NOT LISTED FOR SALE

5231 S Central Ave Chicago, IL 60638

Garfield Ridge Neighborhood
2 Beds
2 Baths
-- Sq Ft
1919 Built

Last Sold July 23, 2020

Last sale price $105,000

134 Days on Market

About This Home

As of July 2020

This property is for the serious rehabber/developer. Structural damage visible on the first floor. 4 rooms with 2 bedrooms on the first floor and potential 4 rooms with 2 bedrooms on the second floor. Construction of 2 more bedrooms plus laundry/bath started in the attic. The benefits to this property is that it is located on a 50 foot lot that might allow a builder to build 2 homes on 25 foot lots or possibly build a 4 unit apartment building/condo. Buyer responsible for verification of building requirements. At the back of the property is a large 2 car garage with side drive that leads to Central Ave. There are some safety issues at the property. Please be aware of the signs. Buyers MUST be accompanied by their agent. Convenient location to shopping, transportation and Midway airport.

Last Agent to Sell the Property

Gerry Seiwert

HomeSmart Connect LLC License #471007649 Listed on: 02/09/2020

HomeSmart Connect LLC

Last Buyer's Agent

Gerry Seiwert

HomeSmart Connect LLC License #471007649 Listed on: 02/09/2020

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 50 x 125
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,072

Year Built

Built in 1919

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4072.03
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2020 07/23/20 Sold $105,000 -11.8% --
06/22/2020 06/22/20 Pending -- -- --
04/03/2020 04/03/20 Price Changed $119,000 -7.8% --
03/03/2020 03/03/20 Price Changed $129,000 -7.2% --
02/09/2020 02/09/20 For Sale $139,000 -- --
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 $3,818 $28,001 $3,938 $24,063
2024 $3,818 $28,001 $3,938 $24,063
2023 $3,723 $18,000 $3,150 $14,850
2022 $3,723 $18,000 $3,150 $14,850
2021 $3,620 $18,000 $3,150 $14,850
2020 $3,283 $14,644 $3,150 $11,494
2019 $3,781 $18,700 $3,150 $15,550
2018 $3,718 $18,700 $3,150 $15,550
2017 $4,564 $21,060 $2,835 $18,225
2016 $4,246 $21,060 $2,835 $18,225
2015 $3,887 $21,060 $2,835 $18,225
2014 $3,249 $17,377 $2,677 $14,700
2013 $3,186 $17,377 $2,677 $14,700
Source: Public Records

Agents Affiliated with this Home

  • Gerry Seiwert

    Seller's Agent in 2020

    Gerry Seiwert

    The McDonald Group

    (708) 268-5504

    33 Total Sales

    Gerry Seiwert
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10633992

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60638 Garfield Ridge

5231 S Central Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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