NOT LISTED FOR SALE

5039 S Michigan Ave Unit 1 Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated Value: $289,000 - $383,000

3 Beds
3 Baths
1,700 Sq Ft
$313/mo HOA Fee

Last Sold October 22, 2021

Last sale price $307,000 $181 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,476/month

10 Days on Market

About This Home

As of October 2021

Luxurious, completely renovated condo in the growing 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. High ceilings, hardwood floors, solid-core doors, crown moldings and state of the art surround sound throughout. Open floor plan provides a huge Living-Dining space with beautiful gas fireplace. Adjoining Kitchen has stainless steel appliances, custom cherry cabinets and granite counter tops. There's also a brand-new rear deck that's perfect for outdoor entertaining and relaxing. Spacious Main Bedroom with marble Main Bath, walk-in shower, spa tub and double-bowl vanity. In-unit washer/dryer. Secured parking space with front and back gate included. Walk to everything this historic Chicago neighborhood has to offer. Easy access to I-90/94, shops, museums, Washington Park and Jackson Park, University of Chicago and so much more. Don't miss this OPPORTUNITY!

Last Agent to Sell the Property

Brandyn Vita

eXp Realty License #475180903 Listed on: 09/10/2021

eXp Realty

Co-Listed By

Patrick Lynch

eXp Realty License #471012590

Last Buyer's Agent

Cynetria Watkins

Redfin Corporation License #475193226

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,743

Year Renovated

  • 2006

Lot Details

  • 10,542

HOA Fees

  • $313 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room
  • Unfinished Basement

Parking

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 6 Units
  • Association Phone (773) 430-3329

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,743

Year Renovated

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: Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2006
  • Co List Office Mls Id: MRD87488
  • Co List Office Phone: (888) 574-9405
  • Directions: I-94 to 43rd St, go East to Michigan Ave, then South on Michigan to property 5037-39
  • Lot Size: CONDO
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Renovated: 2006

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Deck
  • 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, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Management Company: NA
  • Management Contact Name: NA
  • Management Phone: 773-430-3329
  • Association Fee: 313
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Parking, Insurance, Exterior Maintenance, Lawn Care

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: Y
  • Additional Parcels: No

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 Exemptions: Homeowner
  • Tax Annual Amount: 2567.57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Schindeldecker Justin
Bought by
Wordlaw Belinda Kay
Seller's Agent
Brandyn Vita
eXp Realty
Buyer's Agent
Cynetria Watkins
Redfin Corporation
List Price
$307,000
Sold Price
$307,000
Current Estimated Value
$340,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,340
Avg. Annual Appreciation
3.25%
Original Mortgage
$293,000
Outstanding Balance
$269,985
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$77,297
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
Wordlaw Belinda Kay $307,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wordlaw Belinda Kay $293,000
Previous Owner Schindeldecker Justin $210,500
Previous Owner Silver Gate Development Inc $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $307,000 0.0% $181 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $307,000 -- $181 / 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 $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 $2,721 $17,235 $1,721 $15,514
2013 $2,656 $17,235 $1,721 $15,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11214797

Midwest Real Estate Data (MRED)

APN: 20-10-120-025-1006