5016 W Carmen Ave Chicago, IL 60630
Jefferson Park Neighborhood
2
Beds
1
Bath
1,434
Sq Ft
1920
Built
Highlights
- Formal Dining Room
- Living Room
- Family Room
- Beaubien Elementary School Rated A-
- Laundry Room
- Senior Tax Exemptions
About This Home
As of May 2025Location, Location, Location!!! Attention builders and rehabbers-this is the investment opportunity you've been waiting for! Situated on an oversized lot 37.5X 125- which is larger than a regular lot in Chicago, this property offers endless possibilities. Whether you're looking to build a brand-new home or remodel the existing structure, the potential here is unmatched, with great comps in the area. The house currently features 2 bedrooms and 1 bath, but it can easily be reconfigured to include 3 or 4 bedrooms and an additional bath. Ready for a full remodel, this property is the perfect canvas for your vision. Don't miss out on the chance to create something truly special in this highly desirable neighborhood! Enjoy the convenience of close proximity to I-90/94, public transportation, parks, and a variety of restaurants. Grocery shopping is a breeze with Whole Foods, Mariano's, and Jewel nearby. Plus, nature preserves and more are just minutes away!
Last Agent to Sell the Property
Exit Realty Redefined License #475200972 Listed on: 08/20/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475166271
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,208
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 37x126
- Irregular Lot
Home Design
- Asphalt Roof
Interior Spaces
- 1,434 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2025
Closed on
May 22, 2025
Sold by
Osnaya Victor and Osnaya Hector
Bought by
Degroot Seline N and Degroot Thomas M
Seller's Agent
Erich Muellner
@properties Christie's International Real Estate
Buyer's Agent
Bryce Hoffman
Coldwell Banker Realty
List Price
$449,000
Sold Price
$404,999
Premium/Discount to List
-$44,001
-9.8%
Views
334
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.04%
Original Mortgage
$354,999
Outstanding Balance
$354,710
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$49,655
Purchase Details
Listed on
Aug 20, 2024
Closed on
Nov 20, 2024
Sold by
Mercado Patricia G
Bought by
Osnaya Victor and Osnaya Hector
Seller's Agent
Sylwia Machnik
Exit Realty Redefined
Buyer's Agent
Erich Muellner
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$250,000
Premium/Discount to List
-$39,900
-13.76%
Views
155
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.44%
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | Proper Title | |
| Warranty Deed | $250,000 | None Listed On Document | |
| Warranty Deed | $250,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $354,999 | New Conventional | |
| Previous Owner | $30,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $40,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $404,999 | -2.4% | $279 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | Price Changed | $414,999 | -3.3% | $286 / Sq Ft |
| 02/26/2025 02/26/25 | Price Changed | $429,000 | -4.5% | $295 / Sq Ft |
| 02/09/2025 02/09/25 | For Sale | $449,000 | +79.6% | $309 / Sq Ft |
| 11/22/2024 11/22/24 | Sold | $250,000 | -9.1% | $174 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | Price Changed | $275,000 | -5.1% | $192 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $289,900 | 0.0% | $202 / Sq Ft |
| 09/08/2024 09/08/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $289,900 | -- | $202 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,201 | $34,001 | $16,538 | $17,463 |
| 2023 | $1,208 | $32,001 | $11,699 | $20,302 |
| 2022 | $1,208 | $32,001 | $11,699 | $20,302 |
| 2021 | $1,150 | $32,000 | $11,699 | $20,301 |
| 2020 | $1,187 | $25,848 | $6,851 | $18,997 |
| 2019 | $1,183 | $28,720 | $6,851 | $21,869 |
| 2018 | $1,165 | $28,720 | $6,851 | $21,869 |
| 2017 | $1,248 | $25,781 | $6,142 | $19,639 |
| 2016 | $1,656 | $25,781 | $6,142 | $19,639 |
| 2015 | $1,591 | $25,781 | $6,142 | $19,639 |
| 2014 | $1,578 | $21,772 | $5,670 | $16,102 |
| 2013 | $1,584 | $21,772 | $5,670 | $16,102 |
Source: Public Records
Agents Affiliated with this Home
-
Erich Muellner
Seller's Agent in 2025
Erich Muellner
@ Properties
(847) 361-7100
2 in this area
50 Total Sales
-
Bryce Hoffman
Buyer's Agent in 2025
Bryce Hoffman
Coldwell Banker Realty
(217) 502-4940
1 in this area
83 Total Sales
-
Sylwia Machnik
Seller's Agent in 2024
Sylwia Machnik
Exit Realty Redefined
(773) 732-8688
1 in this area
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12141512
APN: 13-09-406-030-0000
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