NOT LISTED FOR SALE

5230 S University Ave Unit L Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $504,528 - $572,000

4 Beds
2.5 Baths
1,800 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $500,000 $278 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,702/month

3 Days on Market

Highlights

  • Wood Flooring
  • Terrace
  • 1 Car Attached Garage
  • Kenwood Academy High School Rated A-
  • Fenced Yard
  • 3-minute walk to Butternut Playlot Park

About This Home

As of October 2024

Move right into this attractive townhome - located within walking distance of the University of Chicago, and the many shops and restaurants of Hyde Park. With four bedrooms and two full and one-half baths, the post-modern style home is located within the University Circle development. Enter under the archway on off a quieter stretch of 53rd Street, the welcoming yard the front door opens to a high-ceilinged living and dining room combination. One is immediately impressed by the abundance of natural light that filters throughout the open plan. Up a short flight of stairs is the kitchen that opens to a spacious family room, with hardwood floors, a decorative fireplace, and a wall of windows overlooking the back courtyard. The appliances were all replaced by the current owners within the last five years. The dramatic stairway rises to the three bedrooms of the second level - two spacious bedrooms share a bath and the Primary Suite has an abundance of closets. The top level of this well-maintained home offers another bedroom or study, with two private decks for enjoyment on warm summer days, and an attached 1-car garage for inclement ones. Additionally there is a parking spot within the gated courtyard. The lower lever offers a powder room, laundry and mechanical room and direct access to the garage. And the roof was replaced in 2020. A beautiful home, freshly painted and offered at an attractive price.

Last Agent to Sell the Property

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199 Listed on: 09/26/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Susan O'Connor

Berkshire Hathaway HomeServices Chicago License #475163199 Listed on: 09/26/2024

Berkshire Hathaway HomeServices Chicago

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,768

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 18 x 66
  • Fenced Yard

HOA Fees

  • $193 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Gate
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 4-Story Property
  • Decorative Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Outdoor Features

  • Terrace

Schools

  • Ray Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, lawn care, scavenger, snow removal
  • 15 Units
  • Bailey Jensen Association, Phone Number (773) 963-2569
  • Property managed by Connected

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,768

Year Built

Built in 1994

Lot Details

0

HOA Fees

$193 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • LivingArea: 1800
  • Room Type: Terrace
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Motorized Gate
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 193
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected
  • Management Contact Name: Bailey Jensen
  • Management Phone: 773-963-2569X623
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ray Elementary School

Lot Info

  • Lot Dimensions: 18 X 66
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7767.77
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 28, 2024
Sold by
Li Peishu and Yuan Yinyu
Bought by
Emerson Mark Richard and Emerson Lauren Elizabeth
Seller's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan O'Connor
Berkshire Hathaway HomeServices Chicago
List Price
$498,000
Sold Price
$500,000
Premium/Discount to List
$2,000
0.4%
Views
11
Current Estimated Value
$544,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,632
Avg. Annual Appreciation
7.79%
Original Mortgage
$250,000
Outstanding Balance
$247,273
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$297,359

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 1, 2019
Sold by
Zimmerman Julie W
Bought by
Li Peishu
Seller's Agent
Lilianna Sekula-Lark
Compass
Buyer's Agent
Jennie Ku
United Real Estate - Chicago
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Apr 15, 2008
Sold by
Cuneo Bettina F
Bought by
Zimmerman Julie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 2005
Sold by
Cohen Cathy Jean
Bought by
Cuneo Bettina F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2002
Sold by
Brown Carole
Bought by
Cohen Cathy Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Emerson Mark Richard $500,000 Chicago Title
Emerson Mark Richard $500,000 Chicago Title
Li Peishu $465,000 North American Title
Zimmerman Julie W $430,000 Chicago Title Insurance Co
Cuneo Bettina F $440,000 Pntn
Cohen Cathy Jean $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Mark Richard $250,000
Closed Emerson Mark Richard $250,000
Previous Owner Zimmerman Julie W $344,000
Previous Owner Cuneo Bettina F $352,000
Previous Owner Cohen Cathy Jean $177,000
Closed Cohen Cathy Jean $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $500,000 +0.4% $278 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $498,000 +7.1% $277 / Sq Ft
08/08/2019 08/08/19 Sold $465,000 0.0% $258 / Sq Ft View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $465,000 -- $258 / 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 $7,768 $51,000 $6,814 $44,186
2023 $7,524 $40,000 $5,495 $34,505
2022 $7,524 $40,000 $5,495 $34,505
2021 $7,374 $40,000 $5,495 $34,505
2020 $9,716 $46,718 $4,396 $42,322
2019 $9,514 $50,781 $4,396 $46,385
2018 $9,352 $50,781 $4,396 $46,385
2017 $7,217 $36,900 $3,626 $33,274
2016 $6,891 $36,900 $3,626 $33,274
2015 $8,565 $49,365 $3,626 $45,739
2014 $5,266 $30,952 $2,967 $27,985
2013 $5,151 $30,952 $2,967 $27,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12157293

Midwest Real Estate Data (MRED)

APN: 20-11-311-029-0000