NOT LISTED FOR SALE

5556 N Sheridan Rd Unit 611 Chicago, IL 60640

Edgewater Neighborhood

Estimated Value: $401,000 - $678,107

2 Beds
2 Baths
1,910 Sq Ft
$747/mo HOA Fee

Last Sold May 28, 2015

Last sale price $539,000 $282 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,806/month

96 Days on Market

Highlights

  • Water Views
  • 3-minute walk to Bryn Mawr Station
  • Vaulted Ceiling
  • Penthouse
  • Property is near a park
  • 2-minute walk to AIDS Memorial Mediation Point

About This Home

As of May 2015

Call to Show-Home Sale Contingency. Spectacular Historic Bryn Mawr Penthouse! Watch sunrise over lakefront from 15ft wall of windows lining a rotunda atrium living area with soaring scalloped ceiling. Huge chef kitchen, island seats 4 easy. Giant Master Suite w terrace, walk-in closet, grand open bath. Split floorplan. Big room sizes Beautiful finishes. Laundry room, storage. 2 spaces $25K each. Unique Home!

Last Agent to Sell the Property

Laura Topp

Berkshire Hathaway HomeServices Chicago License #471001656 Listed on: 12/03/2014

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Maria Sabatini

Berkshire Hathaway HomeServices Chicago License #475153894

Last Buyer's Agent

Ann Clements

Fulton Grace Realty License #475138677

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,517

Year Built

  • Built in 2005

Lot Details

  • 0.52

HOA Fees

  • $747 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Deeded Parking Sold Separately

Home Design

  • Penthouse
  • Stone Foundation
  • Shake Roof

Interior Spaces

  • 1,910 Sq Ft Home
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Location

  • Property is near a park

Schools

  • Swift Elementary School Specialt
  • Senn High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, gas, insurance, tv/cable, exterior maintenance, scavenger, snow removal
  • 39 Units
  • Bobby Kennedy Association, Phone Number (773) 290-1460
  • Atelier Subdivision
  • Property managed by The Building Group
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,517

Year Built

Built in 2005

Lot Details

0

HOA Fees

$747 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Subdivision Name: ATELIER
  • Year Built: 2005
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1910
  • Other Equipment: Humidifier, TV-Cable, Intercom
  • Room Type: Storage, Terrace
  • Stories Total: 6
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Stone
  • List Price: 515000
  • Lot Features: Corner Lot, Park Adjacent, Water View
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt,Off Alley
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 747
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Management Company: The Building Group
  • Management Contact Name: Bobby Kennedy
  • Management Phone: 773-290-1460
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: SWIFT ELEMENTARY SCHOOL SPECIALT
  • High School: SENN HIGH SCHOOL
  • Middle/Junior School: SWIFT ELEMENTARY SCHOOL SPECIALT
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 6517.11
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
May 28, 2015
Sold by
Dvorkin Aaron J
Bought by
Dynneson Norman H
Seller's Agent
Laura Topp
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ann Clements
Fulton Grace Realty
List Price
$540,000
Sold Price
$539,000
Premium/Discount to List
-$1,000
-0.19%
Current Estimated Value
$581,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,369
Avg. Annual Appreciation
0.73%
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2014
Closed on
May 19, 2015
Sold by
Dvorkin Aaron and Dvorkin Tanya
Bought by
Dvorkin Aaron
Seller's Agent
Laura Topp
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ann Clements
Fulton Grace Realty
List Price
$540,000
Sold Price
$539,000
Premium/Discount to List
-$1,000
-0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2007
Sold by
Dvorkin Aaron J
Bought by
Dvorkin Aaron J and Dvorkin Tanya F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Bryn Mawr Sheridan Llc
Bought by
Dvorkin Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dynneson Norman H $539,000 None Available
Dvorkin Aaron -- Fidelity Natl Title Ins Co
Dvorkin Aaron J -- Chicago Title Insurance Co
Dvorkin Aaron $670,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dynneson Norman H $250,000
Previous Owner Dvorkin Aaron $250,000
Previous Owner Dvorkin Aaron J $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $539,000 +4.7% $282 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
03/04/2015 03/04/15 Price Changed $515,000 -4.6% $270 / Sq Ft
12/03/2014 12/03/14 For Sale $540,000 -- $283 / 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 $11,727 $64,522 $8,452 $56,070
2023 $11,393 $61,549 $6,799 $54,750
2022 $11,393 $61,549 $6,799 $54,750
2021 $11,171 $61,547 $6,798 $54,749
2020 $11,595 $52,049 $3,907 $48,142
2019 $11,576 $57,617 $3,907 $53,710
2018 $11,381 $57,617 $3,907 $53,710
2017 $8,498 $39,474 $3,397 $36,077
2016 $7,049 $39,474 $3,397 $36,077
2015 $7,233 $39,474 $3,397 $36,077
2014 $6,982 $37,630 $2,590 $35,040
2013 $6,517 $35,833 $2,590 $33,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08796286

Midwest Real Estate Data (MRED)

APN: 14-08-202-023-1038