NOT LISTED FOR SALE

5531 W Eddy St Chicago, IL 60641

Portage Park Neighborhood

Estimated Value: $406,000 - $460,000

4 Beds
2 Baths
1,054 Sq Ft
$407/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $265,000 $251 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,786/month

6 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Attic
  • Deck
  • Main Floor Bedroom
  • Walk-In Pantry

About This Home

As of April 2018

Wonderful opportunity to own a 4 bedroom, 2 bathroom historic bungalow in coveted Portage Park! Many of the gorgeous original detail remain with modern updates. Main level features: beautiful living room with picture window overlooking quaint Eddy, huge separate dining room, generously sized kitchen with large pantry, 2 bedrooms, 1 bathroom and multi-purpose sunroom that leads to large backyard. Unfinished attic upstairs accessible from kitchen has ENDLESS possibilities. Lower level features perfect in-law set up with full kitchen, newer bathroom, family room and 2 additional bedrooms. Separate laundry room in basement. Improvements galore include: newer 2.5 car garage (2013), and privacy fence (2011), newer hot water heater, updated plumbing and electrical, newer windows (2006), and newer ejector pump system. Too many improvements to list! Central Air and Gas Forced Heat too! This one has it all. Walking distance to Chopin & Portage Parks, cafes, restaurants, & farmer's market.

Last Agent to Sell the Property

Megan Wood

Compass License #475159361 Listed on: 03/01/2018

Compass

Co-Listed By

Russell Burton

Compass License #475177939

Last Buyer's Agent

Alley Ballard

@properties Christie's International Real Estate License #475125048

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1926 | 2006

Lot Details

  • 3,746

Parking

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

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • Entrance Foyer
  • Wood Flooring
  • Finished Basement
  • Finished Basement Bathroom
  • Attic

Kitchen

  • Second Kitchen
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $7,500 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1926 | 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 91-100 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2006
  • Total Full or Half Bathrooms: 2
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1926
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926
  • Year Renovated: 2006

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Full Bath
  • Number Of Rooms: 10
  • Living Room: Dimensions: 12X14, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable
  • Attic: Full, Interior Stair, Unfinished
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 8X10, On Level: Basement, Flooring: Stone
  • Dining Room: Dimensions: 12X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Pantry-Walk-in
  • Additional Rooms: 2nd Kitchen, Attic, Deck, Enclosed Porch, Foyer
  • Master Bedroom: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 8X14, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Attic, Dimensions: 29X44, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X10, On Level: Basement, Flooring: Vinyl
  • Additional Room 4 Name: Foyer, Dimensions: 3X5, On Level: Main Level
  • Bedroom 4: Dimensions: 10X10, On Level: Basement, Flooring: Vinyl
  • Additional Room 5 Name: Deck, Dimensions: 14X6, On Level: Main Level
  • Additional Room 6 Name: 2nd Kitchen, Dimensions: 10X10, On Level: Basement
  • Dining Room Type: Separate
  • Family Room: Dimensions: 29X12, On Level: Basement, Flooring: Stone, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exterior Property Features: Deck, Patio, Porch
  • Exposure: N (North)

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 125
  • Parcel Identification Number: 13213040120000

Tax Info

  • Taxes: 4100.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Mar 23, 2018
Sold by
Ziemian Ziemian Joanna M Joanna M and Ziemian Kim Joanna
Bought by
Tamarkin Daniel J
Seller's Agent
Megan Wood
Compass
Buyer's Agent
Alley Ballard
@properties Christie's International Real Estate
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%
Current Estimated Value
$429,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,501
Avg. Annual Appreciation
6.40%
Original Mortgage
$257,050
Outstanding Balance
$221,394
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$208,107

Purchase Details

Closed on
Dec 6, 2010
Sold by
Falkiewicz Tadeusz
Bought by
Ziemian Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,907
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2006
Sold by
Lamarca Dawn
Bought by
Falkiewicz Tadeusz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tamarkin Daniel J $265,000 Chicago Title
Ziemian Joanna M $150,000 Pntn
Falkiewicz Tadeusz $300,000 Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamarkin Daniel J $257,050
Previous Owner Ziemian Joanna M $147,907
Previous Owner Falkiewicz Tadeusz $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2018 04/03/18 Sold $265,000 +6.0% $251 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $249,900 -- $237 / 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 $6,478 $40,000 $11,625 $28,375
2024 $6,478 $40,000 $11,625 $28,375
2023 $6,997 $34,000 $9,375 $24,625
2022 $6,997 $34,000 $9,375 $24,625
2021 $6,841 $34,000 $9,375 $24,625
2020 $6,241 $27,997 $5,437 $22,560
2019 $6,324 $31,458 $5,437 $26,021
2018 $5,539 $31,458 $5,437 $26,021
2017 $4,218 $22,959 $4,875 $18,084
2016 $4,101 $22,959 $4,875 $18,084
2015 $3,729 $22,959 $4,875 $18,084
2014 $3,585 $21,875 $4,500 $17,375
2013 $3,503 $21,875 $4,500 $17,375
Source: Public Records

Agents Affiliated with this Home

  • Megan Wood

    Seller's Agent in 2018

    Megan Wood

    Compass

    (773) 273-9581

    2 in this area

    158 Total Sales

    Megan Wood
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Russell Burton

    Compass

    (773) 710-1027

    2 in this area

    129 Total Sales

    Russell Burton
    Section Image
  • Alley Ballard

    Buyer's Agent in 2018

    Alley Ballard

    @ Properties

    (312) 848-7787

    3 in this area

    275 Total Sales

    Alley Ballard
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09871020

Midwest Real Estate Data (MRED)

APN: 13-21-304-012-0000

Illinois Cook County Chicago 60641 Portage Park

5531 W Eddy St, Chicago, IL

Not Listed for Sale

Detached

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