NOT LISTED FOR SALE

5220 S Dorchester Ave Unit 2N Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $248,000 - $416,000

3 Beds
2 Baths
-- Sq Ft
$475/mo HOA Fee

Last Sold February 08, 2022

Last sale price $340,000

Est. 6% increase in value since last sale

Current estimated payment $2,808/month

21 Days on Market

About This Home

As of February 2022

Located in sought after Hyde Park in an amazing location you will find this jumbo, vintage condo which has recently undergone a top to bottom full renovation. The property features gleaming refinished hardwood floors throughout the unit, all new light fixtures throughout. The unit has updated, new bathrooms with gorgeous vanities, there was no detail spared in this renovation. The seller has mixed the classic feel of Hyde Park and the building with the modern finishes every buyer seeks in this market. THe kitchen was opened with a gourmet chefs kitchen, open to the dining room the kitchen offers all new cabinets, a modern backsplash, SS appliances, and has a great family room/dining room option off the kitchen. If that was not enough the unit has a 3 seasons porch which is unique and amazing, you will not find a porch of this size in any other condos in this area. Get inside today, appreciate the blend of modern finishes and the classic historic features the building brings

Last Agent to Sell the Property

Ryan Smith

RE/MAX Premier License #475150650 Listed on: 12/14/2021

RE/MAX Premier

Last Buyer's Agent

Brittany Strale

Redfin Corporation License #475178711

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,446

Year Built

  • 1925

Lot Details

  • 7,492

HOA Fees

  • $475 per month

Home Design

  • Brick Exterior Construction

Community Details

Overview

  • 6 Units
  • Contact Kate Graham 773 450 734 Association, Phone Number (773) 450-7343

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,446

Year Built

1925

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • 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: 2
  • Directions: Lake Park Ave to 53rd St, West to Dorchester North to Property
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms
  • Stories: 1

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: None
  • Heating: Radiator(s)
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NONE
  • Management Contact Name: Contact Kate Graham 773-450-734
  • Management Phone: 773-450-7343X0000
  • Association Fee: 475
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Exterior Maintenance

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Multi Family

  • Units in Building: 6

Tax Info

  • Tax Annual Amount: 3868
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 15, 2022
Sold by
Capc Usa Llc
Bought by
Reed William G and Palacio Andrea Bustos
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Brittany Strale
Redfin Corporation
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%
Current Estimated Value
$359,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,997
Avg. Annual Appreciation
1.83%
Original Mortgage
$272,000
Outstanding Balance
$254,003
Interest Rate
3.55%
Estimated Equity
$108,502

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 2, 2022
Sold by
Capc Usa Llc
Bought by
Reed William G and Palacio Andrea Bustos
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Brittany Strale
Redfin Corporation
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$254,003
Interest Rate
3.55%
Estimated Equity
$108,502

Purchase Details

Closed on
May 22, 2019
Sold by
Njcc Fund 5 Reo Subsidiary Llc
Bought by
Capc Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,285,273
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2018
Sold by
Fondren Eric
Bought by
Njcc Fund 5 Reo Subsidiary Llc
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
Reed William G $340,000 --
Reed William G $340,000 --
Capc Usa Llc $190,132 Selectitle Llc
Njcc Fund 5 Reo Subsidiary Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed William G $272,000
Closed Reed William G $272,000
Previous Owner Capc Usa Llc $9,285,273
Previous Owner Fondren Roy $252,690
Previous Owner Fondren Roy $260,000
Previous Owner Fondren Roy $105,303
Previous Owner Fondren Roy $73,000
Previous Owner Fondren Roy $156,000
Previous Owner Fondren Roy $75,000
Previous Owner Fondren Roy $44,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $340,000 -5.5% --
01/05/2022 01/05/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $359,900 +46.5% --
08/27/2019 08/27/19 Sold $245,623 +29.2% --
05/03/2019 05/03/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $190,132 -- --
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 $4,446 $34,000 $7,747 $26,253
2023 $4,319 $21,001 $6,248 $14,753
2022 $4,319 $21,001 $6,248 $14,753
2021 $4,223 $20,999 $6,247 $14,752
2020 $3,868 $17,364 $4,998 $12,366
2019 $3,110 $18,910 $4,998 $13,912
2018 $3,057 $18,910 $4,998 $13,912
2017 $2,628 $15,581 $4,123 $11,458
2016 $2,621 $15,581 $4,123 $11,458
2015 $2,374 $15,581 $4,123 $11,458
2014 $2,283 $14,874 $3,373 $11,501
2013 $2,227 $14,874 $3,373 $11,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11286815

Midwest Real Estate Data (MRED)

APN: 20-11-409-028-1002