NOT LISTED FOR SALE

5553 N Olcott Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $414,000 - $528,000

3 Beds
2 Baths
1,100 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $425,000 $386 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,992/month

11 Days on Market

Highlights

  • Property is near park
  • Forced Air Heating and Cooling System
  • 5-minute walk to Oriole Park
  • 2 Car Detached Garage

About This Home

As of June 2021

Beautifully updated Georgian with an open floor plan perfect for entertaining. The perfect example of "move-in ready". A 2019 rehab, with hardwood floors throughout, along with newer windows. Updated electric, plumbing, and a newer roof. Bring the whole family, there's 3 bedrooms and 2 full baths! A full finished basement with a bar. There's a side driveway leading to the 2.5 car garage A big backyard including a cozy brick patio. There's more than enough room to bring all your friends and show off your new home! Just steps away from the gigantic Oriole Park. Quick access to the interstate and Blue Line. Oriole Park school district. LOCATION is the name of the game. Don't let this Beauty slip through your hands. Come see it today!!!

Last Agent to Sell the Property

Curtis Castronova

Baird & Warner License #475182812 Listed on: 04/14/2021

Co-Listed By

Nicholas Castronova

Baird & Warner License #475188297

Last Buyer's Agent

Philip Schwartz

@properties Christie's International Real Estate License #475113640

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1943 | Remodeled in 2019

Lot Details

  • 4,944 Sq Ft Lot
  • Lot Dimensions are 40x125

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,234

Year Built

Built in 1943 | Remodeled in 2019

Lot Details

4,944 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1943
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.1135
  • Lot Dimensions: 40X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5233.51
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 7, 2021
Sold by
Bayly Elizabeth and Oconnor Brett
Bought by
March Maria and Akin William
Seller's Agent
Curtis Castronova
Baird & Warner
Buyer's Agent
Philip Schwartz
@properties Christie's International Real Estate
List Price
$434,900
Sold Price
$425,000
Premium/Discount to List
-$9,900
-2.28%
Current Estimated Value
$457,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,961
Avg. Annual Appreciation
1.57%
Original Mortgage
$361,250
Outstanding Balance
$324,760
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$133,201

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 7, 2019
Sold by
Murphy Jaime C and Murphy Brian D
Bought by
Bayly Elizabeth
Seller's Agent
Michael Harczak
Coldwell Banker Realty
Buyer's Agent
Daniel Collins
@properties Christies International Real Estate
List Price
$358,900
Sold Price
$339,000
Premium/Discount to List
-$19,900
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$322,050
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Murphy Jaime C and Murphy Brian D
Bought by
Murphy Jaime C

Purchase Details

Closed on
Apr 9, 2009
Sold by
Komendant Pudi Teresa
Bought by
Kubiak Jaime C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,893
Interest Rate
5.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
March Maria $425,000 Chicago Title
Bayly Elizabeth $339,000 Old Republic Title
Murphy Jaime C -- None Available
Kubiak Jaime C $257,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open March Maria $361,250
Previous Owner Bayly Elizabeth $322,050
Previous Owner Kubiak Jaime C $240,893
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2021 06/09/21 Sold $425,000 +1.2% $386 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $419,800 -3.5% $382 / Sq Ft
04/14/2021 04/14/21 For Sale $434,900 +28.3% $395 / Sq Ft
05/09/2019 05/09/19 Sold $339,000 -3.1% $301 / Sq Ft View Prior Sale
04/03/2019 04/03/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $350,000 -2.5% $311 / Sq Ft
03/12/2019 03/12/19 For Sale $358,900 -- $318 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,541 $35,001 $12,363 $22,638
2024 $6,541 $35,001 $12,363 $22,638
2023 $6,376 $31,000 $9,890 $21,110
2022 $6,376 $31,000 $9,890 $21,110
2021 $6,234 $31,000 $9,890 $21,110
2020 $5,976 $26,825 $6,181 $20,644
2019 $5,234 $29,478 $6,181 $23,297
2018 $5,144 $29,478 $6,181 $23,297
2017 $4,820 $25,764 $5,439 $20,325
2016 $4,660 $25,764 $5,439 $20,325
2015 $4,489 $27,120 $5,439 $21,681
2014 $4,006 $24,159 $4,945 $19,214
2013 $3,916 $24,159 $4,945 $19,214
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Curtis Castronova

    Baird & Warner

    (773) 250-0400

    6 in this area

    55 Total Sales

    Curtis Castronova
    Section Image
  • Nicholas Castronova

    Seller Co-Listing Agent in 2021

    Nicholas Castronova

    Baird & Warner

    (773) 749-2091

    3 in this area

    20 Total Sales

    Nicholas Castronova
    Section Image
  • Philip Schwartz

    Buyer's Agent in 2021

    Philip Schwartz

    @ Properties

    (773) 677-2967

    5 in this area

    125 Total Sales

    Philip Schwartz
    Section Image
  • Michael Harczak

    Seller's Agent in 2019

    Michael Harczak

    Coldwell Banker Realty

    (708) 917-0751

    7 in this area

    71 Total Sales

    Michael Harczak
    Section Image
  • Daniel Collins

    Buyer's Agent in 2019

    Daniel Collins

    @properties Christies International Real Estate

    (773) 580-7743

    26 in this area

    137 Total Sales

    Daniel Collins
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11053710

Midwest Real Estate Data (MRED)

APN: 12-12-223-007-0000

Illinois Cook County Chicago 60656 Norwood Park

5553 N Olcott Ave, Chicago, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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