NOT LISTED FOR SALE

5556 N Sheridan Rd Unit 201 Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $399,000 - $525,000

2 Beds
2 Baths
1,415 Sq Ft
$475/mo HOA Fee

Last Sold June 17, 2016

Last sale price $274,900 $194 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,402/month

102 Days on Market

Highlights

  • Attached Garage
  • 3-minute walk to Bryn Mawr Station
  • 2-minute walk to AIDS Memorial Mediation Point
  • Kitchen Island
  • Central Air

About This Home

As of June 2016

Beautiful and sunny 2 bedroom, 2 bath condo in Edgewater Beach building! Open kitchen with island. Cozy fireplace in the living room. New carpet. Freshly painted throughout. Plenty of closet space. Parking space included! Within blocks of Lake Shore Drive and Redline. SOLD AS-IS. SUBMIT EARNEST MONEY AS CERTIFIED FUNDS. PROVIDE PROOF OF FUNDS OR PRE-APPROVAL. INFORMATION NOT GUARANTEED. TAX PRORATION 100%.AS-IS. FIRST LOOK INITIATIVE FOR OWNER OCCUPANTS ONLY THROUGH 02/25/2016

Last Agent to Sell the Property

Kirby Pearson

Pearson Realty Group License #471002409 Listed on: 01/25/2016

Pearson Realty Group

Co-Listed By

Parker Pearson

Pearson Realty Group License #475143969

Last Buyer's Agent

Maureen Murnane

@properties Christie's International Real Estate License #475129419

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,697

Year Built

  • 2005

Lot Details

  • 0.52

HOA Fees

  • $475 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Kitchen Island
  • Primary Bathroom is a Full Bathroom
  • Washer and Dryer Hookup

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,697

Year Built

2005

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2005
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2005

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit
  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X18, On Level: Main Level
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level
  • Kitchen Type: Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level
  • Estimated Sq Ft: 1415
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Glass

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 475
  • Management Contact Name: Property Manager
  • Management Phone: 312-466-8100

Fee Information

  • Management Company: THE BUILDING GROUP

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14082020231001

Multi Family

  • Total Number Unitsin Building: 39
  • Number Stories: 5

Tax Info

  • Taxes: 2990.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
May 1, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Farris Rosanne P
Seller's Agent
Kirby Pearson
Pearson Realty Group
Buyer's Agent
Maureen Murnane
@properties Christie's International Real Estate
List Price
$299,900
Sold Price
$274,900
Premium/Discount to List
-$25,000
-8.34%
Current Estimated Value
$462,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,518
Avg. Annual Appreciation
5.76%
Original Mortgage
$181,434
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Feldstein Alan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 21, 2006
Sold by
Bryn Mawr Sheridan Llc
Bought by
Feldstein Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,580
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Farris Rosanne P $275,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- Attorney
Feldstein Alan $408,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farris Rosanne P $181,434
Previous Owner Feldstein Alan $326,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $274,900 0.0% $194 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/28/2016 04/28/16 Price Changed $274,900 -8.3% $194 / Sq Ft
04/19/2016 04/19/16 For Sale $299,900 0.0% $212 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/25/2016 02/25/16 Price Changed $299,900 -7.7% $212 / Sq Ft
01/25/2016 01/25/16 For Sale $324,900 -- $230 / 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 $5,697 $34,500 $4,520 $29,980
2023 $5,515 $32,972 $3,635 $29,337
2022 $5,515 $32,972 $3,635 $29,337
2021 $2,210 $32,971 $3,635 $29,336
2020 $2,281 $27,831 $2,089 $25,742
2019 $2,274 $30,808 $2,089 $28,719
2018 $2,240 $30,808 $2,089 $28,719
2017 $3,236 $21,107 $1,816 $19,291
2016 $3,370 $21,107 $1,816 $19,291
2015 $3,868 $21,107 $1,816 $19,291
2014 $2,656 $20,121 $1,385 $18,736
2013 $2,731 $19,160 $1,385 $17,775
Source: Public Records

Agents Affiliated with this Home

  • Kirby Pearson

    Seller's Agent in 2016

    Kirby Pearson

    Pearson Realty Group

    (312) 805-0005

    1 in this area

    132 Total Sales

    Kirby Pearson
    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Parker Pearson

    Pearson Realty Group

  • Maureen Murnane

    Buyer's Agent in 2016

    Maureen Murnane

    @ Properties

    (312) 927-1661

    14 in this area

    73 Total Sales

    Maureen Murnane
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09124467

Midwest Real Estate Data (MRED)

APN: 14-08-202-023-1001

Illinois Cook County Chicago 60640 Edgewater

5556 N Sheridan Rd Unit 201, Chicago, IL

This home is located at 5556 N Sheridan Rd Unit 201, Chicago, IL 60640 since 25 January 2016 and is currently estimated at $462,418, approximately $326 per square foot. This property was built in 2005. 5556 N Sheridan Rd Unit 201 is a home located in Cook County with nearby schools including William C. Goudy Technology Academy, Senn High School, and St Thomas Of Canterbury School.

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