NOT LISTED FOR SALE

4553 S Michigan Ave Unit GE Chicago, IL 60653

Grand Boulevard Neighborhood

Estimated Value: $110,000 - $178,000

2 Beds
1 Bath
800 Sq Ft
10,803 Sq Ft Lot

Last Sold December 10, 2015

Last sale price $25,000 $31 Per Sq Ft

Est. 506% increase in value since last sale

Current estimated payment $955/month

Highlights

  • Wood Flooring
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

GARDEN/BASEMENT CONDO ON A TREE LINED STREET. HARDWOOD FLOORS IN LIVING AND DINING AREA. CARPET IN BEDROOMS. IN UNIT WASHER/DRYER. CLOSE TO TRANSPORTATION, 15 MINUTE TO DOWNTOWN. OWNER REQUIRES BACKGROUND CHECK, EVICTION CHECK AND CREDIT CHECK FOR ALL APPLICANTS 18 AND OVER. NO SMOKING, NO PETS, NO EVICTIONS, NO LANDLORD JUDGEMENTS, HOUSEHOLD INCOME MUST BE 3XS THE RENTAL AMOUNT OR MORE ($4200.00)

Last Agent to Rent the Property

Tennille Winfrey

Charles Rutenberg Realty License #475125588 Listed on: 11/27/2022

Charles Rutenberg Realty

Last Renter's Agent

Non Member

NON MEMBER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1906

Lot Details

  • 10,803

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 11/26/22
  • Rent includes water, scavenger, exterior maintenance, lawn care, snow removal

Community Details

Overview

  • 19 Units

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,905

Year Built

Built in 1906

Lot Details

0

Rental Info

  • Available Date: 2022-11-26
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1400

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: G
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: None
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Nov 11, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Banks Arnold
Seller's Agent
LaShandria Sanderson
Redfin Corporation
Buyer's Agent
Lynda Pierce
Charles Rutenberg Realty
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%
Current Estimated Value
$151,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,406
Avg. Annual Appreciation
19.97%

Purchase Details

Closed on
Mar 23, 2015
Sold by
Brice Trayce L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 8, 2003
Sold by
Aj 4549 Llc
Bought by
Brice Trayce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,824
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Banks Arnold $25,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- Servicelink
Brice Trayce L $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brice Trayce L $75,824
Closed Brice Trayce L $18,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2023 04/01/23 Rented $1,330 -5.0% --
03/02/2023 03/02/23 Under Contract -- -- --
02/15/2023 02/15/23 For Rent $1,400 0.0% --
01/24/2023 01/24/23 Under Contract -- -- --
11/27/2022 11/27/22 For Rent $1,400 +12.0% --
02/15/2016 02/15/16 Rented $1,250 0.0% --
02/13/2016 02/13/16 Off Market $1,250 -- --
12/26/2015 12/26/15 For Rent $1,250 0.0% --
12/10/2015 12/10/15 Sold $25,000 -16.4% $31 / Sq Ft View Prior Sale
10/30/2015 10/30/15 Pending -- -- --
10/28/2015 10/28/15 Price Changed $29,900 -25.1% $37 / Sq Ft
09/25/2015 09/25/15 For Sale $39,900 -- $50 / 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 $1,905 $9,916 $1,655 $8,261
2023 $1,857 $9,000 $1,655 $7,345
2022 $1,857 $9,000 $1,655 $7,345
2021 $1,815 $8,999 $1,654 $7,345
2020 $1,732 $7,773 $803 $6,970
2019 $1,722 $8,571 $803 $7,768
2018 $1,693 $8,571 $803 $7,768
2017 $1,766 $8,204 $661 $7,543
2016 $1,643 $8,204 $661 $7,543
2015 $1,503 $8,204 $661 $7,543
2014 $1,305 $7,031 $567 $6,464
2013 $1,279 $7,031 $567 $6,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11678690

Midwest Real Estate Data (MRED)

APN: 20-03-314-039-1009