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Investment Highlights

  • RARE Live/Work Flex Condo for Sale - Flexible open layout with reception zone, workstation area, and conference table.
  • Parking garage spots and monument signage available.
  • On-site security and staffed entrance for enhanced safety.
  • Convenient access to CTA Red Line (14-minute walk) and Hollywood Beach (5–10 minutes).

Executive Summary

This property offers excellent connectivity, positioned within a short walk of CTA Red Line stations and moments from Lake Michigan beaches. With nearby retail, dining, and residential density, this office condo serves as an outstanding option for small businesses, professionals, or boutique practices seeking an established location with strong accessibility and amenities.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit C03
  • 1,000 SF
  • Office
  • $255,461 CAD ($255.46 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions Lease Option
Description
One-of-a-kind opportunity to own a fully approved live/work condo in the heart of Chicago's vibrant Edgewater neighborhood. This thoughtfully updated 1,000 SF space on the first floor of the iconic Hollywood Towers offers the ultimate in flexibility — use it as a private residence, a professional office, or seamlessly blend both.

Featuring an open-concept layout with a reception area, workstations, conference space, break room, and an in-suite restroom, the space is move-in ready with new flooring and fresh paint throughout. A 24-hour security attendant and controlled building access give you peace of mind whether you're sleeping in or seeing clients. Monument and suite door signage keep your brand visible to the 30 floors of neighbors above — a built-in audience for any business.

Step outside and you're minutes from Hollywood Beach and the lakefront trail (5–10 min walk), the CTA Red Line (6–14 min walk), restaurants, and the energy of one of Chicago's most walkable neighborhoods. Garage parking is also available.
Sale Notes
One-of-a-kind opportunity to own a fully approved live/work condo in the heart of Chicago's vibrant Edgewater neighborhood. This thoughtfully updated 1,000 SF space on the first floor of the iconic Hollywood Towers offers the ultimate in flexibility — use it as a private residence, a professional office, or seamlessly blend both.

Featuring an open-concept layout with a reception area, workstations, conference space, break room, and an in-suite restroom, the space is move-in ready with new flooring and fresh paint throughout. A 24-hour security attendant and controlled building access give you peace of mind whether you're sleeping in or seeing clients. Monument and suite door signage keep your brand visible to the 30 floors of neighbors above — a built-in audience for any business.

Step outside and you're minutes from Hollywood Beach and the lakefront trail (5–10 min walk), the CTA Red Line (6–14 min walk), restaurants, and the energy of one of Chicago's most walkable neighborhoods. Garage parking is also available.
Unit Unit Size Condo Use Price NOI
Unit C03 1,000 SF Office $255,461 CAD ($255.46 CAD/SF) -

Unit C03

Unit Size
1,000 SF
Condo Use
Office
Price
$255,461 CAD ($255.46 CAD/SF)
NOI
-

Unit C03

Unit Size 1,000 SF
Condo Use Office
Price $255,461 CAD ($255.46 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions Lease Option
Description
One-of-a-kind opportunity to own a fully approved live/work condo in the heart of Chicago&#39;s vibrant Edgewater neighborhood. This thoughtfully updated 1,000 SF space on the first floor of the iconic Hollywood Towers offers the ultimate in flexibility — use it as a private residence, a professional office, or seamlessly blend both.<br> <br> Featuring an open-concept layout with a reception area, workstations, conference space, break room, and an in-suite restroom, the space is move-in ready with new flooring and fresh paint throughout. A 24-hour security attendant and controlled building access give you peace of mind whether you&#39;re sleeping in or seeing clients. Monument and suite door signage keep your brand visible to the 30 floors of neighbors above — a built-in audience for any business.<br> <br> Step outside and you&#39;re minutes from Hollywood Beach and the lakefront trail (5–10 min walk), the CTA Red Line (6–14 min walk), restaurants, and the energy of one of Chicago&#39;s most walkable neighborhoods. Garage parking is also available.</li></ul>
Sale Notes
One-of-a-kind opportunity to own a fully approved live/work condo in the heart of Chicago&#39;s vibrant Edgewater neighborhood. This thoughtfully updated 1,000 SF space on the first floor of the iconic Hollywood Towers offers the ultimate in flexibility — use it as a private residence, a professional office, or seamlessly blend both.<br> <br> Featuring an open-concept layout with a reception area, workstations, conference space, break room, and an in-suite restroom, the space is move-in ready with new flooring and fresh paint throughout. A 24-hour security attendant and controlled building access give you peace of mind whether you&#39;re sleeping in or seeing clients. Monument and suite door signage keep your brand visible to the 30 floors of neighbors above — a built-in audience for any business.<br> <br> Step outside and you&#39;re minutes from Hollywood Beach and the lakefront trail (5–10 min walk), the CTA Red Line (6–14 min walk), restaurants, and the energy of one of Chicago&#39;s most walkable neighborhoods. Garage parking is also available.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 497,150 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 30
Typical Floor Size 16,571 SF
Year Built 1963
Lot Size 0.69 AC
Zoning Rm-6, Cook

Amenities

Site Amenities

  • Controlled Access
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Security System
  • Doorman
  • Dry Cleaning Service
  • On-Site Retail
  • Package Service
  • Wi-Fi
  • Storage Space
  • Elevator
  • Grocery Service
  • On-Site ATM
  • Key Fob Entry

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 541 - 850
Exceptionally walkable
90/100
Very drivable
80/100
Strong public transit
80/100
Exceptionally bikeable
90/100
  • Listing ID: 40598891

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 5701 N Sheridan Rd, Chicago, IL 60660

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