North Shore Lakefront Living · Sheridan Road

Wilmette Lakefront Condo & Co-op Guide

A building-by-building comparison of seven condominium and cooperative buildings on Sheridan Road in Wilmette, along Lake Michigan — what each building offers, what it costs to own there, and what makes it different.

Scope: this guide covers seven Wilmette buildings, 1410 to 1630 Sheridan Road. It is not a survey of every lakefront building on the North Shore.

Cover of North Shore Lakefront Living: Wilmette's Sheridan Road Condo and Co-op Buildings, by Lisa Finks, Lourdes Arencibia and Carolyn Duris of Compass Low-resolution preview of one building page from the guide, with the cost details blurred

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The seven buildings

Which Sheridan Road buildings does the guide cover?

All seven are in Wilmette, on the lake side of Sheridan Road. Two are cooperatives and five are condominiums, according to MLS records.

Buildings covered in the Wilmette Lakefront Condo & Co-op Guide
BuildingVillageOwnership structure
1410 Sheridan RoadWilmette, IllinoisCooperative
1420 Sheridan RoadWilmette, IllinoisCondominium
1440 Sheridan RoadWilmette, IllinoisCondominium
1500 Sheridan RoadWilmette, IllinoisCondominium
1616 Sheridan RoadWilmette, IllinoisCondominium
1618 Sheridan RoadWilmette, IllinoisCondominium
1630 Sheridan RoadWilmette, IllinoisCooperative

What you can compare

One page per building, laid out the same way

Each building gets a single page in the same format, so the differences are easy to see side by side.

  • Condo or co-op. Whether you buy a deeded unit or shares in a cooperative corporation.
  • Building basics. Year built, number of units and number of stories.
  • Unit configurations. Bedroom counts, multi-level units where they exist, balconies or sun rooms, fireplaces.
  • Heating and cooling. Gas, electric or radiant heat; central or wall-unit air conditioning.
  • Amenities and services. Doorman, valet, security, fitness and party rooms, guest units, on-site management.
  • Parking and storage. Indoor parking and storage lockers.
  • Pet policies. Whether pets are allowed, and any limits.
  • Financing restrictions. Where a building limits mortgages or sets income requirements.
  • Assessments and taxes. Typical monthly assessment ranges, and whether real estate taxes are billed separately or included.
  • Beach, pool and outdoor space. Beach access, pools, sun decks and grilling areas.

Condo or co-op

What changes for a buyer when a Sheridan Road building is a co-op?

In a condominium you buy a deeded unit and a share of the common elements, and the unit receives its own property tax bill. In a cooperative you buy shares in the corporation that owns the building, and the monthly assessment usually covers the building's real estate taxes as well as operating costs.

That difference shows up in three places buyers notice: the monthly figure looks higher in a co-op because taxes are inside it; a co-op board typically reviews and approves each purchaser; and some co-ops restrict or limit financing, which can mean a cash purchase or higher income requirements. The guide notes, building by building, where these rules apply.

General information only — not legal or financial advice. Each building's governing documents and board are the authority on its rules.