NOT LISTED FOR SALE

5537 N Spaulding Ave Chicago, IL 60625

North Park Neighborhood
6 Beds
2 Baths
-- Sq Ft
1922 Built

Last Sold October 01, 2020

Last sale price $380,000

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Senior Tax Exemptions

About This Home

As of October 2020

Classic, large 2 unit building with spacious 6 room, 3 bedroom and 1 bath apartments on a 30 foot lot. Units feature hardwood flooring, decorative fireplaces, built-in hutches and laundry chutes. Wonderful opportunity for someone willing to do the work. The area offers great rental prices. Close to Northside College Preparatory High School, Northeastern Illinois University and North Park University.

Last Agent to Sell the Property

John Erakovich

Compass License #475090950 Listed on: 09/02/2020

Compass

Last Buyer's Agent

Richard Kasper

Compass License #475146171

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1922

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30 x 125

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,367

Year Built

Built in 1922

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 3624

Lot Info

  • Lot Dimensions: 30 X 125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1367
  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $380,000 -7.3% --
09/06/2020 09/06/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $409,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $9,105 $52,000 $13,020 $38,980
2024 $9,105 $52,000 $13,020 $38,980
2023 $8,876 $43,000 $10,416 $32,584
2022 $8,876 $43,000 $10,416 $32,584
2021 $8,675 $43,000 $10,416 $32,584
2020 $1,372 $39,045 $5,394 $33,651
2019 $1,368 $44,880 $5,394 $39,486
2018 $1,347 $44,880 $5,394 $39,486
2017 $6,562 $36,457 $4,836 $31,621
2016 $1,849 $36,457 $4,836 $31,621
2015 $1,777 $36,457 $4,836 $31,621
2014 $1,762 $32,312 $4,464 $27,848
2013 $1,768 $32,312 $4,464 $27,848
Source: Public Records

Agents Affiliated with this Home

  • John Erakovich

    Seller's Agent in 2020

    John Erakovich

    Compass

    (773) 860-7960

    14 Total Sales

    John Erakovich
    Section Image
  • Richard Kasper

    Buyer's Agent in 2020

    Richard Kasper

    Compass

    (312) 733-7201

    327 Total Sales

    Richard Kasper
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10844938

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60625 North Park

5537 N Spaulding Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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