NOT LISTED FOR SALE

5421 S Michigan Ave Unit 3N Chicago, IL 60615

Washington Park Neighborhood

Estimated Value: $114,000 - $240,000

2 Beds
1.5 Baths
1,250 Sq Ft
$235/mo HOA Fee

Last Sold January 27, 2023

Last sale price $110,000 $88 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,336/month

106 Days on Market

Highlights

  • Home Office
  • 5-minute walk to Garfield Station (Green Line)
  • Central Air
  • Living Room
  • Laundry Room
  • Dining Room

About This Home

As of January 2023

Great location in Washington Park on Michigan Avenue. 3rd floor unit. Tenant rented. Hardwood Floors. Parking included in rear. Plenty of street parking for guests. 2 bedroom 1.5 bathroom condo with a spacious layout and bonus area in the front which can be an office with street view. Central air. Washer/dryer in-unit. Investor-friendly as this unit can be rented. Located near schools, parks, retail, and public transportation.

Last Agent to Sell the Property

Evelyn Woods

Coldwell Banker Realty License #475143562 Listed on: 09/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Tom Sweeney

Baird & Warner License #475191159

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1906

Lot Details

  • 8,059

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Living Room
  • Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

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

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 6 Units
  • Property managed by Self-Managed

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,982

Year Built

Built in 1906

Lot Details

0

HOA Fees

$235 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: 1906
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • LivingArea: 1250
  • Room Type: Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

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
  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: 25

Tax Info

  • Tax Annual Amount: 1981.56
  • Tax Year: 2020

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Brams Llc
Bought by
Black Stallion Llc
Current Estimated Value
$163,114

Purchase Details

Closed on
Apr 20, 2017
Sold by
Kakhiani Kalistrate
Bought by
Brams Llc

Purchase Details

Listed on
Apr 9, 2013
Closed on
May 20, 2013
Sold by
Fannie Mae
Bought by
Kakhiani Kalistrate
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Marika Kakhiani
Pedestal Realty LLC
List Price
$22,000
Sold Price
$25,100
Premium/Discount to List
$3,100
14.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.75%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Vivilakis Xenophontas and Vivilakis Xenophontas A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 28, 2005
Sold by
Cheatham David
Bought by
Vivilakis Xenophontas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2002
Sold by
Great Lakes Trust Company Na
Bought by
Cheatham David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,964
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Black Stallion Llc $110,000 None Listed On Document
Brams Llc $88,000 Attorneys Title Guaranty Fun
Kakhiani Kalistrate $25,500 None Available
Federal National Mortgage Association -- None Available
Vivilakis Xenophontas A $175,000 Ticor Title Insurance Compan
Cheatham David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vivilakis Xenophontas A $122,500
Previous Owner Vivilakis Xenophontas A $43,750
Previous Owner Cheatham David $160,000
Previous Owner Cheatham David $113,964
Closed Cheatham David $14,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $110,000 -12.0% $88 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $125,000 +398.0% $100 / Sq Ft
06/07/2013 06/07/13 Sold $25,100 +14.1% --
05/09/2013 05/09/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $22,000 -- --
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 $2,540 $9,552 $4,748 $4,804
2023 $2,476 $12,001 $4,748 $7,253
2022 $2,476 $12,001 $4,748 $7,253
2021 $2,420 $11,999 $4,747 $7,252
2020 $1,782 $7,997 $2,305 $5,692
2019 $1,772 $8,818 $2,305 $6,513
2018 $1,742 $8,818 $2,305 $6,513
2017 $1,690 $7,849 $1,898 $5,951
2016 $1,572 $7,849 $1,898 $5,951
2015 $1,438 $7,849 $1,898 $5,951
2014 $1,776 $9,570 $1,627 $7,943
2013 $1,262 $9,570 $1,627 $7,943
Source: Public Records

Agents Affiliated with this Home

  • Evelyn Woods

    Seller's Agent in 2023

    Evelyn Woods

    Coldwell Banker Realty

    (773) 718-9742

    5 in this area

    46 Total Sales

    Section Image
  • Tom Sweeney

    Buyer's Agent in 2023

    Tom Sweeney

    Baird Warner

    (630) 776-5556

    6 in this area

    140 Total Sales

    Section Image
  • Ryan Smith

    Seller's Agent in 2013

    Ryan Smith

    RE/MAX Premier

    (312) 810-9680

    5 in this area

    802 Total Sales

    Section Image
  • Coya Smith

    Seller Co-Listing Agent in 2013

    Coya Smith

    RE/MAX Premier

    (708) 903-5110

    166 Total Sales

    Section Image

  • M

    Buyer's Agent in 2013

    Marika Kakhiani

    Pedestal Realty LLC

    (773) 706-0578

    1 in this area

    73 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11618724

Midwest Real Estate Data (MRED)

APN: 20-10-310-059-1005

Illinois Cook County Chicago 60615 Washington Park

5421 S Michigan Ave Unit 3N, Chicago, IL

This home is located at 5421 S Michigan Ave Unit 3N, Chicago, IL 60615 since 01 September 2022 and is currently estimated at $163,114, approximately $130 per square foot. This property was built in 1906. 5421 S Michigan Ave Unit 3N is a home located in Cook County with nearby schools including Burke Elementary School, Wendell Phillips Academy High School, and CICS Washington Park.

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