NOT LISTED FOR SALE

5515 S University Ave Unit 2 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $305,000 - $646,014

5 Beds
2 Baths
2,500 Sq Ft
$700/mo HOA Fee

Last Sold July 28, 2014

Last sale price $500,000 $200 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,428/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walk-In Pantry
  • Kenwood Academy High School Rated A-
  • Home Office
  • Stainless Steel Appliances

About This Home

As of July 2014

Spacious and bright 5 bedroom, 2 bath condo on campus! Two units combined with lots of space for everyone. Sunny living room, enormous family room adjacent to kitchen, large laundry room, 4 sun porches, hardwood floors throughout, updated electric, kitchen with granite counters and stainless appliances. Lush, private gardens in the back of this well maintained brick 6 flat. Rental parking available. Welcome home!

Last Agent to Sell the Property

Madelaine Gerbaulet-Vanasse

Meliora Real Estate Group LLC License #471018872 Listed on: 05/30/2014

Last Buyer's Agent

Amy Gelman

Meliora Real Estate Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,285

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

HOA Fees

  • $700 per month

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • Home Office
  • Utility Room with Study Area
  • Laundry on upper level
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Galley Kitchen
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Home Security

Utilities

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

Additional Features

  • North or South Exposure
  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,285

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Property Features: Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Security System, Intercom, CO Detectors, Ceiling Fan
  • Basement: Walkout
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 16X8, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 16X8, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Galley, Pantry-Walk-in
  • Additional Rooms: 5th Bedroom, Office, Study
  • Master Bedroom: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Office, Dimensions: 11X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Study, Dimensions: 11X6, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2500
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Dimensions: 25X18, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Brick, Concrete
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: N (North), S (South), E (East), W (West)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 3+ (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Max Pet Weight: 75
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Security System, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 700
  • Management Contact Name: presiednt of board
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: self

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Lot Description: Common Grounds, Fenced Yard
  • Parcel Identification Number: 20141060321005

Multi Family

  • Total Number Unitsin Building: 5
  • Number Stories: 3

Tax Info

  • Taxes: 4200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Reeves Frederick H and Reeves Lauren D
Bought by
Blekhman Ran and Blekhman Tall
Current Estimated Value
$420,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$372,172
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$48,166

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 24, 2014
Sold by
Ellis Nathan and Yagle Mary K
Bought by
Reeves Lauren D and Reeves Frederick
Seller's Agent
Madelaine Gerbaulet-Vanasse
Meliora Real Estate Group LLC
Buyer's Agent
Amy Gelman
Meliora Real Estate Group LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%

Purchase Details

Closed on
Jul 1, 2005
Sold by
Beal Benjamin L and Beal Malia J
Bought by
Ellis Nathan and Yagle Mary K

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
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Warlick William T and Harney Amy K
Bought by
Beal Benjamin L and Beal Malia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1996
Sold by
Campbell Bruce K and Campbell Helen E
Bought by
Harvey Amy K and Warlick William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
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
Blekhman Ran $550,000 Chicago Title
Reeves Lauren D $500,000 Ctt
Ellis Nathan $558,000 Pntn
Beal Benjamin L $126,000 Chicago Title Insurance Co
Harvey Amy K $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blekhman Ran $385,000
Previous Owner Ellis Nathan $250,000
Previous Owner Beal Benjamin L $100,800
Previous Owner Harvey Amy K $97,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2014 07/28/14 Sold $500,000 -4.8% $200 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $525,000 -- $210 / 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 $6,285 $28,612 $7,769 $20,843
2023 $6,084 $33,000 $6,266 $26,734
2022 $6,084 $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 $4,689 $21,783 $4,135 $17,648
2016 $5,174 $25,834 $4,135 $21,699
2015 $4,734 $25,834 $4,135 $21,699
2014 $2,102 $13,897 $3,383 $10,514
2013 $2,049 $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: MRD08629898

Midwest Real Estate Data (MRED)

APN: 20-14-106-032-1005