NOT LISTED FOR SALE

5642 N Artesian Ave Chicago, IL 60659

West Ridge Neighborhood

Estimated Value: $394,000 - $463,000

2 Beds
2 Baths
880 Sq Ft
$489/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $350,000 $398 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,783/month

25 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Living Room

About This Home

As of September 2023

RARELY AVAILABLE RANCH IN ARCADIA TERRACE! HERE'S YOUR OPPORTUNITY TO FRESHEN UP THIS EXTREMELY WELL MAINTAINED 2 BEDROOM 2 BATHROOM HOME (W/ 3RD BEDROOM IN BASEMENT). LOVELY CURB APPEAL ON QUIET TREE LINED STREET. THIS HOME HAS GREAT BONES FEATURING HARDWOOD FLOORS THROUGHOUT, NEWER FURNACE & WATER HEATER, AND A GREAT FLOORPLAN MAKING IT SO YOU JUST HAVE SOME COSMETIC UPDATES TO DO OR MOVE IN AS IT IS! LIVING ROOM W/ WOOD BURNING FIREPLACE LEADS INTO SEPARATE DINING ROOM. KITCHEN LEADS OUT TO A GREAT DECK AND YARD AS WELL AS A 2 CAR GARAGE. BASEMENT IS VERY SPACIOUS W/ HUGE BEDROOM, FULL BATH, LAUNDRY, AND PLENTY OF STORAGE. THIS HOME IS CONVENIENTLY LOCATED JUST A QUICK WALK OR BUS RIDE TO THE BROWN LINE AND EVERYTHING LINCOLN SQUARE & ANDERSONVILLE HAVE TO OFFER AND JUST STEPS FROM THE WEST RIDGE NATURE PRESERVE.

Last Agent to Sell the Property

Jim Streff

Berkshire Hathaway HomeServices Chicago License #475132643 Listed on: 07/31/2023

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Michael Tye

Berkshire Hathaway HomeServices Chicago License #475181174

Last Buyer's Agent

Richard Neal

@properties Christie's International Real Estate License #471015122

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28x124

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Jamieson Elementary School
  • Mather High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,033

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Jamieson Elementary School
  • High School: Mather High School
  • Middle/Junior School: Jamieson Elementary School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 28X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6033.33
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 27, 2023
Sold by
Penny David P and Penny Kerry A
Bought by
Baker Seth
Seller's Agent
Jim Streff
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Richard Neal
@properties Christie's International Real Estate
List Price
$372,500
Sold Price
$350,000
Premium/Discount to List
-$22,500
-6.04%
Views
416
Current Estimated Value
$430,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,385
Avg. Annual Appreciation
9.58%
Original Mortgage
$280,000
Outstanding Balance
$274,191
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$156,194

Purchase Details

Closed on
Oct 15, 2020
Sold by
Lazar Freddy and Lazar Julet
Bought by
Penny David P and Penny Kerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1997
Sold by
Breger Lynn M and Henry Lynn M
Bought by
Lazar Freddy and Lazar Julet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Baker Seth $350,000 None Listed On Document
Penny David P $295,000 Chicago Title
Lazar Freddy $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Seth $280,000
Previous Owner Penny David P $232,000
Previous Owner Lazar Freddy $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $350,000 -4.1% $398 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $365,000 -2.0% $415 / Sq Ft
08/06/2023 08/06/23 For Sale $372,500 0.0% $423 / Sq Ft
08/06/2023 08/06/23 Off Market $372,500 -- --
07/31/2023 07/31/23 For Sale $372,500 -- $423 / 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 $6,330 $33,000 $12,846 $20,154
2023 $6,171 $30,000 $10,416 $19,584
2022 $6,171 $30,000 $10,416 $19,584
2021 $6,033 $30,003 $10,419 $19,584
2020 $5,481 $27,705 $6,249 $21,456
2019 $5,565 $31,130 $6,249 $24,881
2018 $5,471 $31,130 $6,249 $24,881
2017 $4,898 $26,129 $5,555 $20,574
2016 $4,733 $26,129 $5,555 $20,574
2015 $4,307 $26,129 $5,555 $20,574
2014 $3,888 $23,525 $5,208 $18,317
2013 $3,800 $23,525 $5,208 $18,317
Source: Public Records

Agents Affiliated with this Home

  • Jim Streff

    Seller's Agent in 2023

    Jim Streff

    Berkshire Hathaway HomeServices Chicago

    (773) 490-1578

    5 in this area

    308 Total Sales

    Jim Streff
    Section Image
  • Michael Tye

    Seller Co-Listing Agent in 2023

    Michael Tye

    Berkshire Hathaway HomeServices Chicago

    (847) 207-1402

    4 in this area

    126 Total Sales

    Michael Tye
    Section Image
  • Richard Neal

    Buyer's Agent in 2023

    Richard Neal

    @ Properties

    (773) 220-2884

    1 in this area

    64 Total Sales

    Richard Neal
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11846991

Midwest Real Estate Data (MRED)

APN: 13-01-431-019-0000

Illinois Cook County Chicago 60659 West Ridge

5642 N Artesian Ave, Chicago, IL

Not Listed for Sale

Detached

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