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About this home
RARE DOWNTOWN EVANSTON FIND! 3 BEDROOMS, 2 BATHS, 2,100 SQ. FT., UPDATED OPEN KITCHEN, HEATED GARAGE PARKING, ELEVATOR BUILDING. PRICED UNDER $450,000! Big space. Great location. Incredible value. This one-of-a-kind "developer's" unit occupies the entire northern wing of the fifth floor and offers a spacious, open layout you won't find every day. The impressive 40-foot-wide living and entertaining space seamlessly connects the living room, dining room, and updated open kitchen, making it perfect for everyday living and entertaining. Enjoy 3 generous bedrooms, 2 full bathrooms, a huge primary bedroom, and tons of storage. Multiple exposures fill the home with natural light, creating a bright and peaceful retreat in the heart of downtown Evanston. The value gets even better: HOA fees include ELECTRICITY & PROPERTY TAXES. Located just steps from shopping, restaurants, coffee shops, and public transportation, this professionally managed building puts everything downtown Evanston has to offer right outside your door.
Downtown Evanston, located between Lake Michigan and the North Shore Channel, is a lakefront and transit-oriented Evanston neighborhood with a walkable street grid and a skyline of mid-rise towers. The neighborhood’s character concentrates around Sherman Avenue and Davis Street, where indie boutiques, coffee counters, and late-night bites spill out beneath theater marquees. The SPACE, the Evanston Art Center, and the historic Evanston Theatre anchor the cultural calendar. Brick courtyard apartments and newer glass-and-steel buildings share blocks with restored storefronts. The Davis CTA station and Metra platforms set a commuter rhythm, while the lakefront parks pull the streets eastward. Sidewalk patios and gallery windows keep the pace urban without losing the college-town edge.
Provided by Walk Score and Local Logic
Market insights
1585 Ridge Ave #505 · $449,000
SALE-TO-LIST
101.2%
Most homes are selling 1% above list price.
LIST PRICE
$449,000
Median sale price in this area is $334,435. (26% lower than this home)
PRICE DROP
0 price drops
11% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in features
Storage
6 total rooms
Combined dining and living area
Bedrooms
3 bedrooms (all on the main level)
Master bedroom on the main level
Bathrooms
2 full bathrooms
Kitchen
Updated kitchen with granite counters and custom cabinetry
Eating area / breakfast bar
Range
Microwave
Dishwasher
Refrigerator
Stainless steel appliances
Laundry & utility
Laundry in common area
Flooring
Hardwood flooring throughout
Heating & cooling
Steam heating with radiators
Wall unit cooling
Exterior features
Common lot area
Home design
Attached single in a high-rise (7+ stories)
Entry level is 5
Co-op ownership
Parking
Attached garage (heated) with garage door opener
Garage owned
Circular asphalt driveway
Total of 1 parking space (1 garage space)
Security
Security door locks
Construction
Brick construction
Rubber roof
Building age approximately 71–80 years
Utilities
Lake Michigan and public water
Public sewer
Electric service with circuit breakers
HOA & community
Monthly association fee of $1,880
Association fee includes heat, water, electricity, parking, taxes, insurance, exterior maintenance, lawn care, scavenger, and snow removal
Amenities include service elevators, elevators, laundry, patio, and security door locks
Managed by off-site manager
Pets not allowed
Financial info
Co-op ownership (not currently leased)
Other
Approximately 2,131 finished square feet (estimated total)
Built before 1978
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Cook County
APN
11183080010000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jun 3, 2026.
R6
General Residential District
The R6 general residential district is intended to provide for high density residential development of primarily multiple-family dwellings particularly in and around the downtown area.