NOT LISTED FOR SALE

5147 N East River Rd Unit 348 Chicago, IL 60656

O'Hare Neighborhood

Estimated Value: $200,000 - $225,000

2 Beds
1.5 Baths
1,000 Sq Ft
$281/mo HOA Fee

Last Sold April 26, 2022

Last sale price $170,000 $170 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,696/month

3 Days on Market

Highlights

  • Balcony
  • Living Room
  • Laundry Room
  • Taft High School Rated A-
  • Resident Manager or Management On Site
  • Dining Room

About This Home

As of April 2022

Welcome to this rarely available 2 bed, 1.5 bath spacious corner unit! Located in the sought after area of O'Hare, the well-managed Forest Villa's unit will not last long. The lovely condo features a great floor plan with a large living room, dining room, eat-in kitchen, 2 sizeable bedrooms, and 1.5 bath. Master bed features a half bath en suite. There is an in-unit washer/dryer and plenty of closet space for your personal and storage needs. Extra storage room in the basement as well. 1 assigned parking spot. The inviting balcony overlooks a lovely and well manicured courtyard. Unit was freshly painted in neutral tones and the kitchen cabinets are newly painted white. Bring your decorative touches and make this gem your own! Located across from Catherine Chevalier Woods. Just 2 Miles to Cumberland CTA, a short drive to Mariano's Grocery Store, highways, and all Rosemont Entertainment. All units are owner occupied!

Last Agent to Sell the Property

Gina Mayerbock

Baird & Warner License #475187947 Listed on: 03/10/2022

Baird & Warner

Last Buyer's Agent

Marek Milewski

xr realty License #475176954

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1979

Lot Details

  • 1.49

HOA Fees

  • $281 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, snow removal
  • 72 Units
  • Hillcrest Management Co. Association, Phone Number (630) 627-3303
  • Property managed by Hillcrest

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,536

Year Built

Built in 1979

Lot Details

0

HOA Fees

$281 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: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 164900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 281
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Hillcrest
  • Management Contact Name: Hillcrest Management Co.
  • Management Phone: 630-627-3303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1536.25
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Other

Multi Family

  • Units in Building: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 2, 2022
Sold by
Kuehlman Adam M and Michael W Kuehlman Declaration Of Trust
Bought by
Salas Freddie and Astorga Ruby
Seller's Agent
Gina Mayerbock
Baird & Warner
Buyer's Agent
Marek Milewski
xr realty
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%
Current Estimated Value
$214,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,760
Avg. Annual Appreciation
7.54%
Original Mortgage
$161,500
Outstanding Balance
$154,054
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$61,851

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 13, 2022
Sold by
Michael W Kuehlman Declaration Of Trust
Bought by
Astorga Ruby and Salas Freddie
Seller's Agent
Gina Mayerbock
Baird & Warner
Buyer's Agent
Marek Milewski
xr realty
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Outstanding Balance
$154,054
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$61,851

Purchase Details

Closed on
Mar 20, 2006
Sold by
Kuehlman Michael W
Bought by
Declaration Kuehlman Michael W and Michael W Kuehlman Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,300
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2001
Sold by
Iwanec Peter and Iwanec Maria
Bought by
Kuehlman Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.03%

Purchase Details

Closed on
Dec 4, 1995
Sold by
Iwanec Peter
Bought by
Iwanec Peter and Iwanec Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
7.78%

Purchase Details

Closed on
Dec 1, 1995
Sold by
Malinowska Irena
Bought by
Iwance Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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Average Value
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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
Salas Freddie $170,000 --
Astorga Ruby $170,000 None Listed On Document
Declaration Kuehlman Michael W -- Ticor Title Ins Co 1998
Kuehlman Michael W $160,000 --
Iwanec Peter -- --
Iwance Peter $94,500 --
Iwanec Peter $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Freddie $161,500
Closed Astorga Ruby $161,500
Previous Owner Declaration Kuehlman Michael W $95,300
Previous Owner Kuehlman Michael W $30,000
Previous Owner Kuehlman Michael W $117,000
Previous Owner Kuehlman Michael W $15,000
Previous Owner Kuehlman Michael W $100,000
Previous Owner Iwanec Peter $8,000
Previous Owner Iwanec Peter $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $170,000 +3.1% $170 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $164,900 -- $165 / 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 $2,743 $17,468 $2,226 $15,242
2023 $1,829 $13,000 $1,781 $11,219
2022 $1,829 $13,000 $1,781 $11,219
2021 $1,810 $12,999 $1,780 $11,219
2020 $1,536 $10,619 $1,112 $9,507
2019 $1,541 $11,786 $1,112 $10,674
2018 $1,514 $11,786 $1,112 $10,674
2017 $1,192 $9,586 $979 $8,607
2016 $1,277 $9,586 $979 $8,607
2015 $1,139 $9,586 $979 $8,607
2014 $2,138 $14,823 $934 $13,889
2013 $2,081 $14,823 $934 $13,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11344178

Midwest Real Estate Data (MRED)

APN: 12-11-310-071-1072