NOT LISTED FOR SALE

5057 N Sheridan Rd Unit 2S Chicago, IL 60640

Margate Park Neighborhood

Estimated Value: $469,000 - $648,033

3 Beds
2 Baths
1,800 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: June 26, 2024

Last sale price $585,000 $325 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,251 / mo

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Sun or Florida Room
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • Soaking Tub

About This Home

As of June 2024

Prepare to be wowed! This stunning 3BR, 2BTH home combines timeless charm and modern aesthetic. It also offers over 1,800 square feet of living space, very generous rooms sizes, an open layout and lots of original detail including crown molding, elegant vaulted barrel ceiling in the main hallway, original butler's pantry and built-in book cases everywhere. Sitting on a lovely tree-lined street, just one block from the lakefront and Foster Beach, the location can't be beat! Steps to everything, including the red line Arglye or Berwyn stops, Lake Shore Drive, 147 express bus to downtown, Tweet, Big Chicks, Mariano's, Jewel Osco, and only minutes to the Argyle Asian Food District and all the shops and bars along Clark Street in Andersonville as well. This home has been impeccably maintained. Very large foyer opens up to a spacious and light-filled living room with fireplace and adjacent sunroom. An oversized dining room that will fit any sized table adjoins the gracious living room with a butler's pantry conveniently situated between the kitchen and dining room for extra storage and perfect for entertaining. The kitchen features all high-end Bosch stainless appliances including double ovens, built-in 5-burner stovetop, and new dishwasher (2022), in addition to a built-in wine fridge, extra-deep stainless-steel sink, granite countertops and high-end cork flooring. The primary bedroom suite bath features dual sinks, a deep soaking bathtub, new fixtures, updated electric and a Toto Washlet Bidet. Very large 2nd bedroom has two walls of shelving and good closet space. 3rd bedroom is currently used as a home office. This home has central air and heat with Nest Thermostat, in-unit washer and dryer, Custom Hunter Douglas shades in kitchen, bathrooms, and third bedroom. Monthly assessment includes premium cable package + high-speed internet, water, garbage, snow removal and common area cleaning. Entertain outside in shared, cozy outdoor courtyard perfect for summer cocktails or alfresco dining. Ample secured storage for bikes and more. Easy street parking or rental parking options in the area.

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 05/08/2024

Baird & Warner

Last Buyer's Agent

Kit Welch

Baird & Warner License #475164869

Baird & Warner
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,004

Year Built

  • Built in 1917

Lot Details

  • Fenced Yard

HOA Fees

  • $504 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 12 Units

Amenities

  • Building Patio
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,004

Year Built

Built in 1917

Lot Details

0.26 Acres

HOA Fees

$504 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1917
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Bookcases
  • LivingArea: 1800
  • Room Type: Sun Room, Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1800
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1800
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Cable Access
  • Lot Features: Fenced Yard, Sidewalks
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 504
  • Association Amenities: Bike Room/Bike Trails, Storage, Patio
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8003.96
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 24, 2024
Sold by
Bought by
Seller's Agent
Michael Hall
Baird & Warner
Buyer's Agent
Kit Welch
Baird & Warner
List Price
$535,000
Sold Price
$585,000
Premium/Discount to List
$50,000
9.35%
Views
6
Current Estimated Value
$576,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,242
Avg. Annual Appreciation
-0.67%
Original Mortgage
$309,000
Outstanding Balance
$302,652
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$274,106

Purchase Details

Listed on
Sep 22, 2022
Closed on
Feb 15, 2023
Sold by
Bought by
Seller's Agent
Liz Lassner
@properties Christie's International Real Estate
Buyer's Agent
Joey Chiappetta
realocate
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$113,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 10, 2016
Closed on
Apr 18, 2016
Sold by
Bought by
Seller's Agent
Karen Biazar
North Clybourn Group, Inc.
Buyer's Agent
Kelly Angelopoulos
Jameson Sotheby's Intl Realty
List Price
$329,000
Sold Price
$336,000
Premium/Discount to List
$7,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$302,400
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 6, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Margate Park, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$565,000 Chicago Title
$480,000 Chicago Title
$390,000 Ravenswood Title Company Llc
$336,000 None Available
$332,500 Multiple
$169,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $309,000
Previous Owner $113,000
Previous Owner $60,000
Previous Owner $302,200
Closed $302,400
Previous Owner $235,000
Previous Owner $260,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $585,000 +9.3% $325 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $535,000 +11.5% $297 / Sq Ft
02/21/2023 02/21/23 Sold $480,000 -3.0% -- View Prior Sale
01/17/2023 01/17/23 Pending -- -- --
09/22/2022 09/22/22 For Sale $495,000 +47.3% --
04/20/2016 04/20/16 Sold $336,000 +2.1% -- View Prior Sale
03/12/2016 03/12/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $329,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,235 $49,237 $9,220 $40,017
2024 $8,235 $49,237 $9,220 $40,017
2023 $8,004 $41,000 $8,241 $32,759
2022 $8,004 $41,000 $8,241 $32,759
2021 $7,855 $40,999 $8,241 $32,758
2020 $6,754 $32,370 $5,150 $27,220
2019 $6,713 $35,675 $5,150 $30,525
2018 $6,597 $35,675 $5,150 $30,525
2017 $5,790 $29,376 $4,532 $24,844
2016 $5,556 $29,376 $4,532 $24,844
2015 $5,070 $29,376 $4,532 $24,844
2014 $4,150 $24,272 $3,502 $20,770
2013 $4,080 $24,272 $3,502 $20,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12036189

Midwest Real Estate Data (MRED)

APN: 14-08-407-023-1005

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