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$499,000 -$50,000 (-9.11%) Price Reduced
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Property Description
This exceptional co-op is located in the historic Ridge-Davis building in the heart of downtown Evanston. As the largest unit in the building, measuring at over 2100 sqft, this three-bedroom, two-bath residence occupies the entire northern wing and offers an impressive forty-foot-wide living space with both eastern and western exposures, allowing for abundant natural light and refreshing cross breezes. A spacious foyer with custom wood flooring that continues throughout the unit, welcomes you into the expansive main living area, which seamlessly combines the living room, dining room, and open kitchen. The kitchen features a peninsula with barstool seating, 42-inch cherry cabinetry, stainless steel appliances, and granite countertops, perfect for both everyday living and entertaining. The oversized primary bedroom includes additional space ideal for a home office or sitting area, while two more bedrooms and two full bathrooms complete the layout. Storage is plentiful throughout the unit, with the added benefit of two private storage lockers conveniently located just outside the back door. Sunlight fills the home from multiple exposures, creating a serene retreat above the vibrant energy of downtown Evanston. Ideally situated just steps from shopping, dining, and public transportation, this home offers both comfort and convenience. Additional highlights include a heated garage parking space, a well-maintained building with a spotless laundry room, and a shared patio just outside the rear entrance.
Full Property Details
Full Property Details for 1585 Ridge Ave #505
General
- Price: $499,000
- HOA FEE: $1,880/month
- Taxes: $5,304 (2024)
- Status: Active
- Type: Co-op
- Source: MRED
- MLS ID: 12616311
- Updated: 6/14/2026
- Added to Site: 11 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Built-in Features
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Security Door Lock(s), Service Elevator(s), Laundry, Elevator(s), Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Asphalt, Circular Driveway, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: Evanston
- County: Cook
- Township: Evanston
- Driving Directions: Southeast corner of Davis and Ridge
School Information
- School District: 65
- Elem School District: 65
- Midd School District: 65
- High School District: 202
- Elementary School: Dewey Elementary School
- Middle School: Nichols Middle School
- High School: Evanston Twp High School
- Private School: Evanston Twp High School
Community
- Assoc. Fees Include: Heat, Water, Electricity, Parking, Taxes, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Mgmt. Company: NSN Property Management
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Steam, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Roof: Rubber
- Sub-Flooring: Hardwood
- Entry Floor Number: 5
- Stories/Levels: 7
- Square Feet: 2,131
- Sq. Ft. Source: Estimated
- Year Built: 1949
- Built Before 1978: Yes
Unit Information
- Units in Building: 80
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Association Fee: $1,880
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1949
- Tax Amount: $5,304
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Co-op
- Property ID: 11183080010000
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Schools
Schools serving 1585 Ridge Ave #505
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 | 0.2 mi |
Nichols Middle School 800 Greenleaf Street, Evanston, IL 60202 | 6-8 | 0.7 mi |
Evanston Twp High School 1600 Dodge Avenue, Evanston, IL 60201 | 9-12 | 0.6 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 1585 Ridge Ave #505
Date
Details
Price
Change
Source
6/14/2026
Price Reduced
$499,000
-9.11%
MLS
6/04/2026
Listed
$549,000
—
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 1585 Ridge Ave #505
Year
Property Taxes
Change
Tax Assessment
Change
2023
$73,150
—
$580,252
15%
2023
$73,150
15%
$505,590
—
2022
$63,832
53%
$505,590
45%
2021
$41,720
-23%
$348,367
—
2020
$53,935
44%
$348,367
—
2019
$37,544
47%
$348,367
22%
2018
$25,488
-9%
$286,486
—
2017
$27,894
-28%
$286,486
—
2016
$38,668
-2%
$286,486
1%
2015
$39,432
-1%
$282,386
—
2014
$39,671
-39%
$282,386
—
2013
$65,356
2%
$282,386
-10%
2012
$64,384
—
$313,321
—
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 1585 Ridge Ave #505
1585 Ridge Avenue #505, Evanston, IL 60201 (MLS# 12616311) is a Co-op property with 3 bedrooms and 2 full bathrooms. 1585 Ridge Avenue #505 is currently listed for $499,000 and was received on June 04, 2026. Want to learn more about 1585 Ridge Avenue #505? Do you have questions about finding other Co-op real estate for sale in Evanston? You can browse all Evanston real estate or contact a Coldwell Banker agent to request more information.

