Edgewater Homes under $500,000

Welcome to Edgewater, one of Chicago's most vibrant and diverse neighborhoods, where the charm of lakeside living meets the energy of urban life. Nestled along the shores of Lake Michigan, Edgewater offers residents a unique blend of scenic beauty and cultural richness, making it an ideal place to call home.

Edgewater is renowned for its stunning lakefront parks, including the expansive Edgewater Beach, which provides ample opportunities for outdoor activities, from sunbathing to jogging along the picturesque shoreline. The neighborhood is also home to a variety of shopping and dining options, featuring everything from trendy cafes to ethnic eateries, reflecting the area's rich cultural tapestry.

For those seeking a home in Edgewater without breaking the bank, you're in luck! The neighborhood boasts a variety of charming residences available for under $500,000. From cozy vintage bungalows to modern condominiums, there’s something to suit every taste and lifestyle. Many of these homes showcase beautiful architectural details, spacious layouts, and close proximity to public transportation, making commuting a breeze.

Community spirit thrives in Edgewater, with local events, farmers' markets, and art fairs bringing residents together throughout the year. With its welcoming atmosphere, excellent schools, and a strong sense of community, Edgewater is not just a place to live; it’s a place to thrive.

Whether you're a first-time homebuyer or looking to downsize, Edgewater offers an array of affordable options that allow you to enjoy the best of Chicago living. Come discover your dream home in this delightful neighborhood today!

Newest Edgewater Homes under $500,000

1425 W Summerdale Avenue Unit #3A, Chicago

$425,000

2 Beds ⋅ 1 Baths ⋅ 12775941 MLS ⋅ NEW Status ⋅ Andersonville BLDG.

Spectacular Penthouse views from this classic courtyard building in the heart of Andersonville. Open concept 2BR condo with abundant light. Original hardwood flooring and natural light streaming in through the bay window area. The living room features a wood burning fireplace and leads to a seating area with bay window--perfect for a reading nook or gazing out beautiful Andersonville from above the tree tops. The dining area is large enough to accommodate an 8-top table. The kitchen is well-equipped with new KitchenAid stainless appliances (2019/2020), ample cabinet storage and a unique mosaic countertop. The kitchen leads to a small balcony that only this unit has access to , and is large enough for a small love seat. Both bedrooms are typical vintage bedroom sizes and have great closet space. The primary bedroom looks out into the treetops, while the second bedroom has a murphy bed--perfect for a work from home space. Bathroom was a total gut in the last 2 years, all marble, Kohler air bath tub and Kohler fixtures. 2 new smart LG A/C units. Walking distance to everything Andersonville has to offer, just one block away. The best restaurants, nightlife, grocery stores, coffee shops, summer festivals (like Midsommar Fest!) and public transit are all at the end of the street. Rental parking options in the area.

1425 W Summerdale Avenue Unit #3A, Chicago

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

1531 W Rosemont Avenue Unit #1N, Chicago

$270,000

2 Beds ⋅ 1 Baths ⋅ 12773847 MLS ⋅ NEW Status

Come home to this spacious 2 bedroom, one bath unit nestled on a gorgeous tree- lined block, in the sought after Edgewater Glen neighborhood. This adorable, front facing, split bedroom layout has tons of natural light bathing this unit from Living Room Bay windows, and large bedroom windows. The large LR/DR offers flexibility of floor planning, and great flow into a chef's size kitchen great for avid cook's, and entertaining. Kitchen is all granite and stainless steel appliances, and 42" cabinets. Both bedrooms are good size, with large closets. Hardwood floors throughout. In unit washer/dryer, and central heat and air. Extra large, full height storage in LL. Steps from Granville/Loyola Red Line el stops, and Clark/Broadway/Devon buses. This area is full of great restaurants and shops, including a Whole Foods, Aldi's and Clark Devon Hardware, and all that both Clark and Broadway have to offer. Property being sold AS/IS.

1531 W Rosemont Avenue Unit #1N, Chicago

$199,900

3 Beds ⋅ 1 Baths ⋅ 12774185 MLS ⋅ NEW Status

Quintessential charm on a BRICK PAVED, tree-lined Street in the highly sought after Edgewater Neighborhood - one of Rockford's favorites! Lovingly maintained, this character-filled 1920 home has storybook curb appeal and opens to a warm interior where hardwood floors, graceful arched openings and a wood-burning fireplace bring timeless personality to the main living spaces. A unique Butler's PANTRY / Bar Area opens to both the Kitchen and the SUNROOM - use these spaces however your heart desires! Both the Dining Room and the Living Rooms are generous in size, with BUILT-IN Bookcases to show off your collection AND your art. Back porch is the perfect addition to this home - a great place to remove boots and stow your outside fun gear. All three bedrooms are upstairs - and who doesn't enjoy a WALKUP Attic??? The perfect place to store additional home goods or creatively finish into additional living space! The finished lower-level - a rarity in homes of this age, a full basement and plenty of room to store and work, too. Outside, enjoy the convenience of a FENCED YARD, Brick Paver Patio, raised garden beds and a spacious detached two-car garage. Classic architecture, welcoming spaces, central air and a sought-after Edgewater setting come together in a home that feels distinctive from the moment you arrive. Hop, skip to the Neighborhood Oxford Park with NEW playground equipment and loads of OPEN Space. Edgewater is one of the most walkable neighborhoods and enjoys bike path, walking trails along the river and community activities including the Luminary event, Easter Bunny visits and Christmas Party.

2129 Melrose Street, Rockford

6100 N Hermitage Avenue Unit #G, Chicago

$450,000

3 Beds ⋅ 2 Baths ⋅ 12772985 MLS ⋅ NEW Status

Location, location, location! This spacious 3-bedroom, 2-bath condo offers more than 1,700 square feet of living space in a highly desirable location near Edgewater, Rogers Park, and Andersonville. Enjoy convenient access to a wide variety of shopping, dining, and neighborhood amenities, along with the new Peterson Ridge METRA station just a short distance away. High ceilings, abundant natural light, and glass doors leading to the front patio enhance the open and spacious feel of the home. The open-concept kitchen, dining, and living areas provide plenty of room for both everyday living and entertaining. A gas fireplace in the living room creates a warm and inviting place to relax during the colder months. The kitchen offers generous counter space, a center island ideal for food preparation and serving, and professionally painted cabinetry completed in April 2026. The primary bedroom features a walk-in closet, a second additional closet, a private ensuite bath with a whirlpool tub and separate stand-up shower, plus access to its own private patio. The second and third bedrooms are also generously sized and can comfortably accommodate queen-sized beds. Additional conveniences include central air conditioning and heat, with the condenser, furnace, and humidifier replaced in 2025. The water heater was also replaced in 2025. A full-size, side-by-side in-unit washer and dryer (Dryer installed in June 2026). Electrical improvements completed in June 2026 included GFCI-related work in the laundry room and corrections to three-way lighting. Outdoor space is another standout feature, with three separate patios: one off the living room, one off the primary bedroom, and an additional side patio. The yard features native and pollinator-friendly plantings, creating an attractive and welcoming outdoor environment. The rear yard is common space for usage. A deeded parking space is located at the rear of the building. The roof was replaced in July 2026, and additional masonry and concrete repairs are scheduled for early October and have already been paid for. There are currently no anticipated special assessments. With its generous room sizes, multiple outdoor spaces, numerous recent mechanical and building improvements, and convenient North Side location, this condo offers exceptional space and comfort in the city.

6100 N Hermitage Avenue Unit #G, 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 ⋅ NEW 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

Start Your Search

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.