NOT LISTED FOR SALE

5727 S Michigan Ave Unit G Chicago, IL 60637

Washington Park Neighborhood

Estimated Value: $109,000 - $194,000

2 Beds
2 Baths
840 Sq Ft
$100/mo HOA Fee

Last Sold April 05, 2022

Last sale price $41,500 $49 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,091/month

84 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • 3-minute walk to Lorraine Hansberry Park

About This Home

As of April 2022

Bronzeville area garden condo features two bedrooms, two baths and kitchen. This unit is gutted and needs repairs. Schools, transportation and shopping are nearby. Lot/room sizes estimated. This home is eligible under the Freddie Mac First Look initiative until 1/27/21. This property is under auction terms. In addition, the Seller is offering Buyer's Choice Incentive up to $5000 -limited to owner occupants! Terms and restrictions apply. See the doc poster for the Buyer's Choice Incentive flyers.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty, Inc. License #471004755 Listed on: 12/29/2021

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $536

Year Built

  • Built in 1901

Lot Details

  • 4,051

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, exterior maintenance, lawn care, scavenger, snow removal
  • 3 Units

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$536

Year Built

Built in 1901

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: G
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 840
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 39900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit, Size Limit
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF MANAGED
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 536.36
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Mccoy Clarence and Mccoy Letitsha
Bought by
53 Newhouse Llc
Current Estimated Value
$156,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 29, 2021
Closed on
Mar 3, 2022
Sold by
Federal Home Loan Mortgage Corp
Bought by
Mccoy Clarence and Sutton Letisha
Seller's Agent
Gary Weglarz
Applebrook Realty, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$39,900
Sold Price
$41,500
Premium/Discount to List
$1,600
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.88%

Purchase Details

Closed on
Jun 3, 2021
Sold by
Kara Patricia A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 22, 2021
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 3, 2016
Sold by
Scrub A Dub
Bought by
Jones Samone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,246
Interest Rate
3.54%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Amcore Investment Group Na
Bought by
Kara Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
53 Newhouse Llc $35,000 Fidelity National Title
Mccoy Clarence $41,500 --
Citimortgage Inc -- Attorney
Federal Home Loan Mortgage Corporation -- Old Republic Title
Jones Samone -- --
Kara Patricia A $118,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 53 Newhouse Llc $85,000
Previous Owner Jones Samone $88,246
Previous Owner Jones Samone --
Previous Owner Kara Patricia A $117,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $41,500 +4.0% $49 / Sq Ft
03/27/2022 03/27/22 Price Changed $39,900 0.0% $48 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $39,900 -- $48 / 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 $1,905 $8,987 $4,105 $4,882
2023 $1,857 $9,000 $4,105 $4,895
2022 $1,857 $9,000 $4,105 $4,895
2021 $1,815 $8,999 $4,104 $4,895
2020 $536 $13,302 $1,993 $11,309
2019 $535 $14,667 $1,993 $12,674
2018 $527 $14,667 $1,993 $12,674
2017 $1,894 $12,174 $1,641 $10,533
2016 $2,438 $12,174 $1,641 $10,533
2015 $945 $12,174 $1,641 $10,533
2014 $937 $9,677 $1,407 $8,270
2013 $940 $9,677 $1,407 $8,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11295020

Midwest Real Estate Data (MRED)

APN: 20-15-115-037-1001