NOT LISTED FOR SALE

5510 N Sheridan Rd Unit 18A Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $508,000 - $707,000

2 Beds
2 Baths
2,000 Sq Ft
$995/mo HOA Fee

Last Sold March 28, 2014

Last sale price $332,500 $166 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,616/month

8 Days on Market

Highlights

  • Lake Front
  • Rooftop Deck
  • Wood Flooring
  • Beach
  • The property is located in a historic district
  • 5-minute walk to AIDS Memorial Mediation Point

About This Home

As of March 2014

ENJOY BREATHTAKING LAKE VIEWS FROM THIS IMPECCABLE ALMOST 2000SQFT 2BED 2BATH+FAMILY RM PENTHOUSE IN A HISTORICALLY SIGNIFICANT ELEGANT BLDING. STEPS TO THE LAKE,RESTAURANTS,PUBLIC TRANS & EVERYTHING EDGEWATER HAS TO OFFER.X-WIDE (26FT) LR/DR O'LOOKING THE LAKE;RECENTLY UPDATED CLASSIC EAT-IN WHITE KIT;X-LRGE MASTER SUITE W/NEW MARBLE MBTH & LRGE WIC;FULL AMENITY BLDING W/DOORMAN, SUNDECK,SAUNA,ETC. EXT PARKING INCL!

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 02/09/2014

Compass

Co-Listed By

John Dasdelen

Compass License #475124366

Last Buyer's Agent

Nick Powers

Baird & Warner License #475122366

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,493

Year Built

  • 1927

Lot Details

  • Lake Front
  • End Unit
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $995 per month

Parking

  • Detached Garage
  • Parking Available
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof

Interior Spaces

  • Entrance Foyer
  • Home Office
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Soaking Tub

Home Security

Outdoor Features

  • Rooftop Deck
  • Brick Porch or Patio

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

Recreation

  • Beach

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,493

Year Built

1927

Lot Details

0

HOA Fees

$995 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Historical District
  • Recent Rehab: Yes
  • Unit Floor Level: 18
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1927
  • Type Attached: Condo, High Rise (7+ Stories), Vintage, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 18
  • Year Built: 1927

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 26X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: TV-Cable, Intercom, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer, Office, Walk In Closet
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Walk in Closet, Dimensions: 06X03, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Office, Dimensions: 07X04, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Foyer, Dimensions: 11X05, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2000
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Roof Type: Tar and Gravel
  • Waterfront: Yes
  • Exterior Property Features: Roof Deck, Brick Paver Patio, Storms/Screens, End Unit
  • Exposure: E (East), W (West), Lake/Water

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Coin Laundry, Elevator, Storage, On Site Manager/Engineer, Party Room, Sundeck, Sauna
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Doorman, Clubhouse, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 995
  • Management Contact Name: RON BAKER
  • Management Phone: 773-290-1710

Fee Information

  • Management Company: BUILDING GROUP

Schools

  • School District: 299
  • Elementary School: GOUDY ELEMENTARY SCHOOL
  • Middle School: GOUDY ELEMENTARY SCHOOL
  • High School: SENN ACHIEVEMENT ACADEMY HIGH SC
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Beach, Common Grounds, Corner, Fenced Yard, Lake Front, Water View
  • Parcel Identification Number: 14082020171031

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 18

Tax Info

  • Taxes: 6402.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2019
Sold by
Zelechowski Allan and Zelechowski Deborah
Bought by
Zelechowski Allan and Zelechowski Deborah
Current Estimated Value
$595,900

Purchase Details

Listed on
Feb 9, 2014
Closed on
Mar 27, 2014
Sold by
Mccarthy Constance F
Bought by
Zelechowski Allan and Zelechowski Deborah
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Nick Powers
Baird & Warner
List Price
$349,500
Sold Price
$332,500
Premium/Discount to List
-$17,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Mar 29, 2005
Sold by
Willas Vincent P
Bought by
Mccarthy Constance F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 15, 2001
Sold by
Willas Vincent P
Bought by
The Vincent P Willas Trust

Purchase Details

Closed on
Dec 28, 1999
Sold by
Colovos Symeon
Bought by
Willas Vincent P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.69%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Tucker Lawrence E and Tucker Laurence E
Bought by
Colovos Symeon

Purchase Details

Closed on
Feb 11, 1998
Sold by
Brooks Kenneth C
Bought by
Tucker Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
10.45%
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
Zelechowski Allan -- None Available
Zelechowski Allan $332,500 None Available
Mccarthy Constance F $410,000 Chicago Title Insurance Comp
The Vincent P Willas Trust -- --
Willas Vincent P $250,000 --
Colovos Symeon $242,000 --
Tucker Lawrence E $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Constance F $250,000
Previous Owner Willas Vincent P $200,000
Previous Owner Tucker Lawrence E $160,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $332,500 -4.9% $166 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
02/09/2014 02/09/14 For Sale $349,500 -- $175 / 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 $5,493 $35,484 $2,607 $32,877
2023 $5,316 $32,004 $2,139 $29,865
2022 $5,316 $32,004 $2,139 $29,865
2021 $5,230 $32,003 $2,138 $29,865
2020 $4,883 $27,505 $1,205 $26,300
2019 $4,874 $30,433 $1,205 $29,228
2018 $5,293 $32,981 $1,205 $31,776
2017 $8,277 $38,451 $1,048 $37,403
2016 $7,701 $38,451 $1,048 $37,403
2015 $7,046 $38,451 $1,048 $37,403
2014 $6,620 $35,682 $799 $34,883
2013 $6,490 $35,682 $799 $34,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08533356

Midwest Real Estate Data (MRED)

APN: 14-08-202-017-1031