NOT LISTED FOR SALE

5249 W Patterson Ave Chicago, IL 60641

Portage Park Neighborhood
6 Beds
3 Baths
2,214 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: September 22, 2021

Last sale price $515,000 $233 Per Sq Ft

3 Days on Market

Highlights

  • Property is near park
  • Fenced Yard
  • 2.5 Car Detached Garage
  • Sun or Florida Room
  • Enclosed Balcony
  • Soaking Tub

About This Home

As of September 2021

MAJOR PRICE DROPPED, MOTIVATED SELLER. A RARELY AVAILABLE GREAT INVESTMENT GEM OF A PROPERTY -2 FLATS FEATURING 5 BEDROOMS AND 3 FULL BATHROOMS IN HIGHLY SOUGHT AFTER UPCOMING PORTAGE PARK NEIGHBORHOOD, WHICH IS A TREMENDOUS LOCATION CLOSE TO BLUE LINE TRAIN, THE HIGHWAY AND PLENTY OF AMENITIES LIKE SHOPS, RESTAURANTS, AND NIGHTLIFE. PERFECT FOR AN OWNER OCCUPANT SEEKING TO COMBINE UNITS AND OFFSET DEBT SERVICE WITH RENTAL INCOME OR AN ARMCHAIR INVESTOR LOOKING FOR THEIR NEXT PROPERTY. UNITS FEATURES LARGE AND SPACIOUS OPEN FLOOR PLANS, HARDWOOD FLOORING THROUGHOUT AND LUXURY MARBLE TILES IN THE KITCHEN AND BATHROOMS. IT ALSO HAS GREAT HEIGHT TALL CEILINGS ON 1ST AND 2ND LEVELS. SELLER HAS UPDATED THE ENTIRE BUILDING THAT HAS STRUCK THE PERFECT BALANCE BETWEEN VINTAGE AND MODERN, A VERY APPEALING TREND. NO MORE UPDATE NEEDED JUST READY TO MOVE IN. WORTH MENTIONING ARE THE NEW POUR CONCRETE APPLIED NEAR GARAGE AND SURROUNDING WALKWAYS, ALL BRAND NEW KITCHEN CABINETS, NEW APPLIANCES (DISHWASHERS, MICROWAVES), NEW WINDOWS, NEW DOORS, NEW ELECTRIC BASEBOARD HEATER IN THE BASEMENT, 3 NEW WATER HEATER AND FAIRLY NEW RADIATORS HEATER, LAUNDRY IN THE UNIT WITH 2 WASHERS AND 2 DRYERS, THE LIST GOES ON AND ON. EXCELLENT OPPORTUNITY TO OWN THIS BEAUTIFUL UPDATED INCOME PRODUCING PROPERTY, IN THIS STABLE RENTAL MARKET WITH UPSIDE POTENTIAL. DON'T WAIT FURTHER. GOT TO SEE IT TO MATERIALIZE THE POTENTIAL.

Last Agent to Sell the Property

YeeMei Chua

Pavilion Realty LLC License #471018895 Listed on: 08/05/2021

Last Buyer's Agent

Rosa Bueno

United Real Estate - Chicago License #475133310

United Real Estate - Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,767

Year Built

  • Built in 1920 | Remodeled in 2021

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30 x 133
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Individual Controls for Heating
  • Multiple Water Heaters

Additional Features

  • Enclosed Balcony
  • Property is near park

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,767

Year Built

Built in 1920 | Remodeled in 2021

Lot Details

3,920 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: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Enclosed Balcony, Sun Room
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Sidewalks, Streetlights
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Baseboard, Radiant, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 30 X 133
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 5766.83
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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
Aug 5, 2021
Closed on
Sep 15, 2021
Sold by
Bought by
Seller's Agent
YeeMei Chua
Pavilion Realty LLC
Buyer's Agent
Rosa Bueno
United Real Estate - Chicago
List Price
$514,900
Sold Price
$515,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,301
Interest Rate
0.0275%

Purchase Details

Closed on
Jul 27, 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
$359,650
Interest Rate
0.0569%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2000
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
$247,500
Interest Rate
0.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 12, 1994
Sold by
Bought by
Source: Public Records
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
-- --
-- Chicago Title Insurance Comp
-- Ticor Title Insurance
-- --
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
Closed $494,301
Closed $359,650
Closed $247,500
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
09/22/2021 09/22/21 Sold $515,000 0.0% $233 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $514,900 -- $233 / 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 $8,022 $44,000 $14,070 $29,930
2024 $8,022 $44,000 $14,070 $29,930
2023 $7,820 $38,000 $11,256 $26,744
2022 $7,820 $38,000 $11,256 $26,744
2021 $6,976 $38,000 $11,256 $26,744
2020 $5,536 $27,940 $5,025 $22,915
2019 $5,767 $32,116 $5,025 $27,091
2018 $5,669 $32,116 $5,025 $27,091
2017 $6,526 $33,673 $4,422 $29,251
2016 $6,248 $33,673 $4,422 $29,251
2015 $5,693 $33,673 $4,422 $29,251
2014 $3,943 $23,804 $4,020 $19,784
2013 $3,854 $23,804 $4,020 $19,784
Source: Public Records

Agents Affiliated with this Home

  • YeeMei Chua

    Seller's Agent in 2021

    YeeMei Chua

    Pavilion Realty LLC

    (630) 506-3738

    1 in this area

    78 Total Sales

    YeeMei Chua
    Section Image
  • Rosa Bueno

    Buyer's Agent in 2021

    Rosa Bueno

    United Real Estate - Chicago

    (630) 222-1534

    1 in this area

    135 Total Sales

    Rosa Bueno
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11179716

Midwest Real Estate Data (MRED)

APN: 13211310030000

Illinois Cook County Chicago 60641 Portage Park

5249 W Patterson 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.