NOT LISTED FOR SALE

4637 N Magnolia Ave Unit 2 Chicago, IL 60640

Sheridan Park Neighborhood

Estimated Value: $445,000 - $483,000

2 Beds
2 Baths
-- Sq Ft
$252/mo HOA Fee

Last Sold July 13, 2022

Last sale price $415,000

Est. 9% increase in value since last sale

Current estimated payment $3,159/month

4 Days on Market

Highlights

  • Deck
  • Terrace
  • Stainless Steel Appliances
  • Wood Flooring
  • Home Office
  • 3-minute walk to Gooseberry Park

About This Home

As of July 2022

Your Sheridan Park oasis awaits you at "The Stuart" 4637 N Magnolia #2N! This oversized, bright 2 bedroom plus den (or possible 3rd bedroom) wows from your first step inside the spacious extra wide living room and dining room. Plenty of space for any setup you could dream of! Make plans for your next large dinner party with a big dining room table and add a sectional for family and friends' movie nights. Adjoining these beautiful spaces is an expansive kitchen featuring abundant wood cabinetry, 2 space saving pantries, and plenty of counter space for cooking. Enjoy BBQing and maybe a meal on the gorgeous front porch, nestled serenely in the trees of Magnolia Avenue. Primary suite features an additional sitting room, easily reconfigured into a 3rd bedroom. Primary bath features a glass enclosed stand up shower. Suite is completed by the unit's 2nd outdoor space off the primary bedroom overlooking the building's beautiful back yard and garden. Unit is completed by a second bedroom and bathroom with a tub, along with laundry, and plenty of closet storage throughout. In addition to all these spectacular features, the unit offers a deeded garage parking spot, and storage room included! All of this on a picturesque block in Sheridan Park, steps to the Lake, newly modernized Wilson Red/Purple lines, The Aragon, The Green Mill, and so much more. A must see to truly appreciate!!

Last Agent to Sell the Property

Elena Frankel

@properties Christie's International Real Estate License #475148245 Listed on: 03/14/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Matthew Liss

Mark Allen Realty ERA Powered License #471011805

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 1920 | Remodeled in 2005

Lot Details

  • Additional Parcels

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Private Association

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,758

Year Built

Built in 1920 | Remodeled in 2005

Lot Details

0

HOA Fees

$252 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1920
  • 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: 2
  • Rehab Year: 2005
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: Foyer, Balcony/Porch/Lanai, Terrace, Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • List Price: 385000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

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: Cats OK, Dogs OK
  • Association Fee: 252
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: PRIVATE
  • Management Phone: 111-111-1111
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3758.27
  • Tax Year: 2020

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jul 8, 2022
Sold by
Olshan Michael S and Olshan Elaine G
Bought by
Patton Deborah Jo
Seller's Agent
Elena Frankel
@properties Christie's International Real Estate
Buyer's Agent
Matthew Liss
Mark Allen Realty ERA Powered
List Price
$385,000
Sold Price
$415,000
Premium/Discount to List
$30,000
7.79%
Current Estimated Value
$450,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,527
Avg. Annual Appreciation
2.37%
Original Mortgage
$332,000
Outstanding Balance
$319,123
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$126,767

Purchase Details

Closed on
Oct 4, 2006
Sold by
Laudadio Rocco
Bought by
Olshan Michael S and Olshan Elaine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,400
Interest Rate
6.5%
Mortgage Type
Unknown
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
Patton Deborah Jo $415,000 Chicago Title
Olshan Michael S $322,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Deborah Jo $332,000
Previous Owner Olshan Michael S $59,000
Previous Owner Olshan Michael S $202,950
Previous Owner Olshan Michael S $227,300
Previous Owner Olshan Michael S $225,400
Previous Owner Laudadio Rocco $215,000
Previous Owner Laudadio Rocky $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $415,000 +7.8% --
03/19/2022 03/19/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $385,000 -- --
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 $5,281 $37,384 $10,515 $26,869
2023 $5,110 $31,000 $8,468 $22,532
2022 $5,110 $31,000 $8,468 $22,532
2021 $5,028 $30,999 $8,468 $22,531
2020 $3,583 $21,666 $6,492 $15,174
2019 $3,609 $24,137 $6,492 $17,645
2018 $3,546 $24,137 $6,492 $17,645
2017 $3,266 $21,249 $5,645 $15,604
2016 $3,399 $21,249 $5,645 $15,604
2015 $3,070 $21,249 $5,645 $15,604
2014 $4,298 $25,735 $4,304 $21,431
2013 $4,202 $25,735 $4,304 $21,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11346805

Midwest Real Estate Data (MRED)

APN: 14-17-111-025-1005