NOT LISTED FOR SALE

4951 N Hamilton Ave Chicago, IL 60625

Ravenswood Neighborhood

Estimated Value: $742,000 - $2,066,426

0.08 Acre
$18,522,926 Price per Acre
3,528 Sq Ft Lot

Last Sold July 20, 2023

Last sale price $631,000

Est. 138% increase in value since last sale

Current estimated payment $8,947/month

8 Days on Market

About This Lot

As of July 2023

Oversized Lincoln Square lot approximately 30 x 117 just steps from Winnemac Park. Building damaged by fire. (Exterior photo is prior to fire.) Zoned RS-3. Prime development opportunity for savvy builder / investor / experienced rehabber. Tons of new renovation & construction in the neighborhood - come find your next project! Buyers to verify all MLS data.

Last Agent to Sell the Property

Mark Watkins

Baird & Warner License #475138958 Listed on: 06/16/2023

Baird & Warner

Last Buyer's Agent

Mark Bystrowicz

RE/MAX City License #475101812

RE/MAX City

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,065

Lot Details

  • Lot Dimensions are 30 x 117
  • Property is zoned SINGL

Schools

  • Mcpherson Elementary School
  • Amundsen High School

Utilities

  • Electricity To Lot Line
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$12,065

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Multi-Family
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus,Commuter Train
  • 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: Electric to Site, Gas Nearby, Water to Site

Schools

  • Elementary School: Mcpherson Elementary School
  • High School: Amundsen High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 117
  • Zoning: SINGL
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 12065
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2024
Sold by
4951 Group Llc
Bought by
Charles Edward M and Charles William Michael
Current Estimated Value
$1,500,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Outstanding Balance
$1,398,585
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$101,772

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 18, 2023
Sold by
Mary A Schwitters Trust
Bought by
4951 Group Llc
Seller's Agent
Mark Watkins
Baird & Warner
Buyer's Agent
Mark Bystrowicz
RE/MAX City
List Price
$650,000
Sold Price
$631,000
Premium/Discount to List
-$19,000
-2.92%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.32%

Purchase Details

Closed on
Sep 8, 2015
Sold by
Schwitters Mary A
Bought by
Schwitters Mary A and Mary A Schwitters Trust

Purchase Details

Closed on
Jan 13, 2005
Sold by
Degliomini Anthony and Degliomini Marguerite E
Bought by
Schwitters Glenn G and Schwitters Mary A

Purchase Details

Closed on
Jun 18, 2004
Sold by
Albany Bank & Trust Co Na
Bought by
4889 N Ashland Llc

Purchase Details

Closed on
Aug 26, 2003
Sold by
Dukes Laurie
Bought by
Albany Bank & Trust Co Na and Trust #11-5919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
6.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 1998
Sold by
The Chicago Trust Company
Bought by
Dukes Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 1993
Sold by
Dieciuc Michael and Dieciuc Mary
Bought by
Chicago Title & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
7.35%
Mortgage Type
Commercial
Source: Public Records
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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
Charles Edward M $1,920,000 None Listed On Document
Charles Edward M $1,920,000 None Listed On Document
4951 Group Llc $631,000 None Listed On Document
Schwitters Mary A -- Attorney
Schwitters Glenn G $277,500 --
4889 N Ashland Llc -- Cti
Albany Bank & Trust Co Na $850,000 Cti
Dukes Laurie $390,000 --
Chicago Title & Trust Company $232,000 --
Dieciuc Michael $203,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles Edward M $1,420,000
Closed Charles Edward M $1,420,000
Previous Owner Albany Bank & Trust Co Na $1,040,000
Previous Owner Dukes Laurie $312,000
Previous Owner Chicago Title & Trust Company $278,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $631,000 -2.9% --
06/25/2023 06/25/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $650,000 -- --
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 $12,659 $177,605 $34,925 $142,680
2024 $12,341 $48,933 $34,925 $14,008
2023 $12,341 $60,000 $28,080 $31,920
2022 $12,341 $60,000 $28,080 $31,920
2021 $12,065 $60,000 $28,080 $31,920
2020 $10,210 $45,831 $14,742 $31,089
2019 $10,346 $51,496 $14,742 $36,754
2018 $10,172 $51,496 $14,742 $36,754
2017 $9,636 $44,763 $12,636 $32,127
2016 $8,966 $44,763 $12,636 $32,127
2015 $8,203 $44,763 $12,636 $32,127
2014 $7,437 $40,084 $9,126 $30,958
2013 $6,470 $40,084 $9,126 $30,958
Source: Public Records

Agents Affiliated with this Home

  • Mark Watkins

    Seller's Agent in 2023

    Mark Watkins

    Baird & Warner

    (773) 419-4182

    1 in this area

    48 Total Sales

    Mark Watkins
    Section Image
  • Mark Bystrowicz

    Buyer's Agent in 2023

    Mark Bystrowicz

    RE/MAX

    (773) 418-0955

    6 in this area

    65 Total Sales

    Mark Bystrowicz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11810266

Midwest Real Estate Data (MRED)

APN: 14-07-315-003-0000

Illinois Cook County Chicago 60625 Ravenswood

4951 N Hamilton Ave, Chicago, IL

Not Listed for Sale

Lots

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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