NOT LISTED FOR SALE

Cumberland Crossing 5555 N Cumberland Ave Unit 604 Chicago, IL 60656

O'Hare Neighborhood

Estimated Value: $293,000 - $385,000

2 Beds
2 Baths
1,400 Sq Ft
$362/mo HOA Fee

Last Sold June 08, 2022

Last sale price $260,000 $186 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,461/month

16 Days on Market

Highlights

  • Whirlpool Bathtub
  • Corner Lot
  • 1 Car Attached Garage
  • Oriole Park Elementary School Rated 9+
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of June 2022

Wow! Amazing!!MOTIVATED SELLER!! Beautiful huge corner unit.****open concept**** Stop your search!! Well kept spacious 2 bedroom 2 bath ..W/ LAUNDRY IN THE UNIT,,condo in great location. Near O'Hare, expressway, commuter train, grocery stores, restaurants and more!! Indoor 1 car heated parking with storage #32. Lovely corner unit with balcony and really nice view! Must see estate!! Elevator building with welcoming lobby.

Last Listed By

Matteo Scimeca

RE/MAX AllStars License #475123456 Listed on: 04/27/2022

RE/MAX AllStars

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1997

Lot Details

  • 1.32

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Combination Dining and Living Room
  • Storage
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Accessibility Features

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Community Details

Overview

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

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,589

Year Built

Built in 1997

Lot Details

0

HOA Fees

$362 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
  • Year Built: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 6
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Appliances: Range, Washer, Dryer
  • Basement: None
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Storage
  • LivingArea: 1400
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 269900
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 362
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: MC Property Management
  • Management Contact Name: Anna
  • Management Phone: 630-985-2500
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 1589.25
  • Tax Year: 2020
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Piton Walter
Bought by
Clapa Grzegorz B
Total Days on Market
16
Current Estimated Value
$324,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$97,575
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$206,016

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 7, 2022
Sold by
Vito Losurdo Trust
Bought by
Piton Walter
Seller's Agent
Matteo Scimeca
RE/MAX AllStars
Buyer's Agent
Ewa Kocoj
Chicagoland Brokers, Inc.
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Aug 10, 2021
Sold by
Losurdo Vito
Bought by
Losurdo Vito and Losurdo Joseph

Purchase Details

Closed on
Feb 22, 2000
Sold by
Cumberland Development Llc
Bought by
Losurdo Vito

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
Clapa Grzegorz B -- None Listed On Document
Losurdo Vito -- Accommodation
Losurdo Vito $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapa Grzegorz B $100,000
Closed Clapa Grzegorz B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $260,000 -3.7% $186 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $269,900 -9.7% $193 / Sq Ft
04/30/2022 04/30/22 Price Changed $299,000 +0.3% $214 / Sq Ft
04/30/2022 04/30/22 Price Changed $298,000 -0.3% $213 / Sq Ft
04/27/2022 04/27/22 For Sale $299,000 -- $214 / 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 $3,464 $26,558 $1,566 $24,992
2023 $3,464 $23,001 $1,253 $21,748
2022 $3,464 $23,001 $1,253 $21,748
2021 $1,540 $22,999 $1,252 $21,747
2020 $1,589 $19,814 $782 $19,032
2019 $1,584 $21,991 $782 $21,209
2018 $1,561 $21,991 $782 $21,209
2017 $1,671 $17,392 $688 $16,704
2016 $2,072 $17,392 $688 $16,704
2015 $3,187 $17,392 $688 $16,704
2014 $1,974 $15,400 $657 $14,743
2013 $1,981 $15,400 $657 $14,743
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11382456

Midwest Real Estate Data (MRED)

APN: 12-11-200-031-1043