NOT LISTED FOR SALE

5002 N Western Ave Unit 1S Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $587,000 - $699,000

3 Beds
3 Baths
2,400 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $480,000 $200 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,574/month

15 Days on Market

About This Home

As of December 2021

Simple Elegance & Exceptional Lincoln Square Value! Enjoy All That Lincoln Square Has To Offer: Dining, Shopping, Nightlife... Just Steps Away From Winnemac Park! Over 2,400 Square Feet, This 3-Bedroom, 2.5-Bath Duplex-Down Has All The Room You Need & Comes Complete With 2 Secure Parking Spaces In Private Gated Lot. Open & Airy Floor Plan With 10' Ceilings & Gleaming Brazilian Cherry Hardwood Floors. Living Room Features Fireplace For Cozy Nights With Easy Flow To Private Enclosed Balcony, Perfect For Sipping Coffee Or BBQ With Friends. Formal Dining Area Large Enough For Hosting Dinner Parties & Holiday Get Togethers. Gourmet Kitchen Complete With Center Island & Seating, Granite Countertops & All SS Appliances. Master Suite Boasts Walk-In Closet & Spa-Like Bath With Jacuzzi Tub & Full Body Spray Shower. Relax & Kick-Back In Huge Lower Level Family Room With Walk-Up Wet Bar & Wine/Beverage Fridge. Two Additional Lower Level Bedrooms, One With Built-In Murphy Bed. Plenty Of Space For Your Home Office Or Gym. Extra Storage & In Home Laundry Room. Come See Your New Home!

Last Agent to Sell the Property

Amy Will

RE/MAX Suburban License #475161258 Listed on: 09/23/2021

RE/MAX Suburban

Last Buyer's Agent

Rizwan Gilani

ALLURE Real Estate License #475126352

ALLURE Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,182

Year Built

  • 2003

Lot Details

  • 7,405

HOA Fees

  • $186 per month

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Parking

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 7 Units
  • Laura Martin Association, Phone Number (847) 917-5115
  • Property managed by 5002 N WESTERN AVE CONDO ASSOCIATION

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,182

Year Built

2003

Lot Details

0

HOA Fees

$186 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: 1/2 Duplex,Condo,Condo-Duplex
  • Property Sub Type: 1/2 Duplex,Condo,Condo-Duplex
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: 5002 WESTERN BETWEEN FOSTER AND LAWRENCE
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Has Basement: None
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan
  • Other Equipment: Humidifier, TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Common Grounds, Fenced Yard
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley, Motorized Gate, Parking Lot, Secured
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 5002 N WESTERN AVE CONDO ASSOCIATION
  • Management Contact Name: LAURA MARTIN
  • Management Phone: 847-917-5115
  • Association Fee: 186
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 7

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 9154.33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 23, 2021
Sold by
Hernandez Salvador and Hernandez Cassandra
Bought by
Tran Ha
Seller's Agent
Amy Will
RE/MAX Suburban
Buyer's Agent
Rizwan Gilani
ALLURE Real Estate
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%
Current Estimated Value
$653,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,836
Avg. Annual Appreciation
8.31%
Original Mortgage
$384,000
Outstanding Balance
$352,356
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$301,480

Purchase Details

Closed on
Apr 20, 2017
Sold by
Pugh David R and Pugh Stephanie
Bought by
Hernandez Cassandra and Hernandez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2015
Closed on
Jul 4, 2015
Sold by
Barsoum Meena M and Barsoum Monica
Bought by
Pugh David R and Pugh Stephanie
Seller's Agent
Ibrahim Shenouda
Charles Rutenberg Realty of IL
Buyer's Agent
Lauren Hundman
Westward360 RM
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$352,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2012
Closed on
Oct 26, 2012
Sold by
New Developers Llc
Bought by
Barsoum Meena M and Barsoum Monica S
Seller's Agent
Danuta Grodowska
Chicago Area Realty Inc
Buyer's Agent
Ibrahim Shenouda
Charles Rutenberg Realty of IL
List Price
$372,000
Sold Price
$339,000
Premium/Discount to List
-$33,000
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$328,932
Interest Rate
3.25%
Mortgage Type
FHA
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
Tran Ha $480,000 Citywide Title Corporation
Hernandez Cassandra $5,145,000 None Available
Pugh David R $440,000 First American
Barsoum Meena M $339,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Ha $384,000
Previous Owner Hernandez Cassandra $392,000
Previous Owner Pugh David R $352,000
Previous Owner Barsoum Meena M $328,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Sold $480,000 -1.8% $200 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $489,000 +11.1% $204 / Sq Ft
07/24/2015 07/24/15 Sold $440,000 -5.2% $183 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
06/01/2015 06/01/15 Price Changed $464,000 -1.1% $193 / Sq Ft
05/10/2015 05/10/15 For Sale $469,000 +38.3% $195 / Sq Ft
10/26/2012 10/26/12 Sold $339,000 -8.9% $141 / Sq Ft View Prior Sale
07/31/2012 07/31/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $372,000 -- $155 / 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 $11,182 $55,149 $4,342 $50,807
2023 $10,901 $53,000 $2,935 $50,065
2022 $10,901 $53,000 $2,935 $50,065
2021 $9,988 $52,999 $2,935 $50,064
2020 $9,203 $44,412 $2,935 $41,477
2019 $9,154 $48,993 $2,935 $46,058
2018 $9,678 $48,993 $2,935 $46,058
2017 $8,581 $43,239 $2,568 $40,671
2016 $8,160 $43,239 $2,568 $40,671
2015 $7,621 $44,213 $2,568 $41,645
2014 $5,909 $34,416 $2,384 $32,032
2013 $6,259 $34,416 $2,384 $32,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11227808

Midwest Real Estate Data (MRED)

APN: 13-12-411-084-1002