NOT LISTED FOR SALE

5429 S Cornell Ave Unit 1 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $287,000 - $459,000

3 Beds
2 Baths
1,950 Sq Ft
$544/ mo HOA Fee

Last Sold June 21, 2022

Last sale price $405,000 $208 Per Sq Ft

Current estimated payment $2,849/month

5 Days on Market

Highlights

  • Lock-and-Leave Community
  • Deck
  • Whirlpool Bathtub
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • 2-minute walk to Cornell Park

About This Home

As of June 2022

Come see this large beautiful condo in Hyde Park this is an owners rehab and it will go fast. When you first enter the home you will see an expansive living room with beautiful hardwood floors featuring an ornamental fireplace, surrounded by built-in's. The living room is exceptionally bright and it flows into a sunroom perfect for a breakfast or reading nook. The bedrooms are all large with deep closets and walk in closets, in addition there are multiple additional storage closets throughout the unit. The master suite is huge and it offers a perfect private oasis with a beautiful modern on suite bathroom and large closet. The dining room has elegant built-in custom beams running through its ceiling and it is expansive, perfect for hosting holiday meals. This chef kitchen is modern with stainless steel appliances, custom cabinetry and a wood veneer counter tops. Off the back of the unit is a perfect patio for grilling and hanging out with family and friends. This unit also offers a large storage unit in the basement and a huge storage space in the unit, the basement storage is the size of a small room, along with a bike room for recreational items, and a private assigned parking spot. This association is also extremely well maintained with healthy reserves. The unit owners have modernized and rehabbed this unit beautifully. You will also find this unit is 1 block from public transit and the metra station, it is 1 block from restaurants and shopping on 53rd and 55th Street in Hyde Park, this unit is only 3 blocks from the museum and the lake, come see it while it lasts.

Last Agent to Sell the Property

Brande Guilmette-Hampton

Centered International Realty License #475160842 Listed on: 05/23/2022

Last Buyer's Agent

John Vossoughi

Jameson Sotheby's Intl Realty License #475151231

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 1909 | Remodeled in 2021

Lot Details

  • 7,492

HOA Fees

  • $544 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Sara Kennedy Of Marian Realty Association, Phone Number (773) 547-1446
  • Property managed by Cornell Terrace Condominiums
  • Lock-and-Leave Community

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,372

Year Built

Built in 1909 | Remodeled in 2021

Lot Details

7,492 Sq Ft Lot

HOA Fees

$544 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: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2021
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Ceiling - 9 Foot, Drapes/Blinds, Granite Counters, Separate Dining Room
  • LivingArea: 1950
  • Room Type: Sun Room, Bonus Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1950
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 1950

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, Door Monitored By TV
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • 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
  • Heating: Steam
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 544
  • Association Amenities: Bike Room/Bike Trails, Storage, Park, Security Door Lock(s), Ceiling Fan, Covered Porch, Intercom, Private Laundry Hkup
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cornell Terrace Condominiums
  • Management Contact Name: Sara Kennedy of Marian Realty
  • Management Phone: 773-547-1446
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 4371.76
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 17, 2022
Sold by
Ip Mark K and Ip Yuanyuan
Bought by
Richard & Debbie Yaver Family Trust
Seller's Agent
Brande Guilmette-Hampton
Centered International Realty
Buyer's Agent
John Vossoughi
Jameson Sotheby's Intl Realty
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$405,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680
Avg. Annual Appreciation
0.04%

Purchase Details

Listed on
Apr 23, 2012
Closed on
May 22, 2013
Sold by
Hefner Philip J and Hefner Neva L
Bought by
Ip Mark K and Zha Yuanyuan
Seller's Agent
Barbara Pottenger
Urban Search Corp Of Chicago
Buyer's Agent
Brady Miller
Cadence Realty
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$172,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Smith Christopher A and Petrof Elaine O
Bought by
Hefner Philip J and Hefner Neva L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2001
Sold by
Dahlberg Mccall Benjamin J and Dahlberg Mccall Birgit
Bought by
Smith Christopher A and Petrof Elaine O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
7.2%

Purchase Details

Closed on
Aug 13, 1997
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Dahlberg Birgit and Mccall Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richard & Debbie Yaver Family Trust $405,000 Chicago Title
Ip Mark K $215,000 Chicago Title Insurance Comp
Hefner Philip J $285,000 Cti
Smith Christopher A $187,000 First American Title
Dahlberg Birgit $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ip Mark K $172,000
Previous Owner Hefner Philip J $70,000
Previous Owner Smith Christopher A $149,600
Previous Owner Dahlberg Birgit $40,000
Closed Smith Christopher A $18,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $405,000 -4.7% $208 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $425,000 +97.7% $218 / Sq Ft
05/28/2013 05/28/13 Sold $215,000 -10.0% $113 / Sq Ft View Prior Sale
04/18/2013 04/18/13 Pending -- -- --
03/21/2013 03/21/13 Price Changed $239,000 -4.4% $126 / Sq Ft
01/20/2013 01/20/13 Price Changed $249,999 -5.7% $132 / Sq Ft
07/25/2012 07/25/12 Price Changed $265,000 -8.3% $139 / Sq Ft
04/24/2012 04/24/12 Price Changed $289,000 +44.5% $152 / Sq Ft
04/23/2012 04/23/12 For Sale $200,000 -- $105 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $2,329 $40,000 $7,440 $32,560
2024 $2,329 $40,000 $7,440 $32,560
2023 $1,559 $11,000 $5,500 $5,500
2022 $1,559 $11,000 $5,500 $5,500
2021 $1,542 $10,999 $5,499 $5,500
2020 $4,372 $22,727 $4,800 $17,927
2019 $4,283 $24,749 $4,800 $19,949
2018 $4,210 $24,749 $4,800 $19,949
2017 $3,694 $20,534 $3,960 $16,574
2016 $3,613 $20,534 $3,960 $16,574
2015 $3,282 $20,534 $3,960 $16,574
2014 $3,433 $21,070 $3,240 $17,830
2013 $3,832 $21,070 $3,240 $17,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11368825

Midwest Real Estate Data (MRED)

APN: 20-12-113-053-1001

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