NOT LISTED FOR SALE

Hollywood Towers 5701 N Sheridan Rd Unit 7Q Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $192,201 - $223,000

1 Bed
1 Bath
850 Sq Ft
$441/mo HOA Fee

Last Sold July 16, 2018

Last sale price $180,000 $212 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,882/month

48 Days on Market

Highlights

  • Attached Garage
  • Hot Water Heating System
  • 5-minute walk to Hollywood Beach
  • Central Air
  • Heated Garage

About This Home

As of July 2018

WOW! Almost never available, south facing South Tower TOTALLY RENOVATED LUXURY CONDO with MAGNIFICENT LAKE, BEACH & SKYLINE VIEWS in Hollywood Towers at Edgewater Beach. STUNNING open floor plan, sunny & spacious, almost BRAND NEW (Gut Rehab in 2016) EVERYTHING, including HARDWOOD FLOORING, LG STAINLESS APPLIANCES, GRANITE COUNTERTOPS, UPDATED BATH & tons of CUSTOM CLOSETS. Owner spared no expense when doing this beautiful, high-quality renovation. Full amenity building ON THE BEACH/bike path with low assessments that INCLUDE HEAT, A/C,CABLE TV, INTERNET & more! Heated valet parking available for $160. Express bus at door. 2 blocks to Red Line. Walk to Whole Foods, Marianos's, Andersonville, shopping, restaurants, theatres, Loyola U, everything! TENANT OCCUPIED THROUGH JULY 10 of this year. Building has NO RENTAL RESTRICTIONS!

Last Agent to Sell the Property

Keith Schumann

@properties Christie's International Real Estate License #475158110 Listed on: 04/19/2018

@properties Christie's International Real Estate

Last Buyer's Agent

Samuel Ciochon

@properties Christie's International Real Estate License #475129080

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,241

Year Built

  • 1962

Lot Details

  • 1.66

HOA Fees

  • $441 per month

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Parking

  • Attached Garage
  • Heated Garage

Utilities

  • Central Air
  • Radiator
  • Hot Water Heating System
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,241

Year Built

1962

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 7
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1962
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 29
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Other, Windows: Blinds
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 16X8, On Level: Main Level, Flooring: Other
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Other, Windows: Blinds
  • Estimated Sq Ft: 850

Exterior Features

  • Exterior Building Type: Brick, Concrete
  • Waterfront: Yes

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiators, Indv Controls

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Saturday
  • Pet Information: Cats OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Service Elevator, Valet/Cleaner
  • Assessment Includes: Heat, Air Conditioning, Water, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 441
  • Management Contact Name: Tina
  • Management Phone: 773-784-6900

Fee Information

  • Management Company: Sudler
  • Lease Amount: 160

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14054070171411

Multi Family

  • Total Number Unitsin Building: 541
  • Number Stories: 29

Tax Info

  • Taxes: 2471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 10, 2018
Sold by
Yaya Properties Llc
Bought by
Manigbas Romulo G
Seller's Agent
Keith Schumann
@properties Christie's International Real Estate
Buyer's Agent
Samuel Ciochon
@properties Christie's International Real Estate
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Current Estimated Value
$212,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,050
Avg. Annual Appreciation
1.61%
Original Mortgage
$171,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2016
Sold by
Kapoor Bharat
Bought by
Yayaproerties Llc

Purchase Details

Listed on
Jun 16, 2015
Closed on
Sep 14, 2015
Sold by
Fannie Mae
Bought by
Kapoor Bharat
Seller's Agent
Ira Mizell
Goldtree Realty, Inc
Buyer's Agent
Keith Schumann
@properties Christie's International Real Estate
List Price
$174,900
Sold Price
$120,000
Premium/Discount to List
-$54,900
-31.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Chterev Plamen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 24, 2005
Sold by
Petersen Erling N
Bought by
Chterev Plamen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1997
Sold by
Perillo Joseph J and Perillo Patricia
Bought by
Petersen Erling N
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Manigbas Romulo G $180,000 Proper Title Llc
Yayaproerties Llc -- Attorney
Kapoor Bharat -- Premier Title
Federal National Mortgage Association -- Premier Title
Chterev Plamen $142,500 Git
Petersen Erling N $49,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manigbas Romulo G $163,875
Closed Manigbas Romulo G $171,000
Previous Owner Chterev Plamen $114,000
Previous Owner Petersen Erling N $105,950
Previous Owner Petersen Erling N $62,500
Previous Owner Petersen Erling N $25,000
Closed Chterev Plamen $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $180,000 -4.8% $212 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $189,000 0.0% $222 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $189,000 0.0% $222 / Sq Ft
10/01/2017 10/01/17 Rented $1,550 0.0% --
09/11/2017 09/11/17 Under Contract -- -- --
09/08/2017 09/08/17 Price Changed $1,550 -3.1% $2 / Sq Ft
08/24/2017 08/24/17 Price Changed $1,600 -3.0% $2 / Sq Ft
08/10/2017 08/10/17 For Rent $1,650 +10.0% --
03/15/2016 03/15/16 Rented $1,500 0.0% --
03/02/2016 03/02/16 Under Contract -- -- --
02/19/2016 02/19/16 Price Changed $1,500 -9.1% $2 / Sq Ft
01/19/2016 01/19/16 For Rent $1,650 0.0% --
09/21/2015 09/21/15 Sold $120,000 -14.2% --
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 Price Changed $139,900 -9.4% --
07/16/2015 07/16/15 Price Changed $154,500 -11.7% --
06/16/2015 06/16/15 For Sale $174,900 -- --
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 $3,241 $17,952 $1,371 $16,581
2023 $3,159 $15,360 $1,102 $14,258
2022 $3,159 $15,360 $1,102 $14,258
2021 $3,089 $15,359 $1,102 $14,257
2020 $2,989 $13,418 $633 $12,785
2019 $2,983 $14,848 $633 $14,215
2018 $2,933 $14,848 $633 $14,215
2017 $2,656 $12,337 $551 $11,786
2016 $2,471 $12,337 $551 $11,786
2015 $2,261 $12,337 $551 $11,786
2014 $1,991 $10,729 $420 $10,309
2013 $1,951 $10,729 $420 $10,309
Source: Public Records

Agents Affiliated with this Home

  • Keith Schumann

    Seller's Agent in 2018

    Keith Schumann

    @ Properties

    (847) 404-8800

    94 in this area

    130 Total Sales

    Section Image
  • Samuel Ciochon

    Buyer's Agent in 2018

    Samuel Ciochon

    @ Properties

    (312) 513-5337

    3 in this area

    74 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Daniel Idesis

    Fulton Grace

    Section Image

  • S

    Buyer's Agent in 2017

    Sara Superfine

    Berkshire Hathaway HomeServices Chicago

    Section Image

  • K

    Buyer's Agent in 2016

    Kaari Kafer

    @ Properties

    Section Image
  • Ira Mizell

    Seller's Agent in 2015

    Ira Mizell

    Goldtree Realty, Inc

    (847) 674-4445

    62 Total Sales

    Section Image
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About Hollywood Towers

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09922975

Midwest Real Estate Data (MRED)

APN: 14-05-407-017-1411

Illinois Cook County Chicago 60660 Edgewater

5701 N Sheridan Rd Unit 7Q, Chicago, IL

This home is located at 5701 N Sheridan Rd Unit 7Q, Chicago, IL 60660 since 19 April 2018 and is currently estimated at $212,050, approximately $249 per square foot. This property was built in 1962. 5701 N Sheridan Rd Unit 7Q is a home located in Cook County with nearby schools including Senn High School, Sacred Heart Schools, and St Thomas Of Canterbury School.

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