NOT LISTED FOR SALE

3031 W 5th Ave Chicago, IL 60612

Garfield Park Neighborhood

Estimated Value: $59,288

0.07 Acres
$846,971 Price per Acre
3,049 Sq Ft Lot

Sale Details

Date Sold: June 2, 2022

Last sale price $49,000

Est. 21% increase in value since last sale

Current estimated payment $456 / mo

257 Days on Market

About This Lot

As of June 2022

Chicago land zoned for C1-2 retail storefronts and allows more business types than B1 districts, including liquor stores, warehouses, and auto shops. Apartments permitted above the ground floor. The dimensions are 24x125, title is clean, land well maintained and ready for development. Seller is open to doing seller financing to help a developer get the project off the ground.

Last Agent to Sell the Property

Gregorio Cirone

xr realty License #471003959 Listed on: 07/01/2021

Co-Listed By

Adam Ramahi

xr realty License #475181710

Last Buyer's Agent

Christian Searles

Alec Realty Group, LLC License #471022791

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,252

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 24 x 125
  • Property is zoned SINGL

Utilities

  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$1,252

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 24 X 125
  • Zoning: SINGL
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1251.8
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Searles Group Llc
Bought by
Current Estimated Value
$59,288

Purchase Details

Listed on
Jul 1, 2021
Closed on
Apr 21, 2022
Sold by
Battaglia Peter
Bought by
Searles Group Llc
Seller's Agent
Gregorio Cirone
xr realty
Buyer's Agent
Christian Searles
Alec Realty Group, LLC
List Price
$75,000
Sold Price
$49,000
Premium/Discount to List
-$26,000
-34.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
May 5, 2004
Sold by
North Star Trust Co
Bought by
Battaglia Peter

Purchase Details

Closed on
Nov 7, 2002
Sold by
Orr David D
Bought by
North Star Trust Company and Trust #00-3042
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Garfield Park, IL

  • Marla Schneider Real Estate Agent - Coldwell Banker Realty

    Marla Schneider

    Coldwell Banker Realty

    (224) 258-0591

    253 Total Sales

    6 in Garfield Park

    $34K - $400K Price Range

    Marla Schneider
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  • Armando Chacon Real Estate Agent - Century 21 S.G.R., Inc.

    Armando Chacon

    Responds Quickly

    Century 21 S.G.R., Inc.

    (888) 310-0896

    96 Total Sales

    2 in Garfield Park

    $230K - $355K Price Range

    Armando Chacon
     Section Image
  • Leslie Roman Real Estate Agent - Realty of America, LLC

    Leslie Roman

    Realty of America, LLC

    (844) 937-1534

    47 Total Sales

    3 in Garfield Park

    $190K - $299K Price Range

    Leslie Roman
     Section Image
  • LaShonda Williams Real Estate Agent - Living Well Realty Co.

    LaShonda Williams

    Living Well Realty Co.

    (708) 340-6460

    69 Total Sales

    4 in Garfield Park

    $130K - $616K Price Range

    LaShonda Williams
     Section Image
  • Allan McLeod-Smith Real Estate Agent - Smith and Jones Realty, LLC

    Allan McLeod-Smith

    Smith and Jones Realty, LLC

    (708) 809-2314

    63 Total Sales

    1 in Garfield Park

    $360,000 Price

    Allan McLeod-Smith
     Section Image
  • Ana Sandoval-Cremieux Real Estate Agent - Compass

    Ana Sandoval-Cremieux

    Compass

    (844) 983-3106

    123 Total Sales

    4 in Garfield Park

    $122K - $425K Price Range

    Ana Sandoval-Cremieux
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Searles Group Llc $49,000 None Listed On Document
Battaglia Peter $30,000 Git
North Star Trust Company -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $49,000 -34.7% --
03/16/2022 03/16/22 Pending -- -- --
07/01/2021 07/01/21 For Sale $75,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,522 $4,531 $4,531
2024 $1,522 $4,531 $4,531
2023 $1,483 $7,188 $7,188
2022 $1,483 $7,188 $7,188 $0
2021 $1,450 $7,187 $7,187 $0
2020 $1,606 $7,187 $7,187 $0
2019 $1,449 $7,187 $7,187 $0
2018 $1,424 $7,187 $7,187 $0
2017 $1,350 $6,250 $6,250 $0
2016 $1,252 $6,250 $6,250 $0
2015 $1,145 $6,250 $6,250 $0
2014 $1,160 $6,250 $6,250 $0
2013 $1,137 $6,250 $6,250 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregorio Cirone Real Estate Agent - xr realty

    Seller's Agent in 2022

    Gregorio Cirone

    xr realty

    (708) 415-6755

    2 in this area

    508 Total Sales

    Gregorio Cirone
    Section Image
  • Adam Ramahi Real Estate Agent - xr realty

    Seller Co-Listing Agent in 2022

    Adam Ramahi

    xr realty

    (708) 250-4001

    2 in this area

    130 Total Sales

    Adam Ramahi
    Section Image
  • Christian Searles Real Estate Agent - Alec Realty Group, LLC

    Buyer's Agent in 2022

    Christian Searles

    Alec Realty Group, LLC

    (708) 267-5519

    1 in this area

    8 Total Sales

    Christian Searles
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11141275

Midwest Real Estate Data (MRED)

APN: 16-13-115-002-0000

Illinois Cook County Chicago 60612 Garfield Park

3031 W 5th Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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