NOT LISTED FOR SALE

5706 N Newark Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $602,000 - $690,373

4 Beds
1.5 Baths
2,078 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2024

Last sale price $460,000 $221 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,498 / mo

16 Days on Market

Highlights

  • Home Office
  • Formal Dining Room
  • Central Air
  • Norwood Park Elementary School Rated A-
  • 2 Car Detached Garage
  • 3-minute walk to Norwood Park

About This Home

As of February 2024

Fantastic Opportunity in Norwood Park. Solid Home on a large lot in a Highly Coveted Location. Hardwood Floors Throughout. 4 Bedrooms. Separate Dining Room. Separate Office on Main Floor. Wood Burning Fireplace. Unfinished Basement. This Home has Enormous Potential but Needs Extensive Work. Estate Sale. Sold "As-Is"

Last Agent to Sell the Property

Fergal Tierney

Compass License #475153447 Listed on: 12/09/2023

Compass

Last Buyer's Agent

Ben Lalez

Compass License #475124644

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,261

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 50x200

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,078 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Home Office
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Norwood Park Elementary School
  • William Howard Taft High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,261

Year Built

Built in 1919

Lot Details

10,585 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2078
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block, Other
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Norwood Park Elementary School
  • High School: William Howard Taft High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X200
  • 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: 11261
  • Tax Year: 2021
  • Tax Exemptions: None

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
Dec 9, 2023
Closed on
Feb 2, 2024
Sold by
Bought by
Seller's Agent
Fergal Tierney
Compass
Buyer's Agent
Ben Lalez
Compass
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Views
467
Current Estimated Value
$651,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,593
Avg. Annual Appreciation
15.97%
Original Mortgage
$437,000
Outstanding Balance
$428,345
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$223,248

Purchase Details

Listed on
Dec 9, 2023
Closed on
Jan 29, 2024
Sold by
Bought by
Seller's Agent
Fergal Tierney
Compass
Buyer's Agent
Ben Lalez
Compass
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Views
467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Outstanding Balance
$428,345
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$223,248

Purchase Details

Closed on
Jul 6, 2007
Sold by
Bought by
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

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
$460,000 Proper Title
-- Proper Title
-- None Available
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 $437,000
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
02/16/2024 02/16/24 Sold $460,000 -3.2% $221 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $475,000 -- $229 / 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 $11,815 $58,000 $26,500 $31,500
2024 $11,815 $58,000 $26,500 $31,500
2023 $11,518 $56,000 $21,200 $34,800
2022 $11,518 $56,000 $21,200 $34,800
2021 $11,261 $56,000 $21,200 $34,800
2020 $9,589 $43,044 $13,250 $29,794
2019 $9,504 $47,302 $13,250 $34,052
2018 $9,344 $47,302 $13,250 $34,052
2017 $9,082 $42,189 $10,600 $31,589
2016 $8,450 $42,189 $10,600 $31,589
2015 $2,777 $44,410 $10,600 $33,810
2014 $2,753 $41,334 $9,540 $31,794
2013 $2,763 $41,334 $9,540 $31,794
Source: Public Records

Agents Affiliated with this Home

  • Fergal Tierney

    Seller's Agent in 2024

    Fergal Tierney

    Compass

    (773) 710-5630

    1 in this area

    76 Total Sales

    Fergal Tierney
    Section Image
  • Ben Lalez

    Buyer's Agent in 2024

    Ben Lalez

    Compass

    (312) 789-4054

    10 in this area

    1,510 Total Sales

    Ben Lalez
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11898434

Midwest Real Estate Data (MRED)

APN: 13-06-405-017-0000

Illinois Cook County Chicago 60631 Norwood Park

5706 N Newark 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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