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$699,900 Just Listed
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Property Description
Rarely available, approximately 1,840-square-foot three-bedroom end-unit residence in Optima Towers-one of just 18 three-bedroom residences in this 103-unit building. Ideally located in the heart of downtown Evanston with north and east exposures overlooking Fountain Square. This light-filled fourth-floor home features floor-to-ceiling windows, approximately 9-foot ceilings, a desirable split-bedroom floor plan, wood laminate flooring throughout, and an oversized private balcony perfect for grilling, outdoor dining, and entertaining. The kitchen offers ample cabinetry, granite countertops, and easy access to the private balcony just steps away. The spacious primary suite features a large walk-in closet and an ensuite bath with dual vanities, a soaking tub, and a separate shower. Two additional bedrooms, a second full bath, and a spacious laundry/utility room are complemented by two separate walk-in storage closets, one conveniently located near the kitchen and ideal for use as a pantry or additional household storage, providing exceptional storage seldom found in downtown condominium living. Two heated indoor parking spaces are included. Residents enjoy a secure lobby, fitness center, indoor pool, hot tub, and a pet-friendly building. Recent capital improvements include the installation of new HVAC make-up air units and replacement of the pool room dehumidification system. Enjoy the best of downtown Evanston living just steps from restaurants, shopping, Northwestern University, Metra, CTA, and Lake Michigan.
Full Property Details
Full Property Details for 1580 Sherman Ave #405
General
- Price: $699,900
- HOA FEE: $1,195/month
- Taxes: $9,265 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12692199
- Updated: 7/14/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Elevator in Residence, Exercise Room, Health Club, Receiving Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Heated Garage, Yes, Attached, Garage
Location
- Area: Evanston
- County: Cook
- Township: Evanston
- Driving Directions: Located on the west side of Sherman, just south of Davis street.
School Information
- School District: 65
- Elem School District: 65
- Midd School District: 65
- High School District: 202
- High School: Evanston Twp High School
- Private School: Evanston Twp High School
Community
- Assoc. Fees Include: Water, Gas, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: NS MANAGEMENT
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Glass, Concrete
- Exterior Const.: Glass, Concrete
- Basement Desc.: None
- Entry Floor Number: 4
- Stories/Levels: 13
- Square Feet: 1,839
- Sq. Ft. Source: Builder
- Year Built: 2001
Unit Information
- Units in Building: 103
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $1,195
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2001
- Tax Amount: $9,265.67
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 11183110431015
Listed by Baird & Warner
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Schools
Schools serving 1580 Sherman Ave #405
School Districts:Evanston Community Consolidated School District 65, Evanston Township High School District 202
| Name | Grades | Distance |
|---|---|---|
Dewey Elementary School, Evanston, IL 1551 Wesley Avenue, Evanston, IL 60201 | K-5 | 0.5 mi |
Nichols Middle School 800 Greenleaf Street, Evanston, IL 60202 | 6-8 | 0.6 mi |
Evanston Twp High School 1600 Dodge Avenue, Evanston, IL 60201 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1580 Sherman Ave #405
Date
Details
Price
Change
Source
7/14/2026
Listed
$699,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1580 Sherman Ave #405
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,964
—
$59,546
38%
2023
$8,964
-4%
$42,997
-7%
2022
$9,333
-3%
$46,333
10%
2021
$9,598
—
$42,162
—
2020
$9,577
2%
$42,162
-9%
2019
$9,357
-2%
$46,109
12%
2018
$9,580
2%
$41,151
—
2017
$9,359
—
$41,151
—
2016
$9,331
14%
$41,151
17%
2015
$8,214
-2%
$35,132
—
2014
$8,344
3%
$35,132
—
2013
$8,130
-7%
$35,132
-13%
2012
$8,756
—
$40,375
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1580 Sherman Ave #405
1580 Sherman Avenue #405, Evanston, IL 60201 (MLS# 12692199) is a Condo property with 3 bedrooms and 2 full bathrooms. 1580 Sherman Avenue #405 is currently listed for $699,900 and was received on July 14, 2026. Want to learn more about 1580 Sherman Avenue #405? Do you have questions about finding other Condo real estate for sale in Evanston? You can browse all Evanston real estate or contact a Coldwell Banker agent to request more information.

