Seller's Agent in 2023
John Charmelo
@ Properties
(312) 560-7689
6 in this area
88 Total Sales
5550 N Wayne Ave Chicago, IL 60640
Andersonville NeighborhoodEstimated Value: $1,435,000 - $1,816,000
4
Beds
3.5
Baths
3,333
Sq Ft
$477/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- Property is near park
- Wood Flooring
- Colonial Architecture
- Vaulted Ceiling
- 3-minute walk to Cochran Playlot
About This Home
As of April 2023Beautiful Lakewood Balmoral home. Rehabbed and restored to perfection. The home is on a 32' wide lot, which allows for a much wider gracious home. This Gorgeous 4 bedroom 3.5 bath home has it all. Thoughtfully redesigned for today's lifestyle while preserving the quality craftsmanship. Upon walking up, you will see a large restored front porch, to entertain and pass the warm summer days on. Once you enter the home you will see the thoughtful nod to the homes original design with restored gorgeous woodwork in both the living room and dining room, including a beautiful coffered ceiling and built-in hutch. There are also hardwood floors thru-out. The living room area features a gas fireplace with a stunning handcrafted mantle. All windows in this area of home were replaced in 2014, with Marvin windows. The Kitchen, was completely redone and expanded in 2017. It features amazing Marvin windows for an impressive amount of natural light, custom made Woodmode cabinetry, quartz counters and a huge walk in pantry/butler pantry with more custom cabinetry and a great place for your coffee station and appliance storage. A discretely place powder room and mudroom round out this level. The upstairs features 3 large bedrooms and 2 baths. The primary suite is large, and bright with great windows, soaring vaulted ceiling with skylight, 2 walk-in closets. The bathroom was completely redone in 2015 and has double bowl vanity, water closet, separate shower and tub, heated towel bar, and skylight. The second bath was also rehabbed in 2015. The other 2 bedrooms are large and bright. The Back bedroom has a coved ceiling, and its own private rooftop deck. The lower level was recently completely redone. It offers a large recreation room, a recently refinished bathroom and large 4th bedroom. The owners created some incredible storage here along with a side by side laundry area. The yard has gorgeous landscaping, and new hardscape in both the front and backyards. The garage also has a full room above for even more storage. 2 blocks to Andersonville's Clark St with some of the city's best shopping, dining and entertainment. 2 Blocks to the L and 5 blocks to the lake.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475166223 Listed on: 03/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,227
Year Built
- Built in 1910 | Remodeled in 2017
Lot Details
- Lot Dimensions are 32x123
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Colonial Architecture
- Contemporary Architecture
- Prairie Architecture
- Tudor Architecture
- Mediterranean Architecture
- Asphalt Roof
- Stucco
Interior Spaces
- 3,333 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Historic or Period Millwork
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Replacement Windows
- Blinds
- Mud Room
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Gas Dryer Hookup
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Home Security
- Storm Screens
- Storm Doors
Outdoor Features
- Balcony
- Rooftop Deck
- Brick Porch or Patio
Location
- Property is near park
Schools
- Peirce Elementary School Intl St
- Senn Achievement Academy High Sc
Utilities
- Two cooling system units
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2023
Closed on
Apr 26, 2023
Sold by
Watson Living Trust
Bought by
Krandel Elliana and Stutesman Ryan
Seller's Agent
John Charmelo
@properties Christie's International Real Estate
Buyer's Agent
Liz Lassner
@properties Christie's International Real Estate
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Views
14
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
$190,133
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,120,000
Outstanding Balance
$1,083,571
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$506,562
Purchase Details
Closed on
Aug 21, 2020
Sold by
Watson Christopher and Zamorski Adam J
Bought by
Watson Christopher and Zamorski Adam J
Purchase Details
Closed on
Feb 25, 2014
Sold by
Bendix Jeffrey and Weisman Barbara
Bought by
Watson Christopher and Zamorski Adam J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 26, 2004
Sold by
Ford Elmer John and Ford Margaret R
Bought by
Bendix Jeffrey and Weisman Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 4, 2000
Sold by
Ford Elmer John
Bought by
Ford Elmer John and Ford Margaret R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.08%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Krandel Elliana | $1,400,000 | Chicago Title | |
| Watson Christopher | -- | Attorney | |
| Watson Christopher | $750,000 | None Available | |
| Bendix Jeffrey | $600,000 | Cti | |
| Ford Elmer John | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krandel Elliana | $1,120,000 | |
| Previous Owner | Watson Christopher | $600,000 | |
| Previous Owner | Bendix Jeffrey | $480,000 | |
| Previous Owner | Ford Elmer John | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2023 04/26/23 | Sold | $1,400,000 | +3.7% | $420 / Sq Ft |
| 03/20/2023 03/20/23 | Pending | -- | -- | -- |
| 03/16/2023 03/16/23 | For Sale | $1,350,000 | -- | $405 / 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 |
|---|---|---|---|---|
| 2025 | $18,079 | $123,000 | $40,387 | $82,613 |
| 2024 | $18,079 | $123,000 | $40,387 | $82,613 |
| 2023 | $17,602 | $89,000 | $32,472 | $56,528 |
| 2022 | $17,602 | $89,000 | $32,472 | $56,528 |
| 2021 | $17,227 | $89,000 | $32,472 | $56,528 |
| 2020 | $15,056 | $70,687 | $19,483 | $51,204 |
| 2019 | $14,917 | $77,678 | $19,483 | $58,195 |
| 2018 | $14,665 | $77,678 | $19,483 | $58,195 |
| 2017 | $14,844 | $72,332 | $17,047 | $55,285 |
| 2016 | $13,987 | $72,332 | $17,047 | $55,285 |
| 2015 | $13,255 | $72,332 | $17,047 | $55,285 |
| 2014 | $9,026 | $51,216 | $12,988 | $38,228 |
| 2013 | $8,837 | $51,216 | $12,988 | $38,228 |
Source: Public Records
Agents Affiliated with this Home
-
John Charmelo
-
Liz Lassner
Buyer's Agent in 2023
Liz Lassner
@ Properties
(773) 343-1403
6 in this area
102 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11738742
APN: 14-08-103-023-0000
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