$80,000
SOLD OCT 22, 2013

5547 S Dorchester Ave Unit 1 Chicago, IL 60637

Hyde Park Neighborhood
3 Beds
1 Bath
1,700 Sq Ft
$550/mo HOA Fee

Recently Sold

$47 Per Sq Ft

27% Below List Price

1 Day on Market

Highlights

  • Hot Water Heating System
  • Senior Freeze Tax Exemptions
  • 4-minute walk to Bixler Park
  • Kenwood Academy High School Rated A-

About This Home

As of July 2024

Central location. Large space. Needs gut rehab. Cash buyer needed due to condition. Ray school district. Close to everything. Buyer is responsible for room sizes. Property tax is at senior freeze. Smart investment!

Last Agent to Sell the Property

Jinhong Wang

ALTOGETHER REALTY License #471019579 Listed on: 09/27/2013

Last Buyer's Agent

Jinhong Wang

ALTOGETHER REALTY License #471019579 Listed on: 09/27/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,987

Year Built

  • 1899

HOA Fees

  • $550 per month

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,987

Year Built

1899

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1899
  • Tax Exemptions: Senior Freeze
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1899

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X8, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 9X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1700
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance
  • Assessment Association Fees: 550

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20142030451001

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 1200

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: MRD08455538

Midwest Real Estate Data (MRED)

APN: 20-14-203-045-1001