NOT LISTED FOR SALE

5616 S Artesian Ave Chicago, IL 60629

Gage Park Neighborhood
7 Beds
3 Baths
2,184 Sq Ft
1912 Built

Sale Details

Date Sold: December 12, 2024

Last sale price $390,000 $179 Per Sq Ft

48 Days on Market

About This Home

As of December 2024

Live in one unit and rent the other! Take a look at this well-maintained brick 2-unit building located in Gage Park. Second floor comes with 2 bedrooms, enclosed porch, full bath, separate dining and living room. First floor comes with 3 bedrooms, full bath, enclosed porch and separate dining and living room. Both units with separate utilities. Full finished basement with 2 bedrooms and full bath. 2-car Garage. Schedule your private tour today!

Last Agent to Sell the Property

Jorge Torrescano

Smart Home Realty License #475190547 Listed on: 09/03/2024

Last Buyer's Agent

Dennis Guno

American International Realty Corp. License #471010137

American International Realty Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1912

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 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

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,050

Year Built

Built in 1912

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • 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
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 3246
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4049.87
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Dec 11, 2024
Sold by
Bought by
Seller's Agent
Jorge Torrescano
Smart Home Realty
Buyer's Agent
Dennis Guno
American International Realty Corp.
List Price
$390,000
Sold Price
$390,000
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
0.0675%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 Fidelity National Title
-- Counselors Title
-- Law Title Insurance Co Inc
$67,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $382,936
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $390,000 0.0% $179 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $390,000 -- $179 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,176 $22,000 $1,623 $20,377
2024 $4,176 $22,000 $1,623 $20,377
2023 $4,050 $23,000 $2,597 $20,403
2022 $4,050 $23,000 $2,597 $20,403
2021 $3,955 $22,999 $2,596 $20,403
2020 $1,642 $10,424 $2,596 $7,828
2019 $1,758 $12,122 $2,596 $9,526
2018 $1,727 $12,122 $2,596 $9,526
2017 $2,721 $15,933 $2,272 $13,661
2016 $2,709 $15,933 $2,272 $13,661
2015 $2,457 $15,933 $2,272 $13,661
2014 $2,347 $15,123 $2,109 $13,014
2013 $2,291 $15,123 $2,109 $13,014
Source: Public Records

Agents Affiliated with this Home

  • Jorge Torrescano

    Seller's Agent in 2024

    Jorge Torrescano

    Smart Home Realty

    (773) 698-3770

    2 in this area

    31 Total Sales

    Jorge Torrescano
    Section Image

  • D

    Buyer's Agent in 2024

    Dennis Guno

    American International Realty Corp.

    (312) 217-4866

    1 in this area

    28 Total Sales

    Dennis Guno
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12153839

Midwest Real Estate Data (MRED)

APN: 19132100220000

Illinois Cook County Chicago 60629 Gage Park

5616 S Artesian Ave, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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