NOT LISTED FOR SALE

Cumberland Crossing 5555 N Cumberland Ave Unit 507 Chicago, IL 60656

O'Hare Neighborhood

Estimated Value: $233,226 - $309,000

1 Bed
1 Bath
1,050 Sq Ft
$263/mo HOA Fee

Last Sold July 26, 2021

Last sale price $192,500 $183 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,987/month

33 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Oriole Park Elementary School Rated 9+
  • Resident Manager or Management On Site
  • Central Air

About This Home

As of July 2021

You will be impressed with this one bedroom condo featuring a bright southern view. Includes a nice balcony where you soak in the sun. there is a spacious kitchen with eating area and lots of cabinet space. The laundry room has full size washer/dryer and additional storage. The parking space is assigned. The location provides lots of conveniences - walk to Blue Line, easy access to expressway to the city and airport. Taxes do not reflect home owners exemption.

Last Listed By

Susan James

@properties Christie's International Real Estate License #471007926 Listed on: 05/24/2021

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1999

Lot Details

  • 1.32

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 90 Units
  • Property Manager Association, Phone Number (630) 985-2500
  • Property managed by MC Property Management Company
  • 9-Story Property

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,896

Year Built

Built in 1999

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1050
  • Room Type: No additional rooms
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: South
  • ExteriorFeatures: Balcony, Master Antenna, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 199900
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 263
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: MC Property Management Company
  • Management Contact Name: Property Manager
  • Management Phone: 630-985-2500

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: INTEGRAL
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3896.02
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 21, 2021
Sold by
Principe Dalila
Bought by
Hutchings Denice H
Seller's Agent
Susan James
@properties Christie's International Real Estate
Buyer's Agent
Jonathan Ramos
xr realty
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%
Total Days on Market
33
Current Estimated Value
$254,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,557
Avg. Annual Appreciation
6.67%
Original Mortgage
$182,875
Outstanding Balance
$168,996
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$76,243

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 6, 2015
Sold by
Sampson Jenny
Bought by
Principe Dalila
Seller's Agent
Patrick Roberts
Dream Town Real Estate
Buyer's Agent
Susan James
@properties Christie's International Real Estate
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$153,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Deboer Joseph W
Bought by
Sampson Jenny

Purchase Details

Closed on
Jun 19, 2003
Sold by
Deboer Joseph W
Bought by
Deboer Joseph W and Joseph W Deboer Trust

Purchase Details

Closed on
Mar 28, 2003
Sold by
Brankin Ryan
Bought by
Deboer Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.94%

Purchase Details

Closed on
Sep 21, 2000
Sold by
Cumberland Development Llc
Bought by
Brankin Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.63%

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
Hutchings Denice H $192,500 Chicago Title
Principe Dalila $170,000 Attorney
Sampson Jenny $226,000 Multiple
Deboer Joseph W -- --
Deboer Joseph W $200,000 Stewart Title Guaranty Compa
Brankin Ryan $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Denice H $182,875
Previous Owner Principe Dalila $153,000
Previous Owner Deboer Joseph W $194,400
Previous Owner Deboer Joseph W $190,000
Previous Owner Brankin Ryan $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $192,500 -3.7% $183 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $199,900 +17.6% $190 / Sq Ft
08/20/2015 08/20/15 Sold $170,000 -5.0% $162 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $179,000 -- $170 / 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 $3,702 $20,055 $1,182 $18,873
2023 $3,702 $18,000 $946 $17,054
2022 $3,702 $18,000 $946 $17,054
2021 $3,619 $17,999 $945 $17,054
2020 $3,333 $14,963 $591 $14,372
2019 $3,337 $16,607 $591 $16,016
2018 $3,280 $16,607 $591 $16,016
2017 $2,827 $13,134 $520 $12,614
2016 $2,631 $13,134 $520 $12,614
2015 $2,407 $13,134 $520 $12,614
2014 $2,158 $11,629 $496 $11,133
2013 $2,115 $11,629 $496 $11,133
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11098809

Midwest Real Estate Data (MRED)

APN: 12-11-200-031-1033