NOT LISTED FOR SALE

5219 S Drexel Ave Unit 3 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $243,000 - $286,000

2 Beds
2 Baths
1,314 Sq Ft
0.28 Acres

Last Sold June 20, 2018

Last sale price $220,000 $167 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,647/month

Highlights

  • Wood Flooring
  • Fenced Yard
  • Storage
  • Kenwood Academy High School Rated A-
  • Laundry Room
  • 5-minute walk to Coleman (Bessie) Park

About This Home

As of June 2022

Spacious Hyde Park Condo w/ Great Natural Light on One of the South Sides Finest Tree Lined Streets. Bright and Spacious corner unit The Heritage. Hardwood Floors Throughout, Stainless Steel Appliances, Granite Countertops and in-unit Washer/Dryer. Split Open Floorpan w/ Generous Second Bedroom. Short Walk to The University of Chicago and 53rd St. Retail Corridor

Last Agent to Rent the Property

Joffre Colbert

@properties Christie's International Real Estate License #475145296 Listed on: 05/27/2022

@properties Christie's International Real Estate

Last Renter's Agent

Thomas Palmen

@properties Christie's International Real Estate License #475173049

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,321

Year Built

  • 1925

Lot Details

  • Fenced Yard

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,314 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Property Available on 7/1/22
  • Rent includes exterior maintenance, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 20 Units
  • Bebe Ferenac Association, Phone Number (312) 462-3554
  • Property managed by Marian Realty

Pet Policy

  • Pets up to 75 lbs
  • Dogs and Cats Allowed

Security

  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,321

Year Built

1925

Lot Details

0

Rental Info

  • Available Date: 2022-07-01
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1975
  • Security Deposit: 1/MO
  • Max Pet Weight: 75

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Age: 91-100 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: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1314
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Rent Includes: Exterior Maintenance, Snow Removal
  • Management Company: Marian Realty
  • Management Contact Name: Bebe Ferenac
  • Management Phone: 312-462-3554

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 12, 2018
Sold by
Gregory Geoffrey and Gregory Donna
Bought by
Davenport Diag
Seller's Agent
Christopher Norton
Compass
Buyer's Agent
Joffre Colbert
@properties Christie's International Real Estate
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%
Current Estimated Value
$260,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,497
Avg. Annual Appreciation
2.32%
Original Mortgage
$187,000
Outstanding Balance
$162,158
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$98,339

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 9, 2015
Sold by
Edstam James and Kitada Akiko
Bought by
Gregory Geoffrey and Gregory Donna
Seller's Agent
Biserka Ferenac
Marian Realty, Inc.
Buyer's Agent
Leo Kassin
Dream Town Real Estate
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Mar 1, 2008
Sold by
Drexel Properties Llc
Bought by
Edstam Torsten Kitada and Edstam James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davenport Diag $220,000 Saturn Title Company
Gregory Geoffrey $160,000 Chicago Title Insurance Co
Edstam Torsten Kitada $253,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Diag $187,000
Previous Owner Edstam Torsten Kitada $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Rented $1,975 0.0% --
06/06/2022 06/06/22 Under Contract -- -- --
05/27/2022 05/27/22 For Rent $1,975 0.0% --
06/20/2018 06/20/18 Sold $220,000 +2.3% $167 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $215,000 +34.5% $164 / Sq Ft
07/22/2015 07/22/15 Sold $159,900 0.0% $122 / Sq Ft View Prior Sale
05/05/2015 05/05/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $159,900 -- $122 / 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 $3,321 $22,499 $4,039 $18,460
2023 $3,204 $19,000 $3,257 $15,743
2022 $3,204 $19,000 $3,257 $15,743
2021 $3,151 $18,998 $3,256 $15,742
2020 $2,234 $13,131 $2,605 $10,526
2019 $2,873 $14,299 $2,605 $11,694
2018 $2,146 $14,299 $2,605 $11,694
2017 $1,952 $12,441 $2,149 $10,292
2016 $1,992 $12,441 $2,149 $10,292
2015 $1,799 $12,441 $2,149 $10,292
2014 $1,900 $12,811 $1,758 $11,053
2013 $1,852 $12,811 $1,758 $11,053
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Joffre Colbert

    @ Properties

    Section Image
  • Thomas Palmen

    Tenant's Agent in 2022

    Thomas Palmen

    @ Properties

    (312) 543-9380

    52 Total Sales

    Thomas Palmen
    Section Image
  • Christopher Norton

    Seller's Agent in 2018

    Christopher Norton

    Compass

    (773) 490-0631

    94 Total Sales

    Christopher Norton
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Lisette Baltazar

    Kale Realty

    3 Total Sales

    Lisette Baltazar
    Section Image

  • B

    Seller's Agent in 2015

    Biserka Ferenac

    Marian Realty, Inc.

    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Sara Kennedy

    Marian Realty, Inc.

    (773) 684-5400

    Sara Kennedy
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418036

Midwest Real Estate Data (MRED)

APN: 20-11-307-022-1004

Illinois Cook County Chicago 60615 Hyde Park

5219 S Drexel Ave Unit 3, Chicago, IL

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