatment.
The questions buyers actually ask
Edgewater Beach FAQ
The questions I get most from buyers shopping Edgewater Beach. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- In the historic Edgewater Beach Apartments, a housing cooperative, residents pay a monthly maintenance rather than a condo fee. Per the association it is calculated from each unit's share percentage and covers three things: building operating costs and upkeep such as heat, water, common-area utilities, staff, and insurance; the unit's share of the building's real estate taxes; and the unit's share of any underlying building or capital loan. Property taxes are generally bundled into the maintenance rather than billed separately per unit. Neighboring Edgewater Beach buildings may be condominiums with a more typical assessment structure. Confirm the ownership type and the exact monthly figure for the specific unit.
- When was Edgewater Beach built?
- Edgewater Beach Apartments (1928) by Marshall and Fox; neighboring lakefront buildings by various developers built the community between 1924 and 2004. Edgewater Beach Apartments (1928) by Marshall and Fox; neighboring lakefront buildings by various developers stopped new construction in 2004, so every sale today is a resale.
- What's the typical closing timeline?
- 45 to 90 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 90.
- Is Edgewater Beach Apartments a condo or a co-op?
- The historic 5555 North Sheridan building is a housing cooperative. You buy shares in the corporation that owns the building plus a proprietary lease to occupy your unit, rather than a deeded condominium. Some nearby Edgewater Beach lakefront buildings on the former hotel site are condominiums instead, so confirm the ownership structure for any specific building or listing.
- What does the monthly co-op maintenance cover?
- Per the association, the monthly maintenance covers your share-based portion of building operating costs such as heat, water, common-area utilities, staff, and insurance; your share of the building's real estate taxes; and your share of any underlying building or capital loan. Property taxes are generally bundled in rather than billed separately per unit.
- How are property taxes handled here?
- For the co-op, the building is taxed as a whole and each shareholder's portion of the real estate tax is passed through inside the monthly maintenance rather than billed as a separate per-unit bill. Cook County treats co-ops differently from condos, so confirm the specific pass-through and any homeowner exemption with the association and the Assessor. Neighboring condominium buildings are taxed per unit.
- Can I get a mortgage to buy here?
- Co-op purchases use share loans, which fewer lenders offer than standard condo mortgages, and the board typically sets financial-qualification and down-payment requirements. Some buyers pay cash. Line up a co-op experienced lender early and confirm the building's current financing rules with the association.
- What are the amenities and is parking available?
- The building is full-service: two acres of gardens, a 60-foot heated indoor lap pool, fitness rooms, 24-hour door staff, a resident library, club and business rooms, and a ground-floor arcade of shops and services. A connected two-level heated garage offers monthly parking staffed around the clock. Confirm current parking terms per unit.
- What do units cost and how is the market right now?
- Prices and market conditions change constantly and vary by unit size, floor, and view, and co-op share purchases price differently from deeded condos. See the live Market snapshot on this page for current pricing and activity rather than a static number.
- Who is the real estate agent for Edgewater Beach?
- Joe Keegan is the local licensed Illinois real estate broker who covers Edgewater Beach in Chicago, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Edgewater Beach specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Edgewater Beach
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Chicago specialist
- Honest local market take
- Brokerocity
Market snapshot
Edgewater Beach, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$220,000
Typical sale price · last 90 days
$315,000
Homes for sale right now
4
Avg time on market
12 days
Sold in the last year
26
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 10, 2025 through August 10, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Thinking of selling?
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Schools serving Edgewater Beach
Where Edgewater Beach homes go to school
Homes in Edgewater Beach are most often zoned to Senn HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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