NOT LISTED FOR SALE

5223 S Drexel Ave Unit 3N Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $225,000 - $253,000

2 Beds
1 Bath
1,150 Sq Ft
$282/mo HOA Fee

Last Sold December 15, 2021

Last sale price $212,000 $184 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,780/month

Highlights

  • Combination Dining and Living Room
  • Kenwood Academy High School Rated A-
  • 5-minute walk to Coleman (Bessie) Park

About This Home

As of December 2021

**SOLD BEFORE PRINT**Welcome home to this light filled top floor, move-in ready 2 bedroom + den/bonus room, 1 bath unit! Some notable features include custom window treatments, built-in custom closets, in-unit Bosch W/D, HVAC, SS appliances (Bosch, Fisher Paykel), smart Lutron lights and Nest thermostat, large storage unit in basement (along with shared bike room), professionally designed and renovated bathroom with heated floor, high-end light fixtures & ceiling fans (Rejuvenation, Schoolhouse, Minka) and built-in wall TV speakers. This exceptional location is walking distance to UChicago (shuttle bus stops right at corner), coffee, restaurants, parks, shops, places of worship, and express bus to downtown. The building is primarily owner-occupied with many long-time owners (rental cap enforced). And finally, it is landlocked so there's no alley behind the property (AKA very quiet). Fido is welcome!

Last Agent to Sell the Property

Helen Sobel

Baird & Warner License #475102613 Listed on: 11/09/2021

Baird & Warner

Last Buyer's Agent

Helen Sobel

Baird & Warner License #475102613 Listed on: 11/09/2021

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,897

Year Built | Renovated

  • 1925 | 2007

Lot Details

  • 0.28

HOA Fees

  • $282 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Combination Dining and Living Room

Community Details

Overview

  • 20 Units
  • Bebe Ferenac Association, Phone Number (773) 684-5400
  • Low-Rise Condominium
  • Property managed by Marion Realty

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,897

Year Built | Renovated

1925 | 2007

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub Type: Low Rise (1-3 Stories)
  • 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): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2007
  • Directions: South on Drexel. Property on east side between 52nd and 53rd.
  • Lot Size: PER SURVEY
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1925
  • Year Renovated: 2007

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Den
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Marion Realty
  • Management Contact Name: Bebe Ferenac
  • Management Phone: 773-684-5400
  • Association Fee: 282
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 20

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 2588
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 13, 2022
Sold by
Dumaine Anne
Bought by
Gibbons Patricia A
Seller's Agent
Helen Sobel
Baird & Warner
Buyer's Agent
Helen Sobel
Baird & Warner
List Price
$218,900
Sold Price
$212,000
Premium/Discount to List
-$6,900
-3.15%
Current Estimated Value
$240,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,237
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Nov 9, 2021
Closed on
Nov 9, 2021
Sold by
Dumaine Anne
Bought by
Gibbons Patricia A
Seller's Agent
Helen Sobel
Baird & Warner
Buyer's Agent
Helen Sobel
Baird & Warner
List Price
$218,900
Sold Price
$212,000
Premium/Discount to List
-$6,900
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.25%

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 31, 2019
Sold by
Klinzman Grant and Willis Jaime
Bought by
Dumaine Anne
Seller's Agent
Helen Sobel
Baird & Warner
Buyer's Agent
Veronique MacDonald
Compass
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$133,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Hernandez Mario and Hernandez Melissa
Bought by
Klinzman Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2007
Sold by
Drexel Properties Llc
Bought by
Hernandez Mario and Hernandez Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.33%
Mortgage Type
Unknown
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
Gibbons Patricia A $212,000 --
Gibbons Patricia A $212,000 --
Gibbons Patricia A $212,000 --
Dumaine Anne $205,000 Chicago Title
Klinzman Grant $140,000 None Available
Hernandez Mario $210,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbons Patricia A $162,000
Previous Owner Dumaine Anne $133,250
Previous Owner Klinzman Grant $126,000
Previous Owner Hernandez Mario $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $212,000 -3.2% $184 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $218,900 +6.8% $190 / Sq Ft
11/07/2019 11/07/19 Sold $205,000 -4.7% $178 / Sq Ft View Prior Sale
10/11/2019 10/11/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $215,000 -- $187 / 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 $2,897 $19,911 $3,574 $16,337
2023 $2,793 $17,000 $2,882 $14,118
2022 $2,793 $17,000 $2,882 $14,118
2021 $2,749 $16,999 $2,882 $14,117
2020 $2,589 $11,620 $2,305 $9,315
2019 $1,853 $12,654 $2,305 $10,349
2018 $1,821 $12,654 $2,305 $10,349
2017 $1,644 $11,010 $1,902 $9,108
2016 $1,705 $11,010 $1,902 $9,108
2015 $1,537 $11,010 $1,902 $9,108
2014 $1,627 $11,338 $1,556 $9,782
2013 $1,584 $11,338 $1,556 $9,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11266759

Midwest Real Estate Data (MRED)

APN: 20-11-307-022-1010