$360,000
SOLD SEP 24, 2024

5547 S Dorchester Ave Unit 3 Chicago, IL 60637

Hyde Park Neighborhood
3 Beds
1 Bath
-- Sq Ft
$500/mo HOA Fee

Recently Sold

16% Below List Price

15 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Breakfast Bar
  • Kenwood Academy High School Rated A-
  • Walk-In Closet
  • 4-minute walk to Bixler Park

About This Home

As of September 2024

Gorgeous new home on tree-lined Dorchester just a walk from the University of Chicago campus. New Kitchen, bathroom and lighting throughout the home. New hardwood floors, newly designed closets with high quality organizer systems and new windows. Smart and spacious floor plan with oversized sun-filled rooms showcasing daily sunrises and sets. This Penthouse sits on top of tress on both the east and the west side of the home with a large yard for play and a private room-size balcony for dreamy summer days and relaxing nights. Truly a treat! Note - if you need an extra bath its easy breezy to install as the floor plan allows for an additional bath but current owner did not need. Central air is also an easy addition at aprox $12k for a space pak with AC unit on roof. Home is priced accordingly at $50k under last sale which closed days ago at $479,000.

Last Agent to Sell the Property

Kimberly Chase-Harding

Berkshire Hathaway HomeServices Chicago License #471007476 Listed on: 07/23/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,084

Year Built

  • Built in 1899 | Remodeled in 2024

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Formal Dining Room
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include heat, water, insurance
  • 6 Units
  • Jie Qi Association, Phone Number (312) 893-7132

Pet Policy

  • Pets up to 150 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,084

Year Built

Built in 1899 | Remodeled in 2024

Lot Details

0

HOA Fees

$500 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: 3
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Walkout
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Room Type: Eating Area, Walk In Closet, Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 429900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Jie-Qi
  • Management Phone: 312-893-7132
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 6083.8
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 23, 2024
Sold by
Lichtenstein Benjamin
Bought by
Mambelli Marco and Konova Joana
Seller's Agent
Kimberly Chase-Harding
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Non Member
NON MEMBER
List Price
$429,900
Sold Price
$360,000
Premium/Discount to List
-$69,900
-16.26%
Views
15
Current Estimated Value
$366,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,695
Avg. Annual Appreciation
2.55%
Original Mortgage
$270,000
Outstanding Balance
$266,400
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$102,049

Purchase Details

Closed on
Apr 21, 2008
Sold by
Nicolae Dan L and Nicolae Raluca I
Bought by
Lichtenstein Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2000
Sold by
Hochstrasser Mark and Hochstrasser Robin L
Bought by
Nicolae Dan L and Nicolae Raluca I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
8.55%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $375,000 Doma Title Insurance Inc
Warranty Deed $260,000 Chicago Title Insurance Co
Warranty Deed $166,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Previous Owner $115,000 New Conventional
Previous Owner $157,000 Credit Line Revolving
Previous Owner $93,000 Credit Line Revolving
Previous Owner $95,000 New Conventional
Previous Owner $208,000 Unknown
Previous Owner $117,800 Unknown
Previous Owner $124,000 Unknown
Previous Owner $124,500 No Value Available
Closed $33,180 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $360,000 -16.3% --
08/09/2024 08/09/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $429,900 -- --
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 $6,285 $37,020 $6,588 $30,432
2023 $6,084 $33,001 $5,313 $27,688
2022 $6,084 $33,001 $5,313 $27,688
2021 $5,966 $32,999 $5,312 $27,687
2020 $4,270 $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 $3,292 $18,668 $3,506 $15,162
2016 $3,239 $18,668 $3,506 $15,162
2015 $2,940 $18,668 $3,506 $15,162
2014 $2,691 $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: 12119448

Midwest Real Estate Data (MRED)

APN: 20-14-203-045-1003