NOT LISTED FOR SALE

Estimated Value: $320,000 - $798,000

6 Beds
5 Baths
-- Sq Ft
5,314 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $590,000

Est. 3% decrease in value since last sale

Current estimated payment $3,627/month

24 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Main Floor Bedroom
  • Deck
  • Greystone Architecture
  • Whirlpool Bathtub

About This Home

As of March 2021

This home is located at 5812 S Michigan Ave, Chicago, IL 60637 since 11 December 2020 and is currently estimated at $559,393. This property was built in 1890. 5812 S Michigan Ave is a home located in Cook County with nearby schools including Carter Elementary School, Wendell Phillips Academy High School, and CICS Washington Park.

Last Agent to Sell the Property

Aaron Vanderbilt

Baird & Warner License #471015639 Listed on: 12/11/2020

Baird & Warner

Last Buyer's Agent

Sanina Ellison

Re-CHRG Inc License #471018328

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,860

Year Built | Renovated

  • 1890 | 2018

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard
  • Landscaped Professionally

Parking

  • Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Greystone Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Wood Burning Fireplace
  • Sitting Room
  • Lower Floor Utility Room
  • Laundry on upper level
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • European Shower
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a bus stop
  • City Lot

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • $12,600 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,860

Year Built | Renovated

1890 | 2018

Lot Details

0

Parking

4

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 4
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 4.1
  • Style Of House: Greystone
  • Type Detached: 2 Stories
  • Estimated Year Built: 1890
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 2nd Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 6
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, European Shower, Soaking Tub
  • Above Grade Bedrooms: 6
  • Laundry: Dimensions: 10X4, On Level: 2nd Level, Flooring: Porcelain Tile
  • Dining Room: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: 5th Bedroom, 6th Bedroom, Sitting Room, Utility Room-Lower Level, Walk In Closet
  • Master Bedroom: Dimensions: 22X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X11, On Level: Walkout Basement, Flooring: Porcelain Tile
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 13X11, On Level: Walkout Basement, Flooring: Porcelain Tile
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Sitting, Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 20X15, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Utility Room-Lower Level, Dimensions: 10X8, On Level: Walkout Basement
  • Bedroom 4: Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 5 Name: Walk in Closet, Dimensions: 12X10, On Level: 2nd Level, Flooring: Hardwood
  • Dining Room Type: Separate
  • Family Room: Dimensions: 25X17, On Level: Walkout Basement, Flooring: Porcelain Tile

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Stone
  • Roof Type: Asphalt/Glass (Shingles), Rubber
  • Exterior Property Features: Deck, Patio, Storms/Screens
  • Exposure: S (South), E (East), City

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 4
  • Driveway: Concrete, Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X161
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 20151200250000

Tax Info

  • Taxes: 7122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 15, 2021
Sold by
Rl Reclamtion Llc
Bought by
Powell Lee Darell
Seller's Agent
Aaron Vanderbilt
Baird & Warner
Buyer's Agent
Sanina Ellison
Re-CHRG Inc
List Price
$569,900
Sold Price
$590,000
Premium/Discount to List
$20,100
3.53%
Current Estimated Value
$573,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,825
Avg. Annual Appreciation
0.28%
Original Mortgage
$590,000
Outstanding Balance
$528,342
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$68,803

Purchase Details

Closed on
Jan 29, 2019
Sold by
Michigan Avenue Llc
Bought by
Rl Reclamation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Chicago Title Land Trust Co
Bought by
5812 South Michigan Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 23, 2015
Closed on
Feb 18, 2016
Sold by
U S Bank National Association
Bought by
Chicago Title Land Trust Company and Trust #8002370398
Seller's Agent
Victor Vita
Vylla Home
Buyer's Agent
Paulette Edwards
Coldwell Banker Realty
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.31%

Purchase Details

Closed on
Nov 22, 2014
Sold by
Gray Denise
Bought by
Nrz Pass Through Trust I U S Bank Natio

Purchase Details

Closed on
Jul 5, 2011
Sold by
Bunkley Marion
Bought by
Gray Denise

Purchase Details

Closed on
Jul 11, 2009
Sold by
Gray Denise and Bunkley Darryl
Bought by
Gray Denise and Bunkley Amiel

Purchase Details

Closed on
Aug 12, 2008
Sold by
Gray Denise
Bought by
Bunkley Darryl and Gray Denise

Purchase Details

Closed on
Jan 8, 2007
Sold by
Bunkley Darryl
Bought by
Gray Denise

Purchase Details

Closed on
Sep 2, 1997
Sold by
Bunkley Darryl Bruce and Bunkley Darryl
Bought by
Bunkley Darryl
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
Powell Lee Darell $590,000 Attorney
Rl Reclamation Llc -- Attorney
5812 South Michigan Avenue Llc -- Chicago Title Land Trust Com
Chicago Title Land Trust Company $40,000 Chicago Title Land Trust Co
Nrz Pass Through Trust I U S Bank Natio $231,000 None Available
Gray Denise -- None Available
Gray Denise -- None Available
Bunkley Darryl -- None Available
Gray Denise -- None Available
Bunkley Darryl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell-Lee Darell $590,000
Closed Powell Lee Darell $590,000
Previous Owner Rl Reclamation Llc $392,000
Previous Owner 5812 South Michigan Avenue Llc $286,000
Previous Owner Gray Denise $49,000
Previous Owner Gray Denise $231,000
Previous Owner Gray Denise $229,000
Previous Owner Bunkley Darryl $225,000
Previous Owner Bunkley Darryl $169,018
Previous Owner Bunkley Darryl $35,050
Previous Owner Bunkley Darryl $20,154
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $590,000 0.0% --
01/08/2021 01/08/21 Price Changed $590,000 +3.5% --
01/04/2021 01/04/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $569,900 +1328.3% --
03/17/2016 03/17/16 Sold $39,900 0.0% --
01/15/2016 01/15/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $39,900 0.0% --
11/17/2015 11/17/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $39,900 -- --
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 $5,860 $43,000 $18,536 $24,464
2023 -- $32,539 $18,536 $14,003
2022 $0 $32,539 $18,536 $14,003
2021 $6,252 $31,000 $18,536 $12,464
2020 $7,186 $32,258 $9,003 $23,255
2019 $7,122 $35,449 $9,003 $26,446
2018 $7,002 $35,449 $9,003 $26,446
2017 $7,408 $34,412 $7,414 $26,998
2016 $4,763 $23,779 $7,414 $16,365
2015 $4,357 $23,779 $7,414 $16,365
2014 $3,531 $19,033 $6,355 $12,678
2013 $3,462 $19,033 $6,355 $12,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10877243

Midwest Real Estate Data (MRED)

APN: 20-15-120-025-0000