NOT LISTED FOR SALE

5300 N Lincoln Ave Unit 5C Chicago, IL 60625

Lincoln Square Neighborhood

Estimated Value: $266,000 - $392,000

2 Beds
2 Baths
1,079 Sq Ft
$258/mo HOA Fee

Last Sold May 24, 2021

Last sale price $330,000 $306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,615/month

9 Days on Market

Highlights

  • Deck
  • Balcony
  • Building Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Resident Manager or Management On Site

About This Home

As of May 2021

Your skyline-view oasis awaits! If you have been looking for the perfect 2 bed 2 bath penthouse in an elevator building with a private skyline-view balcony large enough to host all your summer gatherings, then look no further! This well maintained condo offers an open floor plan with adjacent kitchen perfect for entertaining. The condo has beautiful bamboo hardwood floors throughout along with stainless steel appliances. The living/dining area steps out onto a large South East facing private balcony that screams al fresco dining! Think of all the summer BBQ's. This condo also has in-unit laundry to make life that much easier and when just when you think it couldn't get any better...BAAM...heated garage parking INCLUDED. The property is close to the CTA, grocery stores, and historic Lincoln Square. Don't let this one get away!

Last Agent to Sell the Property

Aaron Pendleton

Keller Williams ONEChicago License #475184396 Listed on: 03/17/2021

Keller Williams ONEChicago

Last Buyer's Agent

Mark Kurgan

33 Realty License #475159506

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 2007

Lot Details

  • 10,367

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,079 Sq Ft Home
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

  • Budlong Elementary School
  • Amundsen High School

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, scavenger, snow removal
  • 19 Units
  • Dana Surcel Association, Phone Number (773) 728-0501
  • Property managed by Lifetime Property Management, Inc
  • 5-Story Property

Amenities

  • Building Patio
  • Elevator

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,018

Year Built

Built in 2007

Lot Details

0

HOA Fees

$258 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 11-15 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: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1079
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Square Footage Comments: 1079 sq. ft. inside with a 234 sq. ft. Private Balcony
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • List Price: 330000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 258
  • Association Amenities: Elevator(s), Elevator(s), Patio
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Lifetime Property Management, Inc
  • Management Contact Name: Dana Surcel
  • Management Phone: 773-728-0501

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 40

Tax Info

  • Tax Annual Amount: 3018.3
  • Tax Year: 2019

Multi Family

  • Units in Building: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 22, 2021
Sold by
Weisman Aaron M and Weisman Melissa L
Bought by
Ferklass Jessica and Connelly Nicholas P
Seller's Agent
Aaron Pendleton
Keller Williams ONEChicago
Buyer's Agent
Mark Kurgan
33 Realty
Sold Price
$330,000
Current Estimated Value
$345,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,366
Avg. Annual Appreciation
1.08%
Original Mortgage
$247,500
Outstanding Balance
$226,791
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$118,575

Purchase Details

Closed on
May 31, 2017
Sold by
Lee Peter and Lee Ashley
Bought by
Weisman Aaron M and Weisman Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2007
Sold by
Lincoln Manor Condominium Llc
Bought by
Somo Mike L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
11.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2007
Sold by
Lincoln Manor Condominium Llc
Bought by
Lee Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
11.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Devon Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,371
Interest Rate
8.29%
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
Ferklass Jessica $330,000 Proper Title
Weisman Aaron M $2,992,500 None Available
Somo Mike L $420,000 Chicago Title Insurance Co
Lee Peter $270,000 Chicago Title Insurance Co
Devon Bank $1,135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferklass Jessica $247,500
Previous Owner Weisman Aaron M $256,500
Previous Owner Somo Mike L $399,000
Previous Owner Lee Peter $216,000
Previous Owner Devon Bank $7,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $330,000 0.0% $306 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/26/2021 03/26/21 For Sale -- -- --
03/17/2021 03/17/21 For Sale $330,000 -- $306 / 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 $5,697 $27,728 $1,765 $25,963
2023 $5,553 $27,000 $1,430 $25,570
2022 $5,553 $27,000 $1,430 $25,570
2021 $4,760 $26,999 $1,429 $25,570
2020 $2,316 $13,498 $848 $12,650
2019 $3,018 $15,023 $848 $14,175
2018 $2,968 $15,023 $848 $14,175
2017 $2,307 $10,717 $759 $9,958
2016 $2,147 $10,717 $759 $9,958
2015 $1,964 $10,717 $759 $9,958
2014 $1,877 $10,114 $670 $9,444
2013 $1,839 $10,114 $670 $9,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11023973

Midwest Real Estate Data (MRED)

APN: 13-12-224-035-1018