NOT LISTED FOR SALE

562 Sheridan Square Unit 1 Evanston, IL 60202

Southeast Evanston Neighborhood

Estimated Value: $304,000 - $343,614

2 Beds
2 Baths
1,000 Sq Ft
$500/mo HOA Fee

Last Sold May 15, 2023

Last sale price $250,000 $250 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,677/month

Highlights

  • Waterfront
  • Lock-and-Leave Community
  • Formal Dining Room
  • Lincoln Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Garden Park

About This Home

As of May 2023

AMAZING location, right across the street for Lake Michigan! Relax in this two bedroom, two bath condo. Located on the first floor, easy access. Hardwood floors, great storage throughout.

Last Agent to Sell the Property

Michael Thomas

@properties Christie's International Real Estate License #475124199 Listed on: 04/16/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1920

Lot Details

  • Waterfront

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • Nichols Middle School
  • Evanston Twp High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 57 Units
  • Abby Reynolds Association, Phone Number (312) 829-8900
  • Low-Rise Condominium
  • Tower Court Subdivision
  • Property managed by First Community Management
  • Lock-and-Leave Community

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,375

Year Built

Built in 1920

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Low Rise (1-3 Stories)
  • Subdivision Name: Tower Court
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1000
  • Room Type: Foyer
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 250000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Driveway: Concrete
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 500
  • Association Amenities: Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Community Management
  • Management Contact Name: Abby Reynolds
  • Management Phone: 312-829-8900
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Evanston Twp High School
  • Middle/Junior School: Nichols Middle School
  • Middle/Junior School District: 65

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 5375.27
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
May 8, 2023
Sold by
Melinda F Kwedar Declaration Of Trust
Bought by
Downs David and Krupinski Lydia
Seller's Agent
Michael Thomas
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$322,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,904
Avg. Annual Appreciation
7.88%
Original Mortgage
$237,500
Outstanding Balance
$232,714
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$66,055

Purchase Details

Closed on
May 17, 2017
Sold by
Kwedar Melinda F
Bought by
Kwedar Melinda F and Melinda F Kwedar Declaration Of Trust

Purchase Details

Closed on
Jul 8, 1994
Sold by
Kelly Margaret C
Bought by
Kwedar Melinda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,600
Interest Rate
5.62%
Source: Public Records

Range of Values:

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Average Value
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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
Downs David $250,000 Proper Title
Kwedar Melinda F -- None Available
Kwedar Melinda F $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs David $237,500
Previous Owner Kwedar Melinda F $135,000
Previous Owner Kwedar Melinda F $98,300
Previous Owner Kwedar Melinda F $106,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $250,000 0.0% $250 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $250,000 -- $250 / 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 $5,664 $23,399 $2,328 $21,071
2023 $5,435 $23,399 $2,328 $21,071
2022 $5,435 $23,399 $2,328 $21,071
2021 $5,375 $20,255 $1,241 $19,014
2020 $5,304 $20,255 $1,241 $19,014
2019 $5,140 $21,937 $1,241 $20,696
2018 $5,373 $19,610 $1,047 $18,563
2017 $3,611 $19,610 $1,047 $18,563
2016 $4,331 $19,610 $1,047 $18,563
2015 $4,528 $19,509 $872 $18,637
2014 $5,140 $21,921 $872 $21,049
2013 $5,006 $21,921 $872 $21,049
Source: Public Records

Agents Affiliated with this Home

  • Michael Thomas

    Seller's Agent in 2023

    Michael Thomas

    @ Properties

    (847) 322-6968

    68 in this area

    418 Total Sales

    Michael Thomas
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11761077

Midwest Real Estate Data (MRED)

APN: 11-20-103-033-1014

Illinois Cook County Evanston 60202 Southeast Evanston

562 Sheridan Square Unit 1, Evanston, IL

This home is located at 562 Sheridan Square Unit 1, Evanston, IL 60202 since 16 April 2023 and is currently estimated at $322,904, approximately $322 per square foot. This property was built in 1920. 562 Sheridan Square Unit 1 is a home located in Cook County with nearby schools including Lincoln Elementary School, Washington Elementary School, and Nichols Middle School.

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