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Off market
  • $1,610,100

    5556 N Wayne Ave, Chicago, IL 60640

    7beds
    4,632sqft
    MultiFamily
    Built in 1913
    -- sqft lot
    $1,610,100 Zestimate®
    $348/sqft
    $4,391 Estimated rent

    Home value

    $1,610,100

    $1.47M - $1.77M

    $4,391/mo

    Zestimate® history
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    $4,391/mo

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    Rent Zestimate®

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    $11,517/mo

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    $11,517/mo

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    What's special

    Located on the perfect corner lot on a tree lined street in the Lakewood Balmoral Historic District, this handsome brick 2-flat has undergone extensive updating inside and out, with unlimited opportunity for a savvy investor or owner-occupant. Possibilities: leave in its current configuration as a fantastic turn-key 2-flat; or de-convert to a single-family home with a total of 4,632 square feet of living space; or duplex down into the basement (true 8' ceilings with new concrete floors) to create a 3,088 sf owner's unit with a 2nd floor 3 bedroom/1 bath rental unit (1,544 sf). Currently, both 3-bedroom/1-bath units are beautifully finished with 10' ceilings, separate living/dining rooms, gorgeous new kitchens (2020) and individual HVAC systems. Recent building improvements in 2020 include: basement floor dug out and poured with new concrete to create higher ceilings; surround drain tile installed with ejector pit and pump; rebuilt chimney; and tuckpointing, new lintels (as needed), architectural custom steel inlaid gutters, new front porch roof, cedar balusters and porch skirt, Azek composite tongue-and-groove deck/stairs, east elevation parapet torn down/rebuilt, new steel roof over front bay window. Walk to everything Andersonville has to offer - restaurants, boutiques, coffee shops, lake, park and transportation. Near Peirce School of International Studies, Sacred Heart, Northside Catholic Academy, Rogers Park Montessori and Lysee Francais. This is a winner!

    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: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 4,632 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,675 sqft
    Details
    • Parcel number: 1408103021

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1913

    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
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage
    • Status: Active
    • Water: Lake Michigan
    • Basement: Unfinished
    • Age: 100+ Years
    • Type-Multi: 2 Flat
    • Appliances/Features Unit 1: Stove, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Refrigerator, Washer, Dryer, Microwave, Dishwasher, Hardwood Floors
    • 3 Br Un In Bldg (Y/N): Yes
    • Garage On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Is Parking Included in Price: Yes
    • Other Information: Historical District
    • Garage Type: Detached2, Detached
    • Lot Dimensions: 30 X 123
    • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Dishwasher, Microwave
    • Tenant Pays - Unit 1: Electric, Gas, Heat, Parking
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Garage Ownership: Owned
    • Basement (Y/N): Full, Walkout
    • Additional Sales Information: List Broker Must Accompany
    • Tax Year: 2019
    • Parcel Identification Number: 14081030210000
    • Total Sq Ft - Unit 1: 1546

    Price history

    DateEventPrice
    12/5/2022Sold$1,290,000-4.4%$278/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    10/19/2022Pending sale$1,349,000$291/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    10/4/2022Contingent$1,349,000$291/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    9/6/2022Listed for sale$1,349,000$291/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    8/18/2022Contingent$1,349,000$291/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    6/13/2022Price change$1,349,000-3.6%$291/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    4/12/2022Price change$1,399,000-1.8%$302/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    3/22/2022Price change$1,425,000-3.4%$308/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    2/16/2022Listed for sale$1,475,000+23.4%$318/sqft
    Source: MRED as distributed by MLS GRID #11319223 Report a problem
    12/1/2020Listing removed$1,195,000$258/sqft
    Source: Compass #10878071 Report a problem
    10/21/2020Listed for sale$1,195,000+217.8%$258/sqft
    Source: Compass #10878071 Report a problem
    11/12/1998Sold$376,000+31.5%$81/sqft
    Source: Public Record Report a problem
    2/7/1997Sold$286,000+168.1%$62/sqft
    Source: Public Record Report a problem
    2/9/1994Sold$106,666$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $102,000 +14.2%
    2023$18,843 +2.6%$89,307
    2022$18,369 +2.3%$89,307
    2021$17,959 +23.5%$89,307 +36.8%
    2020$14,544 -1.3%$65,285 -11%
    2019$14,738 +1.7%$73,354
    2018$14,490 +13.9%$73,354 +24.1%
    2017$12,722 +7.5%$59,099
    2016$11,837 +14.4%$59,099
    2015$10,349 +31%$59,099 +30.9%
    2014$7,899 +2.2%$45,141
    2013$7,732 +1%$45,141
    2012$7,653 -17.1%$45,141 -26%
    2011$9,234 +1%$61,026
    2010$9,141 +2.7%$61,026 -3.2%
    2009$8,904 +17.6%$63,033 +6%
    2008$7,569 +5.9%$59,476
    2007$7,149 +5.3%$59,476
    2006$6,789 +1.6%$59,476 +23.4%
    2005$6,680 +2.1%$48,202
    2004$6,541 +3.2%$48,202
    2003$6,341 -1.4%$48,202 +28.2%
    2002$6,428 +4.3%$37,600
    2001$6,161 +17.4%$37,600
    2000$5,246 -7.4%$37,600 +28.3%
    1999$5,668 $29,309

    Find assessor info on the county website

    Neighborhood: Andersonville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,610,100
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    Estimated market value
    $1,610,100