$440,000
SOLD DEC 7, 2023

5039 W Henderson St Chicago, IL 60641

Cragin Neighborhood
7 Beds
3 Baths
2,699 Sq Ft
1910 Built

Recently Sold

$163 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • 2.5 Car Detached Garage
  • Paved or Partially Paved Lot
  • Victorian Architecture
  • Patio
  • Heating System Uses Natural Gas

About This Home

As of December 2023

Spacious LEGAL 3-unit situated on an expansive, extra-wide lot in the heart of Portage Park. This property presents abundant opportunities for both investors and owner occupants seeking supplementary income to offset the mortgage. Featuring hardwood floors throughout, the property comprises two 2-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit. Currently, the three-bedroom unit is leased at $1,350 per month on a flexible month-to-month agreement. The property boasts a generously-sized backyard and a 2.5-car garage, offering the potential for additional revenue streams. Recent upgrades include a new hot water heater, and all mechanical systems are in proper working order. Property being sold As-Is. Don't let this one slip away.

Last Agent to Sell the Property

Guido Piunti

@properties Christie's International Real Estate License #475166002 Listed on: 09/14/2023

@properties Christie's International Real Estate

Co-Listed By

Alexa Hara

@properties Christie's International Real Estate License #475166134

Last Buyer's Agent

Jacob Lyons

@properties Christie's International Real Estate License #475177790

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 40 x 105
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Basement

  • English Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Schools

  • Falconer Elementary School
  • Kelvyn Park High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,158

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • List Price: 440000
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Falconer Elementary School
  • High School: Kelvyn Park High School
  • Middle/Junior School: Falconer Elementary School
  • Middle/Junior School District: 299
  • Junior High/Middle School #2: Foreman High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40 X 105
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4158
  • Tax Year: 2021

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Similar Homes in Chicago, IL

  • 5062 W Adams St, Chicago, IL 60644

    $375,000

    • 6 Beds
    • 2 Baths
    • 5062 W Adams St
    • Chicago, IL

    Welcome to this beautifully maintained two unit building perfect for owner occupants looking to build wealth while keeping housing costs low. Each unit features 3 bedrooms and 1 bathroom with spacious layouts, and a partially finished basement offers additional space for storage, a home gym, or future expansion. Live in one unit and rent out the other to help cover your mortgage. The second floor

    Tina Hollins Coldwell Banker Realty

    Section Image
  • 5426 W Jackson Blvd, Chicago, IL 60644

    $550,000

    • 6 Beds
    • 4 Baths
    • 5426 W Jackson Blvd
    • Chicago, IL

    WELCOME! Secure your next income property today! Check Out This Versatile 2-Unit Property now available for sale in Chicago, Austin Area with Income Potential while you live in one unit and rent the other. But... wait, you still have great potential to create a 3rd unit in the basement creating more income while also adding more value to the property. Perfect for homeowners looking for

    Camille Harris Coldwell Banker Realty

    Section Image
  • 4251 W Jackson Blvd, Chicago, IL 60624

    $425,000

    • 7 Beds
    • 2 Baths
    • 4251 W Jackson Blvd
    • Chicago, IL

    Welcome to Jackson. This solid brick 2-unit building features two spacious units - perfect for investors or multigenerational living. The first-floor unit offers 3 bedrooms and 1 full bath, currently leased to a reliable tenant. The second-floor unit, previously owner-occupied, boasts 4 bedrooms and 1 full bath with generous living space and natural light. Both units feature separate utilities

    Sohe Reyes Smart Home Realty

    Section Image
  • 1547 S Kolin Ave, Chicago, IL 60623

    $415,000

    • 6 Beds
    • 3 Baths
    • 1547 S Kolin Ave
    • Chicago, IL

    Elevate your investment portfolio with this impressive income generating three unit property in the heart of North Lawndale. Each unit boasts a comfortable layout, featuring two bedrooms and a full bathroom, complemented by modern stainless steel appliances for a touch of sophistication. Notably, two of the units underwent a comprehensive rehabilitation in 2024, showcasing updated kitchens and

    Danisha Jones Coldwell Banker Realty

    Section Image
  • 2849 S Kolin Ave, Chicago, IL 60623

    $340,000

    • 7 Beds
    • 2 Baths
    • 2849 S Kolin Ave
    • Chicago, IL

    2 flat located in the heart of Little Village. 5 minutes from Shopping area, park and restaurants. Roof, Furnace on 1st floor and 2nd floor all installed in 2019 A/C 2020 Water tank on 2nd floor 2024. The attic has one bedroom, and planty of storage,' Only Stove and Refrigerator on first floor stay.

    George Medina Realty of America

    Section Image
  • 2814 W 25th Place, Chicago, IL 60623

    $390,000

    • 5 Beds
    • 3 Baths
    • 2814 W 25th Place
    • Chicago, IL

    Perfect for the savvy Investor! Rehabbed Brick 2 flat! 1st floor offers 3 bedrooms, 1.5 baths, spacious living room and kitchen. Currently rented. The second floor unit offers 2 bedrooms, 1 bath, living room and dining room. The unfinished attic space is ideal for a duplex up for an additional bedroom, living space or storage. Currently rented. New flooring throughout. 2022 and 2023 new

    Rafay Qamar Real Broker LLC

    Section Image
  • 3960 S Western Ave, Chicago, IL 60609

    $450,000

    • 6 Beds
    • 4 Baths
    • 3960 S Western Ave
    • Chicago, IL

    Wow! This property has been upgraded, rehabbed and reimagined creating 4 units of living space. First floor has 2 units( Front 2 bedroom & 1 bathroom) (Back unit is 1 bedroom & 1 bathroom), Second floor has a 2 bedroom & 1 bathroom, lower level is 1 bedroom and 1 bathroom. Units were all gut rehabbed, new kitchens, new bathrooms and hardwood floors. Tons of opportunity to live in a unit

    Mary Aloisio @properties Christie's International Real Estate

    Section Image
  • 5443 S Nottingham Ave, Chicago, IL 60638

    $509,000

    • 5 Beds
    • 3 Baths
    • 5443 S Nottingham Ave
    • Chicago, IL

    DESIREABLE GARFIELD RIDGE. LEGAL 2 UNIT. 3 BEDROOM 1ST FLOOR. 2 BEDROOMS ON 2ND FLOOR. TOTAL 3 BATHROOMS WITH BATHROOM IN BASEMENT. BASEMNT IS FINISHED AND HAS KITCHEN. GREAT FOR FAMILY ENTERTAINMENT OR STORAGE. NEWER GARAGE WITH PARTY DOOR TO FENCED BACKYARD. CLOSE TO SCHOOLS, SHOPPING., TRANSPORTATION, & AIRPORT.HOUSE IS BEING SOLD AS IS BUT HAS GREAT BONES. CALL AND MAKE YOUR APPOINTMENT.

    John Wanda Century 21 Circle

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,700 -- --
02/11/2024 02/11/24 For Rent $1,700 0.0% --
12/07/2023 12/07/23 Sold $440,000 0.0% $163 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $440,000 +16.7% $163 / Sq Ft
08/06/2021 08/06/21 Sold $377,005 -5.7% $140 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $399,900 -- $148 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11865304

Midwest Real Estate Data (MRED)

APN: 13214130070000