Seller's Agent in 2024
Lori Swanson
Keller Williams Infinity
(630) 945-0247
1 in this area
12 Total Sales
5534 S Dorchester Ave Unit 2 Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $230,000 - $252,400
2
Beds
1
Bath
1,180
Sq Ft
$553/mo
HOA Fee
Highlights
- Wood Flooring
- Heated Sun or Florida Room
- Soaking Tub
- Kenwood Academy High School Rated A-
- Formal Dining Room
- 3-minute walk to Bixler Park
About This Home
As of May 2024Natural light-filled spacious 2 bedroom, 1 bathroom second floor condo located in the heart of Hyde Park! Conveniently situated on a charming tree-lined street near the University of Chicago campus and downtown Hyde Park. The welcoming entry foyer is the center of the home. Turn to the right into the spacious living room that features a cozy gas fireplace with built-in shelving on either side. Continue into a cozy 4-season sunroom that brings in natural sunlight from the north, south, and east exposures. Ideal for an office space or sitting area. The sunroom has French doors that open into the master bedroom. The master has a convenient walk-in closet and door into the hallway that leads to the full bathroom and second bedroom. The hallway enters back into the foyer that leads to the dining room at the other end of the long foyer. The dining room features a wall of large windows with plenty of room for a large dining table and chairs, perfect for entertaining. The dining room leads into the kitchen with enough room for a small dinette. The condo features hardwood floors throughout and ceiling fans in the dining room and master bedroom. Monthly assessment includes heat, water, trash removal from rear porch, common areas maintenance and landscaping, free laundry and additional storage in the common area street level. The HOA owns four garage parking spaces available to owners via waitlist. Free street parking. Small 9-unit condo association. Cats allowed, no dogs. Walking distance to University of Chicago campus, restaurants, shops, and transportation. Owner-occupants only, no rentals allowed. Jump on this wonderful opportunity in Hyde Park and make this condo your own!
Last Agent to Sell the Property
Keller Williams Infinity License #475204993 Listed on: 03/01/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475168553
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,185
Year Built
- Built in 1916
Lot Details
- 8,451
HOA Fees
- $553 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,180 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Formal Dining Room
- Heated Sun or Florida Room
- Wood Flooring
- Intercom
Kitchen
- Gas Cooktop
- Range Hood
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 1 Full Bathroom
- Soaking Tub
Utilities
- One Cooling System Mounted To A Wall/Window
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, insurance, exterior maintenance, lawn care, snow removal
- 9 Units
- Joan Boman Association, Phone Number (773) 684-5400
- Low-Rise Condominium
- Property managed by Marian Realty
Amenities
- Common Area
- Laundry Facilities
- Community Storage Space
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 15, 2024
Sold by
Cheaks Joanna S and Cheaks William H
Bought by
Sarchio Jenna F
Seller's Agent
Lori Swanson
Keller Williams Infinity
Buyer's Agent
Rosa Sanchez-Fryer
@properties Christie's International Real Estate
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,350
Avg. Annual Appreciation
7.00%
Original Mortgage
$176,000
Outstanding Balance
$173,370
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$69,980
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 |
|---|---|---|---|
| Sarchio Jenna F | $220,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sarchio Jenna F | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $220,000 | -3.9% | $186 / Sq Ft |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 03/13/2024 03/13/24 | Price Changed | $229,000 | -4.6% | $194 / Sq Ft |
| 03/01/2024 03/01/24 | For Sale | $240,000 | -- | $203 / 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 | $3,319 | $24,384 | $5,666 | $18,718 |
| 2023 | $3,185 | $21,644 | $4,570 | $17,074 |
| 2022 | $3,185 | $21,644 | $4,570 | $17,074 |
| 2021 | $2,957 | $21,642 | $4,569 | $17,073 |
| 2020 | $2,913 | $19,283 | $3,655 | $15,628 |
| 2019 | $2,841 | $20,999 | $3,655 | $17,344 |
| 2018 | $2,791 | $20,999 | $3,655 | $17,344 |
| 2017 | $3,132 | $21,800 | $3,015 | $18,785 |
| 2016 | $3,509 | $21,800 | $3,015 | $18,785 |
| 2015 | $3,171 | $21,800 | $3,015 | $18,785 |
| 2014 | $2,484 | $17,790 | $2,467 | $15,323 |
| 2013 | $2,416 | $17,790 | $2,467 | $15,323 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Swanson
-
Rosa Sanchez-Fryer
Buyer's Agent in 2024
Rosa Sanchez-Fryer
@ Properties
(312) 506-0480
39 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11968700
APN: 20-14-202-075-1008
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