When was property at 4040 West 5th Avenue built and last sold?

The property at 4040 West 5th Avenue was built in 1915 and last sold on Mar 28, 2012 for $31,500.

How much is this home worth?

The estimated value of the home located at 4040 West 5th Avenue is $259,811.

What are some comparable homes to 4040 West 5th Avenue?

There are currently no comparable homes to 4040 West 5th Avenue.

Chicago

60624

Lawndale

4040 W 5th Avenue

$230,000

● House - Off Market

4040 W 5th Avenue

Chicago, IL 60624

3 Beds

2 Baths, 1 Half Bath

1,320 Ft²

$1,314

Est. Monthly

10.15%

Cap Rate

About This Property

Move in ready, FHA acceptable, nice floor plan with good space and walk-in closets. Tuckpointing just done with a four year old roof. Extra wide lot with plenty of room for a garage.

Unit Size

1,320 Ft²

Days on Market

Land Size

Price per sqft

$189

Property Type

House

Property Taxes

$86

HOA Dues

Year Built

1915

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12175903)

Price History

Date / Event	Date	Event
Jan 30, 2025	Sold	Premium
Sold
Jan 28, 2025	In contract	-
In contract
Jan 23, 2025	Relisted	$250,000
Relisted
Jan 10, 2025	In contract	-
In contract
Dec 5, 2024	Relisted	$250,000
Relisted
Oct 14, 2024	In contract	-
In contract
Sep 29, 2024	Listed by Allan J. Gleason	$250,000
Listed by Allan J. Gleason

Property Highlights

Building Info

Overview

General

Year Built: 1915

Effective Year Built: 1915
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 2,695

Lot Size Depth Feet: 600
Lot Size Frontage Feet: 250
Total Building Area: 1,338
Gross Building Area: 1,338
Building Area: 1,338
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,338
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GUNDERSONS ADD CHICAGO
Land Acres: 0000000062
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: E2SE4 S15 T39N R13E 3P

Neighborhood

School District Name: Chicago Public School District 299

Census Tract: 261000

Zoning

Zoning: RT-4

Geography

Assessors Map Reference: Jan 01, 1970

District: 77
Parcel: 16-15-407-029-0000
Lot: 92
Meridian: SEC 15 TWN 39N RNG 13E
Municipality: WEST CHICAGO
Latitude: 41.8727
Longitude: -87.727

Address

Full Address: 4040 W 5th Ave

Address - House Number: 4040
Street Direction: W
Address - Street Name: 5th
Address - Suffix Type: Ave
State: IL
City Name: Chicago
Carrier Code: C006
4-Digit Zip Code: 3545
Zip Code: 60624

Valuation

Tax

Tax Year: 2022

Tax Amount: $103,153
Tax Rate Code Area: 77113

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 247,023
High Value: 271,999
Low Value: 222,047

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $50,000

Market Land Value: $26,470
Market Improvement Value: $23,530

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $5,000
Assessed Land Value: $2,647
Assessed Improvements Value: $2,353

Sales

Current Sale Contract Date: Mar 28, 2012

Current Sale Recording Date: Apr 11, 2012
Current Sale Price:

Premium
Current Sale Document Type: 20
Current Sale Input Document Number: 1210257285
Previous Sale Recording Date: Nov 14, 2011
Previous Sale Contract Date: Oct 11, 2011
Previous Sale Document Type: 42

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About West Side

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

Average Home Size

855 ft²

Average Home Age

73.4 years

Currently For Sale

351 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3316 W Flournoy Street, Chicago, IL, 60624

$2,100 /mo

3 Beds
2 Baths
1,200 ft²

3316 W Flournoy Street #1, Chicago, IL, 60624 Listing by Alexandru Susma

Unit for rent at 2953 W Warren Boulevard, Chicago, IL, 60612

$2,400 /mo

4 Beds
2 Baths
1,350 ft²

2953 W Warren Boulevard #1, Chicago, IL, 60612 Listing by Matthew Diehl

Unit for rent at 3516 W Polk Street, Chicago, IL, 60624

$2,100 /mo

3 Beds
1 Bath
1,200 ft²

3516 W Polk Street #2, Chicago, IL, 60624 Listing by Jacqueline Betancourt

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Allan Gleason, Allan J. Gleason
Last Updated: 2 years ago
Data Source: MRED, MLS# 12175903

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

4040 W 5th Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About West Side

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions