NOT LISTED FOR SALE

5507 N Monitor Ave Chicago, IL 60630

Jefferson Park Neighborhood

Estimated Value: $456,000 - $490,000

6 Beds
3 Baths
1,044 Sq Ft
$450/Sq Ft Est. Value

Last Sold December 11, 2021

Last sale price $390,000 $374 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,849/month

33 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Senior Tax Exemptions
  • 4-minute walk to Gladstone Park
  • William Howard Taft High School Rated A-

About This Home

As of December 2021

LOCATION, LOCATION WITH WIDE 39 FT LOT, 2 LARGE UNITS, 3 BEDROOMS EACH, 1ST AND 2ND FLOORS. LOWER LEVEL UNIT HAS 2BEDROOMS. NEAR METRA/BLUE LINE/KENNEDY X-WAY. EA APT W/CUSTOM MAPLE CAB KITS, EXPOSED OAK FLOORS & LAUNDRY FACILITIES ON 1ST AND 2ND FLOOR. PLENTY OF CABINET & CLOSET SPACE. PULL DOWN LADDER FOR STORAGE IN ATTIC. FULL FIN LOWER LEVEL IN-LAW W/DELUX CABKIT & BATH W/5 RMS-2 BEDROOMS, 2 ENTRANCES. RECENT IRON OUTDOOR REAR STAIRS, 2 CAR GARAGE AND OUTDOOR PARKING WITH SLIDEGATE, IDEAL FOR CONTRACTOR/LARGE VEHICLES. OWNER MAKES NO REPRESENTATION AS TO LOWER UNIT WITH 2 ENTRANCES. GREAT OPPORTUNITY FOR INVESTORS, LARGE FAMILIES OR LOOKING FOR RENTAL INCOMES. SOLD AS IS.

Last Agent to Sell the Property

Michael Kwit

North Oak Group License #471010202 Listed on: 08/20/2021

Last Buyer's Agent

Suzanne Cimino

Coldwell Banker Realty License #475080959

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1903

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 39x134

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,729

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner

Exterior Features

  • List Price: 425000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 39X134
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3728.65
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 26, 2021
Sold by
Palasz Teresa
Bought by
Travers Charles L
Seller's Agent
Michael Kwit
North Oak Group
Buyer's Agent
Suzanne Cimino
Coldwell Banker Realty
Sold Price
$390,000
Current Estimated Value
$469,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,584
Avg. Annual Appreciation
4.90%
Original Mortgage
$357,142
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2014
Sold by
Borsuk Daria
Bought by
Borsuk Daria and Palasz Teresa

Purchase Details

Closed on
Nov 14, 2003
Sold by
Sikora Ryszard and Sikora Marta
Bought by
Borsuk Daria

Purchase Details

Closed on
May 1, 2000
Sold by
Pampinella Jean and Pampinella Ronald
Bought by
Sikora Ryszard and Sikora Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
8%

Purchase Details

Closed on
Jun 6, 1994
Sold by
Pampinella Jean
Bought by
Pampinella Jean and Pampinella Ronald
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Travers Charles L $390,000 Chicago Title
Borsuk Daria -- None Available
Borsuk Daria $400,000 Stewart Title
Sikora Ryszard $178,000 First American Title
Pampinella Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Travers Charles L $357,142
Previous Owner Sikora Ryszard $142,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2021 12/11/21 Sold $390,000 0.0% $374 / Sq Ft
11/17/2021 11/17/21 Off Market $390,000 -- --
09/24/2021 09/24/21 Pending -- -- --
09/15/2021 09/15/21 For Sale -- -- --
08/30/2021 08/30/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $425,000 0.0% $407 / Sq Ft
11/23/2015 11/23/15 For Rent $1,300 0.0% --
11/23/2015 11/23/15 Rented $1,300 -- --
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 $4,644 $37,001 $14,728 $22,273
2023 $4,528 $22,000 $9,400 $12,600
2022 $4,528 $22,000 $9,400 $12,600
2021 $4,427 $22,000 $9,400 $12,600
2020 $5,786 $25,956 $7,952 $18,004
2019 $4,557 $28,841 $7,952 $20,889
2018 $5,700 $28,841 $7,952 $20,889
2017 $3,930 $27,002 $7,068 $19,934
2016 $4,293 $27,002 $7,068 $19,934
2015 $4,951 $27,002 $7,068 $19,934
2014 $4,602 $24,787 $6,479 $18,308
2013 $4,511 $24,787 $6,479 $18,308
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Kwit

    North Oak Group

    (773) 263-3927

    1 in this area

    2 Total Sales

    Michael Kwit
    Section Image

  • S

    Buyer's Agent in 2021

    Suzanne Cimino

    Coldwell Banker Realty

    (773) 859-8800

    1 in this area

    15 Total Sales

    Suzanne Cimino
    Section Image
  • Pamela Sikora-Lasch

    Seller's Agent in 2015

    Pamela Sikora-Lasch

    Weichert Realtors Ambassador

    (773) 407-9719

    34 Total Sales

    Pamela Sikora-Lasch
    Section Image
  • Stephen Costa

    Buyer's Agent in 2015

    Stephen Costa

    Weichert Realtors Ambassador

    (847) 763-6464

    1 in this area

    17 Total Sales

    Stephen Costa
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11196688

Midwest Real Estate Data (MRED)

APN: 13-08-202-045-0000

Illinois Cook County Chicago 60630 Jefferson Park

5507 N Monitor Ave, Chicago, IL

This home is located at 5507 N Monitor Ave, Chicago, IL 60630 since 20 August 2021 and is currently estimated at $469,584, approximately $449 per square foot. This property was built in 1903. 5507 N Monitor Ave is a home located in Cook County with nearby schools including Hitch Elementary School, William Howard Taft High School, and St. Constance School.

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