NOT LISTED FOR SALE

5346 S Michigan Ave Unit 1B Chicago, IL 60615

Washington Park Neighborhood

Estimated Value: $304,000 - $376,497

4 Beds
3.5 Baths
3,900 Sq Ft
$370/mo HOA Fee

Last Sold July 23, 2021

Last sale price $286,000 $73 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,589/month

13 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Sun or Florida Room
  • Deck
  • Main Floor Bedroom
  • Beamed Ceilings

About This Home

As of July 2021

Huge 4 BD/3.5BA DUPLEX close to the University of Chicago and the future home of the President Barack Obama Library. With close to 4,000 sq ft of living space, this unit provides the amenities of a condo building with the space of a large house. Unit recently UPDATED with new paint, refinished floors, new bathroom tile, and vanities. Kitchen has newer granite counters and backsplash, huge island, and high end appliances, including BOSCH dishwasher. The FINISHED lower level has PRIVATE ENTRY, 1.5 baths, and multiple storage rooms, and all the space you'd need for an IN-LAW SUITE, OFFICE, or other living arrangement. The possibilities are endless. Building is owner-occupied, well maintained with deeded parking, newer roof, and surveillance camera. Don't miss this opportunity to get real VALUE for your money!

Last Agent to Sell the Property

Darvel Desroches

1804 Realty Group LLC License #471019419 Listed on: 04/16/2021

Last Buyer's Agent

Maikol Akintonde

Coldwell Banker Realty License #475191329

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 2004 | Remodeled in 2021

Lot Details

  • Fenced Yard
  • Sprinkler System

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 3,900 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Accessible Home Design

  • Grab Bar In Bathroom
  • Accessibility Features
  • Exterior Wheelchair Lift
  • Stair Lift
  • More Than Two Accessible Exits
  • Flooring Modification

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water
  • Satellite Dish

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Association Phone (773) 773-0000
  • Lock-and-Leave Community

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 150 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,581

Year Built

Built in 2004 | Remodeled in 2021

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2004
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2021
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2021

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Basement: Full, English
  • Accessibility Features: 2 or More Access Exits, Stair Lift, Flooring Modifications, Bath Grab Bars, Other, Exterior Wheelchair Lift
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, Laundry Hook-Up in Unit, Storage, Beamed Ceilings
  • LivingArea: 3900
  • Other Equipment: TV-Dish, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sprinkler-Lawn
  • Room Type: Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 286000
  • Lot Features: Fenced Yard
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit, Size Limit
  • Association Fee: 370
  • Association Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: N/A
  • Management Phone: 773-773-0000

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 3581.49
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 22, 2021
Sold by
Caldwell Sheila Mitchell
Bought by
Paty Gail
Seller's Agent
Darvel Desroches
1804 Realty Group LLC
Buyer's Agent
Maikol Akintonde
Coldwell Banker Realty
Sold Price
$286,000
Current Estimated Value
$350,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,461
Avg. Annual Appreciation
5.45%
Original Mortgage
$268,840
Outstanding Balance
$247,802
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$106,831

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 9, 2021
Sold by
2004 0000170 Llc
Bought by
Mitchel Caldwell Sheila
Seller's Agent
Darvel Desroches
1804 Realty Group LLC
Buyer's Agent
Maikol Akintonde
Coldwell Banker Realty
Sold Price
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,840
Outstanding Balance
$247,802
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$106,831

Purchase Details

Closed on
Apr 24, 2008
Sold by
Dupart Holly N and Dupart Hkeem P
Bought by
Mitchell Caldwell Sheila and 2004-0000170 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,650
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 2, 2002
Sold by
Breckenridge Mary E
Bought by
Chicago Title Land Trust Company and Trust #1111167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Paty Gail $286,000 First American Title
Mitchel Caldwell Sheila -- First American Title
Mitchell Caldwell Sheila $287,000 Chicago Title Insurance Co
Chicago Title Land Trust Company $26,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paty Gail $268,840
Previous Owner Mitchell Caldwell Sheila $272,650
Previous Owner Dupart Hkeem P $280,000
Previous Owner Dupart Hkeem P $70,000
Previous Owner Dupart Hkeem P $70,000
Previous Owner Chicago Title Land Trust Company $682,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $286,000 0.0% $73 / Sq Ft
05/02/2021 05/02/21 For Sale -- -- --
04/29/2021 04/29/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $286,000 -- $73 / 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 $3,598 $31,327 $6,763 $24,564
2023 $3,507 $17,000 $6,763 $10,237
2022 $3,507 $17,000 $6,763 $10,237
2021 $2,220 $16,999 $6,762 $10,237
2020 $3,605 $21,765 $3,284 $18,481
2019 $3,581 $23,999 $3,284 $20,715
2018 $1,865 $23,999 $3,284 $20,715
2017 $1,997 $15,353 $2,705 $12,648
2016 $2,575 $15,353 $2,705 $12,648
2015 $2,333 $15,353 $2,705 $12,648
2014 $2,930 $18,359 $2,318 $16,041
2013 $3,388 $21,257 $2,318 $18,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11055720

Midwest Real Estate Data (MRED)

APN: 20-10-309-071-1002