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Exceptional opportunity to own a townhome in one of Edgewater's most desirable locations-just steps from Loyola University, Lake Michigan, and the Granville Red Line station. This spacious residence offers three above-grade bedrooms and three-and-a-half bathrooms, plus a finished lower level featuring an additional bedroom/sleeping area, full bathroom, bonus room, laundry room, and mechanical room. The home was extensively updated in 2023 and is being offered fully furnished and equipped, providing a turnkey opportunity for either an owner-occupant or investor. It is currently operated as a licensed short-term rental and generated approximately $86,000 in rental income last year. Current-year bookings already exceed $94,000. The property is professionally marketed through Evolve and has earned more than 86 exceptional guest reviews, with an average rating of 4.95 out of 5. The existing rental listing may be transferable, subject to Evolve's policies and approval. Ideally located approximately 0.2 miles from the Granville Red Line station and 0.2 miles from Lake Michigan and the beach, with Loyola's campus, restaurants, shopping, cafes, and neighborhood amenities all nearby. A rare combination of location, flexibility, and proven income potential. Property configuration, lower-level room use, short-term rental licensing, future rental income, and listing transferability are subject to applicable requirements and should be independently verified by the buyer.
| DAYS ON MARKET | 70 | LAST UPDATED | 10/9/2026 |
|---|---|---|---|
| YEAR BUILT | 1959 | COMMUNITY | CHI - Edgewater |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| PRICE HISTORY | |
| Prior to Oct 9, '26 | $725,000 |
|---|---|
| Oct 9, '26 - Today | $699,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Stainless Steel Appliance(s), Washer |
| AREA | CHI - Edgewater |
| BASEMENT | Finished, Full, Sump Pump, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 2425 |
| PARKING | Gravel, Assigned |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 7475.42 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with GNP Realty Partners, LLC
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.