Seller's Agent in 2024
Cyrus Seraj
Compass
(773) 495-3303
8 in this area
125 Total Sales
Park Tower Market 5415 N Sheridan Rd Unit 1215 Chicago, IL 60640
Edgewater NeighborhoodEstimated Value: $145,000 - $186,934
1
Bed
1
Bath
--
Sq Ft
$686/mo
HOA Fee
Highlights
- Doorman
- Private Pool
- Home Office
- Fitness Center
- Waterfront
- Party Room
About This Home
As of June 2024MATTERPORT/3D VIRTUAL TOUR LINK AVAILABLE! WALK TO THE LAKE, BEACH, BIKE PATHS, RED LINE, LOYOLA AND MARIANO'S FROM THIS RARELY AVAILABLE BRIGHT/SOUTH-FACING 1 BED 1 BATH HOME READY FOR YOUR FINISHING TOUCHES W/ GREAT UNOBSTRUCTED SOUTHERN & WESTERN VIEWS IN HIGHLY SOUGHT AFTER PARK TOWER, THE HIGHEST AMENITY EDGEWATER BUILDING W/OLYMPIC SIZED INDOOR POOL W/HOT TUB & LOCKER ROOMS W/STEAM ROOM, RAQUETBALL COURT, OUTDOOR POOL, SUNDECK, PARTY ROOM, 2 STATE OF THE ART FITNESS CENTERS, GROCERY STORE, DRY CLEANER, COMM LAUNDRY ROOM, 24-HOUR DOOR-STAFF, VALET PARKING AND MORE FEATURING WRAPAROUND KITCHEN OPENING TO LARGE LIVING AREA W/DINING SPACE AND HUGE WINDOWS; GREAT SIZE BEDROOM W/MULTIPLE CLOSETS; WALK-IN HALL CLOSET CONVERTED TO BUILT-IN OFFICE PERFECT FOR WFH OR USE AS ADDITIONAL STORAGE; UPDATED NEUTRAL BATH; TONS OF CLOSET/STORAGE SPACE T/O; PRIVATE STORAGE (ON THE UNIT FLOOR) INCLUDED; GREAT ASSOCIATION WITH OVER $5M IN RESERVES THAT HAS NEVER HAD A SPECIAL (NEW ROOF 2017 & TONS OF IMPROVEMENTS OVER THE PAST 5 YEARS); RISERS ALREADY REPLACED IN THIS UNIT; IN-UNIT LAUNDRY CAN BE ADDED; OWNERS MUST LIVE IN BLDG FOR 2 YEARS BEFORE RENTING, 30% RENT CAP; ASSESSMENTS INCLUDE EVERYTHING EXCEPT ELECTRIC; ATTACHED HEATED VALET GARAGE MONTHLY & GUEST PARKING AVAILABLE!
Last Buyer's Agent
Paris Morales
Coldwell Banker Realty License #475188461
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,665
Year Built
- Built in 1971
Lot Details
- 1.95
HOA Fees
- $686 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Heated Garage
Interior Spaces
- Built-In Features
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
- Home Office
- Home Gym
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Schools
- Goudy Elementary School
- Senn High School
Utilities
- Zoned Heating and Cooling
- Two Cooling Systems Mounted To A Wall/Window
Additional Features
- Private Pool
- Waterfront
- Property is near a bus stop
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 724 Units
- Tim Patricio Association, Phone Number (773) 769-3250
- High-Rise Condominium
- Park Tower Subdivision
- Property managed by The Habitat Company
- 56-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Building Patio
- Picnic Area
- Common Area
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Convenience Store
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
May 28, 2024
Sold by
Seraj Mike and Seraj Minoo
Bought by
Tucker Joshua Weldon
Seller's Agent
Cyrus Seraj
Compass
Buyer's Agent
Paris Morales
Coldwell Banker Realty
List Price
$149,500
Sold Price
$155,000
Premium/Discount to List
$5,500
3.68%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,484
Avg. Annual Appreciation
7.36%
Original Mortgage
$150,350
Outstanding Balance
$148,232
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$22,252
Purchase Details
Closed on
Jul 25, 2006
Sold by
Devon Bank
Bought by
Seraj Mike and Seraj Minoo
Purchase Details
Closed on
Sep 20, 2004
Sold by
Phillips Robert B
Bought by
Devon Bank and Trust #6955
Purchase Details
Closed on
Nov 30, 1995
Sold by
Eaves Denise R
Bought by
Phillips Robert B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tucker Joshua Weldon | $155,000 | None Listed On Document | |
| Seraj Mike | -- | None Available | |
| Devon Bank | $135,500 | Multiple | |
| Phillips Robert B | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tucker Joshua Weldon | $150,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $155,000 | +3.7% | -- |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 04/29/2024 04/29/24 | For Sale | $149,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,734 | $15,828 | $1,006 | $14,822 |
| 2023 | $2,665 | $12,960 | $852 | $12,108 |
| 2022 | $2,665 | $12,960 | $852 | $12,108 |
| 2021 | $2,606 | $12,959 | $852 | $12,107 |
| 2020 | $2,584 | $11,598 | $465 | $11,133 |
| 2019 | $2,579 | $12,834 | $465 | $12,369 |
| 2018 | $2,535 | $12,834 | $465 | $12,369 |
| 2017 | $2,440 | $11,335 | $404 | $10,931 |
| 2016 | $2,270 | $11,335 | $404 | $10,931 |
| 2015 | $2,077 | $11,335 | $404 | $10,931 |
| 2014 | $1,738 | $9,366 | $308 | $9,058 |
| 2013 | $1,703 | $9,366 | $308 | $9,058 |
Source: Public Records
Agents Affiliated with this Home
-
Cyrus Seraj
-
P
Buyer's Agent in 2024
Paris Morales
Coldwell Banker Realty
About Park Tower Market
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12038221
APN: 14-08-203-017-1140
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