The Statesman 5601 N Sheridan Rd Unit 5B Chicago, IL 60660
Edgewater NeighborhoodEstimated Value: $160,000 - $187,000
1
Bed
1.5
Baths
--
Sq Ft
$610/mo
HOA Fee
Highlights
- Waterfront
- 4-minute walk to Bryn Mawr Station
- Living Room
- Balcony
- 1 Car Attached Garage
- 3-minute walk to Edgewater Dog Park
About This Home
As of May 2022Edgewater 1 bedroom, 1.5 bath with balcony that has a wonderful tree top views of park and Lake Michigan. You must like wood finishes to truly appreciate this condo. Open concept wood breakfast bar, oak kitchen cabinetry and solid oak wood floors. The modified floor plan offers double French doors to master bedroom suite with a generous walk in closet plus additional storage. Enjoy three seasons on the south east balcony to soak up the sun and fresh lake breeze. Great location near Red line "L" train, 151, 147 buses, easy access to LSD and Hollywood Beach.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,863
Year Built
- Built in 1968 | Remodeled in 2000
Lot Details
- 0.28
HOA Fees
- $610 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
Accessible Home Design
- Accessibility Features
- Level Entry For Accessibility
- Ramp on the main level
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Forced Air Heating System
- Radiant Heating System
Additional Features
- Living Room
- Waterfront
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
- 90 Units
- Manager Association, Phone Number (312) 944-2611
- High-Rise Condominium
- Property managed by Associa Chicagoland
- 21-Story Property
Pet Policy
- Pets up to 40 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2021
Closed on
May 4, 2022
Sold by
Norman Watkins Revocable Trust
Bought by
Graham Chyla
Seller's Agent
Roger Joseph
Joseph Realty LTD
Buyer's Agent
LaToya Moore
Dream Town Real Estate
List Price
$179,000
Sold Price
$164,000
Premium/Discount to List
-$15,000
-8.38%
Total Days on Market
142
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
$11,674
Avg. Annual Appreciation
3.63%
Original Mortgage
$155,800
Outstanding Balance
$148,762
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$34,211
Purchase Details
Closed on
Aug 20, 2019
Sold by
Watkins Norman
Bought by
Watkins Norman and The Norman Watkins Revocable Trust
Purchase Details
Listed on
Dec 10, 2014
Closed on
Jun 25, 2015
Sold by
Bizios Irene
Bought by
Mccallister Heather and Watkins Norman
Seller's Agent
Roger Joseph
Joseph Realty LTD
Buyer's Agent
Roger Joseph
Joseph Realty LTD
List Price
$166,000
Sold Price
$137,000
Premium/Discount to List
-$29,000
-17.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Purchase Details
Closed on
May 26, 2011
Sold by
Bizios Irene
Bought by
Bizios Irene and Patras Irene
Purchase Details
Closed on
May 19, 1995
Sold by
Bascon Andrea T
Bought by
Sessler Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
7.87%
Create a Home Valuation Report for This Property
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Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Graham Chyla | $164,000 | None Listed On Document | |
| Watkins Norman | -- | None Available | |
| Mccallister Heather | $137,000 | Cti | |
| Bizios Irene | -- | None Available | |
| Sessler Michael D | $50,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Graham Chyla | $155,800 | |
| Previous Owner | Sessler Michael D | $45,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $164,000 | -8.4% | -- |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- |
| 10/15/2021 10/15/21 | For Sale | $179,000 | +30.7% | -- |
| 06/25/2015 06/25/15 | Sold | $137,000 | -4.1% | -- |
| 06/07/2015 06/07/15 | Pending | -- | -- | -- |
| 05/13/2015 05/13/15 | Price Changed | $142,900 | -4.7% | -- |
| 04/27/2015 04/27/15 | Price Changed | $150,000 | -2.9% | -- |
| 04/10/2015 04/10/15 | Price Changed | $154,500 | -3.1% | -- |
| 01/06/2015 01/06/15 | Price Changed | $159,500 | -3.9% | -- |
| 12/10/2014 12/10/14 | For Sale | $166,000 | -- | -- |
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 | $1,970 | $16,397 | $1,089 | $15,308 |
| 2023 | $1,970 | $13,000 | $875 | $12,125 |
| 2022 | $1,970 | $13,000 | $875 | $12,125 |
| 2021 | $1,944 | $12,999 | $875 | $12,124 |
| 2020 | $1,863 | $11,467 | $503 | $10,964 |
| 2019 | $1,860 | $12,689 | $503 | $12,186 |
| 2018 | $1,828 | $12,689 | $503 | $12,186 |
| 2017 | $1,281 | $9,324 | $437 | $8,887 |
| 2016 | $1,367 | $9,324 | $437 | $8,887 |
| 2015 | $1,228 | $9,324 | $437 | $8,887 |
| 2014 | $1,144 | $8,735 | $333 | $8,402 |
| 2013 | $1,110 | $8,735 | $333 | $8,402 |
Source: Public Records
Agents Affiliated with this Home
-
Roger Joseph
Seller's Agent in 2022
Roger Joseph
Joseph Realty LTD
(773) 230-1396
9 in this area
28 Total Sales
-
LaToya Moore
Buyer's Agent in 2022
LaToya Moore
Dream Town Real Estate
(773) 543-1253
2 in this area
83 Total Sales
About The Statesman
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11247702
APN: 14-05-411-012-1020
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