Seller's Agent in 2023
Keith Schumann
@ Properties
(847) 404-8800
94 in this area
130 Total Sales
Hollywood Towers 5701 N Sheridan Rd Unit 27B Chicago, IL 60660
Edgewater NeighborhoodEstimated Value: $203,000 - $219,000
1
Bed
1
Bath
950
Sq Ft
$454/mo
HOA Fee
Highlights
- Doorman
- Waterfront
- Party Room
- Fitness Center
- Community Pool
- 5-minute walk to Hollywood Beach
About This Home
As of August 2023WOW! A TRULY DRAMATIC SPACE and ENDLESS SUNSETS await you in this absolutely INCREDIBLE, COMPLETELY RENOVATED 27th Floor CORNER UNIT in Hollywood Towers of Edgewater Beach! Owners spared no expense in creating their Chicago PIED A TERRE, have only used it for a few months a year but now have permanently relocated out of state. A spacious, warm & inviting layout brings the sun & sky right into your home, featuring lots of CUSTON WOODWORKING, CROWN MOLDINGS, beautiful BRAZILIAN CHERRY HARDWOOD FLOORING throughout, an unbelievably gorgeous kitchen w/pass through featuring GRANITE countertops, CHERRY CUSTOM CABINETRY and AN UPDATED BATH. Updated electrical with custom lighting throughout, a super-large bedroom with an entire wall of closets and TONS OF STORAGE. Preferred corner floor plan is the largest one bedroom in the building (950 sq ft) with plenty of room for work-at-home and is a great space in a great place! Hollywood Towers is a solid, extremely well run, full amenity building ON THE BEACH/bike path, with HEAT, A/C, CABLE TV and INTERNET INCLUDED IN LOW ASSESSMENTS OF ONLY $455 & NO RENTAL RESTRICTIONS! Sorry, no dogs. Indoor, heated valet parking is $180/month. Express bus at door. 2 blocks to Red Line. Beach at back door! Close to Andersonville, Whole Foods, Marianos, shopping, restaurants, theater, Loyola U and everything fabulous Edgewater has to offer!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475158110 Listed on: 07/14/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,895
Year Built
- Built in 1963
Lot Details
- Waterfront
HOA Fees
- $454 Monthly HOA Fees
Home Design
- 950 Sq Ft Home
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Parking
- Attached Garage
- Leased Parking
Utilities
- Central Air
- Radiator
- Heating System Uses Steam
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 541 Units
- Tina Association, Phone Number (773) 784-6900
- High-Rise Condominium
- Property managed by Sudler
- 29-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2023
Closed on
Aug 24, 2023
Sold by
Rausch Michael J and Rausch Ann M
Bought by
Saxena Neena and Pappachen Megha Summer
Seller's Agent
Keith Schumann
@properties Christie's International Real Estate
Buyer's Agent
Cory Tanzer
Option Realty Group LTD
List Price
$198,800
Sold Price
$198,800
Views
29
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
$12,315
Avg. Annual Appreciation
2.87%
Original Mortgage
$104,000
Outstanding Balance
$102,366
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$107,637
Purchase Details
Closed on
Apr 19, 2001
Sold by
Creed Michael
Bought by
Rausch Michael J and Rausch Ann M
Purchase Details
Closed on
Aug 7, 1995
Sold by
Constantine Richard and Constantine Joanne
Bought by
Kiely Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
7.64%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saxena Neena | $199,000 | Proper Title | |
| Rausch Michael J | $43,000 | -- | |
| Kiely Teresa | $43,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saxena Neena | $104,000 | |
| Previous Owner | Kiely Teresa | $34,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $198,800 | 0.0% | $209 / Sq Ft |
| 07/18/2023 07/18/23 | Pending | -- | -- | -- |
| 07/14/2023 07/14/23 | For Sale | $198,800 | -- | $209 / 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 | $3,038 | $17,294 | $1,321 | $15,973 |
| 2023 | $2,961 | $14,400 | $1,062 | $13,338 |
| 2022 | $2,961 | $14,400 | $1,062 | $13,338 |
| 2021 | $2,895 | $14,398 | $1,061 | $13,337 |
| 2020 | $2,880 | $12,927 | $610 | $12,317 |
| 2019 | $2,874 | $14,304 | $610 | $13,694 |
| 2018 | $2,826 | $14,304 | $610 | $13,694 |
| 2017 | $2,558 | $11,884 | $530 | $11,354 |
| 2016 | $1,880 | $11,884 | $530 | $11,354 |
| 2015 | $1,697 | $11,884 | $530 | $11,354 |
| 2014 | $1,441 | $10,335 | $404 | $9,931 |
| 2013 | $1,401 | $10,335 | $404 | $9,931 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Cory Tanzer
Option Realty Group LTD
(312) 218-4483
3 in this area
457 Total Sales
-
Buyer Co-Listing Agent in 2023
Richard Coppola
Option Premier LLC
(773) 931-8188
1 in this area
46 Total Sales
About Hollywood Towers
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11829492
APN: 14-05-407-017-1052
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