NOT LISTED FOR SALE

5520 W Dakin St Chicago, IL 60641

Portage Park Neighborhood

Estimated Value: $475,990 - $601,000

4 Beds
2 Baths
2,527 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $415,000 $164 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,300/month

2 Days on Market

Highlights

  • Detached Garage
  • European Shower
  • 4-minute walk to Portage Park

About This Home

As of February 2022

Move right into this 4 bedroom/2bath certified Historic Bungalow in the heart of Portage Park. The home faithfully combines the best of its historic elements with modern updates. The current owners have lovingly restored much of this home to its original glory including it's original woodwork featuring quarter sawn oak crown moldings and removable 1915 mantel in the living room. The kitchen marries the best of old and new with solid oak custom cabinetry by Hummingbird, custom soapstone counters and sink, subway tile backsplash and pantry. The separate dining room can easily accommodate large gatherings. The recently remodeled back porch is perfect for a breakfast room with salvaged schoolhouse sink with a lab-style faucet running filtered water. 2 bedrooms and a full bathroom with a walk in shower complete this main floor living area. The basement has a ton of usable space, from a large living/recreation area with a wine/beer cellar, to two bedrooms, a full bathroom, laundry/utility room and a summer kitchen, equipped with gas and water hookups. The tall, full length insulated attic is ready to be transformed into a living space. New boiler (2015), updated copper water lines and new electrical wiring, including a new breaker, are just some of the upgrades that will bring you peace of mind for years to come! An outdoor patio with gas hookup is perfect for outdoor entertaining. The area is buzzing with activity from beautiful Portage Park (38 acres) nearby with indoor and outdoor pools, the popular corner coffee shop, gym, and restaurants just steps away. Close to 6-corners with the $ 400 Million Investment project is sure to make this area even more vibrant in the future.

Last Agent to Sell the Property

Marja Helena Koivisto

@properties Christie's International Real Estate License #475161734 Listed on: 01/21/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Jon Gerstein

@properties Christie's International Real Estate License #475123178

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,513

Year Built

  • 1925

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,527 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Finished Basement Bathroom

Bedrooms and Bathrooms

  • European Shower
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,513

Year Built

1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • 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
  • Architectural Style: Bungalow
  • Directions: Irving Park Rd west,left (south) on Linder Ave, left (west) on Dakin
  • Lot Size: 30 X 123
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Water Purifier, Range Hood
  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 2527
  • Assessed Sq Ft: 1151
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,European Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 1307
  • Basement Sq Ft: 1220
  • Total Sq Ft: 2527
  • Attic: Full,Interior Stair,Unfinished
  • Main Level Sq Ft: 1307
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1220
  • Dining Room Type: Enclosed Porch Heated, Pantry, Foyer, Kitchen, Recreation Room, Other Room

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Baseboard
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 4735.18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 24, 2022
Sold by
Schug Christopher G
Bought by
Walsh Kelly Dulcenee and Clune Jeremiah
Seller's Agent
Marja Helena Koivisto
@properties Christie's International Real Estate
Buyer's Agent
Jon Gerstein
@properties Christie's International Real Estate
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Current Estimated Value
$533,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,748
Avg. Annual Appreciation
7.18%
Original Mortgage
$332,000
Outstanding Balance
$308,100
Interest Rate
3.5%
Estimated Equity
$225,648

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 22, 2022
Sold by
Schug Christopher G
Bought by
Walsh Kelly Dulcenee and Clune Jeremiah
Seller's Agent
Marja Helena Koivisto
@properties Christie's International Real Estate
Buyer's Agent
Jon Gerstein
@properties Christie's International Real Estate
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$308,100
Interest Rate
3.5%
Estimated Equity
$225,648

Purchase Details

Closed on
Aug 19, 2009
Sold by
Flores Gustavo
Bought by
Schug Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Rosiak Alexander and Rosiak Zofia
Bought by
Flores Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
7.12%
Mortgage Type
Unknown
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
Walsh Kelly Dulcenee $415,000 --
Walsh Kelly Dulcenee $415,000 --
Schug Christopher G $217,000 Multiple
Flores Gustavo $381,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Kelly Dulcenee $332,000
Previous Owner Schug Christopher G $173,600
Previous Owner Flores Gustavo $304,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $415,000 +10.7% $164 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $375,000 -- $148 / 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 $5,513 $31,469 $12,915 $18,554
2023 $5,352 $29,428 $10,332 $19,096
2022 $5,352 $29,428 $10,332 $19,096
2021 $5,251 $29,428 $10,332 $19,096
2020 $4,735 $24,346 $4,612 $19,734
2019 $4,810 $27,355 $4,612 $22,743
2018 $5,168 $29,584 $4,612 $24,972
2017 $3,937 $21,652 $4,059 $17,593
2016 $3,839 $21,652 $4,059 $17,593
2015 $3,489 $21,652 $4,059 $17,593
2014 $3,313 $20,414 $3,690 $16,724
2013 $3,471 $21,700 $3,690 $18,010
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marja Helena Koivisto

    @ Properties

    Section Image
  • Jon Gerstein

    Buyer's Agent in 2022

    Jon Gerstein

    @ Properties

    (312) 961-2129

    2 in this area

    68 Total Sales

    Jon Gerstein
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11308947

Midwest Real Estate Data (MRED)

APN: 13-21-100-034-0000

Illinois Cook County Chicago 60641 Portage Park

5520 W Dakin St, Chicago, IL

This home is located at 5520 W Dakin St, Chicago, IL 60641 since 21 January 2022 and is currently estimated at $533,748, approximately $211 per square foot. This property was built in 1925. 5520 W Dakin St is a home located in Cook County with nearby schools including Portage Park Elementary School, Schurz High School, and Pope Francis Global Academy.

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