NOT LISTED FOR SALE

5970 N Newark Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $927,000 - $1,122,000

7 Beds
6 Baths
3,269 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $877,500 $268 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,894/month

18 Days on Market

Highlights

  • Additional Residence on Property
  • 3-minute walk to Norwood Park Station
  • Property is near a park
  • William Howard Taft High School Rated A-
  • Deck
  • 4-minute walk to Centennial Park

About This Home

As of February 2022

JAW-DROPPER-RARELY AVAILABLE! Large Single Family Home with Basement In-Law and Large Seperate Coach House on Amazing Lot (82x402x53x375) in Prestigious Old Norwood Park with Great Outdoor Features & 4 Car Cinder Block Garage and Lots of Additional Parking....This Front Home Features a Large Addition with Big Side Drive, Inviting Front Porch, Amazing Entryway, Sunny Office-Living Rm with Fireplace & Separate Dining Rm, Newly Designed Kitchen with Big Breakfast Bar leading to Large Family Rm Leading to Huge Vaulted Covered Deck with 2nd Outdoor Kitchen Perfect for Parties and Another Brick Paver Patio Perfect for Entertaining Family. 2nd Flr Features Primary Suite with Huge Walk-In Closet, Spa Bathroom with Shower & Tub and Private Deck Overlooking Yard. 3 Additional Nice Sized Bedrooms with Large Closets. Lower Level has Rec Rm, Wet Bar, Bedrm, Bathrm, Laundry Rm a Large Storage Rm and an Exterior Entryway for Privacy. The Coach House Featues 2 Flrs with LivingRm, Kitchen, Laundry Rm, 2 Big Bedrms Up, Sitting Area and 1.1 Baths. LIST OF UPDATES INCLUDE 2019- TREX OUTDOOR COVERED VAULTED DECK WITH A HIGH-END OUTDOOR KITCHEN-LIGHTING & MEDIA 2021-NEW HARDIBOARD SIDING-ROOF- GUTTERS & FASCIA....ALSO UPGRADED KITCHEN. COMPLETELY PAINTED THRU-OUT. Highly Rated Immaculate Conception WITH Outstanding Pre-School, Norwood Park Elementary and Taft HS Easy Walk to Metra & El.

Last Agent to Sell the Property

Lisa Sanders

Keller Williams ONEChicago License #475126960 Listed on: 12/06/2021

Keller Williams ONEChicago

Last Buyer's Agent

John Avendt

Washington Street Capital LLC License #475171689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,413

Year Renovated

  • 2021

Lot Details

  • Lot Dimensions are 82x402x53x375
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 4 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Georgian Architecture
  • Victorian Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Fire Pit
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Outdoor Grill

Schools

  • Norwood Park Elementary School
  • Taft High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Recreation Room
  • Additional Residence on Property
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • 2 Units
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,413

Year Renovated

2021

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian, Victorian
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Rebuilt Year: 2013
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Room Type: Recreation Room
  • Basement Description: Exterior Access,Walk-Up Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Fireplace-Wood,Garage/Space,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Walk-In Closet,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Outdoor Grill, Fire Pit, Cable Access, Workshop
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard, Outdoor Lighting, Streetlights
  • OtherStructures: Outdoor Kitchen, Second Residence, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Masonite,Concrete

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Norwood Park Elementary School
  • High School: Taft High School
  • Middle/Junior School: Norwood Park Elementary School

Lot Info

  • Lot Dimensions: 82X402X53X375
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 18000
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s,Coach House

Tax Info

  • Tax Annual Amount: 17413
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 15, 2022
Sold by
O'Malley Marie and O'Malley Ronan
Bought by
Avendt John and Avendt Abby
Seller's Agent
Lisa Sanders
Keller Williams ONEChicago
Buyer's Agent
John Avendt
Washington Street Capital LLC
List Price
$915,000
Sold Price
$877,500
Premium/Discount to List
-$37,500
-4.1%
Current Estimated Value
$1,017,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,810
Avg. Annual Appreciation
4.07%
Original Mortgage
$702,000
Outstanding Balance
$647,385
Interest Rate
3%
Estimated Equity
$369,925

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 10, 2022
Sold by
O'Malley Marie and O'Malley Ronan
Bought by
Avendt John and Avendt Abby
Seller's Agent
Lisa Sanders
Keller Williams ONEChicago
Buyer's Agent
John Avendt
Washington Street Capital LLC
List Price
$915,000
Sold Price
$877,500
Premium/Discount to List
-$37,500
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Outstanding Balance
$647,385
Interest Rate
3%
Estimated Equity
$369,925

Purchase Details

Closed on
Feb 26, 2002
Sold by
Boyle John and Gotling Lane
Bought by
Omalley Ronan and Omalley Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.75%

Purchase Details

Closed on
Jun 1, 2001
Sold by
Chicago Title Land Trust Company
Bought by
Boyle John and Gotling Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,050
Interest Rate
6.72%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Avendt John $877,500 --
Avendt John $877,500 --
Omalley Ronan $545,000 --
Boyle John -- 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avendt John $702,000
Previous Owner Omalley Ronan $990,000
Previous Owner Boyle John $274,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $877,500 -4.1% $268 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $915,000 -- $280 / 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 $18,514 $87,751 $42,917 $44,834
2023 $17,345 $87,751 $51,490 $36,261
2022 $17,345 $87,751 $51,490 $36,261
2021 $16,976 $87,750 $51,490 $36,260
2020 $17,413 $81,269 $32,181 $49,088
2019 $17,254 $89,306 $32,181 $57,125
2018 $16,962 $89,306 $32,181 $57,125
2017 $16,935 $82,042 $25,745 $56,297
2016 $15,932 $82,042 $25,745 $56,297
2015 $14,553 $82,042 $25,745 $56,297
2014 $14,978 $83,294 $23,170 $60,124
2013 $15,356 $87,060 $23,170 $63,890
Source: Public Records

Agents Affiliated with this Home

  • Lisa Sanders

    Seller's Agent in 2022

    Lisa Sanders

    Keller Williams ONEChicago

    (773) 398-0378

    93 in this area

    282 Total Sales

    Lisa Sanders
    Section Image
  • John Avendt

    Buyer's Agent in 2022

    John Avendt

    Washington Street Capital LLC

    (708) 370-9529

    1 in this area

    2 Total Sales

    John Avendt
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11282434

Midwest Real Estate Data (MRED)

APN: 13-06-306-026-0000

Illinois Cook County Chicago 60631 Norwood Park

5970 N Newark Ave, Chicago, IL

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