Edgewater Plaza Condominiums 5445 N Sheridan Rd Unit 903 Chicago, IL 60640
Edgewater NeighborhoodEstimated Value: $172,000 - $201,000
1
Bed
1
Bath
850
Sq Ft
$445/mo
HOA Fee
Highlights
- Attached Garage
- Combination Dining and Living Room
- High-Rise Condominium
About This Home
As of December 2021$2K CLOSING CREDIT OFFERED TO A BUYER WHO CLOSES BEFORE DECEMBER 31ST, 2021! One of the largest 1 bedrooms in the Edgewater Plaza Condominiums! Beautiful wood floors just refinished! Sunny and spacious with floor to ceiling windows offering west facing city views. Updated kitchen cabinets, countertops, tiles and appliances! Full amenity building includes sun deck, play area, tennis courts, sundeck with grills, party room & dry cleaner/receiving room. Pool & health club are available next door for small fee. Assessments include heat, A/C, cable, high speed internet & more! Solid building has high reserves and units can be rented. Express bus at door and it's only 2 blocks to Red Line. The park, beach and bike path are at your back door! Short distance to Marianos's, Andersonville, amazing restaurants, theaters, everything! No pets. Short waitlist for building's monthly RENTAL PARKING.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,859
Year Built
- 1969
Lot Details
- 1.35
HOA Fees
- $445 per month
Interior Spaces
- 850 Sq Ft Home
- Combination Dining and Living Room
Parking
- Attached Garage
- Leased Parking
Community Details
Overview
- 465 Units
- Manager Association, Phone Number (773) 769-0500
- High-Rise Condominium
- Property managed by Edgewater Plaza Condo Association
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2021
Closed on
Dec 2, 2021
Sold by
Salamat Arsalan
Bought by
Miro Mary C
Seller's Agent
Marjorie Allabastro
Baird & Warner
Buyer's Agent
Michael Thomas
@properties Christie's International Real Estate
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%
Total Days on Market
31
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
$43,625
Avg. Annual Appreciation
7.32%
Original Mortgage
$137,740
Outstanding Balance
$129,248
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$51,962
Purchase Details
Closed on
Aug 15, 2008
Sold by
Hoschett Jean
Bought by
Salamat Arsalan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.55%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 8, 1998
Sold by
Hoschett Jean D
Bought by
Hoschett Jean and Jean Hoschett Living Trust
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Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miro Mary C | $142,000 | First American Title | |
| Salamat Arsalan | $127,000 | First American Title | |
| Hoschett Jean | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miro Mary C | $137,740 | |
| Previous Owner | Salamat Arsalan | $94,768 | |
| Previous Owner | Salamat Arsalan | $101,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $142,000 | -5.3% | $167 / Sq Ft |
| 11/10/2021 11/10/21 | Pending | -- | -- | -- |
| 10/09/2021 10/09/21 | For Sale | $150,000 | -- | $176 / 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 | $2,859 | $16,262 | $1,050 | $15,212 |
| 2023 | $2,859 | $13,900 | $844 | $13,056 |
| 2022 | $2,859 | $13,900 | $844 | $13,056 |
| 2021 | $2,125 | $13,899 | $843 | $13,056 |
| 2020 | $1,987 | $12,024 | $485 | $11,539 |
| 2019 | $1,984 | $13,304 | $485 | $12,819 |
| 2018 | $1,949 | $13,304 | $485 | $12,819 |
| 2017 | $1,404 | $9,898 | $421 | $9,477 |
| 2016 | $1,482 | $9,898 | $421 | $9,477 |
| 2015 | $1,333 | $9,898 | $421 | $9,477 |
| 2014 | $1,273 | $9,432 | $321 | $9,111 |
| 2013 | $1,237 | $9,432 | $321 | $9,111 |
Source: Public Records
Agents Affiliated with this Home
-
Marjorie Allabastro
Seller's Agent in 2021
Marjorie Allabastro
Baird Warner
(773) 301-2993
3 in this area
79 Total Sales
-
Michael Thomas
Buyer's Agent in 2021
Michael Thomas
@ Properties
(847) 322-6968
7 in this area
418 Total Sales
About Edgewater Plaza Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11242319
APN: 14-08-203-015-1081
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