NOT LISTED FOR SALE

5224 N Winthrop Ave Unit 2B Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $251,000 - $296,000

1 Bed
1 Bath
-- Sq Ft
$263/mo HOA Fee

Last Sold February 28, 2022

Last sale price $208,000

Est. 27% increase in value since last sale

Current estimated payment $1,925/month

111 Days on Market

Highlights

  • Balcony
  • 5-minute walk to Argyle Station
  • Central Air
  • Living Room
  • Laundry Room
  • 5-minute walk to Carmen Park

About This Home

As of February 2022

This is an excellent opportunity to own this beautiful condo in Edgewater. Property features Beautiful updates, including open kitchen with stainless steel appliances, granite counters, 42"cabinets, Gleaming hardwood flooring throughout, in-unit washer and dryer, ample storage and plenty of natural light. Front balcony overlooking Winthrop and extra den perfect for office or sitting room. Exterior secure parking and large storage unit. Conveniently located just footsteps from the lake, CTA, Red Line, Mariano's, restaurants & Schools.

Last Agent to Sell the Property

Louie Psyhogios

SR Realty Group Inc. License #475159155 Listed on: 10/01/2021

Last Buyer's Agent

Tom McCarey

@properties Christie's International Real Estate License #475130892

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,878

Year Built

  • Built in 1903

Lot Details

  • 9,583

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, scavenger
  • 10 Units
  • Dan Association, Phone Number (312) 823-7065
  • Property managed by Berwyn Condos Edgewater

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,878

Year Built

Built in 1903

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 213000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • 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: Cats OK, Dogs OK
  • Association Fee: 263
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Berwyn Condos Edgewater
  • Management Contact Name: Dan
  • Management Phone: 312-823-7065
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2877.53
  • Tax Year: 2020

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 15, 2022
Sold by
Theodorakakais Frank
Bought by
Herstein Adam M
Seller's Agent
Louie Psyhogios
SR Realty Group Inc.
Buyer's Agent
Tom McCarey
@properties Christie's International Real Estate
List Price
$218,000
Sold Price
$208,000
Premium/Discount to List
-$10,000
-4.59%
Current Estimated Value
$264,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,070
Avg. Annual Appreciation
7.87%
Original Mortgage
$187,200
Outstanding Balance
$174,916
Interest Rate
3.6%
Estimated Equity
$96,076

Purchase Details

Listed on
Oct 1, 2021
Closed on
Feb 21, 2022
Sold by
Theodorakakais Frank
Bought by
Herstein Adam M
Seller's Agent
Louie Psyhogios
SR Realty Group Inc.
Buyer's Agent
Tom McCarey
@properties Christie's International Real Estate
List Price
$218,000
Sold Price
$208,000
Premium/Discount to List
-$10,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Outstanding Balance
$174,916
Interest Rate
3.6%
Estimated Equity
$96,076

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 13, 2017
Sold by
Hooker Bruce A and Davidson Jeffery J
Bought by
Theodorakakis Frank
Seller's Agent
Heather Seidelman
@properties Christie's International Real Estate
Buyer's Agent
Louie Psyhogios
SR Realty Group Inc.
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Original Mortgage
$156,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 1, 2013
Sold by
Batelli Gregory and Brophy Eileen Ann
Bought by
Hooker Bruce A
Seller's Agent
Lester Panek
Coldwell Banker Stratford Place
Buyer's Agent
Heather Seidelman
@properties Christie's International Real Estate
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Original Mortgage
$77,940
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Batelli Gregory
Bought by
Batelli Gregory and Brophy Eileen Ann

Purchase Details

Closed on
Jun 23, 2009
Sold by
Wells Fargo Bank Na
Bought by
Batelli Gregory

Purchase Details

Closed on
Apr 23, 2009
Sold by
Waszak
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 28, 2006
Sold by
Ls & Kw Llc
Bought by
Waszak Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
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
Herstein Adam M $208,000 --
Herstein Adam M $208,000 --
Theodorakakis Frank $195,000 Chicago Title
Hooker Bruce A $130,000 Attorneys Title Guaranty Fun
Batelli Gregory -- None Available
Batelli Gregory $105,000 Premier Title
Wells Fargo Bank Na -- None Available
Waszak Edward $247,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herstein Adam M $187,200
Closed Herstein Adam M $187,200
Previous Owner Theodorakakis Frank $156,000
Previous Owner Hooker Bruce A $77,940
Previous Owner Waszak Edward G $49,500
Previous Owner Waszak Edward $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $208,000 -4.6% --
01/21/2022 01/21/22 Pending -- -- --
10/01/2021 10/01/21 For Sale $218,000 +11.8% --
12/26/2017 12/26/17 Off Market $195,000 -- --
09/25/2017 09/25/17 Sold $195,000 0.0% --
08/16/2017 08/16/17 Pending -- -- --
08/14/2017 08/14/17 Off Market $195,000 -- --
08/09/2017 08/09/17 For Sale $199,000 +53.2% --
12/16/2013 12/16/13 Sold $129,900 0.0% --
11/02/2013 11/02/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $129,900 -- --
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 $2,685 $16,436 $6,188 $10,248
2023 $3,299 $16,041 $4,976 $11,065
2022 $3,299 $16,041 $4,976 $11,065
2021 $3,442 $17,118 $4,976 $12,142
2020 $2,878 $12,917 $2,860 $10,057
2019 $2,871 $14,292 $2,860 $11,432
2018 $2,823 $14,292 $2,860 $11,432
2017 $2,036 $12,832 $2,487 $10,345
2016 $2,570 $12,832 $2,487 $10,345
2015 $2,351 $12,832 $2,487 $10,345
2014 $2,420 $13,043 $1,896 $11,147
2013 $2,372 $13,043 $1,896 $11,147
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11234851

Midwest Real Estate Data (MRED)

APN: 14-08-210-025-1006