NOT LISTED FOR SALE

5431 S Cornell Ave Unit 1 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $286,000 - $404,374

3 Beds
2 Baths
1,886 Sq Ft
$587/ mo HOA Fee

Last Sold May 14, 2024

Last sale price $395,000 $209 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,663/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Kenwood Academy High School Rated A-
  • Heated Sun or Florida Room
  • 2-minute walk to Cornell Park

About This Home

As of May 2024

Welcome to your new home in the heart of Hyde Park, a perfectly located condo that combines urban convenience with the comfort of residential living. Positioned an easy walk from both Promontory Point and the lakefront, and just blocks from the University of Chicago, this condo offers unmatched access to some of the area's best attractions. This home features hardwood floors that bring charm and warmth to the space. The living room, anchored by a decorative fireplace with original tile surround, opens into a sunlit sunroom-a perfect spot for a morning cup of coffee or a quiet afternoon with a book. The dining room, spacious enough for large gatherings, features three large windows that flood the space with natural light. Culinary enthusiasts will appreciate the kitchen's ample cabinet storage and extended butler's pantry, along with the convenience of an in-unit stackable washer/dryer. The Primary bedroom is a highlight, offering a generous layout, a large closet, and its own private bath. Two additional bedrooms provide excellent space and storage, each with direct access to another full bathroom. Modern comforts are assured with Central Air conditioning and individually thermostat-controlled radiators, allowing for perfect zoned heating during the winter months. The condo also boasts a large private back porch, ideal for relaxing or entertaining outdoors. In a neighborhood where parking is at a premium, the included parking space is a significant perk, adding incredible value and convenience. Additional amenities include a large storage unit in the basement, a communal bike room, and well-maintained association grounds with healthy reserves. Located steps from key transit services, and amidst the bustling shops and restaurants on 53rd and 55th streets, this condo is a Hyde Park treasure waiting to be claimed.

Last Agent to Sell the Property

Christy Clayborn

Equitable Investment Group Inc License #475179700 Listed on: 04/16/2024

Last Buyer's Agent

John Mousser

Fulton Grace Realty License #471008388

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,262

Lot Details

  • 7,492

HOA Fees

  • $587 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,886 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Beamed Ceilings
  • Decorative Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Intercom

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Steam
  • Individual Controls for Heating

Community Details

Overview

  • Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Sara Kennedy Association, Phone Number (773) 684-5400
  • Property managed by Marian Realty

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pets up to 60 lbs

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,262

Lot Details

7,492 Sq Ft Lot

HOA Fees

$587 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Bookcases, Beamed Ceilings, Drapes/Blinds, Separate Dining Room
  • LivingArea: 1886
  • Room Type: Heated Sun Room, Foyer, Storage, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam, Radiator(s), Indv Controls
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 587
  • Association Amenities: Bike Room/Bike Trails, Storage, Covered Porch, Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Marian Realty
  • Management Contact Name: Sara Kennedy
  • Management Phone: 773-684-5400
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 2262.32
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 6, 2024
Sold by
Keets Kate A
Bought by
Purrier Colleen K and Purrier Morgan R
Seller's Agent
Christy Clayborn
Equitable Investment Group Inc
Buyer's Agent
John Mousser
Fulton Grace Realty
List Price
$399,800
Sold Price
$395,000
Premium/Discount to List
-$4,800
-1.2%
Views
38
Current Estimated Value
$361,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,406
Avg. Annual Appreciation
-4.66%

Purchase Details

Closed on
Nov 15, 2022
Sold by
Books Benjamin A and Keets Kate A
Bought by
Keets Kate A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jan 14, 2016
Sold by
Green John D M and Horii Akemi
Bought by
Bbooks Benjamin A and Keets Kate A
Seller's Agent
Margie Smigel
The Margie Smigel Group, LLC
Buyer's Agent
Allison Casselberry
The Margie Smigel Group, LLC
List Price
$275,000
Sold Price
$247,500
Premium/Discount to List
-$27,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$198,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jul 30, 2014
Sold by
Caldwell Elizabeth Francis
Bought by
Green John D M and Horii Akemi
Seller's Agent
Michael Zuker
@properties Christie's International Real Estate
Buyer's Agent
Margie Smigel
The Margie Smigel Group, LLC
List Price
$269,000
Sold Price
$235,000
Premium/Discount to List
-$34,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$176,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records
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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
Purrier Colleen K $395,000 Chicago Title
Keets Kate A -- None Listed On Document
Bbooks Benjamin A $247,500 Attorney
Green John D M $235,000 Proper Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keets Kate A $265,000
Previous Owner Bbooks Benjamin A $198,000
Previous Owner Green John D M $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $395,000 -1.2% $209 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $399,800 +61.5% $212 / Sq Ft
01/25/2016 01/25/16 Sold $247,500 -10.0% $131 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $275,000 +17.0% $146 / Sq Ft
08/02/2014 08/02/14 Sold $235,000 -5.6% $131 / Sq Ft View Prior Sale
06/20/2014 06/20/14 Pending -- -- --
05/29/2014 05/29/14 Price Changed $249,000 -3.9% $138 / Sq Ft
05/13/2014 05/13/14 Price Changed $259,000 -3.7% $144 / Sq Ft
04/16/2014 04/16/14 For Sale $269,000 -- $149 / 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 $2,262 $11,000 $5,500 $5,500
2022 $2,262 $11,000 $5,500 $5,500
2021 $2,212 $10,999 $5,499 $5,500
2020 $5,063 $22,727 $4,800 $17,927
2019 $4,972 $24,749 $4,800 $19,949
2018 $4,889 $24,749 $4,800 $19,949
2017 $4,420 $20,534 $3,960 $16,574
2016 $4,113 $20,534 $3,960 $16,574
2015 $3,763 $20,534 $3,960 $16,574
2014 $3,433 $21,070 $3,240 $17,830
2013 $3,354 $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: 12029291

Midwest Real Estate Data (MRED)

APN: 20-12-113-053-1004

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