NOT LISTED FOR SALE

5616 N Kenmore Ave Unit 2D Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $102,000 - $114,735

-- Bed
1 Bath
-- Sq Ft
$338/mo HOA Fee

Last Sold May 28, 2024

Last sale price $99,900

Est. 7% increase in value since last sale

Current estimated payment $1,040/month

28 Days on Market

Highlights

  • Elevator
  • 2-minute walk to Bryn Mawr Station
  • Coin Laundry
  • Baseboard Heating
  • Bike Trail
  • 4-minute walk to AIDS Memorial Mediation Point

About This Home

As of May 2024

Welcome to your sanctuary in the heart of the Bryn Mawr historic district. Nestled just blocks from the beach, this charming studio beckons with its unbeatable location and irresistible charm. Step inside to discover a world of comfort and style, with laminate flooring that exudes warmth and durability, while sleek granite countertops add a touch of elegance to the updated kitchen. Indulge and relax in the updated bath. Storage will never be a concern with the abundance of closet space providing ample room to organize and store all of your belongings with ease, say goodbye to clutter and hello to tidy living. Located in a quaint, well maintained elevator building, convenience is key with laundry facilities conveniently located on the first floor. Plus, with the rental cap met, you will enjoy the peace of mind of a community-focused atmosphere, perfect for those seeking a true sense of belonging. Whether you are looking for a weekend retreat or a cozy place to call home, this studio offers the perfect blend of location, comfort and character. This condo is not for the investor the new owner must live in the unit.

Last Agent to Sell the Property

Michelle Orner

Berkshire Hathaway HomeServices Chicago Listed on: 04/04/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Daniel Pyne

Pyne Properties, LLC License #471021374

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1964 | Remodeled in 2021

Lot Details

  • 7,492

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 26 Units
  • Michael Scharber Association, Phone Number (773) 531-6000
  • 5-Story Property

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,234

Year Built

Built in 1964 | Remodeled in 2021

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Studio
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Blinds

Exterior Features

  • List Price: 99900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 338
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: Michael Scharber
  • Management Phone: 773-531-6000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1233.87
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 20, 2024
Sold by
Moy Susan L
Bought by
Moy Susan L and Moy Howard
Seller's Agent
Michelle Orner
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Daniel Pyne
Pyne Properties, LLC
List Price
$99,900
Sold Price
$99,900
Total Days on Market
28
Views
158
Current Estimated Value
$106,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,784
Avg. Annual Appreciation
6.65%
Original Mortgage
$79,920
Outstanding Balance
$79,124
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$27,560

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 16, 2024
Sold by
Boston Abigail S
Bought by
Moy Susan L
Seller's Agent
Michelle Orner
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Daniel Pyne
Pyne Properties, LLC
List Price
$99,900
Sold Price
$99,900
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,920
Outstanding Balance
$79,124
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$27,560

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 17, 2021
Sold by
Greig Ted and Greig Mary
Bought by
Boston Abigail S and Boston Andrew W
Seller's Agent
Sparkle Wilson
Blue Door Dave Inc
Buyer's Agent
Michelle Orner
Berkshire Hathaway HomeServices Chicago
Sold Price
$83,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$79,325
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2006
Sold by
Bridgeview Bank Group
Bought by
Greig Ted and Greig Mary

Purchase Details

Closed on
Dec 17, 2004
Sold by
Mickelson Locher Llc
Bought by
Bridgeview Bank & Trust and Trust Agreement #1-3037

Purchase Details

Closed on
Sep 17, 2004
Sold by
Seceleanu Viorica
Bought by
Mickelson Locher Llc and Cronus Projects Llc
Source: Public Records

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Range of Values:

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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
Moy Susan L -- None Listed On Document
Moy Susan L $100,000 Chicago Title Company
Boston Abigail S $83,500 Citywide Title Corporation
Greig Ted $98,000 Lawyers
Bridgeview Bank & Trust -- Attorneys Title Guaranty Fun
Mickelson Locher Llc $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moy Susan L $79,920
Previous Owner Boston Abigail S $79,325
Previous Owner Greig Ted $83,300
Previous Owner Greig Ted $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $99,900 0.0% --
05/03/2024 05/03/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $99,900 +19.6% --
06/18/2021 06/18/21 Sold $83,500 +4.5% --
05/27/2021 05/27/21 For Sale -- -- --
05/10/2021 05/10/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $79,900 0.0% --
12/01/2015 12/01/15 Rented $775 -13.4% --
11/22/2015 11/22/15 Under Contract -- -- --
10/30/2015 10/30/15 For Rent $895 -- --
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 $1,234 $8,347 $1,974 $6,373
2023 $1,234 $6,000 $1,587 $4,413
2022 $1,234 $6,000 $1,587 $4,413
2021 $1,206 $5,999 $1,587 $4,412
2020 $1,304 $5,854 $912 $4,942
2019 $1,302 $6,478 $912 $5,566
2018 $1,280 $6,478 $912 $5,566
2017 $1,614 $7,496 $793 $6,703
2016 $1,501 $7,496 $793 $6,703
2015 $1,374 $7,496 $793 $6,703
2014 $1,138 $6,136 $605 $5,531
2013 $1,116 $6,136 $605 $5,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11992187

Midwest Real Estate Data (MRED)

APN: 14-05-409-027-1006