$288,000
SOLD MAY 5, 2022

5140 N Albany Ave Unit 1 Chicago, IL 60625

North Park Neighborhood
2 Beds
2 Baths
1,400 Sq Ft
$234/mo HOA Fee

Recently Sold

$206 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • 1 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • 5-minute walk to Ronan Park

About This Home

As of May 2022

Charming 2 bed / 2 bath condo located on a quiet street in North Park. This freshly painted unit features an updated kitchen with stainless steel appliances, quartz counter-tops and a newer backsplash. The living room is spacious, bright and has enough space for an in-home office. A seperate dining room is situated off of the kitchen and can also be used as a den. Both bedrooms are a great size with the primary bedroom offering a walk-in closet and en-suite bathroom. Outdoor space includes a private patio which can be accessed off of the kitchen or primary bedroom and a common yard and deck area perfect for grilling and entertaining. Additional features include a one car garage, in-unit washer / dryer, hardwood floors throughout and central AC and heat. This building is also pet and investor friendly with low monthly assessments at $234 per month. River Park is right outside your front door and includes tennis courts, a dog park, outdoor pool, playground, kayak launch and turf field with walking track. Also conveniently located near the CTA Brown Line, North Park University, Northeastern Illinois University, restaurants and much more!

Last Agent to Sell the Property

Holly Wolack

@properties Christie's International Real Estate License #475178954 Listed on: 03/31/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Nichole Dinino

Redfin Corporation License #475150121

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,875

Year Renovated

  • 2005

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger
  • 4 Units

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,875

Year Renovated

2005

Lot Details

0

HOA Fees

$234 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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: 1
  • Rehab Year: 2005
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1400
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Deck
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 289000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 234
  • Association Amenities: Bike Room/Bike Trails
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Self
  • Management Phone: 555-555-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

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: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4875.03
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 3, 2022
Sold by
Zalewski Anne and Zalewski John
Bought by
Emina Djelovic and Gjoni Kabil
Seller's Agent
Holly Wolack
@properties Christie's International Real Estate
Buyer's Agent
Nichole Dinino
Redfin Corporation
List Price
$289,000
Sold Price
$288,000
Premium/Discount to List
-$1,000
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$206,500
Interest Rate
4.63%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 24, 2019
Sold by
Volk Kyle and Huie Michelle
Bought by
Zalewski John and Zalewski Anne
Seller's Agent
Michael McCallum
Baird & Warner
Buyer's Agent
Erik Blinn
Baird & Warner
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$243,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Albany Bank & Trust Co Na
Bought by
Volk Kyle and Huie Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $288,000 Proper Title
Warranty Deed $255,000 Baird & Warner Ttl Svcs Inc
Deed $275,000 Freedom Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $206,500 Balloon
Previous Owner $243,000 New Conventional
Previous Owner $197,200 New Conventional
Previous Owner $27,500 Credit Line Revolving
Previous Owner $220,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $349,900 +21.5% $250 / Sq Ft
05/05/2022 05/05/22 Sold $288,000 -0.3% $206 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $289,000 +13.3% $206 / Sq Ft
04/26/2019 04/26/19 Sold $255,000 -1.5% $182 / Sq Ft
03/18/2019 03/18/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $259,000 0.0% $185 / Sq Ft
05/02/2017 05/02/17 Rented $1,675 0.0% --
04/13/2017 04/13/17 For Rent $1,675 -- --
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 $5,929 $27,187 $3,417 $23,770
2023 $5,073 $28,000 $2,734 $25,266
2022 $5,073 $28,000 $2,734 $25,266
2021 $4,977 $27,999 $2,733 $25,266
2020 $4,875 $21,808 $1,415 $20,393
2019 $4,221 $24,369 $1,415 $22,954
2018 $4,149 $24,369 $1,415 $22,954
2017 $2,792 $16,302 $1,269 $15,033
2016 $2,774 $16,302 $1,269 $15,033
2015 $2,515 $16,302 $1,269 $15,033
2014 $3,265 $20,100 $1,171 $18,929
2013 $3,189 $20,100 $1,171 $18,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11361167

Midwest Real Estate Data (MRED)

APN: 13-12-301-034-1002