NOT LISTED FOR SALE

The Powhatan 4950 S Chicago Beach Dr Unit 3A Chicago, IL 60615

Kenwood Neighborhood
4 Beds
4 Baths
4,000 Sq Ft
1929 Built

Sale Details

Date Sold: January 19, 2022

Last sale price $265,000 $66 Per Sq Ft

398 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • High-Rise Community
  • Kenwood Academy High School Rated A-
  • Soaking Tub

About This Home

As of January 2022

This impressive four bedroom, three-and-one-half bath cooperative apartment, in the desirable A tier at The Powhatan, has lake and treetop views, generously proportioned rooms, high ceilings, gleaming parquet floors and a handsome wood burning fireplace in the expansive living room. While many irreplaceable vintage details remain, this chic apartment conveys a distinctly contemporary feel. Major upgrades in the past three years include a complete kitchen renovation and new electrical and A/C systems. The Powhatan, an Art Deco masterpiece on the lakefront, was designed in 1929 and designated a Chicago landmark in 1993. This full-service building, famous for its unparalleled service, has it all: on-site engineer, full staff, heated indoor pool, exercise room, roof top ballroom with outdoor terraces and grills, and valet parking at the front door.

Last Agent to Sell the Property

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 08/28/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Joshua Berngard

Fulton Grace Realty License #471011306

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

HOA Fees

  • $5,262 per month

Home Design

  • Property Attached
  • Limestone

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Parking

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

Community Details

Overview

  • 40 Units
  • Manager Association
  • High-Rise Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1929

HOA Fees

$5,262 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: High Rise (7+ Stories),Vintage
  • Property Sub Type: High Rise (7+ Stories),Vintage
  • Age: 91-100 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: 3
  • Directions: Lake Shore Drive to the Hyde Park (51st Street) exit. The Powhatan is straight ahead on the corner.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Co-op
  • Subdivision Name: Powhatan
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1929

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • Dining Room Type: Pantry, Foyer
  • Stories: 22

Exterior Features

  • Exterior Building Type: Limestone
  • 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: Steam, Radiator(s)
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Manager
  • Management Phone: 999-999-9999
  • Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s)
  • Association Fee: 5262
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, 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: 999

Multi Family

  • Units in Building: 40

Tax Info

  • Tax Exemptions: None
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $265,000 -24.1% $66 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
03/22/2021 03/22/21 Price Changed $349,000 -12.5% $87 / Sq Ft
01/04/2021 01/04/21 Price Changed $399,000 -11.3% $100 / Sq Ft
10/01/2020 10/01/20 Price Changed $450,000 -9.1% $113 / Sq Ft
08/27/2020 08/27/20 For Sale $495,000 -- $124 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $193,356 $1,400,000 $78,418 $1,321,582
2024 $193,356 $1,400,000 $78,418 $1,321,582
2023 $193,379 $1,137,194 $63,240 $1,073,954
2022 $193,379 $1,137,194 $63,240 $1,073,954
2021 $228,679 $1,137,194 $63,240 $1,073,954
2020 $211,984 $1,080,642 $50,592 $1,030,050
2019 $188,452 $1,080,642 $50,592 $1,030,050
2018 $185,233 $1,080,642 $50,592 $1,030,050
2017 $206,432 $1,099,356 $41,738 $1,057,618
2016 $207,852 $1,141,218 $41,738 $1,099,480
2015 $249,743 $1,378,999 $41,738 $1,337,261
2014 $176,977 $1,069,441 $34,149 $1,035,292
2013 $194,504 $1,069,441 $34,149 $1,035,292
Source: Public Records

Agents Affiliated with this Home

  • Robert Sullivan

    Seller's Agent in 2022

    Robert Sullivan

    Berkshire Hathaway HomeServices Chicago

    (312) 944-8900

    46 in this area

    131 Total Sales

    Robert Sullivan
    Section Image
  • Joshua Berngard

    Buyer's Agent in 2022

    Joshua Berngard

    Fulton Grace

    (561) 302-3754

    2 in this area

    136 Total Sales

    Joshua Berngard
    Section Image
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About The Powhatan

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10838096

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60615 Kenwood

4950 S Chicago Beach Dr Unit 3A, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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