NOT LISTED FOR SALE

The Powhatan 4950 S Chicago Beach Dr Unit 5B Chicago, IL 60615

Kenwood Neighborhood
3 Beds
2.5 Baths
2,970 Sq Ft
1929 Built

Sale Details

Date Sold: September 12, 2023

Last sale price $350,000 $118 Per Sq Ft

285 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Indoor Pool
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • Wine Refrigerator

About This Home

As of September 2023

Amazing elegance at The Powhatan, the 1929 Art Deco landmark on Hyde Park's lakefront. This 8-room co-op, has wonderful lake and park views & graciously proportioned rooms with high ceilings, herring-bone parquet floors, and a handsome wood-burning fireplace. The modern chef's kitchen has high-end appliances and a full separate pantry with a sink and extensive storage. Beautifully renovated baths, the primary with separate soaking tub and shower. Central A/C. In-unit laundry. This full-service building, famous for its unparalleled service, has it all: on-site engineer, full staff, heated indoor pool, 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: 09/27/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Eva Loseth

@properties Christie's International Real Estate License #475144910

@properties Christie's International Real Estate

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1929

HOA Fees

  • $4,733 Monthly HOA Fees

Home Design

  • Limestone

Interior Spaces

  • 2,970 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den

Kitchen

  • Range
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, parking, taxes, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 40 Units
  • Manager Association
  • High-Rise Community
  • Powhatan Subdivision
  • 22-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Year Built

Built in 1929

HOA Fees

$4,733 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories),Vintage
  • Ownership: Co-op
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories),Vintage
  • Subdivision Name: Powhatan
  • Year Built: 1929
  • 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: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • AttributionContact: (312) 268-0719
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 22

Interior Features

  • Appliances: Range, Dishwasher, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2970
  • Room Type: Foyer, Pantry, Den
  • Stories Total: 22
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Limestone

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Steam, Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 4733
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • 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
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Taxes, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • 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 Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 40
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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
09/12/2023 09/12/23 Sold $350,000 -6.7% $118 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $375,000 +7.1% $126 / Sq Ft
03/26/2023 03/26/23 Off Market $350,000 -- --
09/27/2022 09/27/22 For Sale $375,000 -- $126 / 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 2023

    Robert Sullivan

    Berkshire Hathaway HomeServices Chicago

    (312) 944-8900

    47 in this area

    132 Total Sales

    Robert Sullivan
    Section Image
  • Eva Loseth

    Buyer's Agent in 2023

    Eva Loseth

    @ Properties

    (312) 768-3952

    4 in this area

    36 Total Sales

    Eva Loseth
    Section Image
See All Agents

About The Powhatan

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11639023

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

4950 S Chicago Beach Dr Unit 5B, 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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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