Stand by
USDAProperties.com is making sense of this chaotic market...

 

 

 

$199,900   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
5728 S King Dr Unit 3
Chicago, IL 60637
3 bed 2 bath unknown SqFt ($0/SqFt)
Built 1900
Listed 2024-06-13, HOA $298, Taxes $604
Ⓧ USDA Ineligible
due to location

near Chicago

Great Unit

But CASH ONLY, as the building is ineligible for financing with Fannie Mae. Updated and super clean, investor-friendly 3 bedroom 2 bathroom condo with in-unit laundry and porch in the Parkville Condominium building located directly across from Historic Washington Park! Great floor plan flow, hardwood floors, roomy kitchen and lots of natural light. Fantastic location sitting on one of Chicago's storied parks which features 345 acres of public green space featuring nature areas, gardens, arboretum, lagoon, playgrounds, ballfields, courts, gymnasium, cultural events, community programs.

the list goes on. Close to shopping, I-90, The Lakefront, University of Chicago, Museum of Science and Industry with Bus Transportation t o downtown Chicago right in front of the building. INVESTOR FRIENDLY building allows rentals. Ratio of rental units vs. owner occupied units is approx. 50/50. PLEASE NOTE: Pending litigation regarding deferred building maintenance will require CASH ONLY purchase. Building work to be done in phases via phased special assessments. Current 6 month special will be paid by the seller at clsing. Building is ineligible in Fannie Mae's condo database.


Presented by Spiro Georgelos at
Standard Properties Group Llc.
Listing Agent Photo

Property MLS #12076108 from MRED

Bedrooms: 3
Bedrooms Possible: 3
Primary Bedroom Dimensions: 11 x 14
Bedroom 2 Dimensions: 10 x 11
Bedroom 3 Dimensions: 10 x 12
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Rooms: 6
Laundry: 4 x 6
Laundry Level: Main
Living Room Dimensions: 11 x 17
Living Room Level: Main

Total Bathrooms: 2
Full Bathrooms: 2

Hardwood Floors

Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Laundry Features: In Unit

Cooling Features: Central Air
Heating Features: Natural Gas, Forced Air

Dining Area Dimensions: 11 x 11
Dining Area Level: Main
Kitchen Dimensions: 10 x 17
Kitchen Level: Main

Lot Description: Park Adjacent

Association: Yes
Association Fee: 298
Association Fee Frequency: Monthly
Association Fee Includes: Water, Exterior Maintenance, Scavenger, Snow Removal
Calculated Total Monthly Association Fees: 298

High School District: 299

Carter Elementary School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Phillips Academy High School is a public high school located approximately 2.4 miles away.
directions icon Map directions

Hunter-Bolden Academy is a private high school located approximately 0.3 miles away.
directions icon Map directions

Annual Tax Amount: 619.00
Source Listing Status: Active
County: Cook
Directions: Take Garfield Blvd East to King Dr and head South to 5728
Tax Year: 2022
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Parcel Number: 20151180221008
Township: Hyde Park
Management Company: Tribe Real Estate
Property Subtype: Attached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$1,499 + $1,499
$2,998
$604
2020$6,422 + $2,124
$8,546
$1,903
2019$8,559 + $2,124
$10,683
$2,146
2018$8,559 + $2,124
$10,683
$2,110
2017$5,091 + $1,749
$6,840
$478
2016$5,091 + $1,749
$6,840
$869
2015$5,091 + $1,749
$6,840
$772
2014$9,261 + $1,499
$10,760
$1,519
2013$9,261 + $1,499
$10,760
$1,478
2012$9,261 + $1,499
$10,760
$1,483
2011$12,540 + $1,999
$14,539
$2,028
2010$12,540 + $1,999
$14,539
$2,069
2009$12,540 + $1,999
$14,539
$1,989
2007$13,611 + $1,249
$14,860
$1,620
2006$13,611 + $1,249
$14,860
$1,607

Listed 2024-06-13
$199,900
MRED
Sold 2007-09-28
$205,000
Public Record
Sold 2000-01-06
$119,000
Public Record

Electric: Circuit Breakers
Sewer: Public Sewer, Sewer-Storm
Water Source: Lake Michigan, Public

Year Built: 1900
Property Age: 124
Levels or Stories: 4
Structure Type: Condo
Click Thumbnail Images To View Full Size
house_viewhouse_viewunknownunknownunknown
living_roomliving_roomliving_roomliving_roomunknown
unknownunknownunknownunknownbedroom
bedroombedroombedroombedroombathroom
bathroomdining_roomdining_roomkitchenkitchen
kitchenlaundry_roomunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.