NOT LISTED FOR SALE

Condominium on the Lake 6157 N Sheridan Rd Unit 24M Chicago, IL 60660

Edgewater Neighborhood

Estimated Value: $196,000 - $251,000

2 Beds
1 Bath
-- Sq Ft
$520/mo HOA Fee

Last Sold December 29, 2014

Last sale price $125,000

Est. 77% increase in value since last sale

Current estimated payment $2,040/month

84 Days on Market

Highlights

  • Doorman
  • 4-minute walk to Granville Station
  • Lock-and-Leave Community
  • Fitness Center
  • Waterfront
  • 1-minute walk to Park No. 559

About This Home

As of December 2014

Spectacular lake and city views! Large corner two bedroom with balcony. New carpeting, New kitchen and appliances, marble tile floorings, newer bathroom. Assessment includes heat, air, cable , 24 hour doorman. conveniently located to shops and restaurants. Transportation outside you door. Pre-approval with all offer and if Cash, proof of funds. Thank you

Last Agent to Sell the Property

Peter Kassis

Kassis Realty Group License #471010723 Listed on: 09/02/2014

Last Buyer's Agent

Luis Campoverde

RE/MAX Partners License #475108034

RE/MAX Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,935

Lot Details

  • Waterfront

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Transferrable Lease on Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • SpacePak Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 268 Units
  • Chris Association, Phone Number (773) 761-6157
  • El Lago Subdivision
  • Property managed by Sudler
  • Lock-and-Leave Community
  • 25-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,935

Lot Details

0

HOA Fees

$520 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: EL LAGO
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): Yes
  • Unit Floor Level: 25
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 25
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 137000
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Transferrable Lease
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac
  • Heating: Natural Gas, Heat Pump
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 520
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Management Company: Sudler
  • Management Contact Name: Chris
  • Management Phone: 773-761-6157X2
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, Doorman, TV/Cable, 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

Tax Info

  • Tax Annual Amount: 1935
  • Tax Year: 2013
  • Tax Exemptions: None

Multi Family

  • Units in Building: 268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Dec 22, 2014
Sold by
Qureshi Humayun and Qureshi Qudsia
Bought by
Leon Moises
Seller's Agent
Peter Kassis
Kassis Realty Group
Buyer's Agent
Luis Campoverde
RE/MAX Partners
List Price
$139,999
Sold Price
$125,000
Premium/Discount to List
-$14,999
-10.71%
Current Estimated Value
$221,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,160
Avg. Annual Appreciation
5.48%
Original Mortgage
$50,000
Outstanding Balance
$38,194
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$181,319

Purchase Details

Closed on
Oct 29, 1999
Sold by
Pekic Thomas E
Bought by
Qureshi Humayun and Qureshi Qudsia

Purchase Details

Closed on
Jun 11, 1999
Sold by
Lopez Rebecca A
Bought by
Pekic Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.75%

Purchase Details

Closed on
May 4, 1998
Sold by
Wasserman Joel J
Bought by
Lopez Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
7.19%

Purchase Details

Closed on
Jul 22, 1996
Sold by
First Bank National Assn
Bought by
Wasserman Joel J
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
Leon Moises $125,000 First American Title Ins Co
Qureshi Humayun $88,000 --
Pekic Thomas E $80,000 Professional National Title
Lopez Rebecca L $75,000 --
Wasserman Joel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Moises $50,000
Previous Owner Pekic Thomas E $64,000
Previous Owner Lopez Rebecca L $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $125,000 -8.8% --
11/25/2014 11/25/14 Pending -- -- --
11/11/2014 11/11/14 Price Changed $137,000 -0.7% --
10/16/2014 10/16/14 Price Changed $138,000 -0.7% --
09/21/2014 09/21/14 Price Changed $138,999 -0.7% --
09/02/2014 09/02/14 For Sale $139,999 -- --
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 $3,587 $18,962 $1,519 $17,443
2023 $3,496 $17,000 $1,221 $15,779
2022 $3,496 $17,000 $1,221 $15,779
2021 $3,418 $16,999 $1,221 $15,778
2020 $3,133 $14,062 $702 $13,360
2019 $3,126 $15,559 $702 $14,857
2018 $3,073 $15,559 $702 $14,857
2017 $2,481 $11,527 $610 $10,917
2016 $2,309 $11,527 $610 $10,917
2015 $2,112 $11,527 $610 $10,917
2014 $1,974 $10,637 $465 $10,172
2013 $1,935 $10,637 $465 $10,172
Source: Public Records

Agents Affiliated with this Home

  • Peter Kassis

    Seller's Agent in 2014

    Peter Kassis

    Kassis Realty Group

    (312) 531-2327

    37 in this area

    73 Total Sales

    Peter Kassis
    Section Image

  • L

    Buyer's Agent in 2014

    Luis Campoverde

    RE/MAX Partners

    (708) 484-2300

    72 Total Sales

    Luis Campoverde
    Section Image
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About Condominium on the Lake

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08716442

Midwest Real Estate Data (MRED)

APN: 14-05-211-024-1256

Illinois Cook County Chicago 60660 Edgewater

6157 N Sheridan Rd Unit 24M, Chicago, IL

This home is located at 6157 N Sheridan Rd Unit 24M, Chicago, IL 60660 since 02 September 2014 and is currently estimated at $221,160. 6157 N Sheridan Rd Unit 24M is a home located in Cook County with nearby schools including Senn High School, Sacred Heart Schools, and Northside Catholic Academy.

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