NOT LISTED FOR SALE

5504 W Barry Ave Unit 2 Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $118,000 - $141,000

1 Bed
1 Bath
-- Sq Ft
$212/mo HOA Fee

Last Sold March 18, 2024

Last sale price $122,000

Est. 9% increase in value since last sale

Current estimated payment $1,058/month

16 Days on Market

Highlights

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

About This Home

As of March 2024

**Great investment in Belmont Cragin **Sunny and spacious one-bedroom, one-bathroom apartment on the top floor. The apartment features beautiful hardwood floors in the living room and bedroom. The kitchen is roomy and has oak cabinets and granite countertops. This apartment allows rentals, and pets are welcome. Additionally, the monthly assessment includes heat and water. Plenty of parking is available as the street has zoned parking. Assigned storage in the basement.Close to public transportation, shops, and restaurants. Short distance to the 90/94 expressway. Property selling " as is ". This property may be eligible for a grant of up to $15,000.

Last Agent to Sell the Property

Monica Luterek

RE/MAX City License #475125279 Listed on: 02/02/2024

RE/MAX City

Co-Listed By

Jolanta Brosko-Osika

RE/MAX City License #475119896

Last Buyer's Agent

Afrouz Kameli

HomeSmart Connect LLC License #475183981

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,724

Year Built

  • Built in 1929

Lot Details

  • 4,748

HOA Fees

  • $212 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator

Community Details

Overview

  • 8 Units
  • Patryk Association, Phone Number (312) 709-5757
  • Sunny Condo
  • Property managed by SELF-MANAGEMENT

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 35 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,724

Year Built

Built in 1929

Lot Details

0

HOA Fees

$212 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: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0

Exterior Features

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

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 212
  • Association Amenities: Coin Laundry, Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF-MANAGEMENT
  • Management Contact Name: PATRYK
  • Management Phone: 312-709-5757
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 35

Tax Info

  • Tax Annual Amount: 1724.42
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 12, 2024
Sold by
Korzeniewski Patryk and Korzeniewski Marjorie
Bought by
Najafi Tohid and Niknezhad Seyedehogol
Seller's Agent
Monica Luterek
RE/MAX City
Buyer's Agent
Afrouz Kameli
HomeSmart Connect LLC
List Price
$120,000
Sold Price
$122,000
Premium/Discount to List
$2,000
1.67%
Views
254
Current Estimated Value
$132,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,706
Avg. Annual Appreciation
5.13%
Original Mortgage
$91,500
Outstanding Balance
$90,180
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$42,526

Purchase Details

Closed on
Jan 29, 2019
Sold by
Bosiak Franciszek
Bought by
Korzeniewski Patryk

Purchase Details

Closed on
Dec 18, 2008
Sold by
Bosiak Franciszek
Bought by
Bosiak Franciszek and Franciszek Bosiak Trust

Purchase Details

Closed on
Aug 10, 2005
Sold by
Barry Street Development Llc
Bought by
Bosiak Franciszek
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Najafi Tohid $122,000 Saturn Title
Korzeniewski Patryk $15,000 Advisors Title Network Llc
Bosiak Franciszek -- None Available
Bosiak Franciszek $129,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Najafi Tohid $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $122,000 +1.7% --
02/19/2024 02/19/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $120,000 0.0% --
02/09/2024 02/09/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $120,000 -- --
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 $1,769 $9,550 $1,047 $8,503
2023 $1,724 $8,386 $849 $7,537
2022 $1,724 $8,386 $849 $7,537
2021 $1,686 $8,384 $848 $7,536
2020 $1,636 $7,346 $707 $6,639
2019 $1,665 $8,285 $707 $7,578
2018 $1,637 $8,285 $707 $7,578
2017 $16 $6,828 $622 $6,206
2016 $444 $6,828 $622 $6,206
2015 $427 $6,828 $622 $6,206
2014 $875 $9,336 $594 $8,742
2013 $878 $9,336 $594 $8,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11972733

Midwest Real Estate Data (MRED)

APN: 13-28-101-042-1006