Edgewater Homes under $500,000

Welcome to Edgewater, a vibrant and diverse neighborhood nestled along the stunning shores of Lake Michigan in Chicago, Illinois. Known for its rich history and welcoming community, Edgewater offers a perfect blend of urban convenience and suburban charm. This picturesque area boasts tree-lined streets, beautiful parks, and an eclectic mix of shops and restaurants, making it an ideal place to call home.

One of the standout features of Edgewater is its accessibility to various amenities. Residents can enjoy leisurely strolls along the lakefront, with scenic beaches and picturesque walking paths just minutes away. The neighborhood is also home to several parks, including the expansive Edgewater Beach Park, where families can gather for picnics, sports, or simply relax in the sun.

For those seeking a home in Edgewater, you’ll be delighted to know that there are fantastic options available under $500,000. Whether you’re looking for a cozy condo with stunning lake views or a charming single-family home with character, Edgewater has something for everyone. The real estate market here is diverse, offering a variety of architectural styles that reflect the neighborhood's rich history, from classic brick bungalows to modern townhomes.

With its strong sense of community, excellent schools, and convenient public transportation options, Edgewater is not just a place to live; it’s a place to thrive. Experience the warmth and vibrancy of Edgewater, where your dream home awaits!

Newest Edgewater Homes under $500,000

1122 W Catalpa Avenue Unit #606, Chicago

$349,000

2 Beds ⋅ 2 Baths ⋅ 12777604 MLS ⋅ NEW Status

Loft-style 2 bed/2 bath with stunning lake and city views in one of Edgewater's most unique buildings! This spacious residence features one of the larger and more desirable floor plans in the building, offering an exceptional layout with 10' ceilings, a gas fireplace, and in-unit washer and dryer. The bright, sunny open-concept kitchen and living area are perfect for both everyday living and entertaining. The expansive primary suite includes a spa-like bathroom with a deep soaking tub, while the oversized second bedroom features a walk-in closet. Assessments include high-speed internet, heat, A/C, parking, storage, and access to the fitness center. A deeded heated garage parking space is included in the price. Building amenities include a fitness room, party room, and a common rooftop deck with a fire pit and dog run. Ideally located just steps from Andersonville, the beaches, the lakefront trail, the Red Line, and multiple bus routes.

1122 W Catalpa Avenue Unit #606, Chicago

$365,000

2 Beds ⋅ 2 Baths ⋅ 12777478 MLS ⋅ NEW Status

Bright, fully above-grade, and unlike what many buyers expect, this beautifully updated Edgewater home combines abundant natural light, premium finishes, and private outdoor living in one exceptional package. Oversized windows flood the home with sunlight, while the open-concept layout creates an inviting space for both everyday living and entertaining. The thoughtfully renovated kitchen features premium Bosch stainless steel appliances, quality cabinetry, generous workspace, and a seamless connection to the living and dining areas. Spacious bedrooms, updated baths, and carefully selected finishes make this a truly move-in-ready home. Step outside to your private patio-perfect for morning coffee, outdoor dining, or simply relaxing at the end of the day. The step-free entry offers exceptional convenience while the home's fully above-grade design delivers the brightness and openness buyers rarely expect from this type of home. Just minutes from the lakefront, beaches, parks, the Lakefront Trail, neighborhood restaurants, cafes, shopping, and public transportation, you'll enjoy one of Chicago's most vibrant neighborhoods while coming home to a peaceful residential setting. If you've been searching for a home that offers exceptional natural light, quality finishes, private outdoor space, and an unbeatable Edgewater location, this is one you won't want to miss. Parking spot on property has been rented the rest of this year and is available to rent years to follow!

6335 N Magnolia Avenue Unit #G, Chicago

5415 N Sheridan Road Unit #4112, Chicago

$144,900

1 Baths ⋅ 12777464 MLS ⋅ NEW Status

Edgewater Beach. Rarely available. Spectacular vistas of the lake and downtown from this 41st floor convertible studio/junior one bedroom with a separation between the living and sleeping areas. Walk in shower. Full amenity building with a 24 hour doorman, join the gym with an indoor pool and racquetball court. 24 hour package receiving room. Garage parking available for a fee, no wait. Monthly HOA fee includes heat, a/c, water, basic cable and internet. Minutes to lake and park. Financially stable association. Washer/dryer may be installed in the unit. No pets, rental restrictions. Unit includes an assigned storage locker located on the same floor.

5415 N Sheridan Road Unit #4112, Chicago

$360,000

2 Beds ⋅ 2 Baths ⋅ 12776911 MLS ⋅ PRICE CHANGE Status

LAKESIDE LIVING in ths iconic MALIBU. This unit facing North offers a 37' balcony with east and west views. Outdoor pool and access to the lake front. Well maintained unit has been owned since 1969. Great Steps to Lake Michigan - loads of natural light. Attached parking for owners and guests on site. $190 per month for condo owners. Additional storage #29, party room, library, exercise room, coin laundry 4th floor. Near bike trails, running path, grocery stores and all the best restaurants in Edgewater. Very well run association. New AC 2025.

6007 N Sheridan Road Unit #25D, Chicago

$239,900

3 Beds ⋅ 2 Baths ⋅ 12777064 MLS ⋅ NEW Status

Charming 3 bed, 2 bath Dutch Colonial in Rockford's highly desired Edgewater neighborhood. Nicely updated home boasts hardwood floors throughout. Huge living room with wood burning brick fireplace, built-ins and French doors leading you out to the front sun porch. Newly remodeled kitchen with stainless steel appliances, custom counter top bar that is open to back family room. Family room has gas fireplace and wrapped with windows to allow natural sunlight to pour in. Sliding glass door out to large deck over-looking the fenced-in back yard. Second floor offers 3 bedrooms including the primary with WIC. Main bathroom upstairs has been renovated. Lower level partially finished with clean laundry/2nd full bathroom, living space with built in bar. Lots of updates including new roof in 2025! Great home for entertaining! Close to the Rock River, Oxford Park, bike path, museums, restaurants and downtown entertainment.

2133 Melrose Street, Rockford

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

$229,500

1 Beds ⋅ 1 Baths ⋅ 12774169 MLS ⋅ PRICE CHANGE 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 ⋅ ACTIVE 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 ⋅ ACTIVE 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 ⋅ ACTIVE 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

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