NOT LISTED FOR SALE

5340 S Ridgeway Ave Chicago, IL 60632

West Elsdon Neighborhood

Estimated Value: $286,000 - $331,000

3 Beds
2 Baths
1,100 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $247,500 $225 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,032/month

9 Days on Market

Highlights

  • Georgian Architecture
  • Main Floor Bedroom
  • Breakfast Bar
  • Wood Flooring
  • Detached Garage
  • Kitchen Island

About This Home

As of April 2020

IF YOUR LOOKING FOR SOMETHING STYLISH, MODERN, AND FUNCTIONAL IN DESIRABLE WEST ELDSON AREA NEAR MAJOR HIGHWAYS, SHOPPING, PUBLIC TRANSPORTATION, ENTERTAINMENT AND SCHOOLS THIS IS THE HOME FOR YOU!!! MAIN FLOOR OFFERS= EXCEPTIONAL CONDO STYLE OPEN CONCEPT W/ A FUNCTIONAL 3 SEATING BREAKFAST BAR BRINGING TOGETHER THE KITCHEN/LIVING ROOM, MODERN KITCHEN W/ WHITE SHAKER CABINETS, ELEGANT BACKSPLASH TITLE, STYLISH FIXTURES AND HARDWARE, TOP OF THE LINE SAMSUNG SS APPLIANCES, LOTS OF LIGHT GLEAMING THRU, AND MUCH MORE.... TOP FLOOR OFFERS= SPACIOUS BEDROOMS TYPICAL OF GEORGIAN STYLE HOMES, ALONG W/ A LUXURIOUS ALL WHITE BATHROOM.... THAT'S NOT ALL- THE BASEMENT OFFERS= A THOUGHTFULLY DESIGNED LAUNDRY AREA, HUGE FAMILY ROOM/ TV AREA, ALONG WITH AN EXPANSIVE BATHROOM W/ A BEAUTIFUL SHOWER..... IF THAT WASN'T ENOUGH THE BACKYARD WILL SEAL THE DEAL= PROPERTY SITS ON A 45 FOOT LOT W/ LOTS OF GREEN AREA AND PLENTY OF SHADE ALL AROUND, DON'T WORRY THERE'S ALSO A 2 CAR GARAGE... WINDOWS/ROOF/GUTTERS/MECHANICAL'S ARE ALSO NEWER, PROPERTY IS EASY TO SHOW W/ PROPERTY NOTICE!

Last Agent to Sell the Property

Enrique Zavala

RE/MAX MI CASA License #475114031 Listed on: 02/22/2020

RE/MAX MI CASA

Last Buyer's Agent

Felipe Garcia

RE/MAX MI CASA License #475135903

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,455

Year Built | Renovated

  • 1946 | 2020

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Kitchen Island

Finished Basement

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

Utilities

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

Additional Features

  • Wood Flooring
  • Main Floor Bedroom
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,425 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,455

Year Built | Renovated

1946 | 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1946
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Refrigerator
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X3, On Level: Walkout Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 11X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Dimensions: 9X11, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Breakfast Bar, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X17, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 2: Dimensions: 11X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 3: Dimensions: 15X10, On Level: Main Level, Flooring: Wood Laminate, Windows: Shades
  • Estimated Sq Ft: 1100
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 17X15, On Level: Walkout Basement, Flooring: Other, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: E (East)
  • Acreage: 0.1085

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 299
  • Elementary School: Sandoval Elementary School
  • Middle School: Hernandez Academic Preparation C
  • High School: Curie Metropolitan High School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 45X125
  • Parcel Identification Number: 19113220570000

Tax Info

  • Taxes: 3415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Mar 27, 2020
Sold by
Alvarez Lilia E
Bought by
Melgoza Armando
Seller's Agent
Enrique Zavala
RE/MAX MI CASA
Buyer's Agent
Felipe Garcia
RE/MAX MI CASA
List Price
$247,500
Sold Price
$247,500
Current Estimated Value
$304,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,252
Avg. Annual Appreciation
3.63%
Original Mortgage
$240,075
Outstanding Balance
$214,213
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$85,810

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 1, 2019
Sold by
Marquette Bank
Bought by
Alvarez Lilia E
Seller's Agent
Enrique Zavala
RE/MAX MI CASA
Buyer's Agent
Enrique Zavala
RE/MAX MI CASA
List Price
$164,900
Sold Price
$153,000
Premium/Discount to List
-$11,900
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.57%
Original Mortgage
$145,350
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Nikolac Gisela
Bought by
Marquette National Bank and Trust #14321
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Melgoza Armando $247,500 Chicago Title
Alvarez Lilia E $153,000 Advisors Title Network Llc
Marquette National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgoza Armando $240,075
Previous Owner Alvarez Lilia E $145,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $247,500 0.0% $225 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $247,500 +61.8% $225 / Sq Ft
08/14/2019 08/14/19 Sold $153,000 -7.2% $139 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $164,900 -- $150 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $4,455 $21,000 $3,780 $17,220
2023 $4,344 $21,000 $4,725 $16,275
2022 $4,344 $21,000 $4,725 $16,275
2021 $4,223 $21,000 $4,725 $16,275
2020 $2,176 $15,290 $4,725 $10,565
2019 $219 $17,180 $4,725 $12,455
2018 $3,416 $17,180 $4,725 $12,455
2017 $231 $15,297 $4,252 $11,045
2016 $659 $15,297 $4,252 $11,045
2015 $633 $15,297 $4,252 $11,045
2014 $628 $14,486 $4,016 $10,470
2013 $631 $14,486 $4,016 $10,470
Source: Public Records

Agents Affiliated with this Home

  • Enrique Zavala

    Seller's Agent in 2020

    Enrique Zavala

    RE/MAX

    (312) 246-0505

    1 in this area

    63 Total Sales

    Enrique Zavala
    Section Image

  • F

    Buyer's Agent in 2020

    Felipe Garcia

    RE/MAX

    (708) 257-9329

    5 in this area

    71 Total Sales

    Felipe Garcia
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10644945

Midwest Real Estate Data (MRED)

APN: 19-11-322-057-0000

Illinois Cook County Chicago 60632 West Elsdon

5340 S Ridgeway Ave, Chicago, IL

This home is located at 5340 S Ridgeway Ave, Chicago, IL 60632 since 22 February 2020 and is currently estimated at $304,752, approximately $277 per square foot. This property was built in 1946. 5340 S Ridgeway Ave is a home located in Cook County with nearby schools including Sandoval Elementary School, Hernandez Middle School, and Curie Metropolitan High School.

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