Edgewater Beach Homes under $500,000

Welcome to Edgewater Beach, a vibrant and picturesque neighborhood located on the scenic shores of Lake Michigan in Chicago, Illinois. Known for its stunning waterfront views, beautiful parks, and a strong sense of community, Edgewater Beach is the perfect blend of urban convenience and natural beauty.

This charming neighborhood boasts a rich tapestry of history, with tree-lined streets and an eclectic mix of architecture that includes vintage bungalows, modern condos, and elegant single-family homes. One of the most appealing aspects of Edgewater Beach is the accessibility to homes priced under $500,000, making it an attractive option for first-time homebuyers, young professionals, and families looking for affordability without sacrificing quality of life.

Residents of Edgewater Beach enjoy an array of amenities, including local boutiques, trendy cafes, and diverse dining options that cater to every palate. The neighborhood is also home to several parks, such as the beautiful Edgewater Beach Park, where you can spend sunny afternoons relaxing by the lake or taking leisurely strolls along the shoreline.

With excellent public transportation options, including access to the Red Line and numerous bus routes, commuting to downtown Chicago is a breeze. Additionally, the neighborhood is known for its strong sense of community, with various events and gatherings that foster connections among residents.

If you’re searching for a welcoming community with affordable housing options and a breathtaking lakeside lifestyle, Edgewater Beach is the perfect place to call home. Come and discover the charm of this hidden gem in the heart of Chicago!

Newest Edgewater Beach Homes under $500,000

5445 N Sheridan Road Unit #2803, Chicago

$220,000

1 Beds ⋅ 1 Baths ⋅ 12792364 MLS ⋅ NEW Status

WONDERFULLY LARGE 1BR/1BA IN FULL AMENITY BUILDING ON THE LAKE WITH TRANSPORTATION AT THE DOOR. GORGEOUS WESTERN/SUNSET VIEWS. BLDG FEATURES 24 HOUR DOORMAN, TENNIS COURTS, POOLS AND HEALTH CLUB. WAIT LIST FOR PRKG. CLOSE TO SHOPPING (WHOLE FOODS AND MARIANO'S) , DINING, LOYOLA UNIVERSITY, FOSTER BEACH, BIKE AND RUNNING PATHS AND TRANSPORTATION (EXPRESS BUSES AND RED LINE). No Rental Cap - great for investors.

5445 N Sheridan Road Unit #2803, Chicago

$199,900

1 Beds ⋅ 1 Baths ⋅ 12792341 MLS ⋅ NEW Status

Beautifully Renovated Condo with Lake Michigan Views - Steps from Loyola University! Welcome to this just recently renovated 7th-floor, one-bedroom condo offering lovely Lake Michigan views and an exceptional location in Chicago's desirable Edgewater neighborhood! This move-in-ready home has been thoughtfully updated throughout, featuring a beautifully remodeled kitchen with quartz countertops and stainless steel appliances , a modern bathroom, brand-new windows, and new air-conditioning units. Enjoy the comfort of an updated interior along with beautiful lake views! Location is everything! Just a short walk from Loyola University's Lake Shore Campus and nearby student residences, this property offers the added benefit of Loyola University's Campus Safety patrols throughout the surrounding campus neighborhood. Enjoy easy access to Lake Michigan beaches, beautiful lakefront parks, walking and biking paths, restaurants, coffee shops, grocery stores, and shopping. With the CTA Red Line and multiple bus routes nearby, commuting throughout Chicago couldn't be more convenient. The building offers secured entry, elevators, storage, laundry facilities, and bicycle storage. Monthly assessments covers heat, gas, water, cable TV/Cable, internet, common insurance, exterior maintenance, lawn care, and snow removal. Whether you're looking for a comfortable place to call home or an opportunity to enjoy Chicago's vibrant lakefront lifestyle, this beautifully updated condo offers the perfect combination of style, convenience, and location! Don't miss this opportunity to make it yours!

6300 N Sheridan Road Unit #712, Chicago

$335,000

1 Beds ⋅ 1 Baths ⋅ 12792668 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

$325,000

2 Beds ⋅ 2 Baths ⋅ 12792263 MLS ⋅ NEW Status

Welcome to 6157 N Sheridan Rd! This beautifully renovated 2-bedroom, 2-bathroom lakefront condo combines modern updates, comfortable living, and exceptional value. The entire unit has been renovated, offering a refreshed living space with thoughtful improvements throughout. A standout feature is the brand-new, upgraded HVAC vertical fan coil units, providing an enhanced heating and cooling system that sets this unit apart from the standard systems found throughout the building. Unlike the typical hotel-style heating and cooling systems commonly found in many nearby Sheridan Road buildings, this upgraded system offers a distinct advantage for buyers seeking modern comfort and improved climate control. The kitchen is equipped with a range, dishwasher, refrigerator, and freezer, while the building offers convenient amenities, including on-site parking, a bike room, and on sight private storage areas. With its comprehensive renovations, upgraded HVAC system, and practical amenities, this lakefront condo presents an excellent opportunity to enjoy comfortable city living with breathtaking views of Lake Michigan. Don't miss the chance to own an updated home with heating and cooling upgrades that distinguish it from other nearby offerings.

6157 N Sheridan Road Unit #6G, Chicago

$399,000

2 Beds ⋅ 2 Baths ⋅ 12778564 MLS ⋅ NEW Status

Wake up to breathtaking views of Lake Michigan and the Chicago skyline in this beautifully renovated 2-bedroom, 2-bath condo, perfectly located just steps from the beach and the lakefront trail. This spacious home features an open layout with a private balcony overlooking the water, a brand-new kitchen with modern cabinets, stone countertops, and stainless steel appliances, luxury flooring throughout, fully updated bathrooms with elegant contemporary finishes. The full-service building offers an impressive list of resort-style amenities, including two swimming pools (indoor and outdoor), saunas, a fully equipped fitness center, tennis and racquetball courts, a party room, library, billiard room, convenience store, and valet parking. Residents also appreciate the security and convenience of a 24-hour doorman, on-site management, and a dedicated maintenance staff. This pet-friendly community even includes its own outdoor pet run. Garage parking is available for $ per month. Located in the heart of Edgewater, this home offers unbeatable access to the best of Chicago's lakefront lifestyle. Enjoy being steps from Hollywood Beach, the Lakefront Trail, and Berger Park, with nearby grocery stores like Whole Foods, Mariano's, and Target. Explore the lively shopping, dining, and nightlife of Andersonville, or commute easily via the nearby CTA Red Line (Granville or Bryn Mawr stations), express buses, or Lake Shore Drive. Loyola University Chicago is just minutes away. Live where the lake meets the city - surrounded by comfort, convenience, and Chicago charm

6033 N Sheridan Road Unit #11G, Chicago

5445 N Sheridan Road Unit #3211, Chicago

$225,000

1 Beds ⋅ 1 Baths ⋅ 12789610 MLS ⋅ NEW Status ⋅ Edgewater Plaza BLDG.

Rarely available, high-floor luxury living with sweeping, unobstructed city views from the 32nd floor of Edgewater Plaza. This completely remodeled 1-bedroom, 1-bath home showcases rich pre-finished oak hardwood floors throughout an open-concept layout designed for effortless entertaining. The chef-inspired kitchen features 42-inch custom cabinetry, pristine white quartz countertops, a glass subway tile backsplash, under-cabinet lighting, Maytag stainless steel appliances, and a generous island breakfast bar. The updated bathroom has a newer vanity, updated lighting, and clean tile design. The oversized bedroom has the same beautiful wood flooring and a brand-new closet! Enjoy excellent closet space throughout, plus an additional assigned storage locker in the building. The unit has thermostat-controlled heat and a/c along with custom roll-down shades. The daily sunset views are truly amazing. Full-amenity living includes 24-hour door staff, a landscaped sundeck with common grills, a tennis court, and an expansive party room. Residents also enjoy reciprocal access to the indoor pool and updated fitness center at 5415 N Sheridan, as well as seasonal outdoor pool access at 5455 N Sheridan (fees apply). Exceptional value with heat, A/C, high-speed internet, and Comcast cable all included in the monthly assessment. Unbeatable Edgewater location just steps to the lakefront trail, park, and beach, two blocks to the Bryn Mawr and Berwyn Red Line CTA stops, and an easy walk to Mariano's, Jewel-Osco, dining, and nightlife. Investors welcome.

5445 N Sheridan Road Unit #3211, Chicago

$159,200

1 Beds ⋅ 1 Baths ⋅ 12789228 MLS ⋅ ACTIVE Status

6300 N Sheridan Road Unit #717, Chicago

5555 N Sheridan Road Unit #1508, Chicago

$385,000

2 Beds ⋅ 1 Baths ⋅ 12788966 MLS ⋅ ACTIVE Status ⋅ Edgewater Beach Apts BLDG.

This elegant 2-bedroom | 1-bathroom apartment at the EBA has been beautifully restored and features unique and thoughtful touches not found in other apartments. Discerning buyers will appreciate everything from the custom updated kitchen and the all-marble bathroom to the added millwork and ambient lighting. The gracious living room has room enough to host large gatherings, while the bay window invites in natural light and frames beautiful sunsets. There is a partial wall between the living room and dining to create some separation while still having a sense of openness. The galley kitchen was joined with the adjacent storage area creating space for additional cabinets and a small cafe table or desk. The kitchen has custom cabinets, Blue Pearl countertops and SS appliances. The primary bedroom has two large closets, space for a king bed and beautiful, sunny views. The second bedroom features custom bookcases and is currently used as an office. The all-marble bathroom has a barrier-free shower and custom vanity. You will find hardwood floors throughout, plaster walls and updated wiring. Enjoy a beautiful apartment in aMonthly assessments include property taxes, heat, cable, Internet, cooking gas, water, use of all amenities and a contribution to the reserve fund. The EBA is a co-op building that requires a minimum of 10% down. Leased parking is available for $120/month. Sorry, dogs are not allowed. 115 shares. Enjoy the lakefront bike path and beaches, Bryn Mawr Historic District, Andersonville & easy public transportation.

5555 N Sheridan Road Unit #1508, Chicago

6171 N Sheridan Road Unit #2104, Chicago

$150,000

1 Beds ⋅ 1 Baths ⋅ 12783659 MLS ⋅ ACTIVE Status

Granville Beach Condominiums - offering this great 1 bedroom 1 bath unit in this amenity building just steps from Lake Michigan. Hard surface flooring throughout and large south-facing windows, makes this space feel bright and open. With a separate dining space off the kitchen, entertaining is made easy. The nicely updated kitchen and bathroom make it truly move in ready. Monthly HOA includes heat, water, cable, internet, and all building common amenities; 24-hour door staff, fitness center, sundeck, party room, laundry facilities, and additional storage.

6171 N Sheridan Road Unit #2104, Chicago

$120,000

1 Beds ⋅ 1 Baths ⋅ 12787035 MLS ⋅ ACTIVE Status

Move-in-ready corner unit! Northeast, clean 1 bedroom condo with lakefront views! Kitchen upgrades include ceramic tile floors, stainless steel refrigerator, dishwasher, and mosaic tile backsplash. Newer bathroom vanity & ceramic floors. Plenty of closet Space. Storage locker included; parking available for rent. TV cable, water & heat included in HOA. Perfect location! Just steps to the lakeshore, the CTA & Loyola. Valet parking available for $145/month. Pet-friendly building. Building is not FHA-approved.

6301 N Sheridan Road Unit #3D, Chicago

$397,900

3 Beds ⋅ 2 Baths ⋅ 12786607 MLS ⋅ ACTIVE 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

5415 N Sheridan Road Unit #4407, Chicago

$164,900

1 Baths ⋅ 12786282 MLS ⋅ ACTIVE Status ⋅ Park Tower BLDG.

Edgewater Beach. Rarely available. 44th floor. Luxury high rise building. Experince the spectacular lake and north views of the city. Spacious studio. May be converted to a junior one bedroom. Laminate floor throughout. Open kitchen with white kitchen cabinets. Join the gym with an indoor pool. Short distance to shops and restaurants. Public transportation outside your door. Park and lake almost your back yard. Valet garage parking available for a fee. Short distance to Loyola University Chicago. Washer/dryer may be installed in the unit. No pets. Restrictions on rentals.

5415 N Sheridan Road Unit #4407, Chicago

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Edgewater Beach Homes under $500,000

Newest Edgewater Beach Homes under $500,000

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