Hollywood Towers 5701 N Sheridan Rd Unit 24E Chicago, IL 60660
Edgewater Neighborhood
1
Bed
1
Bath
850
Sq Ft
$379/mo
HOA Fee
Highlights
- Attached Garage
- High-Rise Condominium
- 5-minute walk to Hollywood Beach
About This Home
As of October 2023Welcome home to Hollywood Towers, one of Edgewater's most popular full amenity buildings, with the most scenic views that lake Michigan has to offer! Impeccably maintained a true turnkey property. Chic modern styling throughout and a kitchen that features stainless steel appliances, granite counters, maple cabinets and custom tile work. This 1 bed 1 bath with spacious open layout Brazilian cherry hardwood floors, LARGE walk-in shower w/ bench seat and tons of closets! Well maintained building on the beach with 24-hr door staff, onsite management and maintenance, sundeck, party room, laundry room, locker packages, fitness center, outdoor pool, and convenience store. It's all about location, walking distance to the lake, the beach, parks, bike paths and transportation. (Blocks from the red line, express bus at building door) Assessments include a/c, heat, cable tv, internet, monthly parking options and onsite zip cars available. Easy living giving you the best of both the day and night life! You do not want to miss out on this great opportunity to own for less than you can rent!
Last Agent to Sell the Property
RE/MAX Suburban License #475101568 Listed on: 07/26/2021
Last Buyer's Agent
Hanna Davis
eXp Realty - Geneva License #475199981.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,835
Year Built
- 1963
HOA Fees
- $379 per month
Parking
- Attached Garage
- Leased Parking
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 541 Units
- Manager Association, Phone Number (773) 784-6900
- High-Rise Condominium
- Property managed by SUDLER
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2023
Closed on
Oct 16, 2023
Sold by
Molenhouse Madison C
Bought by
Ojha Udayan
Seller's Agent
Keith Schumann
@properties Christie's International Real Estate
Buyer's Agent
Iryna Dzhudzhuk
Core Realty & Investments Inc.
List Price
$198,800
Sold Price
$193,000
Premium/Discount to List
-$5,800
-2.92%
Views
6
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
$14,039
Avg. Annual Appreciation
1.59%
Original Mortgage
$183,350
Outstanding Balance
$180,441
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$18,117
Purchase Details
Listed on
Jul 26, 2021
Closed on
Jan 21, 2022
Sold by
Chandler Dajuan
Bought by
Molenhouse Madison C
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Hanna Davis
eXp Realty - Geneva
Sold Price
$165,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Purchase Details
Listed on
Jul 21, 2016
Closed on
Oct 26, 2016
Sold by
Gezer Bora
Bought by
Chandler Dajuan
Seller's Agent
Keith Schumann
@properties Christie's International Real Estate
Buyer's Agent
Marco Amidei
RE/MAX Suburban
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.46%
Original Mortgage
$165,938
Interest Rate
3.37%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 26, 2004
Sold by
Gezer Meltem and Gezer Oral Meltem
Bought by
Gezer Bora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 14, 1997
Sold by
Jabusch Jabusch Willard F Willard F
Bought by
Gezer Meltem
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
7.5%
Similar Homes in Chicago, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $193,000 | Proper Title | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $169,000 | Proper Title Llc | |
| Interfamily Deed Transfer | $165,000 | Multiple | |
| Trustee Deed | $39,666 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,350 | New Conventional | |
| Previous Owner | $4,275 | Stand Alone Second | |
| Previous Owner | $165,938 | FHA | |
| Previous Owner | $127,500 | Unknown | |
| Previous Owner | $134,789 | Unknown | |
| Previous Owner | $41,935 | Credit Line Revolving | |
| Previous Owner | $16,500 | Credit Line Revolving | |
| Previous Owner | $132,000 | Unknown | |
| Previous Owner | $52,000 | Unknown | |
| Previous Owner | $53,550 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2023 10/16/23 | Sold | $193,000 | -2.9% | $227 / Sq Ft |
| 08/31/2023 08/31/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $198,800 | +20.5% | $234 / Sq Ft |
| 01/21/2022 01/21/22 | Sold | $165,000 | -13.2% | $194 / Sq Ft |
| 12/21/2021 12/21/21 | Pending | -- | -- | -- |
| 10/31/2021 10/31/21 | For Sale | -- | -- | -- |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- |
| 07/26/2021 07/26/21 | For Sale | $190,000 | +12.4% | $224 / Sq Ft |
| 10/26/2016 10/26/16 | Sold | $169,000 | +4.3% | $199 / Sq Ft |
| 09/28/2016 09/28/16 | Pending | -- | -- | -- |
| 09/23/2016 09/23/16 | Price Changed | $162,000 | -4.6% | $191 / Sq Ft |
| 09/08/2016 09/08/16 | Price Changed | $169,900 | -2.9% | $200 / Sq Ft |
| 08/21/2016 08/21/16 | Price Changed | $174,900 | -2.8% | $206 / Sq Ft |
| 07/21/2016 07/21/16 | For Sale | $179,900 | -- | $212 / Sq Ft |
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 | $2,835 | $15,508 | $1,184 | $14,324 |
| 2023 | $2,061 | $13,440 | $952 | $12,488 |
| 2022 | $2,061 | $13,440 | $952 | $12,488 |
| 2021 | $2,033 | $13,439 | $952 | $12,487 |
| 2020 | $1,891 | $11,592 | $547 | $11,045 |
| 2019 | $1,888 | $12,827 | $547 | $12,280 |
| 2018 | $2,534 | $12,827 | $547 | $12,280 |
| 2017 | $2,294 | $10,658 | $476 | $10,182 |
| 2016 | $1,635 | $10,658 | $476 | $10,182 |
| 2015 | $1,472 | $10,658 | $476 | $10,182 |
| 2014 | $1,243 | $9,268 | $362 | $8,906 |
| 2013 | $1,207 | $9,268 | $362 | $8,906 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Keith Schumann
@ Properties
(847) 404-8800
94 in this area
130 Total Sales
-
Buyer's Agent in 2023
Iryna Dzhudzhuk
Core Realty & Investments Inc.
(773) 934-5693
35 in this area
170 Total Sales
-
Seller's Agent in 2022
Marco Amidei
RE/MAX Suburban
(847) 367-4886
8 in this area
501 Total Sales
-
F
Seller Co-Listing Agent in 2022
Francesca Facchini
RE/MAX Suburban
(224) 360-3203
4 in this area
41 Total Sales
-
H
Buyer's Agent in 2022
Hanna Davis
eXp Realty - Geneva
About Hollywood Towers
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11157016
APN: 14-05-407-017-1130
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