NOT LISTED FOR SALE

4950 N Winchester Ave Unit 2 Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $506,000 - $584,000

3 Beds
2 Baths
-- Sq Ft
$205/mo HOA Fee

Last Sold September 18, 2024

Last sale price $520,000

Est. 6% increase in value since last sale

Current estimated payment $3,571/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Fenced Yard
  • Deck
  • Granite Countertops
  • Intercom

About This Home

As of September 2024

This stylish 3-bedroom, 2-bath condo in a vintage brick building in Ravenswood offers the perfect blend of city living and nature. This home features gleaming hardwood floors, granite countertops, side-by-side washer dryer, spa-like whirlpool master bath, and professionally built closets throughout. A host of modern upgrades, including new paint and window treatments, a new air ionizer, humidifier, and smart thermostat with HVAC in 2021. There's an option to install a fireplace as the flue and gas hook-up are already installed. Relax on your private deck overlooking your shared backyard space. Convenient 2-car tandem parking and storage. Step outside and you'll be enchanted by the quiet, tree-lined streets that lead you to your morning coffee, the Ravenswood Metra, or the Damen Brown Line, all within walking distance. Grocery shopping is a breeze at the nearby Mariano's, just 3 blocks away, and enjoy the expansive green spaces of Winnemac Park just a short stroll from your door. This condo is the perfect oasis for urban professionals seeking a peaceful neighborhood with all the amenities they desire. Don't miss your chance to call this stunning home your own.

Last Agent to Sell the Property

Suzanne Greub

@properties Christie's International Real Estate License #475211600 Listed on: 08/27/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Patty Reilly-Murphy

@properties Christie's International Real Estate License #475168832

@properties   Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 1902

Lot Details

  • 4,574

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger
  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,419

Year Built

Built in 1902

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Granite Counters
  • Other Equipment: Humidifier, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Deck, Storage, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 499000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • 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: 205
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: NA
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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: 5419.03
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Sep 9, 2024
Sold by
Platt James and Platt Megan
Bought by
Garfunkel Emily and Sims John L
Seller's Agent
Suzanne Greub
@properties Christie's International Real Estate
Buyer's Agent
Patty Reilly-Murphy
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
21
Current Estimated Value
$549,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,712
Avg. Annual Appreciation
5.28%

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 8, 2019
Sold by
Bell Jeffrey A and Bell Amanda Lawson
Bought by
Platt James and Platt Megan
Seller's Agent
Joe Zimmerman
Keller Williams ONEChicago
Buyer's Agent
Carrie McCormick
@properties Christie's International Real Estate
List Price
$379,900
Sold Price
$375,000
Premium/Discount to List
-$4,900
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$243,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2014
Closed on
Aug 11, 2014
Sold by
Mannon Jaime
Bought by
Bell Jeffrey A and Lawson Amanda K
Seller's Agent
Joe Kennedy
@properties Christie's International Real Estate
Buyer's Agent
Chris Chesne
Compass
List Price
$350,000
Sold Price
$331,000
Premium/Discount to List
-$19,000
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$251,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Michael John and Michael Christine
Bought by
Mannon Jaime

Purchase Details

Closed on
Apr 20, 2004
Sold by
Michael John
Bought by
Michael John and Michael Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2003
Sold by
Aranza Dely
Bought by
Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.12%
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
Garfunkel Emily $520,000 Chicago Title
Garfunkel Emily $520,000 Chicago Title
Platt James $375,000 Old Republic Title
Bell Jeffrey A $331,000 --
Bell Jeffrey A $331,000 --
Bell Jeffrey A $331,000 --
Mannon Jaime $329,000 Chicago Title Insurance Comp
Michael John -- Executive Land Title
Michael John $515,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Platt James $243,750
Previous Owner Bell Jeffrey A $251,000
Previous Owner Michael John $662,000
Previous Owner Michael John $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $520,000 +4.2% --
08/29/2024 08/29/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $499,000 +33.1% --
07/10/2019 07/10/19 Sold $375,000 -1.3% -- View Prior Sale
05/27/2019 05/27/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $379,900 0.0% --
05/06/2019 05/06/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $379,900 +14.8% --
06/22/2014 06/22/14 Sold $331,000 -5.4% -- View Prior Sale
05/04/2014 05/04/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $350,000 -- --
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 $5,419 $36,489 $11,698 $24,791
2023 $5,261 $29,000 $9,406 $19,594
2022 $5,261 $29,000 $9,406 $19,594
2021 $5,162 $28,999 $9,405 $19,594
2020 $7,297 $32,755 $4,937 $27,818
2019 $6,573 $36,145 $4,937 $31,208
2018 $6,461 $36,145 $4,937 $31,208
2017 $5,829 $30,452 $4,232 $26,220
2016 $6,129 $33,099 $4,232 $28,867
2015 $6,065 $33,099 $4,232 $28,867
2014 $4,091 $24,617 $3,174 $21,443
2013 $3,999 $24,617 $3,174 $21,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12146315

Midwest Real Estate Data (MRED)

APN: 14-07-416-032-1002