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Bluewater 5440 Gets Approval, More Condos Planned

The Chicago Plan Commission earlier this month approved plans for a 15-story, 187 unit building with 329 parking spaces to be developed at 5440 N Sheridan in the Edgewater neighborhood of Chicago. This is an increase of the original plan for a 14-story, 179 unit building. Units are expected to sell for between $160,000 for a studio to $1.2M for a penthouse. According to Bluewater 5440’s website, this development will also be eco-friendly.
As many know, this site was formerly the home of the Lakeside Motel, which was demolished in 2005:


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