NOT LISTED FOR SALE

5902 W Madison St Unit 3 Chicago, IL 60644

Austin Neighborhood

Estimated Value: $93,814 - $177,000

1 Bed
1 Bath
750 Sq Ft
$108/mo HOA Fee

Last Sold December 03, 2018

Last sale price $52,000 $69 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $730/month

153 Days on Market

About This Home

As of December 2018

WONDERFUL OPPORTUNITY TO OWN THIS GORGEOUS, BEAUTIFULLY REHABBED TOP FLOOR UNIT WITH LOTS OF NATURAL LIGHT. FABULOUS LAYOUT, FEATURES HARDWOOD FLOORING THROUGHOUT, GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, CENTRAL AIR, AND IN-UNIT LAUNDRY. CONVENIENT LOCATION - JUST STEPS FROM PARKS, TRANSPORTATION, SHOPPING & DINNING! SECURE BUILDING/INTERCOM, QUIET PLACE WITH ONLY A FEW NEIGHBORS. RENTAL IS ALLOWED. GREAT UNIT, GOOD VALUE. DO NOT MISS THIS ONE. OWNER IS A LICENSED REAL ESTATE PROFESSIONAL.

Last Agent to Sell the Property

Irena Siman

Luxara Real Estate LLC Listed on: 05/03/2018

Co-Listed By

Kosta Shamata

Luxara Real Estate LLC License #471019146

Last Buyer's Agent

Ruth Torres

RE/MAX Partners License #475171261

RE/MAX Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $347

Year Renovated

  • 2016

Lot Details

  • 4,487

HOA Fees

  • $108 per month

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Community Details

  • Pets Allowed

Listing and Financial Details

  • $2,060 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$347

Year Renovated

2016

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 750

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Exterior Maintenance, Scavenger
  • Assessment Association Fees: 108
  • Management Contact Name: Shawanda
  • Management Phone: 312-662-3060

Fee Information

  • Management Company: Madison & Mayfield Condo Assoc

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 16084190421004

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 1009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Dec 3, 2018
Sold by
Siman Irena V
Bought by
Palazzolo James Paul
Seller's Agent
Irena Siman
Luxara Real Estate LLC
Buyer's Agent
Ruth Torres
RE/MAX Partners
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%
Current Estimated Value
$108,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,226
Avg. Annual Appreciation
11.76%
Original Mortgage
$37,000
Outstanding Balance
$33,107
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$76,440

Purchase Details

Listed on
Jul 16, 2015
Closed on
Jan 20, 2016
Sold by
Fannie Mae
Bought by
Siman Irene V
Seller's Agent
Adam Wavrunek
Domain Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$54,900
Sold Price
$33,600
Premium/Discount to List
-$21,300
-38.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%

Purchase Details

Closed on
Jul 21, 2014
Sold by
Rogers Heidi
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 9, 2008
Sold by
5900 Madison Llc
Bought by
Rogers Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.17%
Mortgage Type
Unknown
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
Palazzolo James Paul $52,000 Chicago Title
Siman Irene V -- First American Title
Federal National Mortgage Association -- None Available
Rogers Heidi $88,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzolo James Paul $37,000
Closed Palazzolo James $15,000
Previous Owner Rogers Heidi $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $52,000 -5.3% $69 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $54,900 0.0% $73 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $54,900 -1.8% $73 / Sq Ft
07/02/2018 07/02/18 Price Changed $55,900 -1.8% $75 / Sq Ft
06/04/2018 06/04/18 Price Changed $56,900 -1.7% $76 / Sq Ft
05/17/2018 05/17/18 Price Changed $57,900 -3.3% $77 / Sq Ft
05/03/2018 05/03/18 For Sale $59,900 +78.3% $80 / Sq Ft
01/28/2016 01/28/16 Sold $33,600 -15.8% $45 / Sq Ft
01/05/2016 01/05/16 Price Changed $39,900 +18.8% $53 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
10/15/2015 10/15/15 Off Market $33,600 -- --
09/17/2015 09/17/15 Price Changed $39,900 -16.0% $53 / Sq Ft
08/18/2015 08/18/15 Price Changed $47,500 -13.5% $63 / Sq Ft
07/16/2015 07/16/15 For Sale $54,900 -- $73 / 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 $347 $6,600 $461 $6,139
2023 $317 $4,962 $327 $4,635
2022 $317 $4,962 $327 $4,635
2021 $328 $4,960 $326 $4,634
2020 $695 $6,221 $326 $5,895
2019 $1,563 $7,777 $326 $7,451
2018 $1,920 $9,722 $326 $9,396
2017 $1,084 $5,037 $288 $4,749
2016 $1,009 $5,037 $288 $4,749
2015 $923 $5,037 $288 $4,749
2014 $885 $4,772 $206 $4,566
2013 $868 $4,772 $206 $4,566
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2018

    Irena Siman

    Luxara Real Estate LLC

    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kosta Shamata

    Luxara Real Estate LLC

    Section Image
  • Ruth Torres

    Buyer's Agent in 2018

    Ruth Torres

    RE/MAX Partners

    (224) 735-1923

    1 in this area

    52 Total Sales

    Section Image
  • Adam Wavrunek

    Seller's Agent in 2016

    Adam Wavrunek

    Domain Realty

    (773) 235-9142

    5 in this area

    69 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09937529

Midwest Real Estate Data (MRED)

APN: 16-08-419-042-1004

Illinois Cook County Chicago 60644 Austin

5902 W Madison St Unit 3, Chicago, IL

This home is located at 5902 W Madison St Unit 3, Chicago, IL 60644 since 03 May 2018 and is currently estimated at $119,704, approximately $159 per square foot. 5902 W Madison St Unit 3 is a home located in Cook County with nearby schools including Depriest Elementary School, Catalyst Charter-Circle Rock Elementary School, and St. Catherine - St. Lucy School.

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