1950 Sheridan RD #105 Highland Park, IL 60035 Active Under Contract

UPDATED: 08/11/2025 09:34 PM ON MARKET: 83 days on market

$190,000

2 Beds1.5 Baths1,136 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,136 sqft

Price per Sqft $167

MLS Listing ID 12410617

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $110/mo

Rental Info Yes

Year Built 2025

Tax Year 2024

Lot Dimensions COMMON

Property Sub-Type Condo

Property Description

NO CALLS. Seeing this condo is part 2 of the process. Part 1 is getting approved through CPAH. In order to do that you need to attend the September 9 info session. Read all information below for qualifying criteria. There is a very specific income range required to be eligible for this unit. All buyers must attend the required virtual info session on September 9 before beginning the pre-qualification process. This condo is part of an affordable housing program and is not sold through a traditional process. Buyer must qualify through Community Partners for Affordable Housing (CPAH) for the City of Highland Park's Inclusionary Housing Program. 80% Area Median Income limits apply (e.g., $76,750 for a 2-person household; $86,350 for a 3-person household). Minimum income is approximately $68,000 with 3.5% down, depending on financing. Showings are only permitted after the buyer has attended the info session and been prequalified through CPAH. CPAH will contact us directly with the buyer's name once they are approved for a showing. If still interested after viewing, the buyer may proceed with mortgage steps. Ownership is structured differently than a traditional sale and will be explained during the info session. This luxury 2 bed/1.5 bath condo is located in Park Sheridan, a boutique elevator building in downtown Highland Park-steps from the lake, parks, shops, dining, and Metra. Features include access to a residents' clubroom, outdoor lounge with grilling area, and beautifully designed common spaces. Unit includes one regular parking space plus a tandem space, and a private storage locker in the garage.


Listed by Shari Saratovsky of  Diplomat Realty, Inc.  • Shari@diplomatrealty.com 773-729-2300 847-606-6077