See Home Value
Chicago 60640 Edgewater
5220 N Wayne Avenue
$1,500,000
● House - Off Market

5220 N Wayne Avenue

CHICAGO, IL 60640
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,887 Ft²
$2,656,509
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

This Lakewood Balmoral gem has been meticulously restored and fully rehabbed, sits on an enormous 44 ft wide lot.  Walk up the front steps to a huge wraparound porch.  Upon entering, you'll find a thoughtful and well-executed design combining old-world craftsmanship with modern comfort, space and convenience for todays needs.  Custom built-ins throughout, a two sided fireplace, custom cabinets in the huge chef's kitchen with radiant floor heat; with a secluded veranda that opens off the kitchen, wine cabinetry in the basement.  This 5 bedroom 4.5 bath home features 3 large well-appointed en-suite bedrooms.  Four of the bedrooms are located on the upper levels.  The basement is fully finished and radiant floor heated.  This home combines everything a buyer wants in a modern home with the craftsmanship and detail rarely found in new homes.  All this and a short walk to Andersonville shops and restaurants, the lakefront, and transportation!
Unit Size
4,887 Ft²
Days on Market
-
Land Size
-
Price per sqft
$326
Property Type
House
Property Taxes
$1,209
HOA Dues
-
Year Built
1891

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Last updated: 3 years ago (MRED MLS #09471333)

Price History

Date / Event Date Event Price
Feb 28, 2017 Sold
Sold
Jan 5, 2017 Listed by @properties Christie's International Real Estate $1,595,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1891
  • Effective Year Built: 1891
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,473
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 440
  • Total Building Area: 3,363
  • Gross Building Area: 3,363
  • Building Area: 3,363
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,363
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COCHRANS 3RD ADD TO EDGEWATER
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (COCHRANS) (3RD) ADD TO (EDGEWATER) IN EH NW SEC 08-40-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 030800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17N-69-08
  • District: 73
  • Parcel: 14-08-125-029-0000
  • Block: 13
  • Lot: 15,16
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.977
  • Longitude: -87.6639

    Address

  • Full Address: 5220 N Wayne Ave
  • Address - House Number: 5220
  • Street Direction: N
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C051
  • 4-Digit Zip Code: 2223
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,130,451
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2655
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 1,848,491
  • High Value: 2,339,412
  • Low Value: 1,357,570

    Market Valuation

  • Market Total Value: $1,070,000
  • Market Land Value: $437,840
  • Market Improvement Value: $632,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,000
  • Assessed Land Value: $43,784
  • Assessed Improvements Value: $63,216

    Sales

  • Current Sale Contract Date: Feb 23, 2017
  • Current Sale Recording Date: Mar 08, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1706755200
  • Previous Sale Recording Date: Jul 25, 2006
  • Previous Sale Contract Date: Jun 21, 2006
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Side


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Frequently Asked Questions

When was property at 5220 North Wayne Avenue built and last sold?
The property at 5220 North Wayne Avenue was built in 1891 and last sold on Feb 23, 2017 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 5220 North Wayne Avenue is $1,610,950.
What are some comparable homes to 5220 North Wayne Avenue?
There are currently no comparable homes to 5220 North Wayne Avenue.