$390,000
SOLD JUN 13, 2025

5255 N Riversedge Terrace Unit 206 Chicago, IL 60630

North Park Neighborhood
2 Beds
2 Baths
1,550 Sq Ft
$620/mo HOA Fee

Recently Sold

$252 Per Sq Ft

7% Above List Price

2 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Granite Countertops
  • Taft High School Rated A-
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of June 2025

Welcome to this spacious 2-bedroom, 2-bath condo in the serene Rivers Edge community. Freshly painted throughout, this charming home features an open, airy layout with a bright eat-in kitchen that flows into a generous dining area, and a stunning private balcony perfect for relaxing and enjoying peaceful views of trees. Both bedrooms are generously sized with excellent closet space-the primary suite boasts a large wall of closets and a private bath, while the second bedroom includes a walk-in closet. A true laundry room with side-by-side washer and dryer adds extra convenience. Additional highlights include a dedicated parking spot and personal storage closet in the attached heated garage. Ideally located near shopping, dining, and public transportation, this well-managed building offers the best of both worlds-urban convenience surrounded by the natural beauty of the forest preserve, the Chicago River, and miles of scenic walking trails.

Last Agent to Sell the Property

Kristin Gonnella

Coldwell Banker Realty License #471000846 Listed on: 05/19/2025

Coldwell Banker Realty

Co-Listed By

Phillip Weaver

Coldwell Banker Realty License #475163131

Last Buyer's Agent

Mark Watkins

Baird & Warner License #475138958

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1996

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 260 Units
  • Dan Witkowski Association, Phone Number (847) 998-0404
  • Property managed by NS Management
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Recreation

  • Trails

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,300

Year Built

Built in 1996

Lot Details

0

HOA Fees

$620 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1996
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Interior Amenities: Elevator, 1st Floor Bedroom, 1st Floor Full Bath, Storage, Walk-In Closet(s), Granite Counters, Separate Dining Room
  • LivingArea: 1550
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 365000
  • Lot Features: Common Grounds
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 620
  • Association Amenities: Elevator(s), Storage, Security Door Lock(s), Public Bus, Trail(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: NS Management
  • Management Contact Name: Dan Witkowski
  • Management Phone: 847-998-0404X144

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: U

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: 5300.24
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Jun 5, 2025
Sold by
Paul M Altman Declaration Of Trust and Dimitriou Brenda Joyce
Bought by
James Oconnor Revocable Trust and Leticia Nelson Revocable Trust
Seller's Agent
Kristin Gonnella
Coldwell Banker Realty
Buyer's Agent
Mark Watkins
Baird & Warner
List Price
$365,000
Sold Price
$390,000
Premium/Discount to List
$25,000
6.85%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.90%

Purchase Details

Closed on
Sep 22, 2010
Sold by
Altman Paul M and Diez Staci M
Bought by
Altman Paul M and Paul M Altman Declaration Of T

Purchase Details

Closed on
Aug 25, 1997
Sold by
Parkway Bank & Trust Company
Bought by
Altman Paul M and Speros Staci M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,900
Interest Rate
7.44%
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 Type Sale Price Title Company
Deed $390,000 Old Republic National Title
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed $124,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,500 New Conventional
Previous Owner $148,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $390,000 +6.8% $252 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $365,000 -- $235 / 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 $5,300 $37,027 $2,003 $35,024
2023 $5,128 $31,000 $1,602 $29,398
2022 $5,128 $31,000 $1,602 $29,398
2021 $5,582 $30,999 $1,602 $29,397
2020 $4,950 $25,246 $829 $24,417
2019 $4,996 $28,212 $829 $27,383
2018 $4,910 $28,212 $829 $27,383
2017 $4,035 $22,058 $743 $21,315
2016 $3,931 $22,058 $743 $21,315
2015 $3,574 $22,058 $743 $21,315
2014 $3,527 $21,510 $686 $20,824
2013 $3,446 $21,510 $686 $20,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12366026

Midwest Real Estate Data (MRED)

APN: 13-10-200-026-1066