Chicago  »  60640  »  Uptown

5050 North Sheridan Road, Chicago, IL 60640

Uptown, North Side, Chicago
Building in Uptown
14 Stories
Built in 1932
5050 N Sheridan Rd - Photo 1
5050 N Sheridan Rd, Apt 203
Uptown, North Side, Chicago
$1,358
|
1 Bed
|
1 Bath
By Funsho Macaulay
Welcome to 5050 North Sheridan Road, a building located in Uptown, North Side, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1932. This is a relatively tall building with a total of 14 floors. Finally, 5050 North Sheridan Road was most recently sold on May 20, 2011 for $10,500,000. The market value for the land that the building sits on has been listed at $858,000. In addition, improvements upon the building have an added value of $11,423,290. In total, the total market value of the property as a whole is $12,281,290. According to local assessors, the total value of the building is currently valued at $1,228,129. Specifically, the value of the land that the property sits on has been assessed at $85,800. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Fitness Center
Laundry In Building
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1932
Effective Year Built
1932
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
14
Living Units
120
Business/Commerical Units Count
147
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
ARGYLE SUB
Land Acres
0.328
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
(ARGYLE) SUB A SUB OF LTS1-2 OF FUSSEY & FENNIMORES S UB & LTS1-2 OF COLEHOUR & CONARROES SUB OF LT3,ETC SEC 08-40-14
Ownership
Current Owner
HORIZON GROUP XXII LLC
Current Owner's Name
HORIZON GROUP MNGT LLC
Previous Owner
CRE CCG CHICAGO LLC
Previous Owner's Name
CRE CCG CHICAGO LLC
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60640
Owner Before Previous Owner
LAKEVIEW SHERIDAN LLC
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
031200
Census Block Code
4003
Census Group
4
Census Year
2018
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170310312004003
Census - Metropolitan Division - Area Code
16974
Census - Metropolitan Division - Area Name
Chicago-Naperville-Arlington Heights, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
031200
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Zoning
B1-5
Geography
Assessors Map Reference
17S-88-02
District
73
Parcel
14-08-406-011-0000
Block
6,6
Lot
1-3
Lot Code
unknown
Meridian
SEC 08 TWN 40N RNG 14E
Municipality
LAKE VIEW
Latitude
41.9749
Longitude
-87.6554
FIPS
17031
Mailing Carrier Code
C054
Mailing Street Direction
W
Mailing Full Street Address
1946 W LAWRENCE AVE
Mailing House Number
1946
Mailing Street Mode
AVE
Mailing Street
LAWRENCE
Mailing 4-Digit Zip Code
4010
Old APN
14-08-406-011-0000
Geo Status Code
unknown
Valuation
Timestamp
2024-02-01 21:51:31
UCID Flag
C
More About The Building
In total, the building area is listed as 6,000 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5050 North Sheridan Road is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Uptown area have a median price of $1,625. Those in the 25th percentile, have a price around $1,293. While those in the 75th percentile, have a price around $2,058. Typically, the buildings in this area have a median sqft of 700. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently a total of 61 studio listings. The median price for these types of listings is $1,095. That's $2.67 price per sqft.

  • There are currently a total of 91 one bedroom listings. The median price for these types of listings is $1,600. That's $2.46 price per sqft.

  • There are currently a total of 57 two bedroom listings. The median price for these types of listings is $2,200. That's $2.25 price per sqft.

  • There are currently a total of 17 three bedroom listings. The median price for these types of listings is $2,550. That's $2.29 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
5050 North Sheridan Road is located in Cook County, Illinois. There are 5,227,575 people living here. There are 1,951,606 households. Most of these households have an average family size of 3.43 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 36.1 years old. On average, most folks in the county are unmarried. About 35% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $56,902. Most folks will commute by car for around 32.6 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 22% and 15% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Chicago, IL - IN Urban Area has a population of 8,672,319 people. Based on census records, there are 3,153,810 registered households. Families in this area are on average made up of 3.4 people per household. Most folks are unmarried. They are also typically around 36.6 years old. Does diversity matter to you? Right now, 30% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 61.2%. Those employed, have a median income of $63,064. If you move here, you can expect to commute mostly by car for around 31.5 minutes.

$1,095
Studio Median Rent
$1,600
1BR Median Rent
$2,200
2BR Median Rent
$2,550
3BR Median Rent
PUBLIC TRANSIT
151
Sheridan & Winona (Under 500 ft - 3 min walk)
Chicago Transit Authority
151
Sheridan & Winona (Under 500 ft - 3 min walk)
Chicago Transit Authority
151
Sheridan & Argyle (Under 500 ft - 3 min walk)
Chicago Transit Authority
151
Sheridan & Foster (520 ft - 3 min walk)
Chicago Transit Authority
136
146
147
Foster & Sheridan (590 ft - 3 min walk)
Chicago Transit Authority

Nearby Schools

(within attendance boundary)
Goudy Technology Academy  •  0.15 mi
5120 N Winthrop Ave, Chicago, IL 60640
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
ASPIRA Charter - Haugan Campus  •  3.46 mi  
Charter
3729 W Leland Ave, Chicago, IL 60625
Public  •  Middle School  •  Grades 6 to 8
Chicago Public School District 299
Senn High School  •  1.14 mi
5900 N Glenwood Ave, Chicago, IL 60660
Public  •  High School  •  Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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