NOT LISTED FOR SALE

5002 N Western Ave Unit 3S Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $419,000 - $550,000

2 Beds
2 Baths
-- Sq Ft
$153/mo HOA Fee

Last Sold June 14, 2023

Last sale price $480,000

Est. 4% increase in value since last sale

Current estimated payment $3,534/month

3 Days on Market

Highlights

  • Penthouse
  • Wood Flooring
  • Steam Shower
  • Deck
  • End Unit
  • Terrace

About This Home

As of June 2023

Incredible opportunity to own this stunning 2BD/2BA penthouse residence with a massive private covered deck in Lincoln Square! Super high ceilings, an abundance of natural light, tastefully updated and pristinely maintained, this home offers the optimal layout with an open concept great room providing plenty of room for living and dining, a wood burning fireplace, your first outdoor space off the living area and a modern designer kitchen with white cabinetry, updated backsplash, stainless steel appliances, updated fixtures and hardware, quartz countertops and an eat-in island opening into the living space. The primary bedroom is very spacious, receives great light and features an ensuite spa-like bathroom with a double vanity and luxurious steam shower with body sprays. The secondary bedroom provides an incredible built-in Murphy bed for extra flexibility and has great light + closet space, and there is a second full bathroom with a soaking tub. The huge 400 sq ft completely covered private deck is incredibly unique for a home like this providing versatility for multiple sitting areas which creates the perfect entertaining space for movie nights, summer parties, and cozy hang outs. Two exterior parking spaces included in the price! Just steps from the Western Brown Line Stop, Metra, Winnemac Park, and tons of shopping and restaurants.

Last Agent to Sell the Property

Zachary Redden

Redden+McDaniel License #471020585 Listed on: 05/04/2023

Co-Listed By

Chase McDaniel

Redden+McDaniel License #475182464

Last Buyer's Agent

Megan Fealy

@properties Christie's International Real Estate License #475165463

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,178

Year Built

  • Built in 2007 | Remodeled in 2020

Lot Details

  • End Unit

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Steam Shower
  • Shower Body Spray

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off Alley Driveway
  • Secured Garage or Parking
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • 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
  • 7 Units
  • Kurtiss Association, Phone Number (734) 717-8698
  • Low-Rise Condominium

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,178

Year Built

Built in 2007 | Remodeled in 2020

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories),Penthouse
  • Year Built: 2007
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2020
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Intercom
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • Room Type: Balcony/Porch/Lanai, Terrace
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Steam Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley, Secured
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Off Alley
  • 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, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 153
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Kurtiss
  • Management Phone: 734-717-8698
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 8178.11
  • Tax Year: 2021

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 12, 2023
Sold by
Faits Clayton Edward
Bought by
Ryan Megan
Seller's Agent
Zachary Redden
Redden+McDaniel
Buyer's Agent
Megan Fealy
@properties Christie's International Real Estate
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Views
43
Current Estimated Value
$501,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,052
Avg. Annual Appreciation
1.65%
Original Mortgage
$432,000
Outstanding Balance
$420,703
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$80,349

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 25, 2021
Sold by
Gilliat Bradley S and Gilliat Kristin
Bought by
Faits Calyton
Seller's Agent
Ted Kuhlmann
Compass
Buyer's Agent
Zachary Redden
Redden+McDaniel
List Price
$449,900
Sold Price
$446,500
Premium/Discount to List
-$3,400
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$424,175
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
New Developers Llc
Bought by
Gilliat Bradley S and Gilliat Ronald W
Source: Public Records
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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
Ryan Megan $480,000 Chicago Title Insurance Compan
Faits Calyton $446,500 Saturn Title Llc
Gilliat Bradley S $297,500 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Megan $432,000
Previous Owner Faits Calyton $424,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2023 06/14/23 Sold $480,000 +2.3% --
05/08/2023 05/08/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $469,000 +5.0% --
03/30/2021 03/30/21 Sold $446,500 -0.8% $357 / Sq Ft View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $449,900 -- $360 / 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 $9,283 $45,390 $3,573 $41,817
2024 $9,283 $45,390 $3,573 $41,817
2023 $9,050 $44,000 $2,416 $41,584
2022 $9,050 $44,000 $2,416 $41,584
2021 $8,178 $43,999 $2,415 $41,584
2020 $7,452 $36,553 $2,415 $34,138
2019 $7,413 $40,324 $2,415 $37,909
2018 $7,287 $40,324 $2,415 $37,909
2017 $6,934 $35,588 $2,113 $33,475
2016 $6,628 $35,588 $2,113 $33,475
2015 $6,188 $36,390 $2,113 $34,277
2014 $4,779 $28,326 $1,962 $26,364
2013 $4,674 $28,326 $1,962 $26,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11774510

Midwest Real Estate Data (MRED)

APN: 13-12-411-084-1007