NOT LISTED FOR SALE

5620 N Artesian Ave Chicago, IL 60659

West Ridge Neighborhood
5 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: July 27, 2020

Last sale price $430,000

6 Days on Market

About This Home

As of July 2020

FIRST TIME ON THE MARKET IN 30 YEARS, JUMBO SIZE LEGAL 2 FLAT WITH GARDEN UNIT IN ARCADIA TERRACE NEIGHBORHOOD NEXT TO LINCOLN SQUARE. FIRST & SECOND FLOORS HAVE 2 BEDROOM AND 1 BATH EACH WITH ENCLOSED PORCH AS AN OFFICE SPACE. GAS AND ELECTRIC SEPARATE FOR EACH UNIT & TENANTS PAY FOR THEIR OWN UTILITIES. SEWER LINES UPDATED/REPLACED. CURRENTLY ON MONTH TO MONTH LEASE LONG TERM TENANTS WITH LOW RENTS. GREAT POTENTIAL FOR HIGHER RENTS. LOTS OF POTENTIAL FOR OWNER OCCUPIED OR INVESTMENT.

Last Agent to Sell the Property

Khurram Qureshi

Coldwell Banker Realty License #471009552 Listed on: 05/29/2020

Coldwell Banker Realty

Last Buyer's Agent

Mark Keppy

Baird & Warner License #475119708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,293

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,293

Year Built

Built in 1925

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • 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
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 3720
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7293
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • 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
May 29, 2020
Closed on
Jul 24, 2020
Sold by
Bought by
Seller's Agent
Khurram Qureshi
Coldwell Banker Realty
Buyer's Agent
Mark Keppy
Baird & Warner
List Price
$479,900
Sold Price
$430,000
Premium/Discount to List
-$49,900
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
0.0437%
Mortgage Type
New Conventional
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
$430,000 Chicago Title
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
Previous Owner $322,500
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
07/27/2020 07/27/20 Sold $430,000 -10.4% --
06/04/2020 06/04/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $479,900 -- --
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 $9,073 $50,000 $13,764 $36,236
2024 $9,073 $50,000 $13,764 $36,236
2023 $8,845 $43,000 $11,160 $31,840
2022 $8,845 $43,000 $11,160 $31,840
2021 $8,648 $43,003 $11,163 $31,840
2020 $7,155 $32,120 $6,696 $25,424
2019 $7,418 $36,920 $6,696 $30,224
2018 $7,293 $36,920 $6,696 $30,224
2017 $7,071 $32,846 $5,952 $26,894
2016 $7,014 $35,019 $5,952 $29,067
2015 $6,939 $37,867 $5,952 $31,915
2014 $5,546 $29,891 $5,580 $24,311
2013 $5,436 $29,891 $5,580 $24,311
Source: Public Records

Agents Affiliated with this Home

  • Khurram Qureshi

    Seller's Agent in 2020

    Khurram Qureshi

    Coldwell Banker Realty

    (312) 476-0606

    4 in this area

    57 Total Sales

    Khurram Qureshi
    Section Image
  • Mark Keppy

    Buyer's Agent in 2020

    Mark Keppy

    Baird & Warner

    (773) 301-6332

    5 in this area

    211 Total Sales

    Mark Keppy
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10729076

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60659 West Ridge

5620 N 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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