Seller's Agent in 2022
Margie Smigel
The Margie Smigel Group, LLC
(312) 953-1466
24 in this area
75 Total Sales
5525 S Cornell Ave Unit 2 Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $369,000 - $463,000
4
Beds
2
Baths
2,000
Sq Ft
$538/mo
HOA Fee
Highlights
- Landscaped Professionally
- Mature Trees
- Wood Flooring
- Kenwood Academy High School Rated A-
- Deck
- 2-minute walk to Cornell Park
About This Home
As of August 2022Beautiful condo on the quietest block in East Hyde Park. It's one-way north from 56th St, so there is hardly any traffic. Close to the Lake, the University of Chicago, the Museum of Science and Industry, the METRA station, the Hyde Park Shopping Center (with Trader Joes, Walgreens and lovely restaurants and shops) and the express bus to the Loop; it's a perfect location. The living room has original woodwork, a decorative fireplace flanked by bookshelves, beamed ceiling with recessed lights and a door to the front porch overlooking Cornell. A bedroom opens from the living room through an original massive sliding pocket door. It has floor to ceiling bookshelves spanning an entire wall and has customarily been used as a study/library. It would also be perfect as an extra bedroom. All of the windows facing the street are original for historic uniformity, but the rest of the windows in the unit have been replaced with double-paned windows. There is a gracious double foyer with a deep coat closet. The long (37'3) hallway has a window and recessed light and leads to 2 more bedrooms and a full tiled bathroom with a charming footed tub with shower and wand attachments. It has a built-in floor to ceiling cabinet with drawers below. The bathroom also has a medicine cabinet and extra room for a cabinet or an easy chair. The dining room at the end of the hallway has the original ceiling beams and room to sit around the longest of tables. The kitchen has a butler's pantry with a built-in cabinet with glass fronted doors and drawers below the wood counter. The kitchen has maple cabinets, black granite countertops, a double bowl stainless steel sink, a professional 6 burner U.S. Range with an oven big enough for 2 turkeys. The refrigerator/freezer is a GE Monogram. The Electrolux washer and dryer are 2 years old and the dishwasher was replaced this year. The 4 A/C units were replaced in the past few years. The fourth bedroom is off the kitchen with its own ensuite bath. Gleaming hardwood floors extend throughout the condo. A custom door leads out to the spacious private back porch. There is parking out back for 1 car. The location is deemed a walker and biker's paradise. Imagine being able to access the lakefront bike path each morning in just minutes. An exceptional property in an exceptional location
Last Agent to Sell the Property
The Margie Smigel Group, LLC License #471000008 Listed on: 05/29/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,698
Year Built
- Built in 1904 | Remodeled in 2010
Lot Details
- End Unit
- Partially Fenced Property
- Landscaped Professionally
- Mature Trees
HOA Fees
- $538 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,000 Sq Ft Home
- 3-Story Property
- Built-In Features
- Bookcases
- Beamed Ceilings
- Decorative Fireplace
- Double Pane Windows
- Window Screens
- Sliding Doors
- Mud Room
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Gallery
- Wood Flooring
Kitchen
- Gas Oven
- Gas Cooktop
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Laundry in Kitchen
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Basement Storage
Home Security
Parking
- 1 Parking Space
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
- Deck
- Porch
Schools
- Bret Harte Elementary School
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 6 Units
- President Of Association, Phone Number (312) 111-1111
- Low-Rise Condominium
Amenities
- Common Area
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2024
Sold by
Kulma Michael and Kulma Luella
Bought by
Michael G Kulma And Luella Adan Living Trust and Kulma
Current Estimated Value
Purchase Details
Listed on
May 29, 2022
Closed on
Jul 21, 2022
Sold by
Franco Claudio Ugalde and Franco Yolanda Xochiti
Bought by
Kulma Michael and Kulma Adan Luella
Seller's Agent
Margie Smigel
The Margie Smigel Group, LLC
Buyer's Agent
Andrew Cellucci
Fulton Grace Realty
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$315,000
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2014
Closed on
Jun 24, 2014
Sold by
Gnedin Nickolay and Gnedin Marianna
Bought by
Franco Claudio Ugalde and Garcia Yolana Xochitt Bada
Seller's Agent
Stephen Parker
MetroPro Realty LLC
Buyer's Agent
Margie Smigel
The Margie Smigel Group, LLC
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$294,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2005
Sold by
Duncan Stephen R and Payne Clayton A
Bought by
Gnedin Nickolay and Gnedin Marianna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 25, 2003
Sold by
Rutana Joan Marie
Bought by
Duncan Stephen R and Payne Clayton A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 14, 1997
Sold by
Rhum Michael Raphael
Bought by
Rutana Joan Marie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michael G Kulma And Luella Adan Living Trust | -- | None Listed On Document | |
| Kulma Michael | $420,000 | Fidelity National Title | |
| Franco Claudio Ugalde | $310,000 | Chicago Title Insurance Co | |
| Gnedin Nickolay | $383,000 | Multiple | |
| Duncan Stephen R | $305,000 | Cti | |
| Rutana Joan Marie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kulma Michael | $315,000 | |
| Previous Owner | Franco Claudio Ugalde | $70,000 | |
| Previous Owner | Franco Claudio Ugalde | $279,000 | |
| Previous Owner | Franco Claudio Ugalde | $294,500 | |
| Previous Owner | Gnedin Nickolay | $306,000 | |
| Previous Owner | Duncan Stephen R | $244,000 | |
| Previous Owner | Rutana Joan Marie | $116,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2022 08/08/22 | Sold | $420,000 | -1.2% | $210 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 05/29/2022 05/29/22 | For Sale | $425,000 | 0.0% | $213 / Sq Ft |
| 06/15/2019 06/15/19 | Rented | $2,900 | 0.0% | -- |
| 06/12/2019 06/12/19 | Under Contract | -- | -- | -- |
| 05/23/2019 05/23/19 | For Rent | $2,900 | 0.0% | -- |
| 06/24/2014 06/24/14 | Sold | $310,000 | -6.1% | $155 / Sq Ft |
| 04/21/2014 04/21/14 | Pending | -- | -- | -- |
| 03/23/2014 03/23/14 | For Sale | $330,000 | -- | $165 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,776 | $42,350 | $8,547 | $33,803 |
| 2023 | $5,878 | $32,001 | $6,893 | $25,108 |
| 2022 | $5,878 | $32,001 | $6,893 | $25,108 |
| 2021 | $5,765 | $31,999 | $6,892 | $25,107 |
| 2020 | $5,698 | $28,680 | $5,514 | $23,166 |
| 2019 | $5,586 | $31,232 | $5,514 | $25,718 |
| 2018 | $5,491 | $31,232 | $5,514 | $25,718 |
| 2017 | $6,028 | $31,377 | $4,549 | $26,828 |
| 2016 | $6,284 | $31,377 | $4,549 | $26,828 |
| 2015 | $5,750 | $31,377 | $4,549 | $26,828 |
| 2014 | $5,737 | $33,490 | $3,721 | $29,769 |
| 2013 | $5,613 | $33,490 | $3,721 | $29,769 |
Source: Public Records
Agents Affiliated with this Home
-
Margie Smigel
-
Andrew Cellucci
Buyer's Agent in 2022
Andrew Cellucci
Fulton Grace
(630) 335-1155
2 in this area
77 Total Sales
-
S
Seller's Agent in 2014
Stephen Parker
MetroPro Realty LLC
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11418696
APN: 20-13-101-021-1008
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