NOT LISTED FOR SALE

5540 N Glenwood Ave Unit 3S Chicago, IL 60640

Andersonville Neighborhood

Estimated Value: $462,000 - $547,000

2 Beds
2 Baths
-- Sq Ft
$390/mo HOA Fee

Last Sold March 15, 2022

Last sale price $450,000

Est. 14% increase in value since last sale

Current estimated payment $3,623/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Steam Shower
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • 5-minute walk to Cochran Playlot

About This Home

As of March 2022

Beautiful tree-top penthouse unit in Andersonville! Two bedroom/two bathroom condo in small building with cathedral ceilings, new windows, exposed brick, millwork, hardwoods throughout. Open living/dining/kitchen perfect for entertaining. This kitchen is enormous for home cooks! Tons of cabinet and counter space, granite counters, stainless appliances (new Bosch dishwasher and GE refrigerator) and SPACE with breakfast bar overhang to seat guests while you work. Two great bedrooms with lots of light. Primary bathroom with separate whirlpool tub and oversized shower, large double vanity! Sun filled back deck with remote controlled awning for shade, if you prefer! Washer/dryer in unit. Exterior, gated parking space and storage included. Walk to all that Andersonville and Edgewater have to offer!

Last Agent to Sell the Property

Jennifer Johnson

Compass License #475136085 Listed on: 02/07/2022

Compass

Last Buyer's Agent

Melanie Everett

Compass License #471020093

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,119

Year Renovated

  • 2006

Lot Details

  • 7,405

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Peirce Elementary School Intl St
  • Senn High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,119

Year Renovated

2006

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Second Bedroom Flooring: Hardwood
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar,Island
  • Living Room Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Master Bedroom Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 390
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: President of Association
  • Management Phone: 123-456-7890
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Peirce Elementary School Intl St
  • High School: Senn High School
  • Middle/Junior School: Peirce Elementary School Intl St
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7118.95
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2024
Sold by
Reddy Vikram Thumma
Bought by
Vikram Thumma Reddy Revocable Trust and Reddy
Current Estimated Value
$513,311

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 21, 2022
Sold by
Starke Martin C
Bought by
Reddy Vikram
Seller's Agent
Jennifer Johnson
Compass
Buyer's Agent
Melanie Everett
Compass
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$405,000
Interest Rate
4.13%

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 8, 2022
Sold by
Starke Martin C
Bought by
Reddy Vikram
Seller's Agent
Jennifer Johnson
Compass
Buyer's Agent
Melanie Everett
Compass
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.13%

Purchase Details

Listed on
Aug 20, 2015
Closed on
Nov 4, 2015
Sold by
Andrews James V
Bought by
Starke Martin C and Shepherd Brian R
Seller's Agent
Emily Santos
@properties Christie's International Real Estate
Buyer's Agent
Jennifer Johnson
Compass
List Price
$399,900
Sold Price
$387,000
Premium/Discount to List
-$12,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$367,650
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
Amdrews James V
Bought by
Andrews James V and James V Andrews Living Trust

Purchase Details

Closed on
May 27, 2004
Sold by
Shackelton Construction Co
Bought by
Andrews James V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.4%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Vikram Thumma Reddy Revocable Trust -- None Listed On Document
Reddy Vikram $450,000 --
Reddy Vikram $450,000 --
Starke Martin C $387,000 North American Title Company
Andrews James V -- None Available
Andrews James V $389,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Vikram $405,000
Previous Owner Reddy Vikram $405,000
Previous Owner Starke Martin C $339,000
Previous Owner Starke Martin C $367,650
Previous Owner Andrews James V $246,000
Previous Owner Andrews James V $274,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $450,000 0.0% --
02/13/2022 02/13/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $450,000 +16.3% --
11/13/2015 11/13/15 Sold $387,000 -3.2% $301 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $399,900 -- $311 / 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 $6,263 $41,929 $10,692 $31,237
2023 $6,084 $33,000 $8,596 $24,404
2022 $6,084 $33,000 $8,596 $24,404
2021 $5,966 $32,999 $8,596 $24,403
2020 $7,119 $35,059 $4,942 $30,117
2019 $7,105 $38,793 $4,942 $33,851
2018 $6,984 $38,793 $4,942 $33,851
2017 $7,362 $37,574 $4,298 $33,276
2016 $7,025 $37,574 $4,298 $33,276
2015 $6,405 $37,574 $4,298 $33,276
2014 $5,915 $34,447 $3,277 $31,170
2013 $5,787 $34,447 $3,277 $31,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11319647

Midwest Real Estate Data (MRED)

APN: 14-08-101-038-1006