NOT LISTED FOR SALE

5470 S Cornell Ave Unit 1A Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $249,000 - $280,696

2 Beds
1 Bath
1,061 Sq Ft
$582/ mo HOA Fee

Last Sold July 10, 2024

Last sale price $270,000 $254 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,304/month

1 Day on Market

Highlights

  • Lock-and-Leave Community
  • 5-minute walk to 55Th-56Th-57Th Street Station
  • Formal Dining Room
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • 2-minute walk to Cornell Park

About This Home

As of July 2024

This spacious and elegant raised first floor 2 bedroom, 1 bath condo is situated in the back of the courtyard with views of the lush landscaping and street. Upon entering, you will pass through a separate entryway with a large coat closet. East, west and north exposures provide all day sunlight from every window. The LR has a large bay window overlooking the courtyard with French pane windows & a woodburning fireplace. Gracious and large formal dining room with original leaded glass windows. Recently refinished hardwood floors and freshly painted kitchen. The updated country kitchen features a recently refurbished statement red Chambers range, a farmer's sink & a restored Hoosier hutch. There is a laundry area with new full size WD right next to the back door. The bedrooms are bright & airy; one with floor to ceiling bookshelves. The well run HOA allows investor owners. This charming condo location has a 90 walk score & a 95 bike score. The Metra is behind it & the express bus to the Loop is a block east. Great Hyde Park location with Restaurants, shops, parking, the Lakefront, the MSI & the University of Chicago all close by.

Last Agent to Sell the Property

Robin Cowen Gottlieb

Real Broker LLC License #475181245 Listed on: 06/01/2024

Real Broker LLC

Last Buyer's Agent

Ali Arciniega

ALLURE Real Estate License #475163462

ALLURE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1939

Lot Details

  • 0.54

HOA Fees

  • $582 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,061 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Courtyard

Schools

  • Harte Elementary School
  • Kenwood Academy High School

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 19 Units
  • Mustafa Mike Kurtovic Association, Phone Number (773) 878-3300
  • Property managed by PRAIRIE SHORES PROPERTY MANAGEMENT LLC
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,114

Year Built

Built in 1939

Lot Details

0.54 Acres

HOA Fees

$582 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Vintage
  • Year Built: 1939
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features
  • LivingArea: 1061
  • Other Equipment: TV-Cable, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Cable Access
  • Lot Features: Common Grounds, Rear of Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: None
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit, In Kitchen
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 582
  • Association Amenities: Bike Room/Bike Trails, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: PRAIRIE SHORES PROPERTY MANAGEMENT LLC
  • Management Contact Name: Mustafa Mike Kurtovic
  • Management Phone: 773-878-3300
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Harte Elementary School
  • High School: Kenwood Academy High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 4114
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jun 13, 2024
Sold by
Li Wen-Zheng and Li Wenzheng
Bought by
Hancock Maxfield and Hedges Julia
Seller's Agent
Robin Cowen Gottlieb
Real Broker LLC
Buyer's Agent
Ali Arciniega
ALLURE Real Estate
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Views
13
Current Estimated Value
$263,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,826
Avg. Annual Appreciation
-1.50%

Purchase Details

Listed on
May 18, 2019
Closed on
Jun 17, 2019
Sold by
Ruccio David F
Bought by
Li Wenzheng
Seller's Agent
Margie Smigel
The Margie Smigel Group, LLC
Buyer's Agent
Kristine Chen Frost
Compass
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Source: Public Records
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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
Hancock Maxfield $270,000 Fidelity National Title
Li Wenzheng $189,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2024 07/10/24 Sold $270,000 -9.7% $254 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $299,000 +58.2% $282 / Sq Ft
06/28/2019 06/28/19 Sold $189,000 0.0% -- View Prior Sale
05/25/2019 05/25/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $189,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,235 $24,723 $8,096 $16,627
2024 $4,235 $24,723 $8,096 $16,627
2023 $4,113 $20,000 $6,529 $13,471
2022 $4,113 $20,000 $6,529 $13,471
2021 $4,022 $19,999 $6,528 $13,471
2020 $3,339 $14,987 $5,222 $9,765
2019 $2,592 $16,329 $5,222 $11,107
2018 $2,547 $16,329 $5,222 $11,107
2017 $3,118 $17,861 $4,308 $13,553
2016 $3,972 $22,327 $4,308 $18,019
2015 $3,611 $22,327 $4,308 $18,019
2014 $2,441 $15,726 $3,525 $12,201
2013 $2,382 $15,726 $3,525 $12,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12064906

Midwest Real Estate Data (MRED)

APN: 20-12-110-036-1005

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