NOT LISTED FOR SALE

5456 S Cornell Ave Unit 2E Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $158,000 - $174,000

1 Bed
1 Bath
800 Sq Ft
$270/mo HOA Fee

Last Sold April 29, 2022

Last sale price $146,000 $182 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,408/month

33 Days on Market

Highlights

  • Living Room
  • Heating System Uses Steam
  • 2-minute walk to Cornell Park
  • Kenwood Academy High School Rated A-
  • Dogs and Cats Allowed

About This Home

As of April 2022

Stylish one bedroom, one bath condo boasts a restored vintage vibe. Features elegant archways, a freshly rehabbed bathroom, lots of storage space, and in-unit washer/dryer combo. Located on a quiet street in a well funded building and steps away from shopping center, lots of restaurants, Trader Joe's, Whole Foods as well as local markets and Metra Electric line. Short walking distance from Jackson Park, Promontory Point, 57th St beach, Museum of Science and Industry, University of Chicago, and forthcoming Obama Center. Very close to express CTA buses downtown and 55th bus stop to Midway Airport. Building is well maintained and features laundry room, bike room and extra storage space.

Last Agent to Sell the Property

Casey Christie

City and Field Real Estate License #475194080 Listed on: 02/01/2022

Last Buyer's Agent

Antje Gehrken

A.R.E. Partners Inc. License #471002284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 1920 | Remodeled in 2005

Lot Details

  • 0.51

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,730

Year Built

Built in 1920 | Remodeled in 2005

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2005
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2005

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Steam
  • Laundry Features: In Kitchen
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 270
  • Association Fee Frequency: Monthly
  • 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, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1730.17
  • Tax Year: 2020

Multi Family

  • Units in Building: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 28, 2022
Sold by
Faulkenberg David Wesley
Bought by
Phillips William
Seller's Agent
Casey Christie
City and Field Real Estate
Buyer's Agent
Antje Gehrken
A.R.E. Partners Inc.
List Price
$155,000
Sold Price
$146,000
Premium/Discount to List
-$9,000
-5.81%
Current Estimated Value
$174,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,949
Avg. Annual Appreciation
4.02%
Original Mortgage
$116,800
Outstanding Balance
$109,612
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$59,575

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 24, 2016
Sold by
Kim Stephen and Kim Emily Dean
Bought by
Faulkenberg David Wesley
Seller's Agent
Thomas Zebrowski
Berkshire Hathaway HomeServices KoenigRubloff
Buyer's Agent
Joanne Bullen
Ultimate Realty Group LLC
List Price
$115,000
Sold Price
$108,500
Premium/Discount to List
-$6,500
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$92,225
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips William -- Citywide Title
Faulkenberg David Wesley $108,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips William $116,800
Previous Owner Faulkenberg David Wesley $92,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $146,000 -5.8% $183 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $155,000 +42.9% $194 / Sq Ft
09/15/2016 09/15/16 Sold $108,500 -5.7% $136 / Sq Ft View Prior Sale
07/22/2016 07/22/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $115,000 -- $144 / 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 $2,005 $13,169 $2,236 $10,933
2022 $2,005 $13,169 $2,236 $10,933
2021 $1,978 $13,169 $2,236 $10,933
2020 $1,730 $10,869 $1,789 $9,080
2019 $1,689 $11,837 $1,789 $10,048
2018 $1,660 $11,837 $1,789 $10,048
2017 $1,397 $9,866 $1,476 $8,390
2016 $1,476 $9,866 $1,476 $8,390
2015 $1,327 $9,866 $1,476 $8,390
2014 $1,151 $8,771 $1,207 $7,564
2013 $1,431 $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: 11311553

Midwest Real Estate Data (MRED)

APN: 20-12-110-045-1022