NOT LISTED FOR SALE

6551 S University Ave Unit 101 Chicago, IL 60637

Woodlawn Neighborhood

Estimated Value: $195,000 - $261,000

3 Beds
2 Baths
-- Sq Ft
$321/mo HOA Fee

Last Sold October 27, 2021

Last sale price $208,000

Est. 17% increase in value since last sale

Current estimated payment $1,964/month

6 Days on Market

Highlights

  • Whirlpool Bathtub
  • Combination Dining and Living Room
  • 2-minute walk to Boswell (Arnita Young) Park
  • Resident Manager or Management On Site

About This Home

As of October 2021

Location, location, location... This is exactly what you get with this 3 bed 2 bath duplex located in one of the fastest growing neighborhoods in Chicago. This property is close to the University of Chicago, Lake Michigan, public transportation, 15 mins away from Downtown Chicago, and so much more new construction and development proposed for the emerging neighborhood. This condo is perfect for people looking to spread around between two levels of living space come take a tour of this place before it's gone.

Last Agent to Sell the Property

Jasmine Baynes

EXIT Strategy Realty License #475159710 Listed on: 07/22/2021

EXIT Strategy Realty

Co-Listed By

Leif Lockhart

Atlas Asset Management Realty LLC License #475189890

Last Buyer's Agent

Sophia Coleman

@properties Christie's International Real Estate License #475183057

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,599

Year Built

  • 1900

Lot Details

  • 0.29

HOA Fees

  • $321 per month

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • Whirlpool Bathtub
  • Combination Dining and Living Room
  • Finished Basement
  • Finished Basement Bathroom

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Community Details

Overview

  • 16 Units
  • Association Phone (773) 913-2569
  • Property managed by Connected Property Management

Pet Policy

  • Pets Allowed
  • Pets up to 35 lbs

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,599

Year Built

1900

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: 1/2 Duplex,Condo
  • Property Sub Type: 1/2 Duplex,Condo
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Co List Office Mls Id: MRD87179
  • Co List Office Phone: (312) 617-8095
  • Directions: 63RD ST TO WOODLAWN, S TO 66TH (MARQUETTE), E TO BLDG
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Dining Room Type: No additional rooms
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Sewer: Other
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Connected Property Management
  • Management Contact Name: Unknown
  • Management Phone: 773-913-2569
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 35

Multi Family

  • Units in Building: 16

Tax Info

  • Tax Annual Amount: 1571.33
  • Tax Year: 2019

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 16, 2021
Sold by
Icarus Holdings 4 Llc
Bought by
Leggeett Jacqueline D
Seller's Agent
Jasmine Baynes
EXIT Strategy Realty
Buyer's Agent
Sophia Coleman
@properties Christie's International Real Estate
List Price
$199,000
Sold Price
$208,000
Premium/Discount to List
$9,000
4.52%
Current Estimated Value
$243,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,218
Avg. Annual Appreciation
6.82%
Original Mortgage
$204,232
Outstanding Balance
$187,626
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$79,283

Purchase Details

Closed on
Dec 30, 2020
Sold by
Icarus Holdings Portfolio Llc
Bought by
Icarus Holdings 4 Llc

Purchase Details

Closed on
Nov 13, 2018
Sold by
Icarus Investment Group Llc
Bought by
Icarus Holdings Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,732,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
Icarus Investment Group Llc

Purchase Details

Closed on
Sep 29, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Feb 4, 2014
Sold by
Williams
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 12, 2008
Sold by
Anthony Joel N
Bought by
Williams Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,523
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2002
Sold by
Harris Trust & Svgs Bank
Bought by
Anthony Joel N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,850
Interest Rate
6.87%
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
Leggeett Jacqueline D $208,000 Attorney
Icarus Holdings 4 Llc -- Attorney
Icarus Holdings Portfolio Llc -- Chicago Title
Icarus Investment Group Llc $39,000 Ct
Bayview Loan Servicing Llc -- Ct
Jpmorgan Chase Bank National Association -- Attorneys Title Guaranty Fun
Williams Dawn $225,000 First American
Anthony Joel N $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leggett Jacqueline D $9,686
Closed Leggett Jacqueline D $4,821
Open Leggeett Jacqueline D $204,232
Previous Owner Icarus Holdings Portfolio Llc $1,732,000
Previous Owner Williams Dawn $221,523
Previous Owner Anthony Joel N $147,625
Previous Owner Anthony Joel N $146,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $208,000 +4.5% --
07/29/2021 07/29/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $199,000 -- --
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 $3,599 $21,701 $926 $20,775
2023 $3,496 $17,000 $926 $16,074
2022 $3,496 $17,000 $926 $16,074
2021 $3,418 $16,999 $926 $16,073
2020 $1,581 $7,099 $814 $6,285
2019 $1,571 $7,821 $814 $7,007
2018 $1,545 $7,821 $814 $7,007
2017 $1,616 $7,509 $740 $6,769
2016 $1,504 $7,509 $740 $6,769
2015 $2,489 $13,581 $740 $12,841
2014 $2,330 $15,126 $611 $14,515
2013 $2,273 $15,126 $611 $14,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11164822

Midwest Real Estate Data (MRED)

APN: 20-23-118-034-1001