NOT LISTED FOR SALE

5470 S Archer Ave Unit 3B Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $85,000 - $124,000

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

Sale Details

Date Sold: January 4, 2021

Last sale price $54,000 $77 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $673 / mo

24 Days on Market

About This Home

As of January 2021

Attention investors or owners looking for economical living. Move in ready studio condo. Located at the heart of convenience in the Midway area, this unit brings you close to shopping, bus, Metra, expressway and Midway Airport. Seller was renting for $700 per month.

Last Agent to Sell the Property

Michelle Kotowski

Village Realty, Inc. License #475128460 Listed on: 11/10/2020

Village Realty, Inc.

Last Buyer's Agent

Dave Shefren

Axxess Agent LLC License #475159900

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Lot Details

  • 6,839

HOA Fees

  • $96 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Off-Street Parking
  • Parking Included in Price

Location

  • Property is near bus stop

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

6,839 Sq Ft Lot

HOA Fees

$96 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 3
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Studio
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 2
  • Living Room: Dimensions: 12X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Dimensions: 08X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Additional Rooms: No additional rooms
  • Estimated Sq Ft: 700

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Storm
  • Heating Fuel: Radiant

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Gas, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 96
  • Management Contact Name: Max
  • Management Phone: 773-991-9608

Fee Information

  • Management Company: Self Managed

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 19094090661008

Multi Family

  • Total Number Unitsin Building: 9
  • Number Stories: 3

Tax Info

  • Taxes: 613.21

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
Nov 10, 2020
Closed on
Jan 4, 2021
Sold by
Marquette Bank
Bought by
Seller's Agent
Michelle Kotowski
Village Realty, Inc.
Buyer's Agent
Dave Shefren
Axxess Agent LLC
List Price
$63,872
Sold Price
$54,000
Premium/Discount to List
-$9,872
-15.46%
Current Estimated Value
$97,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,103
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Rzeminski Michael M
Bought by
Marquette Bank and Trust #15621

Purchase Details

Closed on
Feb 17, 2005
Sold by
Spizzirri Jeanne M
Bought by
Rzeminski Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$54,000 First American Title
Marquette Bank -- None Available
Rzeminski Michael M $50,500 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
Previous Owner $18,000
Previous Owner Rzeminski Michael M $45,000
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
01/04/2021 01/04/21 Sold $54,000 -15.5% $77 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $63,872 -- $91 / 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 $527 $4,765 $579 $4,186
2024 $527 $4,765 $579 $4,186
2023 $514 $2,500 $464 $2,036
2022 $514 $2,500 $464 $2,036
2021 $503 $2,499 $463 $2,036
2020 $604 $2,710 $463 $2,247
2019 $613 $3,052 $463 $2,589
2018 $603 $3,052 $463 $2,589
2017 $522 $2,423 $417 $2,006
2016 $485 $2,423 $417 $2,006
2015 $444 $2,423 $417 $2,006
2014 $565 $3,045 $394 $2,651
2013 $76 $3,045 $394 $2,651
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10929495

Midwest Real Estate Data (MRED)

APN: 19-09-409-066-1008

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