NOT LISTED FOR SALE

5516 W Higgins Ave Unit 2SE Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $167,000 - $204,000

1 Bed
1 Bath
900 Sq Ft
$272/mo HOA Fee

Last Sold January 19, 2024

Last sale price $142,500 $158 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,354/month

40 Days on Market

Highlights

  • Central Air
  • Dogs and Cats Allowed
  • 4-minute walk to Jefferson (Thomas) Memorial Park
  • Beaubien Elementary School Rated A-

About This Home

As of January 2024

Discover the allure of this expansive and sunlit 1-bedroom, 1-bathroom condo in the heart of Chicago's Jefferson Park neighborhood. Revel in the warmth of hardwood floors and the convenience of an inviting eat-in kitchen, complemented by an included assigned parking space. Proximity to shopping, parks, Blue Line and Metra, and the expressway (90 hwy) adds to the appeal. Low assessments cover essential amenities, including HEAT, water, and maintenance of common areas.

Last Agent to Sell the Property

German Llanos

24 Hour Real Estate LLC License #471001789 Listed on: 11/10/2023

Last Buyer's Agent

Kasey Macko

HomeSmart Connect LLC License #475184479

HomeSmart Connect LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1963

Lot Details

  • 7,492

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, lawn care, snow removal
  • 11 Units
  • Adrian Blaszkiewicz Association, Phone Number (708) 568-1474
  • Property managed by iManagement Inc.

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,542

Year Built

Built in 1963

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 149000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 272
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: iManagement Inc.
  • Management Contact Name: Adrian Blaszkiewicz
  • Management Phone: 708-568-1474
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 00

Tax Info

  • Tax Annual Amount: 1542
  • Tax Year: 2021

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 15, 2024
Sold by
Gomez Jacqueline
Bought by
Papillon Julia Paloma
Seller's Agent
German Llanos
24 Hour Real Estate LLC
Buyer's Agent
Kasey Macko
HomeSmart Connect LLC
List Price
$149,000
Sold Price
$142,500
Premium/Discount to List
-$6,500
-4.36%
Views
127
Current Estimated Value
$178,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,116
Avg. Annual Appreciation
13.86%
Original Mortgage
$135,375
Outstanding Balance
$133,028
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$45,588

Purchase Details

Closed on
Aug 29, 2002
Sold by
Garcia Miguel
Bought by
Gomez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.24%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Community Svgs Bank
Bought by
Obrien George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.75%
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
Papillon Julia Paloma $142,500 None Listed On Document
Gomez Jacqueline $116,500 --
Obrien George C $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papillon Julia Paloma $135,375
Previous Owner Gomez Jacqueline $113,000
Previous Owner Obrien George C $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $142,500 -4.4% $158 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $149,000 -- $166 / 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 $1,621 $12,465 $2,058 $10,407
2023 $1,559 $11,000 $1,659 $9,341
2022 $1,559 $11,000 $1,659 $9,341
2021 $1,542 $10,999 $1,659 $9,340
2020 $1,210 $8,535 $962 $7,573
2019 $1,213 $9,468 $962 $8,506
2018 $1,192 $9,468 $962 $8,506
2017 $457 $5,496 $862 $4,634
2016 $601 $5,496 $862 $4,634
2015 $526 $5,496 $862 $4,634
2014 $722 $6,460 $796 $5,664
2013 $697 $6,460 $796 $5,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11928389

Midwest Real Estate Data (MRED)

APN: 13-09-317-035-1011