NOT LISTED FOR SALE

5221 N Osceola Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $359,000 - $461,000

3 Beds
1 Bath
1,176 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $285,000 $242 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,759/month

38 Days on Market

Highlights

  • Property is near a park
  • Georgian Architecture
  • Formal Dining Room
  • Taft High School Rated A-
  • Lower Floor Utility Room
  • 2 Car Detached Garage

About This Home

As of January 2023

Sweet Brick Georgian 3 bedroom/1 bath home on a a quiet street in highly desirable Oriole Park. This home has hardwood floor in the living room and second floor bedrooms. The kitchen has white cabinets and a large pantry. The third bedroom is off of the kitchen and overlooks a large back yard. This room would also make a nice family room. Two generous bedrooms and full bath on the second floor. The full high and dry basement awaits your finishing touches. Central Air conditioning! Extra -large lot (40x127) with a 2-car garage and room for more parking if needed.

Last Agent to Sell the Property

Erica Cuneen

Beyond Properties Realty Group License #471004571 Listed on: 10/11/2022

Last Buyer's Agent

Shernice Jones

Kingdom Realty Group License #471018131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,855

Year Built

  • Built in 1944

Lot Details

  • 5,097

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Lower Floor Utility Room
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Lot Dimensions are 40 x 127
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,855

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1944
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1176
  • Room Type: Utility Room-Lower Level, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1176
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 285000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 40 X 127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 4854.77
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Dec 21, 2022
Sold by
University Of Illinois Foundation
Bought by
Collazo Carmen M
Seller's Agent
Erica Cuneen
Beyond Properties Realty Group
Buyer's Agent
Shernice Jones
Kingdom Realty Group
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Views
62
Current Estimated Value
$409,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,525
Avg. Annual Appreciation
14.26%
Original Mortgage
$170,000
Outstanding Balance
$164,209
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$245,316

Purchase Details

Closed on
Sep 22, 2022
Sold by
Magda Simopoulos Revocable Trust
Bought by
University Of Illinois Foundation

Purchase Details

Closed on
Mar 5, 2020
Sold by
Simopoulos Magda
Bought by
Simopoulos Magda and Tsarpalas Stella
Source: Public Records

Range of Values:

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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
Collazo Carmen M -- Prairie Title
University Of Illinois Foundation -- None Listed On Document
Simopoulos Magda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collazo Carmen M $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2023 01/18/23 Sold $285,000 0.0% $242 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $285,000 -4.7% $242 / Sq Ft
10/11/2022 10/11/22 For Sale $299,000 -- $254 / 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 $6,963 $36,000 $12,700 $23,300
2023 $5,521 $33,000 $10,160 $22,840
2022 $5,521 $33,000 $10,160 $22,840
2021 $5,431 $33,000 $10,160 $22,840
2020 $4,855 $27,377 $6,350 $21,027
2019 $4,804 $30,085 $6,350 $23,735
2018 $4,721 $30,085 $6,350 $23,735
2017 $4,394 $26,486 $5,588 $20,898
2016 $4,447 $26,486 $5,588 $20,898
2015 $4,285 $27,881 $5,588 $22,293
2014 $3,954 $25,713 $5,080 $20,633
2013 $3,857 $25,713 $5,080 $20,633
Source: Public Records

Agents Affiliated with this Home

  • Erica Cuneen

    Seller's Agent in 2023

    Erica Cuneen

    Beyond Properties Realty Group

    (708) 220-2025

    1 in this area

    320 Total Sales

    Erica Cuneen
    Section Image

  • S

    Buyer's Agent in 2023

    Shernice Jones

    Kingdom Realty Group

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11642394

Midwest Real Estate Data (MRED)

APN: 12-12-220-010-0000

Illinois Cook County Chicago 60656 Norwood Park

5221 N Osceola Ave, Chicago, IL

This home is located at 5221 N Osceola Ave, Chicago, IL 60656 since 11 October 2022 and is currently estimated at $409,525, approximately $348 per square foot. This property was built in 1944. 5221 N Osceola Ave is a home located in Cook County with nearby schools including Oriole Park Elementary School, Taft High School, and St. Monica Academy.

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