Chicago · Cook County · IL
Homes for sale in
Edgewater Plaza.
- Active listings
- 5
- Median list
- $165K
- Avg time on market
- 9 days
- Sold · last year
- 17
Active listings
5 homes on the market
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About the community
Attainable, full-service lakefront condominium living in Edgewater.
Edgewater Plaza is a lakefront high-rise condominium development on the west side of North Sheridan Road, just north of Foster Avenue, a block from Lake Michigan and the lakefront parks and beaches. It is generally described as a two-tower complex at 5445 and 5455 North Sheridan, each a reinforced-concrete residential high-rise of roughly 38 stories designed by the Chicago firm Solomon Cordwell Buenz, built in the late 1960s to early 1970s and converted to condominiums in the late 1970s. With a large inventory of studios and one- and two-bedroom homes and a full slate of building services, it is one of the more attainable ways to own directly on the Chicago lakefront.
At a glance
A block from the lakefront
One short block to Lake Michigan, the Lakefront Trail, and nearby beaches including Foster and Kathy Osterman.
Roughly 38-story towers
A two-tower complex at 5445 and 5455 N Sheridan designed by Solomon Cordwell Buenz. Confirm exact floor and unit counts per tower.
24-hour door staff
A staffed, full-service building with door staff and an on-site management office.
Pool and sundeck
Pool, sundeck with grills, fitness room, party room, and a bike room, per building listings. Confirm current amenity status with the association.
Studios to two-bedrooms
A large inventory of studios and one- and two-bedroom condominiums, with some larger tiers.
Attainable lakefront ownership
One of the more accessible front doors to owning on the Chicago lakefront.
Red Line and Lake Shore Drive
Steps to CTA Red Line service (Bryn Mawr, Berwyn, Thorndale) and direct access to DuSable Lake Shore Drive.
Chicago Public Schools
Served by CPS, with Goudy, Peirce, and Senn High School commonly cited nearby. Confirm the attendance boundary by address.
What’s close
Edgewater Plaza sits on the Edgewater lakefront at 5445 and 5455 North Sheridan Road, a block from Lake Michigan and about seven miles north of the Loop.
- Building amenities
- Door staff, pool, sundeck with grills, fitness room, party room, bike room, garage parking, and an on-site management office.
- Lakefront and parks
- One block to the Lakefront Trail and nearby beaches including Foster and Kathy Osterman (Hollywood) Beach.
- Dining and shopping
- Andersonville's restaurants and shops to the west, with Uptown to the south and nearby grocery options.
- Schools
- Chicago Public Schools, with Goudy Technology Academy, Peirce, and Senn High School commonly cited nearby. Confirm the attendance boundary by address with the CPS locator.
- Transit
- Steps to the CTA Red Line (Bryn Mawr, Berwyn, Thorndale) and Sheridan and Foster bus service, plus DuSable Lake Shore Drive express routes downtown.
- Parking
- An on-site garage, generally with an assigned space available per unit and valet parking. Confirm availability and any fee with the association.
What it’s actually like to live here
Edgewater Plaza is about buying into the Chicago lakefront without the downtown price tag. The draw is location: you step out the door to the beach and the Lakefront Trail, catch an express bus or the Red Line downtown, and have Andersonville's restaurants and shops a short walk west. Many units frame wide lake, park, or skyline views through wall-to-wall windows, and the building's staffed lobby, pool, sundeck, fitness room, and party space give it a full-service, community feel that suits both first-time owners and downsizers.
The tradeoff is that this is dense, mid-century high-rise condo living, and it comes with the economics of a big staffed building. Monthly assessments are meaningful, though they bundle real value including heat, water, cable, internet, door staff, and amenities, so the assessment is not purely overhead. As with any older high-rise, buyers should read the association's reserve study, budget, and any special-assessment history, and confirm the current status of the pool and other amenities, since a large building's long-term maintenance of the facade, elevators, plumbing risers, and garage is an ongoing shared cost.
For the right buyer, the value proposition is clear: attainable ownership steps from the water, professional management, and a transit-rich location. Go in with eyes open on the assessment, the specific tower's rules (including the pet policy, which can differ between the associations here), parking, and the health of the reserves, and it can be one of the more accessible front doors to lakefront living in Chicago.
The questions buyers actually ask
Edgewater Plaza FAQ
The questions I get most from buyers shopping Edgewater Plaza. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Edgewater Plaza is a full-service, staffed building, and monthly condominium assessments reflect that service level and scale with unit size. They typically bundle real value: heat, air conditioning, water, building insurance, door staff, cable TV and internet, common-area maintenance, trash, and snow removal. Cook County property taxes are billed separately per unit and are not included. As with any older high-rise, review the association's budget, reserve study, and any special-assessment history, and confirm the specific tower's rules before buying.
- What are property taxes like?
- Roughly $2,500 – $6,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Edgewater Plaza built?
- Solomon Cordwell Buenz (architect) built the community between 1967 and 1979. Solomon Cordwell Buenz (architect) stopped new construction in 1979, 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 Plaza one building or two?
- It is generally described as a two-tower condominium complex at 5445 and 5455 North Sheridan Road, though it is often referred to by the single Edgewater Plaza name, and each tower has its own condominium association. Confirm which association and address applies to a specific unit.
- How much do homes here cost and how is the market?
- Edgewater Plaza is one of the more attainable ways to own on the Chicago lakefront, but pricing and market pace change constantly. Check the live Market snapshot on this page for current listings, values, and recent activity rather than relying on a fixed number.
- What do the monthly assessments include?
- Typically heat, air conditioning, water, building insurance, door staff, cable TV and internet, common-area maintenance, trash, and snow removal. Assessments scale with unit size. Cook County property taxes are billed separately per unit.
- Are pets allowed?
- It depends on the tower and association, and building sources conflict, so confirm the pet policy in writing with the specific unit's association before you buy.
- Is there parking?
- Yes. The building has an on-site garage, generally with an assigned space available per unit and valet parking. Confirm availability and any waitlist or fee with the association or your agent.
- What are the schools and are they guaranteed?
- Chicago Public Schools assigns schools by attendance boundary, which can change. Names like Goudy Technology Academy, Peirce, and Senn High School are commonly cited for the area, but verify the assigned schools for a specific unit address using the CPS school locator.
- Who is the real estate agent for Edgewater Plaza?
- Joe Keegan is the local licensed Illinois real estate broker who covers Edgewater Plaza 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 Plaza 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 Plaza
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 Plaza, 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
$165,000
Typical sale price · last 90 days
$180,000
Homes for sale right now
5
Avg time on market
9 days
Sold in the last year
17
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 1, 2025 through August 1, 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?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
- Pre-list improvements that pay back, and the ones that don't
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