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Chicago 60641 Portage Park
5227 W WARWICK Avenue
$425,000
● House - Off Market

5227 W WARWICK Avenue

CHICAGO, IL 60641
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,800 Ft²
$692,713
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Elegant, stylishly renovated 5bd/3.1 bth modern designed home in Portage Park, features luxury living on three levels with an open concept sunny living & dining, fully outfitted versatile kitchen w/ granite that flows seemingly into a sitting area island. Excellent attn to detail exuded in elegant wainscoting, designer baths, gorgeous flrs, crown & base moldings. Home's mechanicals include high efficient HVAC system, new electrical service, drain tile system. Enjoy enormous fully finished lower level with a rec.room and 8ft ceilings. HUGE walk out deck with an open pool for outdoor summer enjoyment. Walk across the street to Gray elementary school.  Conveniently located to newly developing Six Corners shopping, restaurants and all public transportation.  Pool can be removed by the seller and deck re-worked.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1921

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #09709649)

Price History

Date / Event Date Event Price
Sep 22, 2017 Sold
Premium
Sold
Aug 2, 2017 Listed by Great Lakes Realty Central Inc $435,000
Listed by Great Lakes Realty Central Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,993
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,993
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KOESTER & ZANDERS
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (KOESTER) & (ZANDERS) SUB LT2 EX N30.65FT IN CIRCUIT COURT PARTN IN SEC 21-40-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 150700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-21-123-010-0000
  • Lot: 2
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9485
  • Longitude: -87.7582

    Address

  • Full Address: 5227 W Warwick Ave
  • Address - House Number: 5227
  • Street Direction: W
  • Address - Street Name: Warwick
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C057
  • 4-Digit Zip Code: 3348
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $750,273
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 513,938
  • High Value: 631,291
  • Low Value: 396,585

    Market Valuation

  • Market Total Value: $398,770
  • Market Land Value: $105,000
  • Market Improvement Value: $293,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,877
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $29,377

    Sales

  • Current Sale Contract Date: Sep 22, 2017
  • Current Sale Recording Date: Sep 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1726908110
  • Previous Sale Recording Date: May 08, 2013
  • Previous Sale Contract Date: Apr 29, 2013
  • Previous Sale Amount: $339,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1234 ft²

Average Home Age

76.9 years

Currently For Sale

789 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 4414 N Nagle Avenue, Harwood Heights, IL, 60706

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,248 ft²
4414 N Nagle Avenue, Harwood Heights, IL, 60706 Listing by Brendan Murphy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Great Lakes Realty Central Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09709649
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.

Frequently Asked Questions

When was property at 5227 West Warwick Avenue built and last sold?
The property at 5227 West Warwick Avenue was built in 1921 and last sold on Sep 22, 2017 for $425,000.
How much is this home worth?
The estimated value of the home located at 5227 West Warwick Avenue is $0.
What are some comparable homes to 5227 West Warwick Avenue?
There are currently no comparable homes to 5227 West Warwick Avenue.
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