Edgewater Beach Homes under $500,000

Welcome to Edgewater Beach, a vibrant neighborhood nestled along the shimmering shores of Lake Michigan in Chicago, Illinois. Known for its stunning lakefront views and a rich tapestry of cultural diversity, Edgewater Beach offers an inviting atmosphere that seamlessly blends urban living with natural beauty. With its lush parks, sandy beaches, and bustling community, this area is perfect for those seeking a dynamic lifestyle.

One of the standout features of Edgewater Beach is its accessibility to a variety of amenities. Residents enjoy a plethora of dining options, from cozy cafes to upscale restaurants, and an array of shopping experiences, all within a short stroll or bike ride. The neighborhood is also home to several parks, such as the scenic Edgewater Beach Park, where you can soak up the sun, enjoy a picnic, or take a leisurely stroll along the waterfront.

For those looking to plant roots in this charming community, Edgewater Beach offers an array of homes priced under $500,000. Whether you're a first-time homebuyer or looking to downsize, you’ll find a range of options, from vintage bungalows to modern condos. These homes not only provide affordability but also the opportunity to be part of a thriving neighborhood that fosters a sense of belonging.

With its stunning lake views, vibrant community life, and affordable housing options, Edgewater Beach is not just a place to live; it's a place to thrive. Discover your dream home in this picturesque neighborhood and embrace the unique lifestyle that Edgewater Beach has to offer!

Newest Edgewater Beach Homes under $500,000

5555 N Sheridan Road Unit #1612, Chicago

$179,900

2 Beds ⋅ 1 Baths ⋅ 12775331 MLS ⋅ NEW Status ⋅ Edgewater Beach Apts BLDG.

Welcome to the iconic Edgewater Beach Apartments, one of Chicago's most recognizable and beloved architectural landmarks, nestled in the heart of the historic Bryn Mawr District. Currently undergoing its first exterior repaint in more than 25 years, this nearly century-old building is being thoughtfully restored to its original "Sunset Pink" color, further elevating the beauty and prestige of this celebrated lakefront address. Offered for the first time in over 25 years, this exceptional residence reflects decades of pride in ownership. Meticulously maintained and lovingly cared for by the same owner, the home offers a rare opportunity to own a piece of Chicago history while preserving the timeless charm, warmth, and character that make residences in Edgewater Beach Apartments so special. This rarely available 16th-floor, east-facing residence offers something few units in the building can claim: unobstructed, panoramic views of Lake Michigan from nearly every room. Wake up each morning to breathtaking sunrises over the water and enjoy the ever-changing scenery that makes this one of the most desirable exposures in the entire building. Spanning approximately 1,200 square feet, the home features two generously sized bedrooms, a spacious kitchen with an oversized walk-in pantry, a large formal dining room perfect for entertaining, and wonderfully proportioned living spaces that showcase the craftsmanship and thoughtful design of a bygone era. Hardwood floors, abundant closet space, natural light, and classic architectural details create a home that feels both elegant and inviting. While exceptionally maintained throughout, the residence also presents an exciting opportunity for the next owner to personalize the space over time while enjoying its remarkable condition from day one. Edgewater Beach Apartments is renowned for offering one of the most comprehensive amenity packages on Chicago's lakefront, including 24-hour door staff, an indoor swimming pool, fitness center, library, arcade, ping-pong room, on-site dry cleaner, restaurant, and a beautifully landscaped private two-acre park and garden exclusively for residents. Garage parking is available for just $115 per month. Beyond the building, enjoy one of Chicago's most vibrant and walkable lakefront neighborhoods. Step outside your door and stroll to Foster Beach, Kathy Osterman Beach, Berger Park, the Lakefront Trail, and miles of shoreline along Lake Michigan. Grab your morning coffee at The Coffee Studio, Metropolis Coffee Company, or Heritage Outpost, meet friends for dinner at neighborhood favorites including Little Bad Wolf, Beard & Belly, Hopleaf, Moody's Pub, Francesca's Bryn Mawr, and Indie Cafe, or enjoy convenient shopping at Whole Foods, Mariano's, Jewel-Osco, and Edgewater Produce. Commuting is effortless with the CTA Red Line stations at Bryn Mawr, Berwyn, and Thorndale just blocks away, express bus service along Sheridan Road, and convenient access to Lake Shore Drive via Foster Avenue. This exceptionally well-managed co-op offers tremendous value with assessments that include property taxes, 24-hour door staff, heat, water, gas, internet, cable television, pool access, fitness facilities, and contributions to reserves. Financing is available with only 10percent down required. An additional benefit for the next owner is the building's current five-year tax moratorium, providing meaningful savings. Monthly assessments are based on $14.82 per share with 115 shares assigned to the unit. Please note that dogs are not permitted. Opportunities to own a high-floor, direct east-facing residence in the legendary Edgewater Beach Apartments are exceptionally rare. Combining breathtaking Lake Michigan views, timeless architecture, full-service amenities, and the enduring character of one of Chicago's most treasured residential buildings, this is a home that can be enjoyed for generations to come.

5555 N Sheridan Road Unit #1612, Chicago

$235,000

1 Beds ⋅ 1 Baths ⋅ 12774169 MLS ⋅ NEW Status

Fantastic, east facing one bedroom condo with lake & park views at full amenity Edgewater Plaza. Your new home or your next turnkey investment. Hardwood floors throughout, kitchen with 42" cherry cabinets, 1.5" granite counters, island, stainless steel appliances, and oversized walk-in pantry. Extra coat closet in the hallway. No Rental Cap - great for investors. Building offers 24 hr doorman, M-F on site management, sundeck/grills, tennis courts, party room, laundry and storage. Garage parking available for rent. HOA also includes heat, internet and TV/Cable. Steps to the lake, Foster Beach, Andersonville's shops and restaurants and the Bryn Mawr Red Line stop.

5445 N Sheridan Road Unit #804, Chicago

$439,000

2 Beds ⋅ 2 Baths ⋅ 12768067 MLS ⋅ NEW Status

*** $5,000 SELLER CREDIT! Use it toward closing costs or a potential interest rate buydown, subject to lender approval. *** Picture ending the day on your own oversized west facing balcony as the sun sets, with Foster Beach and the lakefront just a short walk away. This 2 bedroom, 2 bathroom Edgewater soft loft pairs the character of a loft with the comfort of a true home. Inside, 11 foot exposed concrete ceilings, real hardwood floors, and floor to ceiling windows bring in lots of natural light. The open kitchen flows straight into the living area, making entertaining easy. It features white Italian cabinetry, black granite countertops, stainless steel appliances, a stainless steel subway tile backsplash, and a breakfast bar. The custom bar in the kitchen nook stays, along with most of its contents, so you can host your first gathering the day you move in. All kitchen light fixtures are also included. The oversized primary suite has room to spread out, great natural light, generous closet space, a sliding barn door, and a private bath with a shower remodeled within the last four years. The second bedroom, featuring bifold doors, works easily as a guest room, home office, or den. Recent updates include wallpaper in the entry and primary bedroom within the last two years and refinished balcony flooring. A separate laundry and utility room with a full size washer and dryer adds storage and everyday convenience. Heated garage parking means no scraping windshields in January! Guest parking is also available. The contemporary concrete building offers a rooftop deck with beautiful Lake Michigan views and a green roof. A separate ground level dog run with K9 turf makes quick outings easy, and up to two pets are welcome. Beyond your door, you'll find Mariano's just a few blocks away, with Whole Foods, Target, and Andersonville's restaurants and shops close by. The newly rebuilt Bryn Mawr Red Line station and convenient Sheridan Road bus service make getting around the city easy. Well run and professionally managed association. Furniture is negotiable for purchase, with the exception of the blue chair and silver cabinet in the kitchen. *** SELLER OFFERING A $5,000 CLOSING CREDIT! ***

5430 N Sheridan Road Unit #504, Chicago

940 W Glenlake Avenue Unit #27B, Chicago

$450,000

2 Beds ⋅ 2 Baths ⋅ 12773484 MLS ⋅ NEW Status

Views, views, views! This gorgeous 2 bedroom/2 bath condo is situated in the coveted "B" tier at East Point Tower with sweeping views of the Lake, City, and beach! This home has a fantastic open concept floor plan that serves as a great space for everyday living and entertaining. The kitchen boasts granite counters, SS appliances, including a Bosch dishwasher, pantry cabinet, and breakfast bar with room for stools. The enormous living/dining space has plenty of room for a sectional sofa plus space for a huge dining table for ten to twelve guests. The living/dining/kitchen sits adjacent to a gorgeous balcony with unobstructed views. The primary suite is comprised of a huge bedroom with ample room for a king bed, a professionally organized walk-in closet, linen closet, and an ensuite bathroom with a walk-in shower with glass tile. The large secondary bedroom has a huge closet and sits across the hall from a guest bathroom with a tub/shower. This unit also boasts in-unit laundry and tons of closet space. This building has a boutique feel with only four units per floor. East Point Tower is a full amenity building featuring 24-hour door staff, rooftop pool and sun deck, fitness room, sauna, and party room. One storage cage is included. Attached valet parking is $140/month. Rentals are not allowed, but pets are more than welcome! This condo is in the heart of the action with easy access to multiple beaches, the lake front trail, Andersonville, Broadway's incredible shops and restaurants, the Granville Red Line "L" station, bus lines, Whole Foods, Jewel, and so much more!

940 W Glenlake Avenue Unit #27B, Chicago

6171 N Sheridan Road Unit #1412, Chicago

$280,000

2 Beds ⋅ 2 Baths ⋅ 12772008 MLS ⋅ NEW Status

WELCOME HOME to your Wall of Windows, Featuring Wonderful Lake Michigan East, West & South facing views! Oversized Living Room with Combined Dining room! Large Primary Bedroom Features Huge Walk in Closet, New Flooring & a Full Bathroom. Your Spacious Secondary Bedroom also features great views & a Wall to Wall Closet. Recent updates include all new Miniblind Window treatments & 3 Brand New in Wall AC Units. Just inside the front door are the Guest Bathroom, Coat Closet & a Linen closet. But Wait...there's more! This full amenity building offers 24-hour Door Staff! North, South & Eastern Sunrise/Sunset Views off the Rooftop Deck! Wonderful Party Room. Newly Updated Workout Fitness Room! Bike room, Storage Locker, & Large Laundry Room! Assessment includes Heat & Basic Cable..... Steps to Grocery Stores, Red-Line Train, Sheridan Express Bus, Restaurants & Beachfront Cafe! But Wait There's More!!! Lakefront Bike Path, Jogging Path & More. There is currently a waitlist for parking. Pets are allowed, and the building is Investor-Friendly with No Rental Cap. LOVE WHERE YOU LIVE!

6171 N Sheridan Road Unit #1412, Chicago

$350,000

1 Beds ⋅ 1 Baths ⋅ 12764706 MLS ⋅ NEW Status

AN EXCEPTIONAL LAKEFRONT RETREAT AT THE PRESTIGIOUS MALIBU! Welcome to this exquisitely renovated in 2026 residence at 6007 N Sheridan Rd, Unit 6H, where sophisticated design, upscale finishes, and modern comfort come together in one of Edgewater's premier lakefront locations.Enter through a welcoming walk-in foyer featuring a custom built-in panel wall thoughtfully designed for shoes, coats, and everyday essentials. New high-end engineering flooring flows seamlessly throughout the entire residence, creating a refined and cohesive contemporary look. The show-stopping custom kitchen is designed to impress, featuring upgraded cabinetry, brand-new stainless steel appliances, a built-in microwave with a convenient pull-out cabinet, luxurious quartz countertops with a Pop-Up Outlet , and a striking waterfall island with seating-perfect for casual dining, entertaining, or enjoying your morning coffee.The spacious living room opens to an EXPANSIVE PRIVATE BALCONY with SIDE LAKE VIEWS-the perfect setting to relax, entertain, and enjoy the refreshing lakefront atmosphere. Sleek recessed ceiling lighting on both sides of the living room creates an elegant ambiance day and night.The fully renovated bathroom offers a spa-inspired European-style shower accented with chic European tile and sophisticated modern finishes. The generous primary bedroom features a custom built-out closet, providing exceptional storage and organization.New electrical panel.Recent 2026 mechanical updates include a new furnace and new central air conditioning system, providing updated heating and cooling for year-round comfort. !The Malibu is a well-managed, full-amenity lakefront building offering 24-hour doorman service, an outdoor swimming pool, sun deck, sauna, fitness room, party room, valet parking, bike storage, dry-cleaning service, and Amazon Hub.Experience the best of Edgewater living with the lakefront, beaches, and scenic trails just steps from your door, plus Mariano's, Whole Foods, public transportation, shopping, and an incredible selection of restaurants nearby. Enjoy the perfect combination of luxury, convenience, and the ultimate Chicago lakefront lifestyle.TURNKEY, SOPHISTICATED, AND DESIGNED TO IMPRESS! Schedule your private showing today-this exceptional lakefront residence is a must-see!Schedule your showing today!

6007 N Sheridan Road Unit #6H, Chicago

$398,900

3 Beds ⋅ 2 Baths ⋅ 12770805 MLS ⋅ NEW Status

LIVE ON THE LAKE! Enjoy spectacular southeast views of Lake Michigan and the Chicago skyline from this spacious 17th-floor 3-bedroom, 2-bath corner residence. Filled with natural light, the home features an expansive open-concept kitchen, living and dining area that opens to a private balcony overlooking the lake and city. The updated interior offers hardwood floors throughout, a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms, generous bedroom sizes, and excellent closet space. The southeast exposure creates bright, open views from throughout the home. Enjoy the convenience of a full-amenity lakefront building featuring 24-hour door staff, fitness center, sundeck, party room, laundry facilities, on-site management, additional storage, and attached garage parking options. Ideally located just steps from Loyola University, the lakefront trail and beaches, Whole Foods, restaurants, coffee shops, public transportation, and everything Edgewater has to offer. A rare opportunity to enjoy space, views, and true Chicago lakefront living.

6301 N Sheridan Road Unit #17R, Chicago

$156,000

1 Beds ⋅ 1 Baths ⋅ 12770746 MLS ⋅ ACTIVE Status

Enjoy spectacular Lake Michigan views from this beautifully updated 19th-floor one-bedroom, one-bath residence in the heart of Edgewater. The bright and inviting 680-square-foot layout features new laminate flooring, fresh paint, updated baseboards and doors, and abundant natural light throughout the spacious living area. The kitchen offers generous cabinetry, breakfast bar seating, under-cabinet lighting, and newer appliances including a refrigerator and range. Wake up to beautiful lake views and enjoy a lifestyle centered around Chicago's iconic lakefront. This full-amenity building offers 24-hour door and garage staff, fitness center, sundeck, party room, business center, bike room, on-site management, additional storage, and laundry facilities. Garage and valet parking options are available. Ideally located just moments from the lakefront, beaches, Loyola University, Berger Park, the Lakefront Trail, CTA Red Line, Whole Foods, restaurants, coffee shops, and neighborhood favorites. The 147 Express and 151 bus routes stop nearby for convenient access throughout the city. An excellent opportunity for both owner-occupants and investors, offering a desirable Edgewater location, full-service amenities, and convenient access to Loyola University, public transportation, and the lakefront. Experience convenient, full-service lakefront living in one of Edgewater's most desirable locations.

Chicago

$410,000

3 Beds ⋅ 2 Baths ⋅ 12765602 MLS ⋅ ACTIVE Status ⋅ Metropolitan BLDG.

Upscale 3BR/2BA Condo with Lake & Downtown Views & 2 Deeded Garage Spaces! This bright, remodeled unit features luxury vinyl plank floors, a spacious living/dining room adjacent to a private corner balcony, and a modern kitchen with full-height cabinets, granite countertops, and stainless steel appliances. Each of the large bedrooms has operable, wall-to-wall, waist-to-ceiling windows for fresh air and unobstructed western horizon views. The primary and hall bathrooms feature recessed lighting soffits over light marble vanities, undermount sinks, designer faucets, and glass-tiled shower and tub enclosures. The architecturally striking Metropolitan is a 25 story northside landmark. It is managed by a 24-hour staff and its low assessments include the indoor heated pool, cardio and weight training equipment, outdoor tennis courts, interior bicycle racks, rooftop sundeck, and backyard grilling units. The building also has a large laundry facility, a sizable business center with a private meeting room, and a well-appointed two-story atrium lobby. The Metropolitan is located across the street from the walking/bike path to Lincoln Park, the lakefront, and Osterman and Foster beaches. The outer drive express bus stops in front of the building, and the Berwyn and Bryn Mawr El stations are both 3 blocks away. Shopping and restaurants, including Mariano's, are across the street, and Jewel/Osco and CVS are 3 blocks away in the Broadway commercial district. The vibrant Argyle and Andersonville commercial districts are just a few blocks further south and west. And, investors are welcome as the building has no rental cap!

5320 N Sheridan Road Unit #1502, Chicago

5455 N Sheridan Road Unit #3106, Chicago

$329,900

2 Beds ⋅ 1 Baths ⋅ 12767076 MLS ⋅ ACTIVE Status

Be the first one to live in this brand new, gut rehabbed, high-floor 2-bed unit. Enjoy the mesmerizing and forever south views of Lake Michigan and the city from every room. Exceptional finishes all throughout the unit. Soft-close kitchen cabinets with under cabinet LED lighting. Trendy kitchen quartz counter-top with matching backsplash, extra-large bar which has: accent lighting, its own wine cooler, USB/C-type charging outlets, as well as a wireless phone charging station. SS appliances (all SAMSUNG) - including dishwasher, French-door fridge, and a SMART range. Modern LED lighting throughout the entire unit. Plenty of closet space, including designer organizers. Bathroom features a double-sink vanity and a walk-in shower with black hexagon floor tiles to match the remaining black finishes, as well as a smart LED sensor mirror with anti-fog and Bluetooth connection, which can also be used to: play your favorite music to make your shower even more relaxing and enjoyable. The bathroom also features a heated towel warmer rack to complete the comfort and joy of your shower experience. Building elevators have been recently renovated. The building is walking distance from beaches, shopping, parks, fine restaurants, and public transportation. Bus stop is conveniently located right outside of the building. Mariano's is steps away. This is a well-run building which is pet friendly and has no current rental restrictions - Investors are welcomed. The building has a rooftop/sun deck, 2 party rooms, swimming pool, tennis courts, 24-HR door staff and much more. Both maintenance and management are super friendly and are on site. Immediate parking is available. The monthly assessment includes: water, central heat/AC, cable/internet, storage unit, exterior maintenance, patio with gas grills, etc. Taxes DO NOT include ANY exemptions. Low assessments and taxes for a 2-bed unit. Must see!

5455 N Sheridan Road Unit #3106, Chicago

$175,000

1 Beds ⋅ 1 Baths ⋅ 12765584 MLS ⋅ ACTIVE Status

Welcome to Hollywood Towers! Unit 5U is aa spacious one-bedroom, one-bath corner unit with east and south exposures, abundant natural light and expansive treetop, Lake Michigan and downtown views. The generous living room features an impressive wall of east and south facing windows and flows naturally into the dining area. The kitchen, accessed through charming pocket doors, offers an opportunity for a new owner to bring their vision and create a space tailored to their style and needs. Offered AS IS, this condo provides a rare opportunity to reimagine a larger one-bedroom with abundant closet space in one of Hollywood Towers' desirable U-Line residences. Enjoy beach access and the lakefront trail just outside your door, as well as ideal location near the CTA Red Line, with easy access to Loyola University Chicago and all that Edgewater and neighboring Andersonville have to offer-from restaurants, cafes and shopping to parks, beaches and lakefront recreation. Bring your vision and make this light-filled corner residence your own.

5701 N Sheridan Road Unit #5U, Chicago

5320 N Sheridan Road Unit #1607, Chicago

$219,000

1 Beds ⋅ 1 Baths ⋅ 12766698 MLS ⋅ ACTIVE Status

First time on the market in 26 years! Perched on the 16th floor in the heart of Edgewater, this spacious 1-bedroom, 1-bath condo offers incredible east-facing views of Lake Michigan and a fantastic opportunity to make the space your own. Floor-to-ceiling windows fill the unit with natural light and showcase beautiful lake views from both the living room and bedroom, truly hard to beat at this price point. The open living and dining area provides plenty of space to relax, entertain, or work from home, all with Lake Michigan as your backdrop. The kitchen features original vintage cabinetry with a unique retro feel, plus a pantry with Elfa shelving and plenty of storage throughout. The oversized bedroom continues the stunning lake views and offers generous closet space. The owner recently replaced the PTAC units, a $2,850 upgrade. Even better, a RARE garage parking space is INCLUDED in the price! Enjoy a well-maintained building with 24-hour door staff, secure access, exercise room, on-site manager/engineer, party and conference room, sundeck, indoor pool, receiving room, tennis courts, laundry, picnic area, and grills. Ideally located near the lakefront, beaches, parks, public transportation, dining, shopping, and everything Edgewater has to offer. Bring your ideas and make this lakeside condo your own! Explore the property in 3D! Click the 3D button to take a virtual tour and walk through every detail.

5320 N Sheridan Road Unit #1607, Chicago

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