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  • $625,000

    5531 W School St, Chicago, IL 60641

    4beds
    --sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $673,500 Zestimate®
    $--/sqft
    $2,032 Estimated rent

    Home value

    $673,500

    $599,000 - $754,000

    $2,032/mo

    Zestimate® history
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    $4,395/mo

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    What's special

    Updated bathroomsFully fenced yardGenerous bedroomsExtra office spaceSleek countertopsNewly updated kitchensStainless steel appliances
    Beautifully renovated two-flat with finished basement in Portage Park offers modern amenities and an inviting atmosphere, perfect for both investors and homebuyers looking for extra income potential or multigenerational living. The upper and lower units feature newly updated kitchens with sleek countertops, stainless steel appliances, and plenty of cabinet space. Both units have spacious living rooms, generous bedrooms, and updated bathrooms and extra office space of the kitchen. The building has been freshly painted and includes new flooring throughout. Additional features include updated electrical and plumbing, and a fully fenced yard for added privacy. Conveniently located near public transportation, and shopping centers, this two-flat is a fantastic opportunity you won't want to miss!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Tomas Sumsky, CSC 773-332-0010,

    Dream Town Real Estate

    Bought with:

    John Sintich

    Keller Williams Preferred Rlty

    Source: MRED as distributed by MLS GRID,MLS#: 12271782MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas, Steam, Radiant, Radiator(s)
    Features
    • Basement: Finished,Partially Finished,Full

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2.5
    Lot
    • Size: 3,780 sqft
    • Dimensions: 30X126
    Details
    • Parcel number: 13213230060000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1927
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/13/2025Sold$625,000+4.2%
    Source: MRED as distributed by MLS GRID #12271782 Report a problem
    1/21/2025Contingent$599,900
    Source: MRED as distributed by MLS GRID #12271782 Report a problem
    1/16/2025Listed for sale$599,900+233.3%
    Source: MRED as distributed by MLS GRID #12271782 Report a problem
    9/20/1996Sold$180,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $39,000 +11.4%
    2023$6,689 +2.9%$35,000
    2022$6,499 +2%$35,000
    2021$6,372 +30.9%$35,000 +40.3%
    2020$4,870 -4.1%$24,949 -13%
    2019$5,076 +1.7%$28,677
    2018$4,989 -9.6%$28,677 -1.1%
    2017$5,519 +3.9%$29,000
    2016$5,311 +9.8%$29,000
    2015$4,836 -1.5%$29,000
    2014$4,908 -17.5%$29,000 -17.9%
    2013$5,948 +6.7%$35,307
    2012$5,573 +6%$35,307 -9.1%
    2011$5,257 +18.4%$38,842
    2010$4,442 +14%$38,842
    2009$3,895 +2.8%$38,842 -13.4%
    2008$3,789 -25.4%$44,859
    2007$5,077 +17.5%$44,859
    2006$4,322 +6.5%$44,859 +39.6%
    2005$4,057 +2.9%$32,128
    2004$3,944 -22.5%$32,128
    2003$5,089 +22.8%$32,128 +39.5%
    2002$4,143 +3.7%$23,039
    2001$3,997 +23.5%$23,039
    2000$3,236 -0.3%$23,039 +22.5%
    1999$3,246 $18,813

    Find assessor info on the county website

    Neighborhood: Cragin

    Nearby schools

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

    Source: MRED as distributed by MLS GRID. 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
    $673,500
    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
    $673,500