NOT LISTED FOR SALE

4553 W 56th St Unit 204 Chicago, IL 60629

West Elsdon Neighborhood

Estimated Value: $181,000 - $211,000

2 Beds
2 Baths
1,100 Sq Ft
$199/mo HOA Fee

Last Sold February 10, 2022

Last sale price $150,000 $136 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,363/month

12 Days on Market

About This Home

As of February 2022

Come see this very well kept unit near Midway Airport. The unit welcomes to a nice open concept, great for gatherings and entertaining. This large unit features two bedrooms and two full bathrooms, in-unit laundry plus an office space that can be use as a third bedroom because it can easily fit a twin size bed plus a dresser or simply use it as extra storage space. Seller has maintained the unit in great condition, all windows were replaced 4 years ago by the Midway Airport Sound Insulation Program. You will not regret it, this is a very desirable area. Live-in or add it to your rental portfolio. Low taxes, low HOA, close to transportation, and much more!

Last Agent to Sell the Property

Claudia Hernandez

RE/MAX Mi Casa License #475172310 Listed on: 12/04/2021

RE/MAX Mi Casa

Last Buyer's Agent

Sonia Anaya

America Real Estate License #471003658

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,839

Year Built

  • 1974

Lot Details

  • 0.8

HOA Fees

  • $199 per month

Home Design

  • Brick Exterior Construction

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,839

Year Built

1974

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Directions: 55TH ST TO KOLMAR then SOUTH TO 56TH ST
  • Lot Size: 50 X 125
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Other Room
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee: 199
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Multi Family

  • Units in Building: 6

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 726.62
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 10, 2022
Sold by
Leon Patricia
Bought by
Mendez Ana K and Brizuela Dioselina Jimenez
Seller's Agent
Claudia Hernandez
RE/MAX Mi Casa
Buyer's Agent
Sonia Anaya
America Real Estate
List Price
$168,000
Sold Price
$150,000
Premium/Discount to List
-$18,000
-10.71%
Current Estimated Value
$191,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,225
Avg. Annual Appreciation
6.78%
Original Mortgage
$6,000
Outstanding Balance
$5,582
Interest Rate
3.55%
Mortgage Type
Stand Alone Second
Estimated Equity
$185,643

Purchase Details

Listed on
Dec 4, 2021
Closed on
Feb 4, 2022
Sold by
Leon Patricia
Bought by
Mendez Ana K and Brizuela Dioselina Jimenez
Seller's Agent
Claudia Hernandez
RE/MAX Mi Casa
Buyer's Agent
Sonia Anaya
America Real Estate
List Price
$168,000
Sold Price
$150,000
Premium/Discount to List
-$18,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Outstanding Balance
$5,582
Interest Rate
3.55%
Mortgage Type
Stand Alone Second
Estimated Equity
$185,643

Purchase Details

Closed on
Oct 26, 2005
Sold by
Pitula Halina
Bought by
Leon Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
8.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 19, 1998
Sold by
Pellicano Catherine
Bought by
Pitula Halina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.83%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mendez Ana K $150,000 --
Mendez Ana K $150,000 --
Leon Patricia $149,000 Stewart Title Of Illinois
Pitula Halina $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Ana K $6,000
Open Mendez Ana K $142,500
Closed Mendez Ana K $6,000
Closed Mendez Ana K $142,500
Previous Owner Leon Patricia $149,000
Previous Owner Pitula Halina $62,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $150,000 -10.7% $136 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $168,000 -- $153 / 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 $1,839 $16,500 $850 $15,650
2023 $1,086 $8,672 $1,062 $7,610
2022 $1,086 $8,672 $1,062 $7,610
2021 $1,074 $8,671 $1,062 $7,609
2020 $727 $6,343 $1,062 $5,281
2019 $753 $7,152 $1,062 $6,090
2018 $739 $7,152 $1,062 $6,090
2017 $629 $6,280 $956 $5,324
2016 $763 $6,280 $956 $5,324
2015 $675 $6,280 $956 $5,324
2014 $1,199 $8,981 $903 $8,078
2013 $1,164 $8,981 $903 $8,078
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11281262

Midwest Real Estate Data (MRED)

APN: 19-15-112-026-1016