NOT LISTED FOR SALE

5500 W Higgins Ave Unit 3 Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $105,760 - $211,000

2 Beds
1 Bath
1,000 Sq Ft
$316/mo HOA Fee

Last Sold July 30, 2024

Last sale price $185,000 $185 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,212/month

5 Days on Market

Highlights

  • 1 Car Attached Garage
  • 5-minute walk to Jefferson Park Station
  • Baseboard Heating
  • Beaubien Elementary School Rated A-
  • Intercom
  • 2-minute walk to Jefferson (Thomas) Memorial Park

About This Home

As of July 2024

Exciting opportunity! This two-bedroom, one-bathroom condo, located in a charming three-story building, is bursting with potential and awaits your creative touch. A light rehab is needed, offering the chance to design the perfect space to fit your needs. Situated in the vibrant Jefferson Park neighborhood, you'll enjoy easy access to transportation, shopping, and dining. Don't miss out on transforming this diamond in the rough into a modern masterpiece! Multiple offers were received. Please have your best and final offer in by June 8th @ 5 PM.

Last Agent to Sell the Property

David Geary

Geary's Realty LLC License #471022615 Listed on: 06/03/2024

Last Buyer's Agent

Habteghabr Anisera

Hometown Real Estate License #475195885

Hometown Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1979

Lot Details

  • Additional Parcels

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Intercom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, gas, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,102

Year Built

Built in 1979

Lot Details

0

HOA Fees

$316 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 179500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 316
  • Association Amenities: Coin Laundry, Storage, Intercom
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 13093170291017
  • Additional Parcels: Yes
  • Lot Dimensions: 8962
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2101.54
  • Tax Year: 2021

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2011
Sold by
Licausi Katharina and Licausi Oddo
Bought by
Krefft Kent
Current Estimated Value
$163,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Outstanding Balance
$58,963
Interest Rate
4.76%
Mortgage Type
New Conventional
Estimated Equity
$104,977
Source: Public Records

Range of Values:

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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
Krefft Kent $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krefft Kent $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $185,000 +3.1% $185 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $179,500 -- $180 / 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
2024 $321 $1,736 $270 $1,466
2023 $313 $1,523 $217 $1,306
2022 $313 $1,523 $217 $1,306
2021 $306 $1,522 $217 $1,305
2020 $405 $1,819 $126 $1,693
2019 $406 $2,018 $126 $1,892
2018 $399 $2,018 $126 $1,892
2017 $413 $1,917 $113 $1,804
2016 $384 $1,917 $113 $1,804
2015 $352 $1,917 $113 $1,804
2014 $278 $1,498 $104 $1,394
2013 $273 $1,498 $104 $1,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12068932

Midwest Real Estate Data (MRED)

APN: 13-09-317-029-1013