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Auction Information
Auctioneer Williams & Williams 800-801-8003
Auction Date Dec 16 Auction
Location
5490 S Shore Drive, Apt 4S
Chicago, IL
Time 02:00PM
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Auction Listing
AuctionZip Auctioneer ID# 4423
property photo
5490 S Shore Drive, Apt 4S Chicago, IL
Auctions: 2:00 PM 12/16/2016 Nominal Opening Bid: $100,000. 6BR 4BA 5,500+/- sf co-op in Jackson Shore Apartments, close to the University of Chicago. Built in 1917, designed by Rapp & Rapp to offer the conveniences of an apartment with the luxuries of a private home. Features include: hardwood floors, crown moldings, custom built-ins, generous storage and zoned central air conditioning. Other rooms include: a large entry with walk-in closet, large living room with wood burning fireplace, library, a circular sunroom, formal dining room with an adjacent butler’s pantry, laundry room and large kitchen. 4 of the bedrooms are large with walk-in closets and 2 were built to serve as maids’ rooms. The master bath has double sinks and a bidet. The apartment faces south and east with upgraded high efficiency double pane Marvin windows offering natural light with views of Promontory Point Park and Lake Michigan. Amenities of the co-op include a porte-cochere, 24-hour Doorman, a receiving room, an onsite property manager & engineer, passenger and service elevators, a game room, ground level storage and a large fenced backyard with children’s play equipment and grills. Apartment #4S is represented by 76 shares of stock of the building’s 1,534 shares. The current monthly assessment for the apt. includes the amenities mentioned above along with real estate taxes, building mortgage for capital improvements, heat, water, cable television, garbage collection, common area maintenance, common insurance, exterior maintenance, lawn care, snow removal and window washing, approximately $5,339 monthly. The sale of the shares is subject to the approval of the Board of Directors. Buyer’s wishing to obtain financing will likely need to have approval of qualification for the purchase price plus the monthly assessment. Note: A Buyer's Premium (Buyer's Fee in WI) will apply for this property. Please see Terms of Sale for details. Broker Licenses: IL Daniel S. Nelson, Managing Broker RE LIC 471.016793; Cody Lowderman AUC LIC 441.001255
Sale location: 5490 S Shore Drive, Apt 4S Chicago, IL 60615
MapQuest map |Property Flyer

IL Daniel S. Nelson, Managing Broker RE LIC 471.016793; Cody Lowderman AUC LIC 441.001255




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