$329,000
OPEN SAT 1PM - 3PM

5039 S Michigan Ave Unit 1 Chicago, IL 60615

Grand Boulevard Neighborhood

Estimated payment $2,271/month

Total Views 561
3 Beds
2.5 Baths
1,700 Sq Ft
$194 Price per Sq Ft

Highlights

  • Deck
  • 4-minute walk to 51St Street Station
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Combination Dining and Living Room

About This Home

Luxurious Condo in the growing Grand Boulevard neighborhood of Bronzeville. Located on prestigious Michigan Avenue. Spacious 1,700 sq ft, 3 Bed, 2 1/2 Bath home has high ceilings, hardwood floors, crown moldings and state of the art surround sound throughout. Open floor plan provides plenty of space with beautiful gas fireplace. Kitchen has stainless steel appliances, custom cherry cabinets and granite counter tops. Unit also includes a deck that's perfect for outdoor entertaining and relaxing. 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 close to the Obama Presidential Center. Make your appointment today.

Listing Agent

Stacey Smith

Real Broker, LLC Brokerage Phone: (708) 527-9104 License #475133079 Listed on: 10/06/2025

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,568

Year Renovated

  • 2006

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Parking

  • 1 Parking Space
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, exterior maintenance, lawn care
  • 6 Units
  • Association Phone (773) 430-3329

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,568

Year Renovated

2006

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • 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
  • Rehab Year: 2006
  • Attribution Contact: (708) 527-9104
  • Special Features: OpenHouse
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1700
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: Y

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: 2567.57
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 For Sale $329,000 +7.2% $194 / Sq Ft
10/22/2021 10/22/21 Sold $307,000 0.0% $181 / Sq Ft View Prior Sale
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)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $307,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $293,000 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12488709

Midwest Real Estate Data (MRED)

APN: 20-10-120-025-1006