NOT LISTED FOR SALE

5510 N Sheridan Rd Unit 15A Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $490,000 - $564,730

3 Beds
3 Baths
2,063 Sq Ft
$1,009/mo HOA Fee

Last Sold June 05, 2013

Last sale price $550,000 $267 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,375/month

120 Days on Market

Highlights

  • Rooftop Deck
  • End Unit
  • Party Room
  • Wood Flooring
  • Terrace
  • 5-minute walk to AIDS Memorial Mediation Point

About This Home

As of June 2013

THE RENAISSANCE-AMAZING WRAP-AROUND TERRACE OVERLOOKING LAKE, PARK, DOWNTOWN! ENOROMOUS TERRACE - GALLERY FOYER W/ BARREL CEILINGS, LIVING ROOM W/FP MANTLE. UPDTD KITCHEN W/ A BUTLER'S PANTRY & BREAKFAST ROOM. FORMAL DINING ROOM/FAMILY ROOM, 2 BEDROOMS WITH 3RD BDRM OPTION - 3 FULL BATHS. CENTRAL A/C. HRDWD - HRWD THRUOUT - ON-SITE OWNER & GUEST PRKG. LANDSCPD GARDENS. MOVE-IN PERFECT-TOTALLY REDONE BRICKWORK-MORE!!!

Last Agent to Sell the Property

Peter Tortorello

Berkshire Hathaway HomeServices Chicago License #475106743 Listed on: 12/14/2012

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Sam Tarara

Berkshire Hathaway HomeServices Chicago License #471000173

Last Buyer's Agent

Lisa Gendel

Jameson Sotheby's International Realty License #475151585

Jameson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1929

Lot Details

  • End Unit

HOA Fees

  • $1,009 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Entry on the 15th floor
  • Brick or Stone Mason
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,063 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Door Monitored By TV

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Rooftop Deck
  • Patio
  • Terrace

Utilities

  • SpacePak Central Air
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 32 Units
  • 19-Story Property

Amenities

  • Sundeck
  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,909

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,009 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • EntryLevel: 15
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1929
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Historical District
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Storage
  • LivingArea: 2063
  • Room Type: Terrace
  • Stories Total: 19
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, Storms/Screens, End Unit, Door Monitored By TV, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 589000
  • Lot Features: Common Grounds
  • Patio And Porch Features: Patio, Deck
  • Roof: Tar/Gravel
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Concrete, Garage Door Opener, On Site, Leased, Attached, Assigned, Unassigned, Off Street, Guest, Driveway, Garage
  • ParkingTotal: 6
  • Highest Parking Fee: 85
  • Lowest Parking Fee: 60

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1009
  • Association Amenities: Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site,Monday through Friday
  • Master Association Fee: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 2909
  • Tax Year: 2011
  • Tax Exemptions: None

Multi Family

  • Units in Building: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Jun 3, 2013
Sold by
Berman James H and Bermanova Kveta
Bought by
Tockman Lee H and Friedman Carol J
Seller's Agent
Peter Tortorello
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lisa Gendel
Jameson Sotheby's International Realty
List Price
$649,000
Sold Price
$550,000
Premium/Discount to List
-$99,000
-15.25%
Current Estimated Value
$527,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,757
Avg. Annual Appreciation
-0.34%

Purchase Details

Closed on
May 31, 2011
Sold by
Smith Richard F
Bought by
Berman James H and Bermanova Kveta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Smith Richard F and Griggs David R
Bought by
Smith Richard F and Griggs David R

Purchase Details

Closed on
Dec 12, 1996
Sold by
Coffman Stephen M and Hutchinson Mark H
Bought by
Smith Richard Frank and Griggs David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.5%
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
Tockman Lee H $550,000 1St American Title
Berman James H $604,000 Pntn
Smith Richard F -- --
Smith Richard Frank $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berman James H $417,000
Previous Owner Smith Richard Frank $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2013 06/05/13 Sold $550,000 -6.6% $267 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $589,000 -9.2% $286 / Sq Ft
12/14/2012 12/14/12 For Sale $649,000 -- $315 / 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 $6,806 $42,797 $3,144 $39,653
2023 $6,596 $38,227 $2,580 $35,647
2022 $6,596 $38,227 $2,580 $35,647
2021 $6,481 $38,226 $2,579 $35,647
2020 $6,146 $33,173 $1,453 $31,720
2019 $6,134 $36,705 $1,453 $35,252
2018 $6,636 $39,779 $1,453 $38,326
2017 $8,675 $46,376 $1,264 $45,112
2016 $8,431 $46,376 $1,264 $45,112
2015 $7,674 $46,376 $1,264 $45,112
2014 $5,666 $34,939 $963 $33,976
2013 $4,627 $29,950 $963 $28,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08235405

Midwest Real Estate Data (MRED)

APN: 14-08-202-017-1025