NOT LISTED FOR SALE

5037 S Michigan Ave Unit 1 Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $319,000 - $406,000

3 Beds
3 Baths
2,200 Sq Ft
$313/mo HOA Fee

Last Sold December 17, 2021

Last sale price $310,000 $141 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,618/month

14 Days on Market

About This Home

As of December 2021

This beautiful 3 bed/3 bath spacious condo located in historic Bronzeville just hit the market right in time for the holidays! It comes equipped with beautiful hardwood floors, granite countertops throughout kitchen and baths, stainless steel appliances, in-unit laundry, Jack & Jill bathroom, huge entertainment deck, and secured/gated parking. BRAND NEW ROOF, NEW DECK, AND TUCK-POINTING! Your search ends here! Nothing to do but move-in! Healthy HOA! Just minutes away from I-90/94, lake shore drive, Hyde Park, and downtown Chicago! Welcome home!

Last Agent to Sell the Property

Tina Hollins

Coldwell Banker Realty License #475183036 Listed on: 11/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Tiffany Dillard

Exit Strategy Realty License #475179201

Exit Strategy Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,743

Year Built | Renovated

  • 1891 | 2006

Lot Details

  • 10,542

HOA Fees

  • $313 per month

Home Design

  • Brick Exterior Construction

Parking

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

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,743

Year Built | Renovated

1891 | 2006

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2006
  • Directions: I-94 to 43rd St, go East to Michigan Ave, then South on Michigan to property
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1891
  • Year Renovated: 2006

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 999-999-9999
  • Association Fee: 313
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • 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

Multi Family

  • Units in Building: 6

Tax Info

  • Tax Annual Amount: 2567.57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 17, 2021
Sold by
Williams Christina L
Bought by
Green Natalie Arne
Seller's Agent
Tina Hollins
Coldwell Banker Realty
Buyer's Agent
Tiffany Dillard
Exit Strategy Realty
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$366,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,595
Avg. Annual Appreciation
3.36%
Original Mortgage
$272,800
Outstanding Balance
$253,162
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$97,202

Purchase Details

Listed on
Apr 4, 2016
Closed on
Aug 20, 2016
Sold by
6039 Michigan Llc
Bought by
Williams Christina L
Seller's Agent
Sharon Smith
Real People Realty
Buyer's Agent
Sandra Edwards-Martin
Coldwell Banker Realty
List Price
$209,000
Sold Price
$188,000
Premium/Discount to List
-$21,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$7,500
Interest Rate
3.43%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Green Natalie Arne $310,000 Fidelity National Title
Williams Christina L $188,000 Mgr Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Natalie Arne $272,800
Previous Owner Williams Christina L $7,500
Previous Owner Williams Christina L $150,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $310,000 0.0% $141 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $310,000 +64.9% $141 / Sq Ft
08/30/2016 08/30/16 Sold $188,000 -10.0% $111 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $209,000 -- $123 / 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 $3,743 $31,014 $5,021 $25,993
2023 $3,627 $21,000 $5,021 $15,979
2022 $3,627 $21,000 $5,021 $15,979
2021 $3,563 $20,998 $5,020 $15,978
2020 $2,568 $14,628 $2,438 $12,190
2019 $2,552 $16,129 $2,438 $13,691
2018 $2,507 $16,129 $2,438 $13,691
2017 $3,149 $14,629 $2,008 $12,621
2016 $2,930 $14,629 $2,008 $12,621
2015 $2,681 $14,629 $2,008 $12,621
2014 $3,198 $17,235 $1,721 $15,514
2013 $3,135 $17,235 $1,721 $15,514
Source: Public Records

Agents Affiliated with this Home

  • Tina Hollins

    Seller's Agent in 2021

    Tina Hollins

    Coldwell Banker Realty

    (773) 999-0097

    8 in this area

    128 Total Sales

    Tina Hollins
    Section Image

  • T

    Buyer's Agent in 2021

    Tiffany Dillard

    Exit Strategy Realty

    (312) 217-9322

    2 in this area

    35 Total Sales

    Tiffany Dillard
    Section Image

  • S

    Seller's Agent in 2016

    Sharon Smith

    Real People Realty

  • Sandra Edwards-Martin

    Buyer's Agent in 2016

    Sandra Edwards-Martin

    Coldwell Banker Realty

    (773) 368-1515

    4 in this area

    46 Total Sales

    Sandra Edwards-Martin
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11259666

Midwest Real Estate Data (MRED)

APN: 20-10-120-025-1002

Illinois Cook County Chicago 60615 Grand Boulevard

5037 S Michigan Ave Unit 1, Chicago, IL

This home is located at 5037 S Michigan Ave Unit 1, Chicago, IL 60615 since 01 November 2021 and is currently estimated at $366,595, approximately $166 per square foot. This property was built in 1891. 5037 S Michigan Ave Unit 1 is a home located in Cook County with nearby schools including Burke Elementary School, Wendell Phillips Academy High School, and Ace Amandla Charter High School.

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