Seller's Agent in 2024
Peter Drossos
Peter Drossos Real Estate
(773) 593-5626
5 in this area
188 Total Sales
4935 W Cullom Ave Chicago, IL 60641
Portage Park Neighborhood
9
Beds
3
Baths
2,574
Sq Ft
3,485
Sq Ft Lot
Highlights
- Gated Community
- Fenced Yard
- Enclosed Patio or Porch
- Property is near park
- 2 Car Detached Garage
- Two Heating Systems
About This Home
As of June 2024WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON WEDNESDAY, MAY 22, 2024. This all brick, Portage Park legal 2-unit with a garden unit, which makes for a perfect investment; or, you can live in one unit and rent out the other units. Also, keep this in mind: single-family homes alone are selling way north of $400,000 nowadays and multi-unit dwellings are way cheaper on a per unit basis. And what is the best part besides the area? The mechanicals. They are in tip-top shape. Simply put, this property has been well-maintained by a long-time homeowner! This building is the epitome of pride of ownership and each unit is sprawling and spacious with some really tall ceilings for that comfy vibe. Equally important, each unit features hardwood floors throughout, three or four bedrooms, a bathroom and an updated kitchen with white, shaker style cabinets, a classy black granite piece chased up with subway tiles and a new stainless steel appliance set. The kitchen is huge and it is perfect for family gatherings and entertaining friends. The garden unit features two bedrooms and a bathroom, and it is perfect for that solo person or couple. Additionally, there is also a coin-operated washer and dryer in the common area just outside of the garden unit, and an enclosed, rear porch as well as a detached, 2-car garage. You can even rent one garage space or both garage spaces for additional income. This property is close to it all: a few minutes away from the Kennedy expressway, steps away from the Montrose Blue Line, in near proximity to O'Hare Airport, famous Gale Street Inn and Bacci Pizza, schools, parks, coffee shops, shopping and restaurants. The location is unbeatable! All types of financing will be considered as well: conventional, FHA and VA! Show and sell. Easy to show. A true 10! A must see.
Last Agent to Sell the Property
Peter Drossos Real Estate License #471010251 Listed on: 05/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,644
Year Built
- Built in 1916
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30 x 125
- Fenced Yard
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 3 Bathrooms
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Enclosed Patio or Porch
- Property is near park
Community Details
- 2 Units
- Gross Income $21,000
- Gated Community
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $715,000 | -4.7% | $278 / Sq Ft |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 05/19/2024 05/19/24 | For Sale | $750,000 | -- | $291 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $8,867 | $58,000 | $13,125 | $44,875 |
| 2024 | $8,867 | $58,000 | $13,125 | $44,875 |
| 2023 | $8,644 | $42,000 | $10,500 | $31,500 |
| 2022 | $8,644 | $42,000 | $10,500 | $31,500 |
| 2021 | $8,451 | $42,000 | $10,500 | $31,500 |
| 2020 | $6,548 | $29,377 | $5,437 | $23,940 |
| 2019 | $5,470 | $33,383 | $5,437 | $27,946 |
| 2018 | $4,764 | $33,383 | $5,437 | $27,946 |
| 2017 | $5,100 | $34,663 | $4,875 | $29,788 |
| 2016 | $5,445 | $34,663 | $4,875 | $29,788 |
| 2015 | $5,233 | $34,663 | $4,875 | $29,788 |
| 2014 | $5,189 | $33,116 | $4,500 | $28,616 |
| 2013 | $5,549 | $33,116 | $4,500 | $28,616 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Drossos
-
Klopas Stratton Team
Buyer's Agent in 2024
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
(312) 927-0334
4 in this area
583 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12060131
APN: 13164090140000
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