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Off market
  • $806,600

    5024 W Patterson Ave, Chicago, IL 60641

    8beds
    3,902sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $806,600 Zestimate®
    $207/sqft
    $1,958 Estimated rent

    Home value

    $806,600

    $734,000 - $879,000

    $1,958/mo

    Zestimate® history
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    $5,672/mo

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    What's special

    Large certified 4 flat in Portage Park on oversized 43x125 lot. Current tenants with all leases through 2020, 3 of 4 tenants are long term. Total monthly rental income $4350 with additional income from laundry, 2 sets of washers and dryers. All the units are well maintained with potential for improvements and improved income. Potential to convert the backyard into parking spaces for even more income ask listing agent for details. Improvements over the last two years include all new exterior doors, new laundry machines, new hot water tanks, spot tuck pointing and new owners locker in the basement. Great block and outstanding investment opportunity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Unfinished, Exterior Access
    Interior area
    • Total interior livable area: 3,902 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Lot
    • Size: 5,662 sqft
    Details
    • Parcel number: 1321225028

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Exterior Building Type: Brick
    • Heat/Fuel: Gas, Forced Air, Hot Water/Steam, Oil
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Tax Exemptions: Homeowner, Senior, Senior Freeze
    • Water: Lake Michigan
    • Basement: Unfinished, Exterior Access
    • Age: 100+ Years
    • Status: Pending
    • Appliances/Features Unit 1: Stove, Refrigerator
    • Roof Type: Flat Roof
    • Type-Multi: 4 Flat
    • Area Amenities: Street Lights, Street Paved, Sidewalks
    • Lot Dimensions: 43 X 125
    • Additional Rooms: Foyer, Enclosed Porch
    • Appliances/Features Unit 2: Stove, Refrigerator
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Basement (Y/N): Full
    • Appliances/Features Unit 3: Stove, Refrigerator
    • Appliances/Features Unit 4: Stove, Refrigerator
    • Other Addl Income: Coin Laundry
    • Tenant Pays - Unit 3: Electric, Gas, Heat
    • Tenant Pays - Unit 4: Electric, Gas, Heat
    • Tax Year: 2017
    • Parcel Identification Number: 13212250280000
    • Additional Sales Information: List Broker Must Accompany

    Price history

    DateEventPrice
    10/11/2019Sold$535,000-2.7%$137/sqft
    Source: MRED as distributed by MLS GRID #10340876 Report a problem
    7/26/2019Pending sale$550,000$141/sqft
    Source: @properties #10340876 Report a problem
    4/11/2019Listed for sale$550,000+4.8%$141/sqft
    Source: @properties #10340876 Report a problem
    9/14/2017Sold$525,000-2.8%$135/sqft
    Source: MRED as distributed by MLS GRID #09694591 Report a problem
    7/29/2017Pending sale$539,900$138/sqft
    Source: Keep It Realty Ltd #09694591 Report a problem
    7/19/2017Listed for sale$539,900$138/sqft
    Source: Keep It Realty Ltd #09694591 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $63,000 +10.5%
    2023$12,033 +2.6%$57,000
    2022$11,731 +2.3%$57,000
    2021$11,469 +30%$57,000 +44%
    2020$8,820 -3.5%$39,570 -13%
    2019$9,143 +1.7%$45,483
    2018$8,990 -8.8%$45,483 -0.6%
    2017$9,859 +308.7%$45,774
    2016$2,412 +4%$45,774
    2015$2,318 +0.9%$45,774 +7.5%
    2014$2,299 -0.4%$42,581
    2013$2,307 +6.8%$42,581
    2012$2,160 +10.7%$42,581 -14.5%
    2011$1,951 +10.6%$49,785
    2010$1,764 -77.3%$49,785
    2009$7,770 +344.8%$49,785 -11.4%
    2008$1,747 -6.2%$56,169
    2007$1,861 -5.8%$56,169
    2006$1,976 -12.5%$56,169 +34.1%
    2005$2,259 -4.8%$41,891
    2004$2,372 -4.9%$41,891
    2003$2,494 -11.6%$41,891 +58.4%
    2002$2,822 -6.7%$26,453
    2001$3,023 -8.8%$26,453
    2000$3,313 +0%$26,453 +16.3%
    1999$3,313 $22,755

    Find assessor info on the county website

    Neighborhood: Portage Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $806,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $806,600