NOT LISTED FOR SALE

5551 S Kimbark Ave Unit 14 Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $152,197 - $184,000

1 Bed
1 Bath
850 Sq Ft
$260/mo HOA Fee

Last Sold May 19, 2021

Last sale price $131,000 $154 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,344/month

21 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Storage
  • Kenwood Academy High School Rated A-
  • Galley Kitchen
  • 3-minute walk to Bixler Park

About This Home

As of May 2021

Enjoy a spacious one-bedroom condo in the middle of the University of Chicago campus. The charming courtyard smoke free building offers vintage charm and a lovely front garden. Your attitude will brighten daily as you stroll through the courtyard garden allowing you to wonder if you are still in a city. The condo itself features hardwood floors, a delightful dining area, and large windows that stream natural sunlight to every room. The second-floor home is also next to Bixler and Nichols Parks to enjoy in better weather. However the major advantage of this condo is its location and great natural light! Walk to anywhere on campus and enjoy independent living at an affordable price!

Last Agent to Sell the Property

Linda Ross

Baird & Warner License #475120945 Listed on: 02/23/2021

Baird & Warner

Last Buyer's Agent

Edgar Zelaya

eXp Realty License #475159638

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,800

Year Built

  • 1923

Lot Details

  • 0.78

HOA Fees

  • $260 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring
  • Unfinished Basement
  • English Basement

Kitchen

  • Galley Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator

Additional Features

  • East or West Exposure
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,800

Year Built

1923

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 2
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1923
  • Type Attached: Condo, Courtyard, Vintage
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1923

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Refrigerator
  • Basement: English
  • Basement: Unfinished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 10X7, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 8X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 850

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: E (East)

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Radiators

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site, Monday through Friday
  • Pet Information: Cats OK
  • Common Area Amenities: Coin Laundry, Security Door Locks, Laundry, Public Bus
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 260
  • Management Contact Name: Sara Kennedy
  • Management Phone: 773-684-5400

Fee Information

  • Management Company: Marion Realty

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 20142010791026

Multi Family

  • Total Number Unitsin Building: 62
  • Number Stories: 3

Tax Info

  • Taxes: 1289.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 23, 2021
Sold by
Mueller Jared
Bought by
Koenig Alexander Monroe
Seller's Agent
Linda Ross
Baird & Warner
Buyer's Agent
Edgar Zelaya
eXp Realty
List Price
$135,000
Sold Price
$131,000
Premium/Discount to List
-$4,000
-2.96%
Current Estimated Value
$171,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,799
Avg. Annual Appreciation
6.59%
Original Mortgage
$104,800
Outstanding Balance
$95,145
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$77,244

Purchase Details

Listed on
Jul 30, 2017
Closed on
Apr 2, 2018
Sold by
Williams Bernice J
Bought by
Mueller Jared
Seller's Agent
Peter Perlinac
Ultimate Realty Group LLC
Buyer's Agent
Linda Ross
Baird & Warner
List Price
$139,000
Sold Price
$126,000
Premium/Discount to List
-$13,000
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$119,700
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1998
Sold by
Wilhelm Kenneth George and Wilhelm Md Kenneth G
Bought by
Castle Edward W and Williams Bernice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.18%

Purchase Details

Closed on
Aug 28, 1993
Sold by
Phelan Christopher and Bloomer Elizabeth
Bought by
Wilhelm Kenneth George and Wilhelm Florence K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Koenig Alexander Monroe $131,000 First American Title
Mueller Jared $126,000 Chicago Title
Castle Edward W $60,000 --
Wilhelm Kenneth George $33,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Alexander Monroe $104,800
Previous Owner Mueller Jared $119,700
Previous Owner Williams Bernice J $48,650
Previous Owner Castle Edward W $48,000
Previous Owner Wilhelm Kenneth George $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $131,000 -3.0% $154 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $135,000 +7.1% $159 / Sq Ft
04/02/2018 04/02/18 Sold $126,000 -6.7% $148 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
12/26/2017 12/26/17 Price Changed $135,000 -1.5% $159 / Sq Ft
09/28/2017 09/28/17 Price Changed $137,000 -1.4% $161 / Sq Ft
07/30/2017 07/30/17 For Sale $139,000 -- $164 / 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 $1,800 $11,122 $2,202 $8,920
2023 $1,748 $8,500 $1,776 $6,724
2022 $1,748 $8,500 $1,776 $6,724
2021 $1,709 $8,499 $1,775 $6,724
2020 $1,313 $5,894 $1,420 $4,474
2019 $1,289 $6,418 $1,420 $4,998
2018 $1,268 $6,418 $1,420 $4,998
2017 $1,396 $6,485 $1,172 $5,313
2016 $1,299 $6,485 $1,172 $5,313
2015 $1,188 $6,485 $1,172 $5,313
2014 $1,233 $6,648 $958 $5,690
2013 $1,209 $6,648 $958 $5,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11002390

Midwest Real Estate Data (MRED)

APN: 20-14-201-079-1026