NOT LISTED FOR SALE

Estimated Value: $140,000 - $176,000

-- Bed
1 Bath
600 Sq Ft
$367/mo HOA Fee

Last Sold January 07, 2022

Last sale price $124,000 $207 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,463/month

18 Days on Market

About This Home

As of January 2022

Wow! Gorgeous light filled 39th floor penthouse studio with amazing sunset views. This unit is in absolute move-in condition, with updated kitchen and bath, brand new flooring, and a fresh coat of paint throughout. Custom window blinds and designer closet. Great building in hot Edgewater neighborhood, with 24 hour doorman, tennis courts, sun deck, BBQ area, library, bike room, and on-site dry cleaners. Access to pool and health club right next door for nominal fee. Garage or outdoor parking available for $110-120 per month. Just steps from Marianos, Hollywood beach, lakeside bike path. Multiple bus lines just outside your door, CTA red line just blocks away. Great return for investors too; should rent for 1250-3000 per month. Easy to show. Call today!

Last Listed By

Michael Hobin

Dream Town Real Estate License #475154595 Listed on: 11/01/2021

Dream Town Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,365

Year Built | Renovated

  • 1974 | 2018

Lot Details

  • 1.35

HOA Fees

  • $367 per month

Parking

  • Attached Garage
  • Leased Parking

Home Design

  • Studio

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 465 Units
  • Rob Shouse Association, Phone Number (773) 769-0500
  • Property managed by Edgewater Plaza Condo association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,365

Year Built | Renovated

1974 | 2018

Lot Details

0

HOA Fees

$367 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Studio
  • Property Sub Type: Condo,Studio
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 39
  • Rehab Year: 2018
  • Co List Office Mls Id: MRD4926
  • Co List Office Phone: (847) 961-4700
  • Directions: Sheridan Rd to 5445. Can park out front for 20 minutes
  • Lot Size: PER SURVEY
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1974
  • Year Renovated: 2018

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Interior Amenities: Elevator, Wood Laminate Floors, Storage
  • Dining Room Type: No additional rooms
  • Stories: 39

Exterior Features

  • Exterior Features: Outdoor Grill
  • Exterior Building Type: Glass,Concrete
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Edgewater Plaza Condo association
  • Management Contact Name: Rob Shouse
  • Management Phone: 773-769-0500
  • Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Pool, Service Elevator(s), Tennis Court(s)
  • Association Fee: 367
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No
  • Land Lease Amount: 120

Multi Family

  • Units in Building: 465

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1515.86
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 13, 2022
Sold by
Geyh Paula E
Bought by
Shao Oliver
Seller's Agent
Michael Hobin
Dream Town Real Estate
Buyer's Agent
Michael Hobin
Dream Town Real Estate
List Price
$129,000
Sold Price
$124,000
Premium/Discount to List
-$5,000
-3.88%
Total Days on Market
18
Current Estimated Value
$160,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,594
Avg. Annual Appreciation
7.15%
Original Mortgage
$105,400
Outstanding Balance
$98,517
Interest Rate
3.11%
Estimated Equity
$58,199

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 29, 2021
Sold by
Geyh Paula E
Bought by
Shao Oliver
Seller's Agent
Michael Hobin
Dream Town Real Estate
Buyer's Agent
Michael Hobin
Dream Town Real Estate
List Price
$129,000
Sold Price
$124,000
Premium/Discount to List
-$5,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,400
Outstanding Balance
$98,517
Interest Rate
3.11%
Estimated Equity
$58,199

Purchase Details

Closed on
May 22, 2019
Sold by
Geyh Paula E
Bought by
Geyh Paula E

Purchase Details

Closed on
Apr 29, 2002
Sold by
Zak Allen J
Bought by
Gibson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2001
Sold by
Lee Andrew
Bought by
Zak Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
12.38%

Purchase Details

Closed on
Aug 17, 1999
Sold by
Dobyne Aisha K and Ramos Antonio
Bought by
Lee Andrew

Range of Values:

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Average Value
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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
Shao Oliver $124,000 --
Shao Oliver $124,000 --
Shao Oliver $124,000 --
Geyh Paula E -- Attorney
Gibson Andrew $110,000 --
Zak Allen $84,000 --
Lee Andrew $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shao Oliver $105,400
Closed Shao Oliver $105,400
Previous Owner Gibson Andrew $90,471
Previous Owner Gibson Andrew $35,000
Previous Owner Gibson Andrew $20,000
Previous Owner Gibson Andrew $107,550
Previous Owner Gibson Andrew $15,000
Previous Owner Gibson Andrew $10,600
Previous Owner Gibson Andrew $106,700
Previous Owner Gibson Andrew $106,700
Previous Owner Zak Allen $80,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $124,000 -3.9% $207 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $129,000 -- $215 / 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 $2,365 $13,399 $865 $12,534
2023 $2,365 $11,500 $695 $10,805
2022 $2,365 $11,500 $695 $10,805
2021 $1,643 $11,499 $695 $10,804
2020 $1,516 $9,907 $399 $9,508
2019 $1,513 $10,961 $399 $10,562
2018 $1,487 $10,961 $399 $10,562
2017 $1,029 $8,156 $347 $7,809
2016 $1,133 $8,156 $347 $7,809
2015 $1,014 $8,156 $347 $7,809
2014 $966 $7,777 $265 $7,512
2013 $936 $7,777 $265 $7,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11260158

Midwest Real Estate Data (MRED)

APN: 14-08-203-015-1459