NOT LISTED FOR SALE

5047 S Ridgeway Ave Chicago, IL 60632

West Elsdon Neighborhood

Estimated Value: $276,000 - $325,000

3 Beds
1 Bath
3,780 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2019

Last sale price $193,000 $51 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,950 / mo

8 Days on Market

Highlights

  • Ranch Style House
  • Property is near bus stop
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

GREAT POTENTIAL ON THIS COZY HOUSE, READY TO MOVE IN. 3 BEDROOMS ON MAIN FLOOR, LIVING ROOM AND DINING ROOM. FULL SEMI FINISHED BASEMENT WITH TWO BED ROOMS AND FULL BATH.

Last Agent to Sell the Property

Lordes Cortes

Midwest Real Estate Brokerage LLC License #475151973 Listed on: 04/04/2019

Last Buyer's Agent

Clemente Lopez

Chicagoland Brokers, Inc. License #475128961

Chicagoland Brokers, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 1943

Lot Details

  • 3,485

Parking

  • Parking Available

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Shingle Roof

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1943

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1943
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1943

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 11X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 1 Name: Other, Dimensions: 11X12, On Level: Basement, Flooring: Other
  • Bedroom 2: Dimensions: 11X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 3: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 3780

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Wood Shakes/Shingles
  • Acreage: 0.0868

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299
  • Other Public School: 299

Lot Info

  • Lot Dimensions: 25X125
  • Parcel Identification Number: 19111190170000

Tax Info

  • Taxes: 1857

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 28, 2019
Sold by
Bought by
Seller's Agent
Lordes Cortes
Midwest Real Estate Brokerage LLC
Buyer's Agent
Clemente Lopez
Chicagoland Brokers, Inc.
List Price
$197,500
Sold Price
$193,000
Premium/Discount to List
-$4,500
-2.28%
Current Estimated Value
$301,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,283
Avg. Annual Appreciation
6.43%
Original Mortgage
$147,645
Outstanding Balance
$127,063
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$174,220

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
6.87%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.92%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in West Elsdon, IL

  • Ernestina Preciado Real Estate Agent - RE/MAX 10

    Ernestina Preciado

    RE/MAX 10

    (708) 998-4209

    167 Total Sales

    2 in West Elsdon

    $290K - $320K Price Range

    Ernestina Preciado
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  • Gustavo Vargas Real Estate Agent - RE/MAX Partners

    Gustavo Vargas

    RE/MAX Partners

    (708) 554-7307

    85 Total Sales

    2 in West Elsdon

    $235K - $532K Price Range

    Gustavo Vargas
     Section Image
  • Hugo Araujo Real Estate Agent - Coldwell Banker Realty

    Hugo Araujo

    Coldwell Banker Realty

    (773) 819-6179

    158 Total Sales

    1 in West Elsdon

    $265,000 Price

    Hugo Araujo
     Section Image
  • Nick Framularo Real Estate Agent - RE/MAX Premier

    Nick Framularo

    RE/MAX Premier

    (773) 985-1816

    94 Total Sales

    1 in West Elsdon

    $380,000 Price

    Nick Framularo
     Section Image
  • Evan Peng Real Estate Agent - Landmark Property Group Realty, LLC

    Evan Peng

    Landmark Property Group Realty, LLC

    (877) 589-9448

    157 Total Sales

    2 in West Elsdon

    $275K - $430K Price Range

    Evan Peng
     Section Image
  • Victor Senteno Real Estate Agent - Senteno Real Estate LLC

    Victor Senteno

    Senteno Real Estate LLC

    (773) 902-0547

    104 Total Sales

    1 in West Elsdon

    $41,000 Price

    Victor Senteno
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$193,000 Stewart Title
-- Tca
$147,000 Ticor Title Insurance
$100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,645
Closed $156,000
Previous Owner $139,650
Previous Owner $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $193,000 -2.3% $51 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $197,500 -- $52 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,539 $23,000 $4,725 $18,275
2024 $3,539 $23,000 $4,725 $18,275
2023 $4,137 $20,000 $3,780 $16,220
2022 $4,137 $20,000 $3,780 $16,220
2021 $4,022 $20,000 $3,780 $16,220
2020 $3,136 $13,988 $3,780 $10,208
2019 $2,521 $15,896 $3,780 $12,116
2018 $2,477 $15,896 $3,780 $12,116
2017 $1,857 $11,944 $3,402 $8,542
2016 $1,905 $11,944 $3,402 $8,542
2015 $1,720 $11,944 $3,402 $8,542
2014 $1,478 $10,472 $3,213 $7,259
2013 $1,438 $10,472 $3,213 $7,259
Source: Public Records

Agents Affiliated with this Home

  • Lordes Cortes Real Estate Agent - Midwest Real Estate Brokerage LLC

    Seller's Agent in 2019

    Lordes Cortes

    Midwest Real Estate Brokerage LLC

    (773) 490-8683

    1 in this area

    29 Total Sales

    Lordes Cortes
    Section Image

  • C

    Buyer's Agent in 2019

    Clemente Lopez

    Chicagoland Brokers, Inc.

    (708) 280-5262

    1 in this area

    52 Total Sales

    Clemente Lopez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10331548

Midwest Real Estate Data (MRED)

APN: 19-11-119-017-0000

Illinois Cook County Chicago 60632 West Elsdon

5047 S Ridgeway Ave, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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