NOT LISTED FOR SALE

5454 S Cornell Ave Unit 1E Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $160,000 - $180,000

1 Bed
1 Bath
800 Sq Ft
$245/mo HOA Fee

Last Sold December 28, 2015

Last sale price $93,000 $116 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,422/month

119 Days on Market

About This Home

As of December 2015

Beautiful Condo on first floor in Hyde Park, close to University of Chicago, Museum of Science and Industry, shopping, Metra electric, an ideal location !! 1 bed 1 bath with stainless steel appliances, granite, upgraded bathroom and move in ready condition. Tons of storage area, one of the walk in closet is currently being used an office/den area. Low HOA $245 per month and ready to move in.

Last Agent to Sell the Property

Alka Nigam

Coldwell Banker Realty License #475118516 Listed on: 07/09/2015

Coldwell Banker Realty

Last Buyer's Agent

Stan Wertelka

eXp Realty License #475095737

eXp Realty

Property Details

Home Type

  • Condominium

Year Built

  • 1923

Lot Details

  • 0.51

HOA Fees

  • $245 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Radiator
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1923

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1923
  • Type Attached: Condo, Low Rise (1-3 Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1923

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 11X19, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Kitchen Type: Dimensions: 8X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 800

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 20
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 245
  • Management Contact Name: MARION REALTY INC
  • Management Phone: 773-684-5400

Fee Information

  • Management Company: CORNELL PARK CONDO

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X150
  • Parcel Identification Number: 20121100451014

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 1908.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Dec 21, 2015
Sold by
Nigam Ratna Deep and Nigam Alka
Bought by
Winston Kerry L and Winston Kimberly
Seller's Agent
Alka Nigam
Coldwell Banker Realty
Buyer's Agent
Stan Wertelka
eXp Realty
List Price
$125,000
Sold Price
$93,000
Premium/Discount to List
-$32,000
-25.6%
Current Estimated Value
$180,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,708
Avg. Annual Appreciation
6.16%
Original Mortgage
$83,700
Outstanding Balance
$65,853
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$103,447

Purchase Details

Listed on
Apr 15, 2014
Closed on
Aug 21, 2014
Sold by
The Bank Of New York Mellon
Bought by
Nigam Ratna Deep
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Alka Nigam
Coldwell Banker Realty
List Price
$93,500
Sold Price
$56,000
Premium/Discount to List
-$37,500
-40.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.29%

Purchase Details

Closed on
Nov 11, 2013
Sold by
Kazi Shahnaz A
Bought by
The Bank Of New York Mellon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Winston Kerry L $93,000 Attorney
Nigam Ratna Deep $56,000 Multiple
The Bank Of New York Mellon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winston Kerry L $83,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2015 12/28/15 Sold $93,000 -15.5% $116 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
09/24/2015 09/24/15 Price Changed $110,000 -4.3% $138 / Sq Ft
08/22/2015 08/22/15 Price Changed $115,000 -4.2% $144 / Sq Ft
07/16/2015 07/16/15 Price Changed $120,000 -4.0% $150 / Sq Ft
07/09/2015 07/09/15 For Sale $125,000 +123.2% $156 / Sq Ft
09/05/2014 09/05/14 Sold $56,000 -6.5% $70 / Sq Ft View Prior Sale
08/20/2014 08/20/14 Pending -- -- --
08/07/2014 08/07/14 Price Changed $59,900 -12.6% $75 / Sq Ft
07/03/2014 07/03/14 Price Changed $68,500 -11.0% $86 / Sq Ft
06/06/2014 06/06/14 Price Changed $77,000 -10.7% $96 / Sq Ft
05/12/2014 05/12/14 Price Changed $86,250 -7.8% $108 / Sq Ft
05/01/2014 05/01/14 For Sale $93,500 +67.0% $117 / Sq Ft
05/01/2014 05/01/14 Off Market $56,000 -- --
04/15/2014 04/15/14 For Sale $93,500 -- $117 / 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
2025 $2,788 $14,936 $2,773 $12,163
2024 $2,788 $14,936 $2,773 $12,163
2023 $2,709 $13,169 $2,236 $10,933
2022 $2,709 $13,169 $2,236 $10,933
2021 $2,648 $13,169 $2,236 $10,933
2020 $2,421 $10,869 $1,789 $9,080
2019 $2,378 $11,837 $1,789 $10,048
2018 $2,338 $11,837 $1,789 $10,048
2017 $2,124 $9,866 $1,476 $8,390
2016 $1,976 $9,866 $1,476 $8,390
2015 $1,808 $9,866 $1,476 $8,390
2014 $1,627 $8,771 $1,207 $7,564
2013 -- $10,495 $1,207 $9,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08977188

Midwest Real Estate Data (MRED)

APN: 20-12-110-045-1014