NOT LISTED FOR SALE

5510 N Sheridan Rd Unit 4A Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $522,000 - $652,233

3 Beds
3 Baths
2,700 Sq Ft
$1,402/mo HOA Fee

Last Sold May 22, 2019

Last sale price $350,000 $130 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,983/month

63 Days on Market

Highlights

  • Lake Front
  • Property is near a park
  • Walk-In Pantry
  • The property is located in a historic district
  • Wood Flooring
  • 5-minute walk to AIDS Memorial Mediation Point

About This Home

As of May 2019

Rarely available 3 bedroom, 3 full bath updated home with vintage flair in Edgewater's historic Renaissance boutique building, with new elevator renovation, party room, rooftop deck and only two units per floor. This spectacular home is filled with natural light and is incredibly spacious with formal living room, separate dining room, family room, updated white kitchen with granite counters, stainless steel appliances and breakfast bar. Additional features include large bedrooms, updated baths and wonderful closet space with additional storage. Beautiful north, east and west-facing views of spectacular grounds, with easy access to Lake Shore Drive and express bus at your door. Take in all that historic Edgewater has to offer with shops, restaurants, transportation, the lakefront and Andersonville just moments away. On-site rental parking and free guest parking available. Well managed, pet-friendly building in top-rated Goudy Elementary School District!

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 02/04/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Melinda Shea

@properties Christie's International Real Estate License #475137555

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,994

Year Built

  • 1927

Lot Details

  • Lake Front
  • East or West Exposure

HOA Fees

  • $1,402 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Decorative Fireplace
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Soaking Tub
  • Separate Shower

Parking

  • Parking Available
  • Visitor Parking
  • Unassigned Parking

Eco-Friendly Details

  • North or South Exposure

Location

  • Property is near a park
  • The property is located in a historic district

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,994

Year Built

1927

Lot Details

0

HOA Fees

$1,402 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Unit Floor Level: 4
  • Age: 91-100 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 2700
  • Estimated Year Built: 1927
  • Type Attached: Condo
  • Total Sq Ft: 2700
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 19
  • Year Built: 1927

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 28X17, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Freezer, All Stainless Steel Kitchen Appliances, Cooktop, Range Hood
  • Equipment: Ceiling Fan
  • Fireplace Details: Decorative Only
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 20X16, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 16X16, On Level: Main Level, Flooring: Ceramic Tile, Windows: Shades
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 22X17, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Foyer, Dimensions: 11X05, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 19X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Estimated Sq Ft: 2700
  • Estimated Total Finished Sq Ft: 2700
  • Main Level Sq Ft: 2700
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), E (East), W (West), Lake/Water, Park

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned, Visitor Parking
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Fee Lease: 75
  • Parking Ownership: Fee/Leased

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Park/Playground, Party Room, Sundeck, Security Door Locks, Service Elevator
  • Assessment Includes: Heat, Water, Common Insurance, Doorman, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 1402
  • Management Contact Name: Diane Africano
  • Management Phone: 312-944-2611

Fee Information

  • Management Company: Associa Chicagoland
  • Lowest Parking Fee: 75
  • Highest Parking Fee: 75

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: CONDO
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14082020171005

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 19

Tax Info

  • Taxes: 10236.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
May 13, 2019
Sold by
Bidwell Ann E
Bought by
Gartzman Martin D and Bartz Joyce A
Seller's Agent
Leigh Marcus
@properties Christie's International Real Estate
Buyer's Agent
Melinda Shea
@properties Christie's International Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$564,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,808
Avg. Annual Appreciation
7.75%
Original Mortgage
$280,000
Outstanding Balance
$247,646
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$317,162

Purchase Details

Listed on
May 10, 2013
Closed on
Mar 14, 2014
Sold by
Quinlan Christopher P
Bought by
Bidwell Ann E
Seller's Agent
Dan Crouch
Villager Realty
Buyer's Agent
Dawn Von Gillern
Berkshire Hathaway HomeServices Chicago
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Dec 11, 2006
Sold by
Farrell Reed J and Quinlan Christopher P
Bought by
Quinlan Christopher P

Purchase Details

Closed on
Jul 3, 2006
Sold by
Farrell Reed J
Bought by
Farrell Reed J and Quinlan Christopher P

Purchase Details

Closed on
Jan 12, 2004
Sold by
Quinlan Christopher P
Bought by
Farrell Reed J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2000
Sold by
Quinlan Kathleen A
Bought by
Quinlan Christopher P

Purchase Details

Closed on
Jan 18, 1996
Sold by
Derubeis James J and Erlandson Willis A
Bought by
Quinlan Christopher and Quinlan Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,400
Interest Rate
7.19%

Purchase Details

Closed on
Sep 27, 1994
Sold by
Cole Taylor Bank
Bought by
Derubeis James J and Erlandson Willis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.68%
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
Gartzman Martin D $350,000 Chicago Title
Bidwell Ann E $235,000 Multiple
Quinlan Christopher P -- None Available
Farrell Reed J -- Lawyers
Farrell Reed J $450,000 Pntn
Quinlan Christopher P -- --
Quinlan Christopher $227,500 --
Derubeis James J $149,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gartzman Martin D $280,000
Previous Owner Farrell Reed J $315,000
Previous Owner Quinlan Christopher $193,400
Previous Owner Derubeis James J $125,000
Closed Farrell Reed J $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2019 05/22/19 Sold $350,000 -6.7% $130 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $375,000 +59.6% $139 / Sq Ft
03/18/2014 03/18/14 Sold $235,000 -6.0% $89 / Sq Ft View Prior Sale
02/06/2014 02/06/14 Pending -- -- --
11/19/2013 11/19/13 Price Changed $250,000 0.0% $94 / Sq Ft
11/19/2013 11/19/13 For Sale $250,000 +4.2% $94 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/20/2013 06/20/13 Price Changed $239,900 -7.7% $91 / Sq Ft
05/24/2013 05/24/13 Price Changed $260,000 -7.1% $98 / Sq Ft
05/10/2013 05/10/13 For Sale $280,000 -- $106 / 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 $6,994 $43,881 $3,224 $40,657
2023 $8,045 $39,116 $2,645 $36,471
2022 $8,045 $39,116 $2,645 $36,471
2021 $7,866 $39,115 $2,644 $36,471
2020 $7,577 $34,013 $1,490 $32,523
2019 $7,561 $37,634 $1,490 $36,144
2018 $8,057 $40,786 $1,490 $39,296
2017 $10,236 $47,551 $1,296 $46,255
2016 $9,524 $47,551 $1,296 $46,255
2015 $8,714 $47,551 $1,296 $46,255
2014 $7,711 $44,126 $988 $43,138
2013 $7,547 $44,126 $988 $43,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10263429

Midwest Real Estate Data (MRED)

APN: 14-08-202-017-1005