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The Statesman

The Statesman

The Statesman
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5601 N Sheridan Rd
Chicago, IL 60660
90 Units
22 Stories
1965 Year Built
$126K - $342K Value Range

Available Units

For Sale
For Rent

Highlights

  • Lake Front
  • Elevator
  • Lounge
  • Sundeck
  • Balcony
  • 3 min walk to Hollywood Beach

Iconic Edgewater High-Rise with Lakefront Views

The Statesman, a 22-story condominium building designed by architect Milton Schwartz, stands prominently along the Edgewater lakefront. Completed in 1965, this building houses 90 units and offers residents stunning views of Lake Michigan and the surrounding parks. Located in the Bryn Mawr Historic District, The Statesman is a well-managed building that combines modern living with the charm of a historic neighborhood.

Diverse Layouts with Modern Upgrades

The Statesman offers a variety of floor plans to suit different needs, ranging from cozy studios to spacious three-bedroom units. Studio units, sized between 450 and 650 square feet, feature one bathroom and are priced from $135,000 to $140,000. These units often include hardwood floors, updated kitchens with stainless steel appliances, and private balconies with lake views. One-bedroom units, spanning 750 to 1,000 square feet, come with one and a half bathrooms and are priced between $147,000 and $189,000. These units typically feature open-concept living and dining areas, modern kitchens with granite countertops, and spacious bedrooms with en-suite bathrooms and balcony access. Two-bedroom units, ranging from 1,100 to 1,400 square feet, offer up to two bathrooms and are priced from $250,000 to $320,000. These units often include large living/dining combos, updated kitchens with quartz countertops, and master suites with walk-in closets and newly renovated bathrooms. Many two-bedroom units also boast expansive balconies with panoramic views of the lake and park. The largest units in the building are the three-bedroom condos, approximately 2,000 square feet in size, featuring three bathrooms. These units provide ample space for families or those seeking extra room for guests or a home office. Monthly HOA fees range from $500 to $1,000, covering heat, air conditioning, water, insurance, TV/cable, exterior maintenance, scavenger, snow removal, and internet.

Comprehensive Amenities for Comfortable Living

The Statesman offers a range of amenities designed to enhance the living experience of its residents. The building features a large sundeck equipped with BBQ grills, a firepit, and outdoor seating, providing a perfect spot for social gatherings and relaxation. For pet owners, the building is pet-friendly and located near the Edgewater Dog Park. Additional amenities include a bike room, secure storage lockers, and coin laundry facilities. The building is managed by an on-site property manager and has an on-site engineer to address maintenance needs promptly. Security is a priority, with controlled access and a lobby telephone buzz-in system ensuring residents' safety. The mezzanine level also offers a terrace with grills and outdoor seating, adding to the communal spaces available for residents to enjoy.

Vibrant Edgewater Community with Rich History

Edgewater is a lively and connected neighborhood that offers a blend of urban convenience and suburban charm. Known for its diverse range of residents, Edgewater provides numerous dining options, from southern comfort food at Big Jones in Andersonville to various African restaurants on Broadway and Little India on Devon. Local favorites include Ethiopian Diamond Restaurant and Bar and the cozy Moody’s Pub, which has been a neighborhood staple since 1959. The neighborhood is home to several independent shops, such as the Broadway Antique Market and Kim’s Hardware. For groceries, residents have access to Whole Foods Market, Maisano’s, and other local stores. Edgewater also boasts a variety of green spaces, including the expansive Kathy Osterman Beach, a popular summer hangout spot. The nearby lakefront path offers scenic walking and biking trails that stretch along the shoreline. Edgewater hosts numerous community events, including block parties and the annual Edgefest, which features live music, local artisans, and food vendors. The neighborhood is also home to cultural venues like the Raven Theatre and The Edge Theater, which showcase a range of performances from classic plays to contemporary works.

Convenient Access to Public Transit and Major Roads

The Statesman is well-connected to public transportation, making it easy for residents to navigate the city. The Bryn Mawr Red Line Station is just a five-minute walk away, providing quick access to downtown Chicago and other parts of the city. Several bus stops, including Sheridan & Bryn Mawr, Sheridan & Hollywood, and Sheridan & Catalpa, are within a short walking distance, offering routes on the Foster, Outer DuSable Lake Shore Express, Peterson, and Sheridan lines. For those who prefer to drive, the building is conveniently located near Lake Shore Drive, providing easy access to major highways. Chicago O'Hare International Airport is approximately 25 minutes away by car, while Chicago Midway International Airport is about a 30-minute drive. The building also offers on-site parking options, including a heated garage, making it convenient for residents with vehicles.

Available Condos

Building Details

Recreation

  • Bike Trail

Outdoor Features

  • Lake Front
  • Sundeck

Amenities

  • Water Views
  • Lounge
  • Coin Laundry
  • Community Storage Space
  • Resident Manager or Management On Site
  • Controlled Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • Uncovered Parking
  • On-Site Parking
  • Assigned Parking

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Condo Association

  • $898 Monthly HOA Fees
  • Monthly HOA Fees Range from $486 - $1,116
  • Association fees include heat, air conditioning, water, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • Terry Jones Association, Phone Number (872) 278-1191
  • Statesman Subdivision
  • Property managed by Community Association Forth Group

Building Design

  • Elevator
  • High-Rise Condominium

Unit Features

  • Laundry Room
  • Balcony

Unit Information

Unit
13E
Beds
2 Beds
Baths
2 Baths
Sq Ft
--
Price
$269,900
Price / Sq Ft
--
List Date
04/11/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
420 - 650
Est. Values
$126,304 - $322,133
1 Bedroom Units
Sq Ft Range
600 - 800
Est. Values
$146,723 - $208,030
2 Bedroom Units
Sq Ft Range
1,200 - 1,300
Est. Values
$240,389 - $311,861
3 Bedroom Units
Sq Ft Range
2,000
Est. Values
$314,830 - $342,075
All Units
Sq Ft Range
420 - 2,000
Est. Values
$126,304 - $342,075

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Very Bikeable

Bike Score®

88 / 100

Very Walkable

Walk Score®

86 / 100

Excellent Transit

Transit Score®

74 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

66 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$9.8K - $40K
Range of Taxes in Building
$260 - $6,993
Range of Taxes per Sq Ft
$0.40 - $4.65

Property Tax History

Source: Public Records

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