NOT LISTED FOR SALE

5037 N Wolcott Ave Unit 3A Chicago, IL 60640

Ravenswood Neighborhood

Estimated Value: $220,128 - $265,000

1 Bed
1 Bath
-- Sq Ft
$342/mo HOA Fee

Last Sold April 21, 2025

Last sale price $221,000

Est. 8% increase in value since last sale

Current estimated payment $1,885/month

6 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Laundry Room
  • Porch
  • Living Room
  • Storage

About This Home

As of April 2025

Renovated 1 bed/1bath on a tree lined street in beautiful Ravenswood. Top floor unit with new kitchen, appliances and bathroom! Refinished hardwood floors, large bedroom with double-closets with plenty of other closet space. Unit has a spacious porch and huge common garden. Utility room has washer and dryer exclusive to unit and lockable storage room. Investor friendly building walking distance to Damen Brown Line stop, Ravenswood Metra (Union Pacific North/UP-N), CTA (Lawrence, Damen and Ashland), Winnemac Park, and Marianos. Parking can be leased through Association. Steps away from all your favorite shops, and restaurants!

Last Agent to Sell the Property

Victor Escobar

Chicago Realty Partners, Ltd License #475152571 Listed on: 03/14/2025

Last Buyer's Agent

Barry Mann

Coldwell Banker Realty License #475127874

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1965

Lot Details

  • 10,803

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 14 Units
  • Association Phone (773) 809-4384
  • Property managed by 5G Ventures LLC

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,375

Year Built

Built in 1965

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Storage
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Outdoor Grill
  • List Price: 215000
  • Patio And Porch Features: Patio, Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 342
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: 5G Ventures LLC
  • Management Contact Name: N/A
  • Management Phone: 773-809-4384
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3375
  • Tax Year: 2023

Multi Family

  • Units in Building: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Apr 12, 2025
Sold by
Escobar Victor M and Escobar Ximena B
Bought by
Lefave Ryan
Seller's Agent
Victor Escobar
Chicago Realty Partners, Ltd
Buyer's Agent
Barry Mann
Coldwell Banker Realty
List Price
$215,000
Sold Price
$221,000
Premium/Discount to List
$6,000
2.79%
Views
58
Current Estimated Value
$238,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,709
Avg. Annual Appreciation
17.04%
Original Mortgage
$7,500
Outstanding Balance
$6,335
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$232,374

Purchase Details

Closed on
Nov 6, 2020
Sold by
Escobar Victor M
Bought by
Escobar Victor M

Purchase Details

Listed on
Dec 21, 2018
Closed on
Jan 31, 2019
Sold by
Parsaee Elizabeth J
Bought by
Escobar Victor M
Seller's Agent
Emily Phair
Keller Williams ONEChicago
Buyer's Agent
Victor Escobar
Chicago Realty Partners, Ltd
List Price
$119,999
Sold Price
$110,000
Premium/Discount to List
-$9,999
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$104,500
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lefave Ryan $221,000 None Listed On Document
Escobar Victor M -- None Available
Escobar Victor M $110,000 Attorneys Title Guaranty Fu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefave Ryan $7,500
Open Lefave Ryan $198,900
Previous Owner Escobar Victor M $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2025 04/21/25 Sold $221,000 +2.8% --
03/20/2025 03/20/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $215,000 +95.5% --
02/01/2019 02/01/19 Sold $110,000 -8.3% -- View Prior Sale
12/21/2018 12/21/18 Pending -- -- --
12/21/2018 12/21/18 For Sale $119,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $3,376 $25,379 $6,872 $18,507
2023 $3,291 $16,001 $5,526 $10,475
2022 $3,291 $16,001 $5,526 $10,475
2021 $3,217 $15,999 $5,525 $10,474
2020 $4,106 $18,430 $2,900 $15,530
2019 $4,086 $20,336 $2,900 $17,436
2018 $4,017 $20,336 $2,900 $17,436
2017 $780 $16,387 $2,486 $13,901
2016 $2,425 $16,387 $2,486 $13,901
2015 $2,463 $17,936 $2,486 $15,450
2014 $2,003 $10,793 $1,864 $8,929
2013 $1,143 $10,793 $1,864 $8,929
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2025

    Victor Escobar

    Chicago Realty Partners, Ltd

    Section Image
  • Barry Mann

    Buyer's Agent in 2025

    Barry Mann

    Coldwell Banker Realty

    (312) 203-9727

    2 in this area

    26 Total Sales

    Barry Mann
    Section Image
  • Emily Phair

    Seller's Agent in 2019

    Emily Phair

    Keller Williams ONEChicago

    (773) 981-7515

    3 in this area

    412 Total Sales

    Emily Phair
    Section Image
  • Kevin Hinton

    Seller Co-Listing Agent in 2019

    Kevin Hinton

    Keller Williams ONEChicago

    (312) 471-6444

    7 in this area

    466 Total Sales

    Kevin Hinton
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12311114

Midwest Real Estate Data (MRED)

APN: 14-07-407-022-1003

Illinois Cook County Chicago 60640 Ravenswood

5037 N Wolcott Ave Unit 3A, Chicago, IL

This home is located at 5037 N Wolcott Ave Unit 3A, Chicago, IL 60640 since 14 March 2025 and is currently estimated at $238,709. This property was built in 1965. 5037 N Wolcott Ave Unit 3A is a home located in Cook County with nearby schools including McPherson Elementary School, Amundsen High School, and Rogers Park Montessori School.

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