NOT LISTED FOR SALE

5344 S Greenwood Ave Unit 1 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $383,000 - $544,000

4 Beds
2 Baths
2,400 Sq Ft
$914/mo HOA Fee

Last Sold February 16, 2022

Last sale price $450,000 $188 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,985/month

90 Days on Market

Highlights

  • Heated Floors
  • Lock-and-Leave Community
  • Historic or Period Millwork
  • Kenwood Academy High School Rated A-
  • Main Floor Bedroom
  • 2-minute walk to Florence Stout Park

About This Home

As of February 2022

A large duplex apartment in the Fairfield Condominium in Hyde Park is located on the corner of two quiet one-way streets just a 10-minute walk north of the University of Chicago quadrangles and half a block away from Florence Stout Park (home to Hyde Park's only sledding hill). Lovingly maintained and thoughtfully renovated by its owners of nearly 30 years, this home is move-in ready. Constructed in 1898 when the University of Chicago was just six years old, the Fairfield building was envisioned as luxury living. Materials are old-growth wood, brick, and carved limestone decorated with cornices, intricate stone details, columned porches, and fine finishes. The front doors are solid mahogany. Door frames with columns and egg-and-dart carving (no longer available for purchase) are made of sought-after birchwood. East-facing bay windows are trimmed in wooden columns. The building is part of Hyde Park's history. The owners have maintained the original character of the home through numerous renovations. A staircase encircles two levels of bay windows leading to an exceptionally high-ceilinged lower level. The great room, comprising kitchen and dining room, has 10-foot ceilings, providing plenty of space for family gatherings and for entertaining. The kitchen features soft-close cabinets, granite counters, a copper vegetable sink, and separate huge stainless sink for dishes, and an adjacent pantry. The main-level floor and subfloor are brand new as of this year. The floor is solid-not engineered-northern hardwood. Custom cut woodwork exactly matches the original millwork. The owners have installed all new high-end Newport Brass faucets, a working gas fireplace, and period-matched lighting. This results in a house that functions smoothly, with modern fixtures and conveniences, yet possesses the elegance of a bygone era. The condominium unit itself is approximately 2,400 square feet with six large bays. Two are circular (one upstairs and one downstairs) and four are three-sided. Oversized windows flood the unit with light. Also, be rest assured that the building itself is financially sound. All utilities (gas, water, sewer, etc.) except personal electricity, are included in HOA. Come enjoy the experience this unit has to offer; a true one-of-a-kind home nestled in the heart of Hyde Park.

Last Agent to Sell the Property

Marco Rodriguez

RE/MAX Premier License #475179188 Listed on: 09/22/2021

RE/MAX Premier

Last Buyer's Agent

Gene Marlowe

Coldwell Banker Realty License #475171254

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 1898

Lot Details

  • 8,320

HOA Fees

  • $914 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Historic or Period Millwork
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Blinds
  • Bay Window
  • Living Room with Fireplace
  • Dining Room

Flooring

  • Wood
  • Partially Carpeted
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry Chute

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

Utilities

  • Central Air
  • SpacePak Central Air
  • Radiator
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • William Mcneal Association, Phone Number (773) 493-2525
  • Property managed by Parker Holsman
  • Lock-and-Leave Community

Amenities

  • Workshop Area
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,399

Year Built

Built in 1898

Lot Details

0

HOA Fees

$914 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Bedroom, First Floor Laundry, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Some Carpeting, Special Millwork, Some Window Treatmnt
  • LivingArea: 2400
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Bay Window(s),Blinds

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: Central Air, Space Pac
  • Heating: Radiator(s)
  • Laundry Features: In Unit, Laundry Chute
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 914
  • Association Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s), Workshop Area
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Parker Holsman
  • Management Contact Name: William McNeal
  • Management Phone: 773-493-2525
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: 7144
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4399.2
  • Tax Year: 2020

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Mar 3, 2022
Sold by
Nelson Therese A and Vassar Robert
Bought by
Schneider Eric John and Singh Sanjeev
Seller's Agent
Marco Rodriguez
RE/MAX Premier
Buyer's Agent
Gene Marlowe
Coldwell Banker Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$496,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,444
Avg. Annual Appreciation
2.69%
Original Mortgage
$405,000
Outstanding Balance
$377,407
Interest Rate
3.69%
Estimated Equity
$119,037

Purchase Details

Listed on
Sep 22, 2021
Closed on
Feb 24, 2022
Sold by
Vassar Robert and Nelson Therese A
Bought by
Schneider Eric John and Singh Sanjeev
Seller's Agent
Marco Rodriguez
RE/MAX Premier
Buyer's Agent
Gene Marlowe
Coldwell Banker Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$377,407
Interest Rate
3.69%
Estimated Equity
$119,037

Purchase Details

Listed on
Sep 22, 2021
Closed on
Feb 17, 2022
Sold by
Nelson Therese A and Vassar Robert
Bought by
Schneider Eric John and Singh Sanjeev
Seller's Agent
Marco Rodriguez
RE/MAX Premier
Buyer's Agent
Gene Marlowe
Coldwell Banker Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$377,407
Interest Rate
3.69%
Estimated Equity
$119,037

Purchase Details

Closed on
May 16, 2003
Sold by
Nelson Therese A
Bought by
Nelson Therese A and Vassar Robert
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
Schneider Eric John -- --
Schneider Eric John -- --
Schneider Eric John -- --
Nelson Therese A -- Multiple
Nelson Therese A -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Eric John $405,000
Closed Schneider Eric John $405,000
Closed Schneider Eric John $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $450,000 -4.1% $188 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $469,000 -- $195 / 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 $5,505 $40,622 $6,404 $34,218
2023 $4,081 $26,000 $5,018 $20,982
2022 $4,081 $26,000 $5,018 $20,982
2021 $4,022 $25,998 $5,017 $20,981
2020 $4,399 $22,850 $4,131 $18,719
2019 $4,310 $24,883 $4,131 $20,752
2018 $4,237 $24,883 $4,131 $20,752
2017 $4,952 $26,378 $3,408 $22,970
2016 $4,783 $26,378 $3,408 $22,970
2015 $4,353 $26,378 $3,408 $22,970
2014 $4,919 $29,082 $2,788 $26,294
2013 $4,811 $29,082 $2,788 $26,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11226873

Midwest Real Estate Data (MRED)

APN: 20-11-317-020-1010