NOT LISTED FOR SALE

5470 S Archer Ave Unit 2B Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $83,000 - $97,000

Studio
1 Bath
700 Sq Ft
6,839 Sq Ft Lot

Sale Details

Date Sold: July 6, 2021

Last sale price $65,000 $93 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $635 / mo

3 Days on Market

Highlights

  • Coin Laundry
  • Dogs and Cats Allowed
  • Community Storage Space

About This Home

As of July 2021

Attention investors or owners looking for economical living. Sharp, cozy, and modern best describes this studio, 2nd floor condo. Well maintained bldg. Great location and a great price. Close to all the necessary amenities, transportation, shopping, Midway Airport. and I55. Assessments include heat, water, gas & scavenger. 1 assigned parking space included in price. Laundry and storage in basement. This unit is rentable and rents up to $700.

Last Agent to Sell the Property

Michelle Kotowski

Village Realty, Inc. License #475128460 Listed on: 06/02/2021

Village Realty, Inc.

Last Buyer's Agent

Estela Alfaro Cortes

eXp Realty License #475191242

eXp Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Lot Details

  • 6,839

HOA Fees

  • $94 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 700 Sq Ft Home
  • 3-Story Property
  • Range

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 9 Units
  • Max Association, Phone Number (773) 991-9608

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1964

Lot Details

6,839 Sq Ft Lot

HOA Fees

$94 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 700
  • 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

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Heating: Radiant
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 94
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Max
  • Management Phone: 773-991-9608

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 73.45
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 21, 2021
Sold by
Bought by
Seller's Agent
Michelle Kotowski
Village Realty, Inc.
Buyer's Agent
Estela Alfaro Cortes
eXp Realty
List Price
$69,872
Sold Price
$65,000
Premium/Discount to List
-$4,872
-6.97%
Current Estimated Value
$90,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,372
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
0.075%
Mortgage Type
Unknown
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$65,000 Old Republic Title
$58,000 Stewart Title Of Illinois
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $46,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $65,000 -7.0% $93 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $69,872 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $633 $4,740 $576 $4,164
2024 $633 $4,740 $576 $4,164
2023 $617 $3,000 $461 $2,539
2022 $617 $3,000 $461 $2,539
2021 $60 $2,999 $461 $2,538
2020 $60 $3,370 $461 $2,909
2019 $73 $3,795 $461 $3,334
2018 $71 $3,795 $461 $3,334
2017 $519 $2,410 $414 $1,996
2016 $483 $2,410 $414 $1,996
2015 $442 $2,410 $414 $1,996
2014 $562 $3,028 $391 $2,637
2013 $551 $3,028 $391 $2,637
Source: Public Records

Agents Affiliated with this Home

  • Michelle Kotowski

    Seller's Agent in 2021

    Michelle Kotowski

    Village Realty, Inc.

    (708) 267-6332

    6 in this area

    137 Total Sales

    Michelle Kotowski
    Section Image

  • E

    Buyer's Agent in 2021

    Estela Alfaro Cortes

    eXp Realty

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11107626

Midwest Real Estate Data (MRED)

APN: 19-09-409-066-1005

Illinois Cook County Chicago 60638 Garfield Ridge

5470 S Archer Ave Unit 2B, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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