NOT LISTED FOR SALE

5015 Commonwealth Ave Unit 501 Western Springs, IL 60558

Forest Hills Neighborhood

Estimated Value: $591,000 - $714,408

3 Beds
2.5 Baths
3,053 Sq Ft
$213/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $575,000 $188 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,713/month

3 Days on Market

Highlights

  • Home Theater
  • Open Floorplan
  • Recreation Room
  • Forest Hills Elementary School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of March 2023

Rarely available Douglas model with First Floor Master Suite. This one was a model unit so it has all the upgrades, including a 17 x 16 2nd Floor Bonus Space, fully enclosed three season Sun Room, two Deck Areas, upgraded Kitchen Cabinets, Countertops and Bathrooms. The 1st Floor has an elegant Living Room and Dining Area with volume ceilings and great natural light, plus an open Great Room style floor plan in the back of the home with a large Kitchen, Eating Area and Family Room with fireplace. If that is not enough, the Sliding Glass Doors in the Kitchen lead to an Enclosed Sun Room (screens and windows) with access to two Decks all overlooking a quiet wooded back area. The 1st floor also has nice Powder Room and good sized Laundry Room which leads to a two car Garage. The 1st Floor Master Suite has a large Walk-in Closet, Private Bath with two sinks and a separate Tub and large Walk-in Shower. The 2nd Floor has two additional Bedrooms, a Full Bathroom, plus a large 22 x 16 Media Room with a wet bar and a 17 x 16 Bonus Area perfect for a Home Office, Studio, 2nd Family Room, Library or Recreation Area. With the quality construction, the unit is very quiet and the Back Porch is private and peaceful. Large accessible crawl space with cement floor for storage.The unit is now vacant and has been deep cleaned, but we left the new carpet and painting to the new owner to make these final touches. Enjoy this beautiful home in popular Commonwealth of Western Springs.

Last Agent to Sell the Property

Jim Blaha

HomeSmart Connect LLC License #471012535 Listed on: 02/09/2023

HomeSmart Connect LLC

Last Buyer's Agent

Sheila O'Malley

@properties Christie's International Real Estate License #475157244

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,695

Year Built

  • Built in 1991

Lot Details

  • 23.35

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,053 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Theater
  • Recreation Room
  • Loft
  • Sun or Florida Room
  • Storage
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Schools

  • Forest Hills Elementary School
  • Mcclure Junior High School
  • Lyons Twp High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 2 Units
  • Mgr Association, Phone Number (312) 733-1414
  • Douglas
  • Property managed by ACM

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,695

Year Built

Built in 1991

Lot Details

0

HOA Fees

$451 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Open Floorplan, Pantry
  • LivingArea: 3053
  • Other Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Loft, Breakfast Room, Recreation Room, Foyer, Media Room, Sun Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Window Features: All
  • Bathroom: Double Sink,Tub & Separate Shwr
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 589000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage
  • Type: Eating Area-Table Space

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 451
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: ACM
  • Management Contact Name: MGR
  • Management Phone: 312-733-1414
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Forest Hills Elementary School
  • High School: Lyons Twp High School
  • Middle/Junior School: Mcclure Junior High School
  • Middle/Junior School District: 101

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9694.69
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Neylon James and Neylon Carol
Bought by
Neylon Family Trust and Neylon
Current Estimated Value
$649,352

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 5, 2023
Sold by
Blaha Candace E
Bought by
Neylon James and Neylon Carol
Seller's Agent
Jim Blaha
HomeSmart Connect LLC
Buyer's Agent
Sheila O'Malley
@properties Christie's International Real Estate
List Price
$589,000
Sold Price
$575,000
Premium/Discount to List
-$14,000
-2.38%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$460,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2002
Sold by
Bachner Terrence Joseph
Bought by
Blaha Donald W and Blaha Candace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.25%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Commonwealth Properties Company Llc
Bought by
Bachner Terrence Joseph
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
Neylon Family Trust -- None Listed On Document
Neylon James $575,000 None Listed On Document
Blaha Donald W $475,000 --
Bachner Terrence Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neylon James $460,000
Previous Owner Blaha Donald W $180,000
Previous Owner Blaha Donald W $180,000
Previous Owner Blaha Donald W $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $575,000 -2.4% $188 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $589,000 -- $193 / 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 $8,775 $45,246 $9,843 $35,403
2023 $8,769 $45,449 $10,046 $35,403
2022 $8,769 $40,495 $6,418 $34,077
2021 $9,695 $40,495 $6,418 $34,077
2020 $9,477 $40,495 $6,418 $34,077
2019 $8,590 $43,463 $5,860 $37,603
2018 $9,766 $43,463 $5,860 $37,603
2017 $9,475 $43,463 $5,860 $37,603
2016 $9,436 $39,403 $5,023 $34,380
2015 $9,274 $39,403 $5,023 $34,380
2014 $9,133 $39,403 $5,023 $34,380
2013 $8,374 $36,523 $5,023 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715986

Midwest Real Estate Data (MRED)

APN: 18-07-109-037-1062