NOT LISTED FOR SALE

5842 N Wayne Ave Unit 3 Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $312,000 - $426,000

2 Beds
1 Bath
-- Sq Ft
$357/mo HOA Fee

Last Sold May 06, 2021

Last sale price $270,000

Est. 30% increase in value since last sale

Current estimated payment $2,568/month

11 Days on Market

Highlights

  • Deck
  • Storage
  • Southern Exposure
  • Wood Flooring
  • Hot Water Heating System
  • 5-minute walk to Broadway Armory Park

About This Home

As of May 2021

View our virtual 3D tour! Spacious and sunny top floor vintage beauty in an amazing Edgewater location! Wonderful layout that has an updated kitchen with granite counter tops, backsplash and appliances 2017 and updated bath 2012. Freshly painted with great storage. Excellent floor plan with hardwood floors throughout. Amazing outdoor space! Close to CTA, Grocery, Restaurants, Shopping and Lake. Come see! Come home!

Last Agent to Sell the Property

Melissa Young

Berkshire Hathaway HomeServices Chicago License #475168842 Listed on: 03/23/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Becky Sexson

Baird & Warner License #475172557

Baird & Warner

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 1927 | 2007

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $357 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Year Built | Renovated

1927 | 2007

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 91-100 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2007
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1927
  • Year Renovated: 2007

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X16, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X7, On Level: Main Level
  • Additional Rooms: Deck
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level
  • Additional Room 1 Name: Deck, Dimensions: 12X8, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Storms/Screens
  • Exposure: N (North), S (South), E (East)

Utilities

  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Dogs OK
  • Common Area Amenities: Storage
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 357
  • Management Contact Name: XXXXX
  • Management Phone: 000-000-0000X00000

Fee Information

  • Management Company: Self

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14053130241007

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 3

Tax Info

  • Taxes: 3902

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 21, 2021
Sold by
Lambertson Andrew
Bought by
King Jessica M
Seller's Agent
Melissa Young
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Becky Sexson
Baird & Warner
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$352,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,159
Avg. Annual Appreciation
5.78%
Original Mortgage
$216,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2007
Sold by
Spencer Scott and Spencer Anna Leena
Bought by
Lambertson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Sparapani Matthew W and Newberry Judith Alison
Bought by
Spencer Scott and Spencer Anna Leena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,875
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1998
Sold by
Sparapani Matthew W and Newberry Judith Alison
Bought by
Sparapani Matthew W and Newberry Judith Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1997
Sold by
5840 Wayne Inc
Bought by
Newberry Judith Alison and Sparapani Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
8.01%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King Jessica M $270,000 Attorney
Lambertson Andrew $238,500 Attorneys Title Guaranty Fun
Spencer Scott $192,500 World Title Guaranty Inc
Sparapani Matthew W -- Centennial Title Incorporate
Newberry Judith Alison $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Jessica M $216,000
Previous Owner Lambertson Andrew $238,500
Previous Owner Spencer Scott $182,875
Previous Owner Sparapani Matthew W $100,000
Previous Owner Newberry Judith Alison $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2021 05/06/21 Sold $270,000 0.0% --
04/03/2021 04/03/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $269,900 0.0% --
03/27/2021 03/27/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $269,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $4,575 $28,493 $5,317 $23,176
2024 $4,575 $28,493 $5,317 $23,176
2023 $5,142 $25,000 $4,275 $20,725
2022 $5,142 $25,000 $4,275 $20,725
2021 $4,357 $24,999 $4,275 $20,724
2020 $3,909 $20,649 $2,458 $18,191
2019 $3,901 $22,848 $2,458 $20,390
2018 $3,835 $22,848 $2,458 $20,390
2017 $4,341 $23,540 $2,137 $21,403
2016 $4,215 $23,540 $2,137 $21,403
2015 $4,055 $24,754 $2,137 $22,617
2014 $3,523 $21,557 $1,629 $19,928
2013 $3,442 $21,557 $1,629 $19,928
Source: Public Records

Agents Affiliated with this Home

  • Melissa Young

    Seller's Agent in 2021

    Melissa Young

    Berkshire Hathaway HomeServices Chicago

    (773) 405-6733

    18 in this area

    75 Total Sales

    Melissa Young
    Section Image
  • Becky Sexson

    Buyer's Agent in 2021

    Becky Sexson

    Baird Warner

    (847) 772-0864

    2 in this area

    161 Total Sales

    Becky Sexson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11029816

Midwest Real Estate Data (MRED)

APN: 14-05-313-024-1007

Illinois Cook County Chicago 60660 Edgewater

5842 N Wayne Ave Unit 3, Chicago, IL

Not Listed for Sale

Condos

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