NOT LISTED FOR SALE

5556 N Sheridan Rd Unit 509 Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $429,000 - $490,000

2 Beds
2 Baths
1,483 Sq Ft
$440/mo HOA Fee

Last Sold November 24, 2020

Last sale price $381,000 $257 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,382/month

27 Days on Market

Highlights

  • Landscaped Professionally
  • 3-minute walk to Bryn Mawr Station
  • Walk-In Pantry
  • Wood Flooring
  • Solid Surface Countertops
  • 2-minute walk to AIDS Memorial Mediation Point

About This Home

As of November 2020

Stunning 1500 square ft 2BD/2BA in Bryn Mawr Historic District. Award Winning elevator building close to the beach, restaurants, and shops! One of the larger 2 BD condos in the building located on the quiet side. Luxury kitchen featuring cherry cabinets, quartz countertops, breakfast bar that opens to separate dining area. Large living room with a beautifully redone fireplace. Enormous master bedroom with walk in closet. Spa like master en suite bath with large tub, separate shower, and double vanity. Refinished hardwood floors and new carpet in the bedrooms. In unit washer/dryer. Low assessments include Heat and gas. Nice private balcony off the living room with new Trex decking. Huge common sun deck off the second floor. 1 garage parking is included in the price and a second space is available at another $25,000.

Last Agent to Sell the Property

Antonio Giamberduca

Baird & Warner Listed on: 09/12/2020

Baird & Warner

Last Buyer's Agent

David Zwarycz

@properties Christie's International Real Estate License #475151345

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,792

Year Built | Renovated

  • 2005 | 2018

Lot Details

  • Southern Exposure
  • Landscaped Professionally

HOA Fees

  • $440 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Shared Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,792

Year Built | Renovated

2005 | 2018

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 5
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2005
  • Type Attached: Condo, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 2005
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 24X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, Intercom, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 05X03, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet, SolidSurfaceCounter
  • Additional Rooms: Balcony, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 24X18, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 12X05, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Balcony, Dimensions: 16X05, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Walk in Closet, Dimensions: 12X08, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1483
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Glass
  • Exterior Property Features: Balcony, Storms/Screens
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Shared
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Indv Controls

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Sundeck
  • Assessment Includes: Heat, Water, Gas, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 440
  • Management Contact Name: Geoffrey Gross
  • Management Phone: 773-572-0880

Fee Information

  • Management Company: Westward Managament

Schools

  • School District: 299
  • Elementary School: Goudy Elementary School
  • Middle School: Goudy Elementary School
  • High School: Senn High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Landscaped Professionally
  • Parcel Identification Number: 14082020231036

Multi Family

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

Tax Info

  • Taxes: 7009.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Nov 20, 2020
Sold by
Colbert Jacob
Bought by
Shields David D
Seller's Agent
Antonio Giamberduca
Baird & Warner
Buyer's Agent
David Zwarycz
@properties Christie's International Real Estate
List Price
$399,900
Sold Price
$381,000
Premium/Discount to List
-$18,900
-4.73%
Current Estimated Value
$463,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,955
Avg. Annual Appreciation
4.15%
Original Mortgage
$304,800
Outstanding Balance
$271,570
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$192,385

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 29, 2016
Sold by
Buchanan Curtis R
Bought by
Colbert Jacob
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Antonio Giamberduca
Baird & Warner
List Price
$349,500
Sold Price
$375,000
Premium/Discount to List
$25,500
7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%
Original Mortgage
$337,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2007
Sold by
Stolarczyk Nick
Bought by
Buchanan Curtis R

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
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Bryn Mawr Sheridan Llc
Bought by
Stolarczyk Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shields David D $381,000 Attorneys Ttl Guaranty Fund
Colbert Jacob $375,000 Attorney
Buchanan Curtis R $425,000 Cst
Stolarczyk Nick $405,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields David D $304,800
Previous Owner Colbert Jacob $337,500
Previous Owner Buchanan Curtis R $155,000
Previous Owner Stolarczyk Nick $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $381,000 -2.3% $257 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $389,900 -2.5% $263 / Sq Ft
09/12/2020 09/12/20 For Sale $399,900 0.0% $270 / Sq Ft
01/22/2018 01/22/18 Rented $2,500 +4.2% --
01/09/2018 01/09/18 Under Contract -- -- --
01/03/2018 01/03/18 Price Changed $2,400 -4.0% $2 / Sq Ft
12/26/2017 12/26/17 For Rent $2,500 0.0% --
04/15/2016 04/15/16 Sold $375,000 +7.3% $253 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $349,500 -- $236 / 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 $5,792 $32,872 $4,306 $28,566
2023 $5,625 $30,770 $3,464 $27,306
2022 $5,625 $30,770 $3,464 $27,306
2021 $6,187 $30,768 $3,463 $27,305
2020 $5,907 $26,517 $1,990 $24,527
2019 $5,897 $29,353 $1,990 $27,363
2018 $5,798 $29,353 $1,990 $27,363
2017 $4,329 $20,111 $1,731 $18,380
2016 $3,528 $20,111 $1,731 $18,380
2015 $3,205 $20,111 $1,731 $18,380
2014 $3,080 $19,171 $1,320 $17,851
2013 $2,908 $18,256 $1,320 $16,936
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10855753

Midwest Real Estate Data (MRED)

APN: 14-08-202-023-1036