NOT LISTED FOR SALE

5224 S Michigan Ave Unit 1 Chicago, IL 60615

Washington Park Neighborhood

Estimated Value: $302,000 - $348,412

4 Beds
3 Baths
2,700 Sq Ft
$272/mo HOA Fee

Last Sold August 07, 2024

Last sale price $276,000 $102 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,315/month

65 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Home Office
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Fenced Yard

About This Home

As of August 2024

WOW....ALL BRICK MODERN DUPLEX 5BDRM 3FULL BATH**FRONT PATIO OVERLOOKING THE BOULEVARD***ALL WOOD LIVING ROOM BEDROOMS, KITCHEN FLOOR**BLACK GRANITE COUNTER TOP WITH DINING SITTING AREA**42 INCH CHERRY CABINET***ALL STAINLESS STEEL APPLIANCES***TRACK LIGHTS**BACK SPLASH***PRICED BELOW MARKET FOR QUICK SALE***H-U-G-E-PATIO OFF MASTER SUITE WITH SECURITY SHUTTER DOORS***DETACHED 2 CAR TANDEM SECURED PARKING***2 WOOD BURNING FIREPLACE IN THE LIVING ROOM AND FAMILY***BEST DEAL IN TOWN**CLOSE TO UNIVERSITY OF CHICAGO***CLOSE TO TRANSPORTATION AND EXPRESSWAY**15 MINUTES TO DOWNTOWN***EASY TO SHOW***

Last Agent to Sell the Property

Ola Sanni

Century 21 S.G.R., Inc. License #471017730 Listed on: 04/02/2024

Century 21 S.G.R., Inc.

Last Buyer's Agent

Daisy Neal

Daisy Neal License #471017795

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 2006

Lot Details

  • 3,920

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,246

Year Built

Built in 2006

Lot Details

0

HOA Fees

$272 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: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2700
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s)
  • Room Type: Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 289901
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 272
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: SELF MANAGED
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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: 4245.91
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Aug 10, 2024
Sold by
Perkins Lester
Bought by
Chicago Title Land Trust
Seller's Agent
Ola Sanni
Century 21 S.G.R., Inc.
Buyer's Agent
Daisy Neal
Daisy Neal
List Price
$289,900
Sold Price
$276,000
Premium/Discount to List
-$13,900
-4.79%
Views
161
Current Estimated Value
$319,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,853
Avg. Annual Appreciation
13.19%
Original Mortgage
$220,888
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jul 11, 2024
Sold by
Mccray Michael and Mccray Dionne
Bought by
Perkins Lester J
Seller's Agent
Ola Sanni
Century 21 S.G.R., Inc.
Buyer's Agent
Daisy Neal
Daisy Neal
List Price
$289,900
Sold Price
$276,000
Premium/Discount to List
-$13,900
-4.79%
Views
161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,888
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2007
Sold by
Berry Hill Construction Inc
Bought by
Mccray Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Chicago Title Land Trust -- Chicago Title
Perkins Lester J $276,500 First American Title
Mccray Michael $295,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perkins Lester J $220,888
Previous Owner Mccray Michael $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $276,000 -4.8% $102 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $289,901 0.0% $107 / Sq Ft
05/28/2024 05/28/24 Price Changed $289,900 0.0% $107 / Sq Ft
05/22/2024 05/22/24 Price Changed $289,901 0.0% $107 / Sq Ft
04/22/2024 04/22/24 For Sale $289,900 +5.0% $107 / Sq Ft
04/08/2024 04/08/24 Off Market $276,000 -- --
04/02/2024 04/02/24 For Sale $289,900 -- $107 / 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 $4,378 $29,818 $6,195 $23,623
2023 $4,246 $24,001 $6,195 $17,806
2022 $4,246 $24,001 $6,195 $17,806
2021 $4,169 $23,999 $6,194 $17,805
2020 $5,055 $25,795 $3,008 $22,787
2019 $5,025 $28,442 $3,008 $25,434
2018 $4,940 $28,442 $3,008 $25,434
2017 $3,531 $19,777 $2,477 $17,300
2016 $3,461 $19,777 $2,477 $17,300
2015 $3,143 $19,777 $2,477 $17,300
2014 $4,122 $24,785 $2,123 $22,662
2013 $4,030 $24,785 $2,123 $22,662
Source: Public Records

Agents Affiliated with this Home

  • Ola Sanni

    Seller's Agent in 2024

    Ola Sanni

    Century 21 S.G.R., Inc.

    (773) 614-7944

    7 in this area

    163 Total Sales

    Ola Sanni
    Section Image
  • Daisy Neal

    Buyer's Agent in 2024

    Daisy Neal

    Daisy Neal

    (312) 952-5299

    2 in this area

    18 Total Sales

    Daisy Neal
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12018360

Midwest Real Estate Data (MRED)

APN: 20-10-301-078-1001

Illinois Cook County Chicago 60615 Washington Park

5224 S Michigan Ave Unit 1, Chicago, IL

This home is located at 5224 S Michigan Ave Unit 1, Chicago, IL 60615 since 02 April 2024 and is currently estimated at $319,853, approximately $118 per square foot. This property was built in 2006. 5224 S Michigan Ave Unit 1 is a home located in Cook County with nearby schools including Beethoven Elementary School, Wendell Phillips Academy High School, and Ace Amandla Charter High School.

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