$300,000
SOLD APR 3, 2025
4 Beds
2 Baths
1,735 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

13% Below List Price

79 Days on Market

About This Home

As of April 2025

Nestled in the heart of the Portage Park neighborhood, 5940 W Patterson Ave is a two-unit duplex designed to appeal to both savvy investors and owner-occupants seeking positive cash flow in Chicago. This well-maintained property features a total of 10 rooms, with each unit offering 2 bedrooms and 1 bathroom, creating comfortable and functional living spaces. Inside, the interiors are thoughtfully designed, featuring spacious layouts, ample natural light, and inviting living areas that are perfect for tenants or homeowners. The kitchens and common areas are ideal for daily living, while the bedrooms provide just the right mix of comfort and practicality. The property's siding exterior adds to its charm and durability, while the detached garage offers additional value with secure parking or extra storage. Located on a serene, tree-lined street, this property is close to parks, schools, shopping centers, and dining options, providing easy access to essential amenities. Proximity to public transportation and major commuter routes further enhances the property's appeal, making it an excellent choice for tenants who need convenience and accessibility to all that Chicago has to offer. This duplex is a prime opportunity for investors looking to maximize rental income or for those interested in living in one unit while leasing the other. With its location in the desirable Portage Park neighborhood, known for its strong community atmosphere and thriving real estate market, 5940 W Patterson Ave is a standout option. Don't miss your chance to acquire a versatile, income-generating property in one of Chicago's most vibrant neighborhoods!

Last Agent to Sell the Property

Fernando Godoy

eXp Realty License #475155825 Listed on: 12/18/2024

eXp Realty

Last Buyer's Agent

John Szurzynski

Executive Home Realty, Inc. License #471000494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1922

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,920 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,364

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: No Garage, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 3906
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4364
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 Sold $300,000 0.0% $173 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $299,900 -9.1% $173 / Sq Ft
01/16/2025 01/16/25 Price Changed $329,900 -4.3% $190 / Sq Ft
12/18/2024 12/18/24 For Sale $344,900 -- $199 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12258457

Midwest Real Estate Data (MRED)

APN: 13202240230000