$475,000
SOLD AUG 19, 2022

5547 S Dorchester Ave Unit 1 Chicago, IL 60637

Hyde Park Neighborhood
3 Beds
2 Baths
1,700 Sq Ft
$450/mo HOA Fee

Recently Sold

$279 Per Sq Ft

3% Below List Price

59 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • Living Room
  • Kenwood Academy High School Rated A-
  • Granite Countertops
  • 4-minute walk to Bixler Park

About This Home

As of July 2024

Bright & Spacious Completely Remodeled Hyde Park 3 Bedroom/2 Bath Condo On Quiet Street. Largest Unit In Building And The Only Unit With GFA Heat And Central Air. Beautifully Remodeled Kitchen With Marble Counter Tops, Wine Bar, Custom Back Splash & Whirlpool SS Appliances. Luxurious Master Bath With Ivory Marble Tile, Double Sink, Whirlpool Tub, Full Glass Shower & LED Mirrors. Cherry Hardwood Floors Throughout, Crown Molding, Double Pane Windows, Front Loading In Unit Washer/Dryer, Cable/Internet In Every Bedroom, ADT Security System, Large Back Deck Off Kitchen Overlooking Beautiful Shared Back Yard. Floor To Ceiling Storage Locker In Basement. Pet Friendly Building With No Weight Limits. Located Within Ray School District! Amazing Hyde Park Location On University Of Chicago Campus, Close To Lab School, Restaurants, Shopping, Metra Station & Buses. Walking Distance To The Lake, Bike Path, Museum Of Science And Industry And Revitalized Jackson Park.

Last Agent to Sell the Property

Yizhe Zhang

Kale Realty License #475190561 Listed on: 04/01/2022

Kale Realty

Last Buyer's Agent

Mabél Guzmán

Coldwell Banker Realty License #475143088

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,961

Year Built

  • Built in 1899 | Remodeled in 2016

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Ray Elementary School

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Ben Lichtenstein Association, Phone Number (773) 580-7576
  • Property managed by self management

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,961

Year Built

Built in 1899 | Remodeled in 2016

Lot Details

0

HOA Fees

$450 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: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: L
  • Rehab Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Bookcases, Granite Counters
  • LivingArea: 1700
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 489000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: self management
  • Management Contact Name: Ben Lichtenstein
  • Management Phone: 773-580-7576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ray Elementary School
  • Middle/Junior School District: 130

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4961
  • Tax Year: 2020

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 18, 2024
Sold by
Musisi Daniel S and Yocum-Musisi Katherine E
Bought by
Huttenlocher Tessa Dorothy
Seller's Agent
Mabél Guzmán
Coldwell Banker Realty
Buyer's Agent
Marie Levesque
Compass
List Price
$485,000
Sold Price
$479,250
Premium/Discount to List
-$5,750
-1.19%
Views
31
Current Estimated Value
$476,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,936
Avg. Annual Appreciation
-0.61%
Original Mortgage
$475,200
Outstanding Balance
$471,988
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,326

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jul 28, 2022
Sold by
Fitzgerald John Matthew and Fitzgerald Yizhe
Bought by
Yocum-Musisi Katherine E and Musisi Daniel S
Seller's Agent
Yizhe Zhang
Kale Realty
Buyer's Agent
Mabél Guzmán
Coldwell Banker Realty
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$380,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2019
Closed on
Sep 20, 2019
Sold by
Li Yinyin and Huang Wujie
Bought by
Fitzgerald John Matthew and Zhang Yizhe
Seller's Agent
Mike Frank
Keller Williams Preferred Realty
Buyer's Agent
Mike Frank
Keller Williams Preferred Realty
List Price
$445,000
Sold Price
$401,000
Premium/Discount to List
-$44,000
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$240,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2018
Sold by
Li Yinyin and Li Yin
Bought by
Li Yinyin and Huang Wujie

Purchase Details

Listed on
Sep 27, 2013
Closed on
Oct 22, 2013
Sold by
Rice Frances H
Bought by
Li Yin Yin
Seller's Agent
Jinhong Wang
ALTOGETHER REALTY
Buyer's Agent
Jinhong Wang
ALTOGETHER REALTY
List Price
$109,000
Sold Price
$80,000
Premium/Discount to List
-$29,000
-26.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Jan 9, 2011
Sold by
Rice Frances H
Bought by
Rice Frances H
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $479,500 Chicago Title
Warranty Deed $475,000 Chicago Title
Warranty Deed $401,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $80,000 Pntn
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,200 Credit Line Revolving
Previous Owner $380,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $240,600 New Conventional
Previous Owner $235,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $479,250 0.0% $320 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $479,250 -1.2% $320 / Sq Ft
05/09/2024 05/09/24 For Sale $485,000 0.0% $323 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $485,000 +2.1% $323 / Sq Ft
08/19/2022 08/19/22 Sold $475,000 -2.9% $279 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $489,000 +21.9% $288 / Sq Ft
09/23/2019 09/23/19 Sold $401,000 -5.6% $236 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $425,000 -4.5% $250 / Sq Ft
06/09/2019 06/09/19 For Sale $445,000 +456.3% $262 / Sq Ft
10/22/2013 10/22/13 Sold $80,000 -26.6% $47 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $109,000 -- $64 / 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 $6,987 $37,020 $6,588 $30,432
2023 $6,787 $33,001 $5,313 $27,688
2022 $6,787 $33,001 $5,313 $27,688
2021 $6,636 $32,999 $5,312 $27,687
2020 $4,961 $22,271 $4,250 $18,021
2019 $4,184 $24,253 $4,250 $20,003
2018 $4,112 $24,253 $4,250 $20,003
2017 $4,019 $18,668 $3,506 $15,162
2016 $3,739 $18,668 $3,506 $15,162
2015 $3,421 $18,668 $3,506 $15,162
2014 $3,167 $17,072 $2,868 $14,204
2013 $3,105 $17,072 $2,868 $14,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11362866

Midwest Real Estate Data (MRED)

APN: 20-14-203-045-1001