Beach Point Tower 5801 N Sheridan Rd Unit 16B Chicago, IL 60660
Edgewater NeighborhoodEstimated Value: $281,000 - $304,000
2
Beds
2
Baths
1,350
Sq Ft
$662/mo
HOA Fee
Highlights
- Lake Front
- Wood Flooring
- Attached Garage
- Beach
- Circular Driveway
- 4-minute walk to Park 517
About This Home
As of July 2014Estate sale. High floor corner two bedroom/ two bath unit with exceptional lake and beach views. Building is situated right on the beach with a private deck. Great Edgewater Beach location with public transportation right outside your door. Walk to shops and restaurants. No investors, rent cap. Sold in "as is" condition.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,908
Year Built
- 1958
Lot Details
- Lake Front
- East or West Exposure
HOA Fees
- $662 per month
Parking
- Attached Garage
- Heated Garage
- Garage Transmitter
- Circular Driveway
- Shared Driveway
Home Design
- Brick Exterior Construction
- Reinforced Caisson Foundation
- Rubber Roof
- Concrete Siding
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Entrance Foyer
- Storage
- Wood Flooring
- Door Monitored By TV
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Eco-Friendly Details
- North or South Exposure
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Individual Controls for Heating
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Recreation
- Beach
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2017
Sold by
Dai Qiqin
Bought by
Becoja Aishe
Total Days on Market
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Outstanding Balance
$155,223
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$136,211
Purchase Details
Listed on
Apr 7, 2014
Closed on
Jul 10, 2014
Sold by
Habert Sara C and Habert Mark
Bought by
Dai Qiqin
Seller's Agent
Margaret Dralyuk
Dralyuk Real Estate Inc.
Buyer's Agent
Henry Kiely
Homesmart Connect LLC
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Purchase Details
Closed on
Oct 19, 1994
Sold by
Hartunian Aram A and Bloomfield Ruth
Bought by
Chapman Charles F and Chapman Kathleen N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.37%
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
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Becoja Aishe | $192,000 | Chicago Title | |
| Dai Qiqin | $150,000 | North American Title Company | |
| Chapman Charles F | $73,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Becoja Aishe | $182,400 | |
| Previous Owner | Chapman Charles F | $195,000 | |
| Previous Owner | Chapman Charles F | $340,000 | |
| Previous Owner | Chapman Charles F | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2014 07/15/14 | Sold | $150,000 | -9.0% | $111 / Sq Ft |
| 06/15/2014 06/15/14 | Pending | -- | -- | -- |
| 05/05/2014 05/05/14 | Price Changed | $164,900 | -2.9% | $122 / Sq Ft |
| 04/07/2014 04/07/14 | For Sale | $169,900 | -- | $126 / 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 | $3,908 | $26,058 | $2,254 | $23,804 |
| 2023 | $3,908 | $19,000 | $1,812 | $17,188 |
| 2022 | $3,908 | $19,000 | $1,812 | $17,188 |
| 2021 | $3,821 | $18,999 | $1,811 | $17,188 |
| 2020 | $3,276 | $14,707 | $1,041 | $13,666 |
| 2019 | $3,269 | $16,273 | $1,041 | $15,232 |
| 2018 | $3,214 | $16,273 | $1,041 | $15,232 |
| 2017 | $2,712 | $12,599 | $905 | $11,694 |
| 2016 | $2,523 | $12,599 | $905 | $11,694 |
| 2015 | $2,309 | $12,599 | $905 | $11,694 |
| 2014 | $2,280 | $12,288 | $690 | $11,598 |
| 2013 | $1,415 | $12,288 | $690 | $11,598 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Dralyuk
Seller's Agent in 2014
Margaret Dralyuk
Dralyuk Real Estate Inc.
(847) 602-7870
101 in this area
125 Total Sales
-
H
Buyer's Agent in 2014
Henry Kiely
Homesmart Connect LLC
About Beach Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD08578335
APN: 14-05-403-022-1032
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