NOT LISTED FOR SALE

5514 N Wayne Ave Chicago, IL 60640

Andersonville Neighborhood

Estimated Value: $1,320,832 - $1,703,000

4 Beds
4 Baths
4,100 Sq Ft
$368/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,072,500 $262 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,647/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Victorian Architecture
  • Double Shower
  • Wood Flooring
  • 4-minute walk to Cochran Playlot

About This Home

As of August 2020

Lakewood Balmoral home on a spectacular 37.5 ft wide lot! This 4BR home is the perfect blend of original character and seamless contemporary elements including a fabulous open-layout great room addition with vaulted kitchen ceilings and skylights which provide a bright, sunny and modern space that will make you want to stay all day! Adjacent eat-in area and living space with fireplace overlook the back yard and a huge charming outdoor patio area which was wisely designed for multiple spaces and uses and with care-free landscaping for your busy life. This home is absolutely perfect for entertaining and also has a large enclosed front porch, stunning living room with fireplace, original stair case and window seat as well as a formal dining room with built-in dining hutch and 1st floor powder room and walk-in coat closet. 2nd level of home features 4 bedrooms 2 baths and a very large master suite with vaulted ceilings, walk-in closet, bonus closet and a large master bath with double sinks, separate 2-person shower & deep tub. Awesome 3rd floor attic with skylights and internal staircase would be perfect for finishing out as another living space, bedroom, studio, work at home space or play area and already has pipes for potential 5th bathroom. Spacious lower level features a finished family room area perfect for tv, workout area and/or play area and also has a very large laundry room and tons of storage! All this with zoned HVAC system & 200 amp. electrical service. Just a few blocks to the red line "L," Lake Shore Drive, Express buses and the beach and bike path not to mention all of the wonderful shops, restaurants, & entertainment that are at your doorstep in Andersonville, one of Chicago's Hottest Neighborhoods! Peirce Elementary School District and close to Waldorf, Sacred Heart, Roger's Park Montessori, Lycee Francaise & the German School as well. Enjoy a true community with an active block club & neighborhood socials under a canopy of mature trees in the Lakewood Balmoral Historic District. This honorary designation offers tax incentives, but no restrictions.

Last Agent to Sell the Property

Michael Hall

Baird & Warner License #475148426 Listed on: 07/02/2020

Baird & Warner

Last Buyer's Agent

Jennifer Schreiber

Baird & Warner License #475170744

Baird & Warner

Home Details

Home Type

  • Single Family

Year Built

  • 1904

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

Parking

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

Home Design

  • Victorian Architecture
  • Frame Construction
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Screened Porch
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Double Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1904

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Style Of House: Victorian
  • Type Detached: 3 Stories
  • Estimated Year Built: 1904
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1904

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Oven/Built-in
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Full, Interior Stair
  • Fireplace Location: Family Room, Living Room
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Double Shower
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Deck, Enclosed Porch, Foyer, Great Room
  • Master Bedroom: Dimensions: 19X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Great Rm, Dimensions: 14X15, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 10X8, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Deck, Dimensions: 14X4, On Level: Main Level
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Enclosed Porch, Dimensions: 22X10, On Level: Main Level
  • Bedroom 4: Dimensions: 11X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 4100
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Frame, Stucco, Wood Siding
  • Exterior Property Features: Deck, Patio, Porch, Porch Screened, Storms/Screens
  • Exposure: N (North), S (South), E (East), W (West)
  • Acreage: 0.1059

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: 200+ Amp Service
  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 37.5 X 123
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 14081030330000

Tax Info

  • Taxes: 14973.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 14, 2020
Sold by
Smith Steven R and Smith Catherine M
Bought by
Pincus Joshua and Mendelson Claudia
Seller's Agent
Michael Hall
Baird & Warner
Buyer's Agent
Jennifer Schreiber
Baird & Warner
List Price
$1,135,000
Sold Price
$1,072,500
Premium/Discount to List
-$62,500
-5.51%
Current Estimated Value
$1,509,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,208
Avg. Annual Appreciation
6.51%
Original Mortgage
$510,400
Interest Rate
2.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pincus Joshua $1,072,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pincus Joshua $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $1,072,500 -5.5% $262 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $1,135,000 -- $277 / 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
2025 $21,033 $107,660 $45,889 $61,771
2024 $21,033 $107,660 $45,889 $61,771
2023 $20,482 $103,000 $36,896 $66,104
2022 $20,482 $103,000 $36,896 $66,104
2021 $20,043 $103,000 $36,896 $66,104
2020 $14,699 $71,568 $22,137 $49,431
2019 $14,561 $78,647 $22,137 $56,510
2018 $14,974 $81,987 $22,137 $59,850
2017 $12,627 $58,657 $19,370 $39,287
2016 $12,405 $66,215 $19,370 $46,845
2015 $11,653 $66,215 $19,370 $46,845
2014 $10,480 $59,051 $14,758 $44,293
2013 $10,262 $59,051 $14,758 $44,293
Source: Public Records

Agents Affiliated with this Home

  • Michael Hall

    Seller's Agent in 2020

    Michael Hall

    Baird Warner

    (773) 398-4359

    13 in this area

    199 Total Sales

    Michael Hall
    Section Image
  • Jennifer Schreiber

    Buyer's Agent in 2020

    Jennifer Schreiber

    Baird & Warner

    (312) 213-0424

    1 in this area

    128 Total Sales

    Jennifer Schreiber
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10767720

Midwest Real Estate Data (MRED)

APN: 14-08-103-033-0000

Illinois Cook County Chicago 60640 Andersonville

5514 N Wayne Ave, Chicago, IL

Not Listed for Sale

Detached

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