NOT LISTED FOR SALE

5224 W Nelson St Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $323,000 - $404,000

3 Beds
2 Baths
1,198 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2024

Last sale price $308,000 $257 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,422 / mo

8 Days on Market

Highlights

  • Second Kitchen
  • Full Attic
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Enclosed Patio or Porch

About This Home

As of March 2024

Belmont Cragin brick bungalow. This well maintained home features 5 bedrooms 2 baths, hardwood floors under laminate. Nice kitchen with walk-in pantry, all stainless steel appliances. Finished basement has rec room, 2 additional bedrooms, a convenient summer kitchen and bath, making it ideal for accommodating guests or extended family members. Semi finished attic waiting for your ideas, fenced yard for security. Estate sale, and is offered in its current condition. Schedule your appointment today!

Last Agent to Sell the Property

Rita Arriz

Realty of America, LLC License #475146809 Listed on: 01/29/2024

Realty of America, LLC

Last Buyer's Agent

Ainhoa Garcia Jimenez

Realty of America, LLC License #475173335

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1927

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sewing Room
  • Full Attic

Kitchen

  • Second Kitchen
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Finished Basement

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 25x125

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,059

Year Built

Built in 1927

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Finished, Sleeping Area, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood, Laminate
  • Room Type: Kitchen, Bedroom 5, Enclosed Porch, Sewing Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Attic: Full

Exterior Features

  • Construction Materials: Brick
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5059.07
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 22, 2024
Sold by
Marchan Felipe
Bought by
Olivares Natalia and Vidales Alejandro Espinoza
Seller's Agent
Rita Arriz
Realty of America, LLC
Buyer's Agent
Ainhoa Garcia Jimenez
Realty of America, LLC
List Price
$325,000
Sold Price
$308,000
Premium/Discount to List
-$17,000
-5.23%
Views
876
Current Estimated Value
$367,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,168
Avg. Annual Appreciation
8.24%
Original Mortgage
$292,600
Outstanding Balance
$287,496
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$79,672

Purchase Details

Closed on
Sep 27, 1996
Sold by
Waclaw Joseph J and Waclaw Carole A
Bought by
Marchan Felipe and Marchan Nelida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
7.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
Olivares Natalia $308,000 None Listed On Document
Marchan Felipe $126,500 Attorneys Natl Title Network
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 Olivares Natalia $292,600
Previous Owner Marchan Felipe $101,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $308,000 -5.2% $257 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $325,000 -- $271 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,212 $32,001 $6,938 $25,063
2024 $5,212 $32,001 $6,938 $25,063
2023 $5,059 $28,000 $5,625 $22,375
2022 $5,059 $28,000 $5,625 $22,375
2021 $4,964 $28,003 $5,628 $22,375
2020 $4,160 $21,765 $4,687 $17,078
2019 $4,227 $24,456 $4,687 $19,769
2018 $4,347 $25,429 $4,687 $20,742
2017 $4,228 $23,007 $4,125 $18,882
2016 $4,110 $23,007 $4,125 $18,882
2015 $3,737 $23,007 $4,125 $18,882
2014 $3,662 $22,290 $3,750 $18,540
2013 $3,578 $22,290 $3,750 $18,540
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rita Arriz

    Realty of America, LLC

    (773) 494-1469

    2 in this area

    72 Total Sales

    Rita Arriz
    Section Image
  • Ainhoa Garcia Jimenez

    Buyer's Agent in 2024

    Ainhoa Garcia Jimenez

    Realty of America, LLC

    (312) 806-6110

    3 in this area

    216 Total Sales

    Ainhoa Garcia Jimenez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11969638

Midwest Real Estate Data (MRED)

APN: 13-28-113-027-0000

Illinois Cook County Chicago 60641 Cragin

5224 W Nelson St, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.