NOT LISTED FOR SALE

4548 S Prairie Ave Unit 3 Chicago, IL 60653

Grand Boulevard Neighborhood

Estimated Value: $237,000 - $329,000

2 Beds
2 Baths
1,493 Sq Ft
$434/mo HOA Fee

Last Sold September 07, 2022

Last sale price $255,000 $171 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,154/month

3 Days on Market

Highlights

  • Penthouse
  • 4-minute walk to 47Th Street Station (Green Line)
  • Lock-and-Leave Community
  • Open Floorplan
  • Landscaped Professionally
  • Deck

About This Home

As of September 2022

Bronzeville Meticulous Penthouse, Massive Sprawling 22 ft Wide 1493 Square foot PLUS Expansive 2 bedroom + Office 2 bath Set in Intimate Boutique Well located Walk Up. Exudes Pride of Ownership. Offers an Exceptional Opportunity with Unparalleled Value. Intelligent Balanced Floorplan Fully Appointed Professional Eat In Kitchen, All Stainless Appliances,Granite Countertops, Full Separate Formal Dining Room, Sequestered Primary Suite, Frameless Glass Shower, Whirlpool, Double Vanity, Separate Stand up Over Sized Shower, Guest Bath contemporary jade vessel bowl sink with mounted faucet, Designer Lighting and Medicine/ Mirror. Walk in Closets, Completely Organizer Outfitted, Premium Window Treatments, Decora Dimmer Switches, Full Size Laundry Center, Significant Front Terrace Perfect for Entertainment with 2nd Enormous RearDeck Strategically Located for Gas Grilling completes this Oasis of Serenity. HWA Home Warranty included in sale. AAA Caliber HOA Professionally Managed. Hyper Convenient to Green Line, Lakefront, U of C, and Retail. Shows like a model. 1 deed secured parking space, storage locker included in Purchase Price. **Please see brokers private remarks about property tax reduction in detail outlining and estimated more than 50% reduction to current **

Last Agent to Sell the Property

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 08/05/2022

Co-Listed By

Staci Slattery

North Clybourn Group, Inc. License #471017646

Last Buyer's Agent

Karmen Spears

POWER Realty Chicagoland,PLLC License #471020930

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,396

Year Built

  • Built in 1892 | Remodeled in 2022

Lot Details

  • Landscaped Professionally
  • Additional Parcels

HOA Fees

  • $434 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,493 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ventless Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Parking Space
  • Off Alley Driveway
  • Secured Garage or Parking
  • Automatic Gate
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck
  • Terrace

Schools

  • Mollison Elementary School
  • Phillips Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units
  • Paul Crump Association, Phone Number (312) 373-0260
  • Bronzeville Subdivision
  • Property managed by Crumo Realty Group
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,396

Year Built

Built in 1892 | Remodeled in 2022

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: Bronzeville
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Intercom
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Ventless
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1493
  • Other Equipment: TV-Cable, Security System, Intercom, CO Detectors
  • Room Type: Terrace, Deck, Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Square Footage Comments: Square footage does not include the 2 massive decks
  • Total Sq Ft: 0
  • Window Features: All,Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 249900
  • Lot Features: Landscaped
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Street, Motorized Gate, Secured
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 434
  • Association Amenities: Storage, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Crumo Realty Group
  • Management Contact Name: Paul Crump
  • Management Phone: 312-373-0260
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Mollison Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7396.36
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 2, 2022
Sold by
Home Suite Home Llc
Bought by
Herron-July Kaimara
Seller's Agent
Karen Biazar
North Clybourn Group, Inc.
Buyer's Agent
Karmen Spears
POWER Realty Chicagoland,PLLC
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Views
2
Current Estimated Value
$264,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,944
Avg. Annual Appreciation
1.23%
Original Mortgage
$242,250
Outstanding Balance
$231,217
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$33,727

Purchase Details

Closed on
Jul 11, 2011
Sold by
Mickelson Brothers Ii Llc
Bought by
Home Suite Home Llc

Purchase Details

Closed on
Apr 28, 2010
Sold by
Mickelson Julian
Bought by
Mickelson Brothers Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,190
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Mickelson Julian

Purchase Details

Closed on
Mar 13, 2008
Sold by
Washington
Bought by
Deutsche Bank Trust Co Americas and Saxon Mortgage Services Inc

Purchase Details

Closed on
Sep 12, 2003
Sold by
4548 S Prairie Llc
Bought by
Washington Arckey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Tharpe Mario D
Bought by
4548 S Prairie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Mead Constance H
Bought by
Tharpe Mario D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herron-July Kaimara $255,000 Prairie Title
Home Suite Home Llc -- None Available
Mickelson Brothers Ii Llc -- Ticor
Mickelson Julian $20,500 1St American Title
Deutsche Bank Trust Co Americas -- None Available
Washington Arckey $200,000 Pntn
4548 S Prairie Llc -- --
Tharpe Mario D $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herron-July Kaimara $242,250
Previous Owner Mickelson Brothers Ii Llc $231,190
Previous Owner Washington Arckey $180,000
Previous Owner 4548 S Prairie Llc $331,000
Previous Owner Tharpe Mario D $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $255,000 +2.0% $171 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $249,900 -- $167 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,955 $25,337 $4,316 $21,021
2023 $4,539 $22,000 $4,316 $17,684
2022 $4,539 $22,000 $4,316 $17,684
2021 $4,437 $21,999 $4,315 $17,684
2020 $7,160 $32,139 $2,096 $30,043
2019 $7,120 $35,437 $2,096 $33,341
2018 $7,000 $35,437 $2,096 $33,341
2017 $3,382 $15,709 $1,726 $13,983
2016 $3,539 $17,671 $1,726 $15,945
2015 $3,238 $17,671 $1,726 $15,945
2014 $2,064 $11,122 $1,479 $9,643
2013 $2,023 $11,122 $1,479 $9,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11485131

Midwest Real Estate Data (MRED)

APN: 20-03-315-043-1003