NOT LISTED FOR SALE

5425 W Pensacola Ave Chicago, IL 60641

Portage Park Neighborhood

Estimated Value: $435,000 - $515,676

3 Beds
1 Bath
1,450 Sq Ft
$328/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $395,000 $272 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,144/month

7 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • Senior Tax Exemptions
  • Enclosed Patio or Porch

About This Home

As of November 2023

Oversized Portage Park brick bungalow with 3 bedrooms on the main floor. Enormous, formal dining room with custom built-in shelving, formal dining room, Big eat-in kitchen with plenty of cabinets, a custom corner window overlooking the yard opens to an enclosed, heated porch. Nicely landscaped yard with a patio and a 2 car garage. Unfinished attic ready for your ideas. Walking distance to Portage Park, grammar school and public transportation.

Last Agent to Sell the Property

Gary Dailey

House Quest Inc License #471014153 Listed on: 10/12/2023

Last Buyer's Agent

Leslie Smith

Mosaic Realty LLC License #475193672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,441

Year Built

  • Built in 1926

Lot Details

  • 3,746

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 30x125

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,441

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1926
  • 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1450
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Baseboard, Radiant
  • 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

  • Lot Dimensions: 30X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 7441
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 14, 2023
Sold by
Lorenz Charles E
Bought by
Williams Noble
Seller's Agent
Gary Dailey
House Quest Inc
Buyer's Agent
Leslie Smith
Mosaic Realty LLC
List Price
$389,900
Sold Price
$395,000
Premium/Discount to List
$5,100
1.31%
Views
463
Current Estimated Value
$476,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,169
Avg. Annual Appreciation
10.06%
Original Mortgage
$316,000
Outstanding Balance
$310,561
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$165,608

Purchase Details

Closed on
Jun 27, 2023
Sold by
Lorenz Charles E
Bought by
Lorenz Charles E and Haugh Cheryl Lynn
Source: Public Records

Range of Values:

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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
Williams Noble $395,000 First American Title
Lorenz Charles E -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Noble $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $395,000 +1.3% $272 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $389,900 -- $269 / 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 $7,813 $41,000 $13,125 $27,875
2023 $7,578 $43,000 $10,500 $32,500
2022 $7,578 $43,000 $10,500 $32,500
2021 $7,441 $43,000 $10,500 $32,500
2020 $5,658 $30,984 $5,437 $25,547
2019 $5,677 $34,427 $5,437 $28,990
2018 $5,579 $34,427 $5,437 $28,990
2017 $4,887 $26,077 $4,875 $21,202
2016 $4,723 $26,077 $4,875 $21,202
2015 $4,298 $26,077 $4,875 $21,202
2014 $4,334 $25,930 $4,500 $21,430
2013 $4,238 $25,930 $4,500 $21,430
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gary Dailey

    House Quest Inc

    7 in this area

    70 Total Sales

    Gary Dailey
    Section Image
  • Leslie Smith

    Buyer's Agent in 2023

    Leslie Smith

    Mosaic Realty LLC

    (630) 334-1725

    1 in this area

    34 Total Sales

    Leslie Smith
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11906988

Midwest Real Estate Data (MRED)

APN: 13-16-305-012-0000

Illinois Cook County Chicago 60641 Portage Park

5425 W Pensacola Ave, Chicago, IL

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