NOT LISTED FOR SALE

5002 W Newport Ave Unit 3 Chicago, IL 60641

Portage Park Neighborhood

Estimated Value: $115,000 - $128,000

1 Bed
1 Bath
-- Sq Ft
$369/mo HOA Fee

Last Sold February 06, 2024

Last sale price $107,500

Est. 15% increase in value since last sale

Current estimated payment $1,148/month

7 Days on Market

Highlights

  • End Unit
  • Stainless Steel Appliances
  • Coin Laundry
  • Corner Lot
  • Fenced Yard
  • Dogs and Cats Allowed

About This Home

As of February 2024

This is a Rare Find! A Well-Managed Condominium Features a 1 Bed 1 Bath with Southern Exposure and Lots of Natural Light! A Great Home and Investment. It Has Been Recently Updated with Upgraded Kitchen, Showcasing SS Appliances, Granite Countertops and Matching Backsplash. Bath Has New Vanity, Accessories and Light. Refinished Wood Floors and New Light Fixtures Throughout. There is Also Plenty of Storage Space for Your Needs Plus Extra Assigned Storage in The Basement. Professionally Managed, This Condo Offers Great Value for Your Money. With Its Low Taxes, Proximity to Public Transportation, Parks, Shops, Restaurants and Easy Access to the 90/94 Expressway, It's an Ideal Place For You to Live! Come Check it Out Today.

Last Agent to Sell the Property

Tal Haimovitch

Baird & Warner License #475160144 Listed on: 11/29/2023

Baird & Warner

Last Buyer's Agent

Leigh Marcus

@properties Christie's International Real Estate License #475125223

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1927 | Remodeled in 2023

Lot Details

  • End Unit
  • Fenced Yard

HOA Fees

  • $369 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range with Range Hood
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units
  • Natalie Marcu Association, Phone Number (773) 271-7515
  • Property managed by Quality Management Rentals

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,508

Year Built

Built in 1927 | Remodeled in 2023

Lot Details

0

HOA Fees

$369 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: 1927
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: End Unit
  • List Price: 109500
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 369
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Quality Management Rentals
  • Management Contact Name: Natalie Marcu
  • Management Phone: 773-271-7515
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1507.96
  • Tax Year: 2021

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 18, 2024
Sold by
Amiel-Toledano Nili Hana
Bought by
Garcia Luis Daniel
Seller's Agent
Tal Haimovitch
Baird & Warner
Buyer's Agent
Leigh Marcus
@properties Christie's International Real Estate
List Price
$109,500
Sold Price
$107,500
Premium/Discount to List
-$2,000
-1.83%
Views
220
Current Estimated Value
$123,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,819
Avg. Annual Appreciation
8.31%
Original Mortgage
$104,000
Outstanding Balance
$102,067
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$21,252

Purchase Details

Listed on
Mar 7, 2015
Closed on
Apr 21, 2015
Sold by
Rewilak Zofia
Bought by
Amiel Toledano Nilihanna
Seller's Agent
Greg Z.
Chicago Brokers RE Inc
Buyer's Agent
Sal Moldovan
Domain Realty
List Price
$52,000
Sold Price
$45,100
Premium/Discount to List
-$6,900
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Doornek Mary S and Roche Mary S
Bought by
Rewilak Zofia

Purchase Details

Closed on
Sep 6, 2005
Sold by
5002 Newport Llc
Bought by
Doornek Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2005
Sold by
5002 Newport Llc
Bought by
Wieslaw Dorota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2004
Sold by
5002 Newport Llc
Bought by
Mrksic Rade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
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
Garcia Luis Daniel $107,500 Chicago Title
Amiel Toledano Nilihanna $45,500 Multiple
Rewilak Zofia $30,000 Alliance Title Corporation
Doornek Mary S $118,000 Ctic
Wieslaw Dorota $112,000 Ctic
Mrksic Rade $105,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Luis Daniel $104,000
Previous Owner Doornek Mary S $82,600
Previous Owner Wieslaw Dorota $78,400
Previous Owner Mrksic Rade $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2024 02/06/24 Sold $107,500 -1.8% --
12/07/2023 12/07/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $109,500 +142.8% --
04/24/2015 04/24/15 Sold $45,100 -13.3% -- View Prior Sale
03/18/2015 03/18/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $52,000 -- --
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 $1,582 $11,649 $1,443 $10,206
2023 $1,542 $7,500 $1,164 $6,336
2022 $1,542 $7,500 $1,164 $6,336
2021 $1,508 $7,499 $1,164 $6,335
2020 $1,884 $8,458 $675 $7,783
2019 $1,910 $9,505 $675 $8,830
2018 $1,878 $9,505 $675 $8,830
2017 $1,236 $5,741 $605 $5,136
2016 $1,150 $5,741 $605 $5,136
2015 $1,052 $5,741 $605 $5,136
2014 $1,529 $8,240 $558 $7,682
2013 $1,499 $8,240 $558 $7,682
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11938641

Midwest Real Estate Data (MRED)

APN: 13-21-404-091-1003