SOLD AUG 9, 2024
RENTED SEP 6, 2024
Edgewater Plaza Condominiums 5445 N Sheridan Rd Unit 403 Chicago, IL 60640
Edgewater Neighborhood
1
Bed
1
Bath
850
Sq Ft
$465/mo
HOA Fee
Highlights
- Doorman
- Tennis Courts
- Sundeck
- Community Pool
- Party Room
- Elevator
About This Home
As of August 2024Spacious and sunny 1 bedroom with loads of storage. Laminate flooring throughout. Updates in kitchen and bath. Huge pantry with 2 additional closets added behind it. This space was once open for a small office. This property boasts a generous floor plan and a prime location that's incredibly convenient. Situated within walking distance of the beach, Mariano's, Whole Foods, buses, the red line station, and an array of restaurants and coffee shops. Building: 24 hr doorman, tennis courts, grills, sundeck, access to outdoor pool, fitness center, indoor pool next door. Attached garage parking for 176 per month. Investor friendly with no rental cap.
Last Buyer's Agent
@properties Christie's International Real Estate License #475158110
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,694
Year Built
- Built in 1969 | Remodeled in 2009
HOA Fees
- $465 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
Interior Spaces
- 850 Sq Ft Home
- Combination Dining and Living Room
- Storage
- Laminate Flooring
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- No Tub in Bathroom
- Shower Body Spray
- Separate Shower
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
- 465 Units
- Julie Association, Phone Number (773) 769-0500
- High-Rise Condominium
- Property managed by Community Specialists
- 39-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Package Room
Recreation
- 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
Aug 20, 2024
Closed on
Aug 8, 2024
Sold by
403 Condo Llc
Bought by
Sadeh Farhad and Karimi Pegah
Seller's Agent
Keith Schumann
@properties Christie's International Real Estate
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
Sold Price
$1,750
Views
6
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
$177,202
Avg. Annual Appreciation
9.43%
Original Mortgage
$121,875
Outstanding Balance
$120,874
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$58,078
Purchase Details
Closed on
Jan 2, 2019
Sold by
Hodzic Fatima
Bought by
403 Condo Llc
Purchase Details
Closed on
Feb 27, 1998
Sold by
Sheren Sondra B
Bought by
Hodzic Selim and Hodzic Fatima
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
7.14%
Mortgage Type
FHA
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $162,500 | None Listed On Document | |
| Warranty Deed | $170,000 | None Available | |
| Warranty Deed | $65,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $121,875 | New Conventional | |
| Previous Owner | $63,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Rented | $1,750 | 0.0% | -- |
| 08/20/2024 08/20/24 | For Rent | $1,750 | 0.0% | -- |
| 08/09/2024 08/09/24 | Sold | $162,500 | -7.1% | $191 / Sq Ft |
| 07/19/2024 07/19/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $175,000 | 0.0% | $206 / Sq Ft |
| 06/23/2024 06/23/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | Price Changed | $175,000 | -2.8% | $206 / Sq Ft |
| 05/06/2024 05/06/24 | For Sale | $180,000 | -- | $212 / Sq Ft |
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 | $2,764 | $14,911 | $983 | $13,928 |
| 2023 | $2,694 | $13,100 | $790 | $12,310 |
| 2022 | $2,694 | $13,100 | $790 | $12,310 |
| 2021 | $2,634 | $13,099 | $790 | $12,309 |
| 2020 | $2,508 | $11,257 | $454 | $10,803 |
| 2019 | $1,813 | $12,455 | $454 | $12,001 |
| 2018 | $1,782 | $12,455 | $454 | $12,001 |
| 2017 | $1,123 | $9,267 | $395 | $8,872 |
| 2016 | $1,356 | $9,267 | $395 | $8,872 |
| 2015 | $1,217 | $9,267 | $395 | $8,872 |
| 2014 | $1,162 | $8,831 | $301 | $8,530 |
| 2013 | $1,128 | $8,831 | $301 | $8,530 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Schumann
Seller's Agent in 2024
Keith Schumann
@ Properties
(847) 404-8800
91 in this area
126 Total Sales
-
Jenni Gordon
Seller's Agent in 2024
Jenni Gordon
Compass
(847) 778-0359
2 in this area
71 Total Sales
-
Grigory Pekarsky
Buyer's Agent in 2024
Grigory Pekarsky
Vesta Preferred LLC
(773) 974-8014
23 in this area
1,784 Total Sales
About Edgewater Plaza Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12048756
APN: 14-08-203-015-1016
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