NOT LISTED FOR SALE

5220 S Michigan Ave Unit 3 Chicago, IL 60615

Washington Park Neighborhood

Estimated Value: $234,000 - $278,000

3 Beds
2 Baths
1,300 Sq Ft
$197/Sq Ft Est. Value

About This Home

As of May 2024

Large 3 bedroom, 2 bathroom unit with an abundance of natural light and oak hardwood floors throughout. Open living, dining, kitchen area with vaulted ceiling, gas fireplace and Juliet balcony. Granite countertops in kitchen with stainless steel appliances. En suite bathroom in primary bedroom with walk-in closet. Unit has skylights, in-unit laundry, rear deck, and basement storage room. TWO on-site, secure, parking spaces included in rent. Small pets will be considered on a case by case basis. Rehabbed in 2024. Close to CTA bus/train and Metra. Easy access to I90/94. Walk to restaurants, shops, and Boxville.

Last Agent to Rent the Property

Beth Johnson

eXp Realty, LLC Listed on: 05/12/2024

eXp Realty, LLC

Last Renter's Agent

Ayanna Lee

Baird & Warner License #475208986

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 2007 | Remodeled in 2024

Lot Details

  • 3,920

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 25x150

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Property Available on 5/12/24
  • Rent includes electricity, water, parking, scavenger, exterior maintenance, storage lockers, snow removal, air conditioning

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 2007 | Remodeled in 2024

Lot Details

0

Rental Info

  • Available Date: 2024-05-12
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2100
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Attached
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2024
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1300
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 2100
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Electricity, Water, Parking, Scavenger, Exterior Maintenance, Storage Lockers, Snow Removal, Air Conditioning

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2007
Sold by
Berry Hill Construction Inc
Bought by
Blakely Tangela and Reavis Martin
Current Estimated Value
$256,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$142,259
Interest Rate
6.25%
Mortgage Type
Unknown
Estimated Equity
$114,433
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blakely Tangela $240,000 P N T N
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blakely Tangela $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Rented $2,100 0.0% --
05/12/2024 05/12/24 For Rent $2,100 +17.0% --
11/20/2020 11/20/20 Rented $1,795 0.0% --
11/12/2020 11/12/20 Under Contract -- -- --
11/03/2020 11/03/20 For Rent $1,795 0.0% --
10/28/2020 10/28/20 Off Market $1,795 -- --
09/02/2020 09/02/20 For Rent $1,795 +8.8% --
01/18/2016 01/18/16 Under Contract -- -- --
01/18/2016 01/18/16 Rented $1,650 -8.3% --
08/18/2015 08/18/15 For Rent $1,800 -- --
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 $2,262 $18,309 $3,716 $14,593
2023 $2,183 $14,000 $3,716 $10,284
2022 $2,183 $14,000 $3,716 $10,284
2021 $2,152 $13,999 $3,715 $10,284
2020 $2,762 $15,499 $1,804 $13,695
2019 $2,745 $17,090 $1,804 $15,286
2018 $2,697 $17,090 $1,804 $15,286
2017 $2,474 $14,869 $1,486 $13,383
2016 $2,478 $14,869 $1,486 $13,383
2015 $2,244 $14,869 $1,486 $13,383
2014 $2,395 $15,477 $1,273 $14,204
2013 $2,337 $15,477 $1,273 $14,204
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12054003

Midwest Real Estate Data (MRED)

APN: 20-10-301-076-1003