See Home Value
$375,000
● House - Off Market

5232 W Grace Street

Chicago, IL 60641
bedrooms
4 Beds
bathrooms
2 Baths
$2,429
Est. Monthly
9.95%
Cap Rate

About This Property

This unique single-family home offers the perfect blend of comfort and opportunity. The move-in ready main floor features 2 bedroom apartment, making it ideal for first-time buyers, while the income-generating second-floor apartment helps mortgage costs. Located in the desirable Portage Park neighborhood, just minutes from the park itself and across from Gray Elementary Magnet School, this property is great for extended families or investors alike. The main level includes a cozy living room, enclosed front porch, formal dining room, and a well-equipped kitchen with both a pantry and an enclosed back porch for extra storage. Two spacious bedrooms complete the first floor. The second-floor apartment, with its own private front and back entrances has large living room, 2 bedrooms, a bath, and a kitchen with pantry. Currently occupied by a long-term tenant, it offers excellent potential for updates and increased rental income. Additional features include a two-car garage, great yard, nearly all new windows, two-year-old siding, new front and back stairs, and a central HVAC system serving both floors. As-Is
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1915

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12158599)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Sold
Oct 26, 2024 In contract -
In contract
Sep 27, 2024 Price Decreased $375,000
↓ $25K (6.3%)
Price Decreased
Sep 11, 2024 Listed by Dream Town Real Estate $400,000
Listed by Dream Town Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 3,750
  • Total Building Area: 1,782
  • Gross Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COS SUB
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: W D (KERFOOT) & COS SUB OF S1/4 OF EH NE NW SEC 21-40-13

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jun 08, 2028
  • District: 71
  • Parcel: 13-21-115-030-0000
  • Lot: 30
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9499
  • Longitude: -87.7583

    Address

  • Full Address: 5232 W Grace St
  • Address - House Number: 5232
  • Street Direction: W
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C057
  • 4-Digit Zip Code: 3355
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $686,422
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 446,727
  • High Value: 548,733
  • Low Value: 344,722

    Market Valuation

  • Market Total Value: $333,540
  • Market Land Value: $105,000
  • Market Improvement Value: $228,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,354
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $22,854
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 Northwest Side


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Frequently Asked Questions

When was property at 5232 West Grace Street built and last sold?
The property at 5232 West Grace Street was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5232 West Grace Street is $0.
What are some comparable homes to 5232 West Grace Street?
There are currently no comparable homes to 5232 West Grace Street.