NOT LISTED FOR SALE

5037 S Michigan Ave Unit 2 Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $282,000 - $348,000

3 Beds
2.5 Baths
1,700 Sq Ft
10,542 Sq Ft Lot

Last Sold September 03, 2018

Last sale price $237,000 $139 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,005/month

Highlights

  • Deck
  • 4-minute walk to 51St Street Station
  • Combination Dining and Living Room
  • Whirlpool Bathtub
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of November 2022

Luxurious condo in the Grand Boulevard neighborhood of Bronzeville. Located on prestigious Michigan Avenue, this stunning and spacious 1,700 sq ft, 3 Bed, 2 1/2 Bath home has every modern convenience. 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, PARKING GATE MOTOR, AND TUCK-POINTING! Just minutes away from I-90/94, lake shore drive, Hyde Park, and downtown Chicago!

Last Agent to Rent the Property

Brian Caron

Baird & Warner License #471017757 Listed on: 10/18/2022

Baird & Warner

Last Renter's Agent

Brian Caron

Baird & Warner License #471017757 Listed on: 10/18/2022

Baird & Warner

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,182

Year Built | Renovated

  • 1893 | 2008

Lot Details

  • 10,542

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 10/19/22
  • Rent includes water, parking, scavenger

Community Details

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • 8 Units
  • Community Storage Space

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,182

Year Built | Renovated

1893 | 2008

Lot Details

0

Rental Info

  • Available Date: 2022-10-19
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2500
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Age: Unknown
  • 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: 2
  • Rehab Year: 2008
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built (Public Record): 1893
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1700
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1700
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1700
  • Total Sq Ft: 1700
  • Main Level Sq Ft: 1700
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 2500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley, Off Street
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Storage
  • Rent Includes: Water, Parking, Scavenger
  • Management: Self-Management
  • Management Company: self managed
  • Management Phone: 000-000-0000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Aug 31, 2018
Sold by
Mosely Erica R
Bought by
Kelly Trevor K
Seller's Agent
Terrie Whittaker
Redfin Corporation
Buyer's Agent
Brian Caron
Baird & Warner
List Price
$239,000
Sold Price
$237,000
Premium/Discount to List
-$2,000
-0.84%
Current Estimated Value
$319,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,959
Avg. Annual Appreciation
4.53%
Original Mortgage
$229,890
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
5037 & 39 S Michigan Llc
Bought by
Mosely Erica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.54%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Kelly Trevor K $237,000 Attorney
Mosely Erica R $248,000 Mgr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Trevor K $235,653
Closed Kelly Trevor K $229,890
Previous Owner Mosely Erica R $221,000
Previous Owner Mosely Erica R $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Rented $2,100 -16.0% --
10/18/2022 10/18/22 For Rent $2,500 0.0% --
09/03/2018 09/03/18 Sold $237,000 -0.8% $139 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $239,000 -- $141 / 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 $3,182 $31,014 $5,021 $25,993
2023 $3,062 $21,000 $5,021 $15,979
2022 $3,062 $21,000 $5,021 $15,979
2021 $3,026 $20,998 $5,020 $15,978
2020 $2,015 $14,628 $2,438 $12,190
2019 $2,000 $16,129 $2,438 $13,691
2018 $2,507 $16,129 $2,438 $13,691
2017 $2,423 $14,629 $2,008 $12,621
2016 $2,430 $14,629 $2,008 $12,621
2015 $2,200 $14,629 $2,008 $12,621
2014 $2,082 $13,788 $1,721 $12,067
2013 $2,029 $13,788 $1,721 $12,067
Source: Public Records

Agents Affiliated with this Home

  • Brian Caron

    Landlord's Agent in 2022

    Brian Caron

    Baird & Warner

    (312) 802-8095

    1 in this area

    113 Total Sales

    Brian Caron
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11655445

Midwest Real Estate Data (MRED)

APN: 20-10-120-025-1003

Illinois Cook County Chicago 60615 Grand Boulevard

5037 S Michigan Ave Unit 2, Chicago, IL

This home is located at 5037 S Michigan Ave Unit 2, Chicago, IL 60615 since 18 October 2022 and is currently priced at $319,959. This property was built in 1893. 5037 S Michigan Ave Unit 2 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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