NOT LISTED FOR SALE

5132 S Drexel Ave Unit 2D Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $252,000 - $316,000

3 Beds
2 Baths
-- Sq Ft
10,585 Sq Ft Lot

Sale Details

Date Sold: June 28, 2024

Last sale price $105,000

Est. 184% increase in value since last sale

Current estimated payment $2,167 / mo

68 Days on Market

About This Home

As of June 2024

Vintage Condo with 3 Bedrooms, 2 Bathrooms, spacious living area in sought after Hyde Park. Bring your brilliant ideas and make this home your own. Walking distance to University of Chicago, Hyde Park local shops, restaurants and public transportation. HOA is Self-Managed. Rentals allowed with prior approval from HOA. Property is being sold in As Is condition / No Survey nor disclosures / Taxes pro rated 100% / Please see agent remarks for offer submission instructions. Illinois Condominium Act applies. There is a $12,200.00 Special Assessment against the unit that the buyer will be responsible for.

Last Agent to Sell the Property

Michael Olszewski

Area Wide Realty License #471011979 Listed on: 04/02/2024

Last Buyer's Agent

Imani Khayyuh

Mark Allen Realty ERA Powered License #475156032

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1912

Lot Details

  • 10,585

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Imani Khayyuh Board President Association, Phone Number (773) 332-1842

Amenities

  • Common Area

Pet Policy

  • Pets up to 30 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,558

Year Built

Built in 1912

Lot Details

10,585 Sq Ft Lot

HOA Fees

$450 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: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • 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

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Imani Khayyuh Board President
  • Management Phone: 773-332-1842
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 1558
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jun 21, 2024
Sold by
Terwin Mortgage Trust and Us Bank Trust National Association
Bought by
Drexel Avenue And Square Condominium Associat
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Imani Khayyuh
Mark Allen Realty ERA Powered
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Views
210
Current Estimated Value
$298,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,337
Avg. Annual Appreciation
77.49%

Purchase Details

Closed on
Jun 26, 2023
Sold by
Intercounty Judicial Sales Corporation
Bought by
Terwin Mortgage Trust

Purchase Details

Closed on
Dec 29, 2005
Sold by
Karlo Cudjoe
Bought by
Law Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8.25%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Drexel Avenue And Square Condominium Associat $105,000 Fidelity National Title
Terwin Mortgage Trust -- None Listed On Document
Law Stephen $142,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Law Stephen $113,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2026 04/08/26 Pending -- -- --
12/04/2025 12/04/25 Price Changed $319,000 -3.0% $213 / Sq Ft
09/17/2025 09/17/25 For Sale $329,000 +213.3% $219 / Sq Ft
06/28/2024 06/28/24 Sold $105,000 -4.5% --
06/10/2024 06/10/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $109,900 0.0% --
04/30/2024 04/30/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $109,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $1,627 $24,605 $4,848 $19,757
2024 $1,627 $24,605 $4,848 $19,757
2023 $1,559 $11,001 $3,910 $7,091
2022 $1,559 $11,001 $3,910 $7,091
2021 $1,542 $10,999 $3,909 $7,090
2020 $2,283 $13,351 $3,127 $10,224
2019 $2,232 $14,539 $3,127 $11,412
2018 $2,193 $14,539 $3,127 $11,412
2017 $1,700 $11,272 $2,580 $8,692
2016 $1,758 $11,272 $2,580 $8,692
2015 $1,585 $11,272 $2,580 $8,692
2014 $1,855 $12,566 $2,111 $10,455
2013 $1,807 $12,566 $2,111 $10,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018886

Midwest Real Estate Data (MRED)

APN: 20-11-300-032-1011

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