Seller's Agent in 2025
Ryan Smith
RE/MAX Premier
(312) 810-9680
4 in this area
773 Total Sales
5106 S Massasoit Ave Chicago, IL 60638
Garfield Ridge Neighborhood
6
Beds
2
Baths
944
Sq Ft
1925
Built
Highlights
- Second Kitchen
- Sitting Room
- 1-Story Property
- Wood Flooring
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of July 2025In the sought after Garfield Ridge community you will not find an oppertunity such as this again! On this lot you will find two houses, yes two homes on the same parcel. The main residence is a quaint ranch style, 3 bedroom, 1 bath home which needs to be updated but has potential with the ideal floor plan. Toward the rear of the lot you will find a large two story home with an expansive 3 bedroom layout, one full bath and a basement. This parcel has so much upside, can look at this as a multi unit investment property and rent both homes while creating passive cash flow. Another option is to live in one and rent the other out or look at this as land value, tear both homes down and build your dream home in this highly sought after location. Garfield Ridge is one of the most coveted communities on the south side, close to I-55, close to Archer Ave and close to Midway this location is hard to beat! Do not want to pass on this home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,375
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 50x125
- Additional Parcels
Parking
- 1 Car Garage
Interior Spaces
- 944 Sq Ft Home
- 1-Story Property
- Family Room
- Sitting Room
- Living Room
- Dining Room
- Wood Flooring
- Second Kitchen
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Jul 9, 2025
Sold by
Rcaf Acquisition Trust and Us Bank Trust National Association
Bought by
Acevedo Maria D
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Gabriel Abarca
Elite Realty Network LLC
List Price
$160,000
Sold Price
$137,000
Premium/Discount to List
-$23,000
-14.38%
Views
1668
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,830
Avg. Annual Appreciation
82.01%
Purchase Details
Closed on
Oct 16, 2024
Sold by
Judicial Sales Corporation
Bought by
Rcaf Acquisition Trust and Us Bank Trust
Purchase Details
Closed on
Jan 25, 2007
Sold by
Cortez Jose J and Cortez Carlos
Bought by
Cortez Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Interest Rate
6.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2002
Sold by
Founders Bank
Bought by
Cortez Carlos and Cortez Jose J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.07%
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 |
|---|---|---|---|
| Special Warranty Deed | $137,000 | Chicago Title Insurance Compan | |
| Trustee Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Ticor Title Ins Co 2002 | |
| Deed | $120,000 | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $183,500 | New Conventional | |
| Previous Owner | $190,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $137,000 | +5.4% | $145 / Sq Ft |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $130,000 | -18.8% | $138 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $160,000 | 0.0% | $169 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | Price Changed | $160,000 | -3.0% | $169 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $165,000 | -2.9% | $175 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $170,000 | 0.0% | $180 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $170,000 | -- | $180 / 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 |
|---|---|---|---|---|
| 2025 | $3,376 | $22,000 | $4,410 | $17,590 |
| 2024 | $3,376 | $22,000 | $4,410 | $17,590 |
| 2023 | $3,291 | $16,001 | $3,938 | $12,063 |
| 2022 | $3,291 | $16,001 | $3,938 | $12,063 |
| 2021 | $3,217 | $15,999 | $3,937 | $12,062 |
| 2020 | $3,847 | $17,271 | $3,150 | $14,121 |
| 2019 | $3,856 | $19,191 | $3,150 | $16,041 |
| 2018 | $3,791 | $19,191 | $3,150 | $16,041 |
| 2017 | $2,833 | $13,160 | $2,835 | $10,325 |
| 2016 | $2,636 | $13,160 | $2,835 | $10,325 |
| 2015 | $2,411 | $13,160 | $2,835 | $10,325 |
| 2014 | $2,403 | $12,949 | $2,677 | $10,272 |
| 2013 | $2,355 | $12,949 | $2,677 | $10,272 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Smith
-
Gabriel Abarca
G
Buyer's Agent in 2025
Gabriel Abarca
Elite Realty Network LLC
(773) 406-8552
5 in this area
59 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12271641
APN: 19-08-404-082-0000
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