NOT LISTED FOR SALE

5937 N Magnolia Ave Unit G Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $280,000 - $347,835

2 Beds
2 Baths
-- Sq Ft
$270/mo HOA Fee

Last Sold July 19, 2021

Last sale price $243,250

Est. 31% increase in value since last sale

Current estimated payment $2,382/month

86 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Thorndale Station
  • Bonus Room
  • Main Floor Bedroom
  • Whirlpool Bathtub
  • 1-minute walk to Broadway Armory Park

About This Home

As of July 2021

Welcome to Magnolia Glen and this exceptionally large and bright 2bed/2bath condo with huge patio just a couple blocks to the beach. Upon entry, the gas fire place and large Living Room welcome you. A front sunroom is perfect for a home office. The Primary bedroom has great space, and features organized closets and a primary bath with beautiful stone finishes. The kitchen is contemporary and opens to a large dining space. A huge patio is just off the kitchen. The 2nd bedroom is ample and has great closets. The 2nd bath has a tub/shower combo and is in great shape. The association is professionally managed. Rental parking options available in the neighborhood, but street parking availability is very good. Walk to Senn dog park, Whole Foods, great area restaurants, the beach and lakefront path, The L and more.

Last Agent to Sell the Property

John Wyman

@properties Christie's International Real Estate Listed on: 02/23/2021

@properties Christie's International Real Estate

Co-Listed By

Kathleen Cooper

@properties Christie's International Real Estate License #475156155

Last Buyer's Agent

Cindy Gaffney

Compass License #475122289

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,475

Year Renovated

  • 2009

Lot Details

  • 7,013

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 13 Units
  • Manager Association
  • Property managed by Management

Amenities

  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,475

Year Renovated

2009

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: G
  • Rehab Year: 2009
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2009

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, Laundry Hook-Up in Unit, Storage
  • Room Type: Bonus Room
  • Stories Total: 3
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room

Exterior Features

  • ExteriorFeatures: Patio, End Unit
  • List Price: 240000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 270
  • Association Amenities: Bike Room/Bike Trails, Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Management
  • Management Contact Name: Manager
  • Management Phone: 111-111-1111

Fee Information

  • Association Fee Includes: Water, Insurance, 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: 999

Tax Info

  • Tax Annual Amount: 4475.33
  • Tax Year: 2019

Multi Family

  • Units in Building: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jul 15, 2021
Sold by
Gallick Kevin J and Puentes Bricia
Bought by
Donahue Susan C
Seller's Agent
John Wyman
@properties Christie's International Real Estate
Buyer's Agent
Cindy Gaffney
Compass
List Price
$260,000
Sold Price
$243,250
Premium/Discount to List
-$16,750
-6.44%
Current Estimated Value
$319,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,934
Avg. Annual Appreciation
7.02%
Original Mortgage
$187,400
Outstanding Balance
$173,240
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$147,183

Purchase Details

Closed on
Oct 18, 2007
Sold by
Gallick Kevin J and Puentes Bricia
Bought by
Gallick Kevin J and Puentes Bricia
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
Donahue Susan C $234,500 Attorney
Gallick Kevin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue Susan C $187,400
Previous Owner Gallick Kevin J $118,000
Previous Owner Goebel Daniel K $45,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $243,250 +1.4% --
05/20/2021 05/20/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $240,000 -4.0% --
03/26/2021 03/26/21 Price Changed $250,000 -3.8% --
02/23/2021 02/23/21 For Sale $260,000 0.0% --
10/31/2016 10/31/16 Rented $1,675 0.0% --
10/18/2016 10/18/16 For Rent $1,675 +8.1% --
10/28/2015 10/28/15 For Rent $1,550 -4.0% --
10/28/2015 10/28/15 Rented $1,615 -- --
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 $4,364 $25,655 $4,221 $21,434
2023 $4,936 $24,000 $3,394 $20,606
2022 $4,936 $24,000 $3,394 $20,606
2021 $4,826 $23,999 $3,394 $20,605
2020 $4,485 $20,131 $1,951 $18,180
2019 $4,475 $22,275 $1,951 $20,324
2018 $4,400 $22,275 $1,951 $20,324
2017 $2,959 $17,120 $1,697 $15,423
2016 $2,929 $17,120 $1,697 $15,423
2015 $2,657 $17,120 $1,697 $15,423
2014 $2,234 $14,608 $1,293 $13,315
2013 $2,179 $14,608 $1,293 $13,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11001985

Midwest Real Estate Data (MRED)

APN: 14-05-304-014-1005