J
Seller's Agent in 2024
Jerzy Mastalerczyk
Compass
Cumberland Crossing 5555 N Cumberland Ave Unit 702 Chicago, IL 60656
O'Hare NeighborhoodEstimated Value: $383,000 - $433,000
2
Beds
2
Baths
1,400
Sq Ft
$392/mo
HOA Fee
Highlights
- Open Floorplan
- Lock-and-Leave Community
- Stainless Steel Appliances
- Taft High School Rated A-
- Main Floor Bedroom
- Balcony
About This Home
As of September 2024Welcome to the epitome of urban sophistication at 5555 North Cumberland Av, Unit 702 on Chicago's northwest side! This elegant high-rise residence offers a refined living experience in a prime location. Step into this meticulously designed and renovated unit, where modern art designs seamlessly blend with the timeless elegance of an updated white kitchen and updated bathrooms featuring luxurious rain showers. The high-end appliances elevate the culinary experience, while the in-unit laundry adds convenience to daily living. Polished concrete flooring provide ultra clean and durable modern experience. The spacious balcony beckons with breathtaking views, offering a private retreat to unwind and entertain. With a secure lobby and parking, tranquility and peace of mind are effortlessly achieved. The building's amenities include an elevator, garage, private secure storage, voice intercom, and a security system, ensuring comfort and convenience at every turn. Situated in an unbeatable location, this residence is a stone's throw away from shopping, Mariano's, Starbucks, Bar Louie, the famous Fashion Outlets, Fogo De Chao, Gibson's steak house, AMC Theater, iFly indoor skydiving, La Fitness, the L (Blue Line Cumberland stop), a bus stop, O'Hare International Airport, and the 90 Expressway, providing unparalleled access to the best of the city. Experience the pinnacle of urban living in this exquisite unit, where every detail has been thoughtfully curated for the discerning individual. Don't miss the opportunity to make this sophisticated retreat your own. Schedule a showing today and elevate your lifestyle to new heights.
Last Agent to Sell the Property
Jerzy Mastalerczyk
Compass License #475171335 Listed on: 05/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,464
Year Built
- Built in 2000 | Remodeled in 2021
Lot Details
- 1.32
HOA Fees
- $392 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Slab Foundation
- Flexicore
Interior Spaces
- 1,400 Sq Ft Home
- Open Floorplan
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Roll-in Shower
- Accessibility Features
Outdoor Features
Schools
- Dirksen Elementary School
- Taft High School
Utilities
- Forced Air Heating and Cooling System
- Radiant Heating System
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 90 Units
- Manager Association, Phone Number (847) 490-3833
- High-Rise Condominium
- Property managed by Associated Chicagoland
- Lock-and-Leave Community
- 9-Story Property
Amenities
- Community Storage Space
- Elevator
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Sep 10, 2024
Sold by
Lavalle Linda A
Bought by
Dimo Aldion
Seller's Agent
Jerzy Mastalerczyk
Compass
Buyer's Agent
Kris Maranda
@properties Christie's International Real Estate
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%
Views
51
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
$3,772
Avg. Annual Appreciation
0.83%
Original Mortgage
$320,000
Outstanding Balance
$316,743
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$92,029
Purchase Details
Closed on
Feb 23, 2000
Sold by
Cumberland Development Llc
Bought by
Lavalle Linda A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8.43%
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 |
|---|---|---|---|
| Dimo Aldion | $405,000 | Citywide Title | |
| Lavalle Linda A | $222,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dimo Aldion | $320,000 | |
| Previous Owner | Lavalle Linda A | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2024 09/10/24 | Sold | $405,000 | -5.6% | $289 / Sq Ft |
| 07/12/2024 07/12/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $429,000 | -- | $306 / 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 |
|---|---|---|---|---|
| 2024 | $3,593 | $26,499 | $1,562 | $24,937 |
| 2023 | $3,464 | $23,000 | $1,250 | $21,750 |
| 2022 | $3,464 | $23,000 | $1,250 | $21,750 |
| 2021 | $3,419 | $22,999 | $1,249 | $21,750 |
| 2020 | $3,161 | $19,772 | $781 | $18,991 |
| 2019 | $3,169 | $21,944 | $781 | $21,163 |
| 2018 | $3,113 | $21,944 | $781 | $21,163 |
| 2017 | $2,057 | $17,354 | $687 | $16,667 |
| 2016 | $2,451 | $17,354 | $687 | $16,667 |
| 2015 | $2,356 | $17,354 | $687 | $16,667 |
| 2014 | $2,375 | $15,367 | $656 | $14,711 |
| 2013 | $2,317 | $15,367 | $656 | $14,711 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kris Maranda
Buyer's Agent in 2024
Kris Maranda
@ Properties
(630) 699-2211
2 in this area
249 Total Sales
About Cumberland Crossing
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12063823
APN: 12-11-200-031-1054
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