NOT LISTED FOR SALE

5511 S University Ave Unit 301 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $276,000 - $395,000

3 Beds
1 Bath
1,380 Sq Ft
$400/mo HOA Fee

Last Sold September 22, 2023

Last sale price $325,000 $236 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,815/month

29 Days on Market

Highlights

  • Penthouse
  • Deck
  • Sun or Florida Room
  • Kenwood Academy High School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2023

Ready to be impressed and wowed? This stunning, sunny PENTHOUSE 3 bed, 1 bath designer condo is the perfect blend of "modern style meets vintage opulence" featuring Ralph Lauren and Restoration Hardware, Pottery Barn inspired lighting and decor throughout. Gorgeous marble bathroom and generous-sized bedrooms, this home also offers an updated Chef's kitchen with high-end appliances, great granite counter space, nice storage in 42-inch cabinetry, and a dedicated dining room. The iconic Chicago sun room overlooks not only the beautiful tree-lined, one-way street but also Jeanne Gang's latest architectural residential building. In-unit washer and dryer. Did we mention this home is also known for its LOCATION? It is an easy walk to the U of Chicago Campus and the center of Hyde Park's cafes, restaurants, and fun! If outdoor space is important to you, the building offers a spectacular shared common backyard with a garden. A well-run association. Building shared storage that spans the length of the building. Heat is included in your monthly HOA fee. Street parking. Selling as-is and the seller is open to including specific furnishings. Come see for yourself why this home is special! Welcome home!

Last Agent to Sell the Property

Sara McCarthy

Keller Williams ONEChicago License #475135882 Listed on: 07/28/2023

Keller Williams ONEChicago

Co-Listed By

Julie Dorger

Keller Williams ONEChicago License #475135629

Last Buyer's Agent

Gloria Lin

Altogether Realty Corporation License #471014064

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,636

Lot Details

  • 7,536

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 1,380 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Ray Elementary School
  • Kenwood Academy High School

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 5 Units
  • Property managed by Self-Managed

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,636

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • 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

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1380
  • Room Type: Sun Room, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 350000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Electric: Circuit Breakers
  • Heating: Radiator(s)
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: NA
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ray Elementary School
  • High School: Kenwood Academy High School
  • Middle/Junior School: Ray Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6635.79
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 19, 2023
Sold by
Kara W Williams Trust
Bought by
Li And Chen Family Trust and Li
Seller's Agent
Sara McCarthy
Keller Williams ONEChicago
Buyer's Agent
Gloria Lin
Altogether Realty Corporation
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
111
Current Estimated Value
$349,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,644
Avg. Annual Appreciation
3.54%

Purchase Details

Listed on
Sep 22, 2018
Closed on
May 22, 2019
Sold by
Young Beverly and Young Bruce
Bought by
Williams Kara and Kara W Williams Trust
Seller's Agent
Jean-Marie Minton
Keller Williams ONEChicago
Buyer's Agent
Jean-Marie Minton
Keller Williams ONEChicago
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.03%

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 15, 2015
Sold by
Kaleta Mary L
Bought by
Young Beverly
Seller's Agent
Peter Perlinac
Ultimate Realty Group LLC
Buyer's Agent
Jennifer Bosch
@properties Christie's International Real Estate
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
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
Li And Chen Family Trust $325,000 Proper Title
Williams Kara $425,000 Citywide Title Corporation
Young Beverly $249,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $325,000 -7.1% $236 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $350,000 -17.6% $254 / Sq Ft
06/03/2019 06/03/19 Sold $425,000 -5.6% $308 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
09/22/2018 09/22/18 For Sale $450,000 +80.7% $326 / Sq Ft
07/15/2015 07/15/15 Sold $249,000 0.0% $192 / Sq Ft View Prior Sale
06/22/2015 06/22/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $249,000 -- $192 / 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 $6,987 $28,612 $7,769 $20,843
2023 $6,787 $33,000 $6,266 $26,734
2022 $6,787 $33,000 $6,266 $26,734
2021 $6,636 $32,999 $6,265 $26,734
2020 $5,104 $22,910 $5,012 $17,898
2019 $5,013 $24,949 $5,012 $19,937
2018 $4,928 $24,949 $5,012 $19,937
2017 $5,561 $25,834 $4,135 $21,699
2016 $5,174 $25,834 $4,135 $21,699
2015 $4,734 $25,834 $4,135 $21,699
2014 $1,761 $13,897 $3,383 $10,514
2013 $1,708 $13,897 $3,383 $10,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11844190

Midwest Real Estate Data (MRED)

APN: 20-14-106-032-1003