NOT LISTED FOR SALE

5831 N Central Park Ave Chicago, IL 60659

North Park Neighborhood

Estimated Value: $528,000 - $650,000

3 Beds
2.5 Baths
2,120 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $480,000 $226 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,669/month

Highlights

  • Deck
  • Georgian Architecture
  • 1 Car Detached Garage
  • Recreation Room
  • 1 Fireplace
  • 4-minute walk to Peterson Park

About This Home

As of September 2024

Stunning Georgian, located on tree-lined Central Park, directly across Peterson Park! This home has been kept in immaculate condition, with everything top of the line! Ornate, wood-burning fireplace, hardwood floors, custom shutters and gorgeous chandelier in exquisite living room and dining room. Magnificent, 30 foot long, eat-in kitchen, with overhead skylight, and hardwood floors. Doors with glass enclosed blinds lead to oversized deck, and fenced-in backyard. Extra large bedrooms upstairs with deep, walk-in closets. First floor powder room and upstairs full bath each have custom marble counters with ornate vanities. Full, finished basement includes wet-bar, much storage, and oversized laundry room. Minutes away from Northeastern University, as well as steps to massive Peterson Park, including tennis courts, playground, and walking/bike trails. Sold As-Is. This treasure is waiting for new owners to love it, just as the present owners have these last 46 years!

Last Agent to Sell the Property

Yale Zimmerman

Charles Rutenberg Realty of IL License #475157565 Listed on: 07/26/2024

Charles Rutenberg Realty of IL

Last Buyer's Agent

Anthony Rodriguez

Coldwell Banker Realty License #471007518

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1945

Lot Details

  • 3,751 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • Peterson Elementary School
  • Von Steuben Metro Science Senior High School

Utilities

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • 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, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 2120
  • Room Type: Recreation Room, Deck
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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: Peterson Elementary School
  • High School: Von Steuben Metro Science Senior

Lot Info

  • Lot Size Acres: 0.0861
  • Lot Dimensions: 30 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1256
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 9, 2024
Sold by
Richter Sidney Israel and Richter Edith
Bought by
Tonsing Lulun
Seller's Agent
Yale Zimmerman
Charles Rutenberg Realty of IL
Buyer's Agent
Anthony Rodriguez
Coldwell Banker Realty
List Price
$497,770
Sold Price
$480,000
Premium/Discount to List
-$17,770
-3.57%
Current Estimated Value
$570,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,461
Avg. Annual Appreciation
14.32%
Original Mortgage
$384,000
Outstanding Balance
$378,560
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$191,901

Purchase Details

Closed on
Sep 14, 2017
Sold by
Richter Sidney Israel and Richter Edith
Bought by
Richter Sidney Israel and Richter Edith

Purchase Details

Closed on
Mar 2, 1994
Sold by
Lasalle National Trust Na
Bought by
Richter Sidney Israel and Richter Edith
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

Date Buyer Sale Price Title Company
Tonsing Lulun $480,000 None Listed On Document
Richter Sidney Israel -- None Available
Richter Sidney Israel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tonsing Lulun $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold $480,000 -3.6% $226 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $497,770 -- $235 / 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
2025 $8,266 $52,000 $13,125 $38,875
2024 $8,266 $52,000 $13,125 $38,875
2023 $1,256 $45,000 $10,500 $34,500
2022 $1,256 $45,000 $10,500 $34,500
2021 $1,195 $45,003 $10,503 $34,500
2020 $1,234 $39,148 $5,437 $33,711
2019 $1,230 $43,498 $5,437 $38,061
2018 $1,211 $43,498 $5,437 $38,061
2017 $1,297 $38,957 $4,875 $34,082
2016 $1,706 $38,957 $4,875 $34,082
2015 $1,640 $38,957 $4,875 $34,082
2014 $1,626 $35,299 $4,500 $30,799
2013 $1,631 $35,299 $4,500 $30,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12111025

Midwest Real Estate Data (MRED)

APN: 13-02-409-009-0000