NOT LISTED FOR SALE

5492 S Everett Ave Unit 3 Chicago, IL 60615

Hyde Park Neighborhood

Estimated Value: $351,000 - $407,592

4 Beds
3 Baths
2,500 Sq Ft
$819/ mo HOA Fee

Last Sold July 05, 2023

Last sale price $340,000 $136 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,403/month

13 Days on Market

Highlights

  • Wood Flooring
  • Heated Sun or Florida Room
  • Formal Dining Room
  • Kenwood Academy High School Rated A-
  • Corner Lot
  • 3-minute walk to Cornell Park

About This Home

As of July 2023

This is the first time this home has been on the market in many decades! Now is your opportunity to own a glorious, spacious four bedroom, three full bath home with eat-in kitchen and in-unit laundry. Every room is large! This home is perfect for entertaining. One enters upon a large entry foyer to be instantly drawn to the amazing space of the oversized living room, sunroom and formal dining room with beautiful beamed ceiling. The dining room has direct access to the kitchen via the butlers pantry which is lined with cabinetry and doubles as the laundry room with full size washer and dryer. The kitchen is eat-in. All four bedrooms are larger than commonly found and can easily fit the largest of bed sizes. One bedroom has an en-suite bath. There are three full baths in total. This is perfect for a new owner who desires to bring their own decorating ideas to update and make this your special home. Acknowledging that a new owner will be updating this home, the asking price has been set with that in mind and the seller is asking for an "As-Is" sale. Located steps to the landmark Promontory Point where one can enjoy the lake, the city views, and the bike paths; the Museum of Science and Industry; the University of Chicago; the upcoming Obama Presidential Center; parks, transportation, shopping and restaurants. A recent special assessment is due to end August 31, 2023 and the balance will be paid by the seller. The association plans that as of Sept 1, 2023 the current regular 2023 monthly assessment of $819.23 will increase 10% to $901.15 for at minimum, the remainder of this year. The property tax as shown does not include any exemptions. Rentals allowed after 2 years of ownership, rentals are capped at a maximum of 3 units at a time.

Last Agent to Sell the Property

Deborah Lewis

Berkshire Hathaway HomeServices Chicago License #475135973 Listed on: 05/22/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Molly Bartlett

Baird & Warner License #475161428

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1909

Lot Details

  • Fenced Yard

HOA Fees

  • $819 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 15 Units
  • Mark Kiel Association, Phone Number (773) 667-1000
  • Property managed by MetroPro

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,730

Year Built

Built in 1909

Lot Details

0.39 Acres

HOA Fees

$819 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: 1909
  • Age: 100+ 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: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2500
  • Room Type: Foyer, Heated Sun Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 819
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: MetroPro
  • Management Contact Name: Mark Kiel
  • Management Phone: 773-667-1000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

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: 6729.68
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 26, 2023
Sold by
Mark Bernard Naess Of Ypsilanti
Bought by
Qian Tongji and Wang Fan
Seller's Agent
Deborah Lewis
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Molly Bartlett
Baird & Warner
List Price
$369,000
Sold Price
$340,000
Premium/Discount to List
-$29,000
-7.86%
Views
61
Current Estimated Value
$387,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,898
Avg. Annual Appreciation
5.06%
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
Qian Tongji $340,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $340,000 -7.9% $136 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $369,000 -- $148 / Sq Ft
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 $7,086 $33,039 $6,973 $26,066
2024 $7,086 $33,039 $6,973 $26,066
2023 $6,883 $33,466 $5,623 $27,843
2022 $6,883 $33,466 $5,623 $27,843
2021 $6,730 $33,466 $5,623 $27,843
2020 $4,304 $24,906 $4,498 $20,408
2019 $4,524 $28,692 $4,498 $24,194
2018 $4,446 $28,692 $4,498 $24,194
2017 $4,441 $24,006 $3,711 $20,295
2016 $4,308 $24,006 $3,711 $20,295
2015 $3,918 $24,006 $3,711 $20,295
2014 $3,787 $22,982 $3,036 $19,946
2013 $3,702 $22,982 $3,036 $19,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789012

Midwest Real Estate Data (MRED)

APN: 20-12-114-039-1006

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