NOT LISTED FOR SALE

5241 N Hoyne Ave Unit 1 Chicago, IL 60625

Bowmanville Neighborhood

Estimated Value: $318,000 - $365,000

2 Beds
1 Bath
-- Sq Ft
$326/mo HOA Fee

Last Sold August 16, 2022

Last sale price $268,000

Est. 30% increase in value since last sale

Current estimated payment $2,528/month

3 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Built-In Features
  • Formal Dining Room
  • 1 Car Detached Garage
  • Laundry Room

About This Home

As of August 2022

Charming high first floor corner unit on tree-lined street in tranquil Bowmanville! Meticulously cared for 2 Bedroom/1 Bath condo with split floorplan offers incredible natural light from South and West windows, gorgeous vintage details, crown moulding, and hardwood floors. The bright and airy Living Room with decorative fireplace and built-in bookshelves is perfect for entertaining or relaxing with a book. The separate Formal Dining Room has room for a large table for entertaining and additional furniture. Both Bedrooms are sunny and well proportioned with deep vintage closets. The bathroom has marble tile, a shower and jetted tub combo, and a linen/storage closet. The kitchen features granite countertops, cherry cabinets, stainless steel appliances and a private laundry room with side-by-side washer/dryer and extra room for storage above. Garage Parking is included in the price and the building also includes extra storage! Close to Bowmanville's Malt Row (Half Acre, Spiteful, Smylie Brothers & Empirical), Winnemac Park, and 10-minute walks to the hearts of both Andersonville and Lincoln Square. Walking distance to Damen Brown Line and the soon-to-be opened Peterson Metra station, too!

Last Agent to Sell the Property

Elizabeth Kelly

Jameson Sotheby's Intl Realty License #475123223 Listed on: 07/13/2022

Jameson Sotheby's Intl Realty

Co-Listed By

Justin Amundson

Compass License #475169600

Last Buyer's Agent

Marcus Mason

REMAX Legends License #475193842

REMAX Legends

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 1926

Lot Details

  • Additional Parcels

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Chappell Elementary School
  • Amundsen High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Community Details

Overview

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

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 75 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,242

Year Built

Built in 1926

Lot Details

0

HOA Fees

$326 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Vintage
  • Year Built: 1926
  • 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): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • List Price: 265000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 326
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Self
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Chappell Elementary School
  • High School: Amundsen High School
  • Middle/Junior School: Chappell Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 5242.21
  • Tax Year: 2020

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 4, 2022
Sold by
Wood Sarah
Bought by
Olaniyi Femi
Seller's Agent
Elizabeth Kelly
Jameson Sotheby's Intl Realty
Buyer's Agent
Marcus Mason
REMAX Legends
List Price
$265,000
Sold Price
$268,000
Premium/Discount to List
$3,000
1.13%
Current Estimated Value
$347,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,639
Avg. Annual Appreciation
8.55%
Original Mortgage
$249,240
Outstanding Balance
$237,287
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$110,352

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 13, 2016
Sold by
Olszewski Abbie L
Bought by
Wood Sarah
Seller's Agent
Dave Nimick
Keller Williams Thrive
Buyer's Agent
Elizabeth Kelly
Jameson Sotheby's Intl Realty
List Price
$249,900
Sold Price
$221,500
Premium/Discount to List
-$28,400
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$199,350
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2008
Sold by
2056 West Farragut Llc
Bought by
Olszewski Abbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.51%
Mortgage Type
Unknown
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
Olaniyi Femi $268,000 Chicago Title
Wood Sarah $221,500 Attorney
Olszewski Abbie L $255,000 Git
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olaniyi Femi $249,240
Previous Owner Wood Sarah $199,350
Previous Owner Olszewski Abbie L $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $268,000 +1.1% --
07/17/2022 07/17/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $265,000 +19.6% --
05/13/2016 05/13/16 Sold $221,500 -1.6% -- View Prior Sale
03/29/2016 03/29/16 Pending -- -- --
03/21/2016 03/21/16 Price Changed $225,000 -4.2% --
03/02/2016 03/02/16 Price Changed $234,900 -6.0% --
02/09/2016 02/09/16 For Sale $249,900 -- --
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 $4,364 $28,247 $5,981 $22,266
2023 $4,936 $24,001 $4,809 $19,192
2022 $4,936 $24,001 $4,809 $19,192
2021 $4,826 $23,999 $4,808 $19,191
2020 $4,942 $22,185 $2,524 $19,661
2019 $4,918 $24,479 $2,524 $21,955
2018 $4,835 $24,479 $2,524 $21,955
2017 $4,559 $21,178 $2,163 $19,015
2016 $4,242 $21,178 $2,163 $19,015
2015 $3,881 $21,178 $2,163 $19,015
2014 $3,356 $18,089 $1,622 $16,467
2013 $3,290 $18,089 $1,622 $16,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11462549

Midwest Real Estate Data (MRED)

APN: 14-07-119-037-1002