See Home Value
Chicago 60640 Edgewater
5238 N Wayne Avenue
$1,725,000
● House - Off Market

5238 N Wayne Avenue

Chicago, IL 60640
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,943 Ft²
$10,349
Est. Monthly
2.22%
Cap Rate

About This Property

Discover timeless elegance blended with modern sophistication in this stunning dream home, nestled in the heart of Lakewood/Balmoral. Boasting 6 bedrooms and 4.1 baths, this exquisitely designed residence features an open floor plan, ideal for both everyday living and entertaining. A dramatic floor-to-ceiling, see-through fireplace creates a graceful division between the living room and the formal dining area. The gourmet chef's kitchen is a culinary masterpiece, complete with premium appliances, a 10-foot island, quartz countertops, and a spacious Butler's pantry. Adjacent to the kitchen, the expansive family room offers additional dining space and cozy sectional seating. On the second level, you'll find 4 generously sized bedrooms, 3 luxurious bathrooms and one of 2 laundry rooms. The primary suite includes a walk-in closet with custom shelving and a spa-inspired bath with double sinks, quartz counters, a soaking tub, and a separate shower. The second and third bedrooms share a Jack-and-Jill bath, while the fourth bedroom enjoys access to another full bath.The fully finished lower level is an entertainer's delight, offering heated floors, a large recreation room with a wet bar, two additional bedrooms, a massive walk-in closet, a fourth full bath, lots of storage, and the second laundry room. Set on an oversized 35x123 lot, the beautifully landscaped yard features a blue stone patio, perfect for outdoor gatherings. Finishing off this exceptional property is a 2-car garage with additional storage. Ideally located near top-rated schools, including Peirce Elementary (Level 1+ CPS), Rogers Park Montessori, and Lycee Francais, and within walking distance to Montrose Beach, Andersonville's vibrant shopping and dining scene, the lakefront, and convenient transportation options. Tech-savvy dream: Fully wired with ethernet in every room, plus fiber-optic ready. Lightning-fast connectivity meets modern living.
Unit Size
3,943 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$444
Property Type
House
Property Taxes
$1,755
HOA Dues
-
Year Built
1905

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 8
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,305
  • Total Building Area: 2,945
  • Gross Building Area: 2,945
  • Building Area: 2,945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,945
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COCHRANS 3RD ADD TO EDGEWATER
  • Land Acres: 0000000099
  • 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: 14-08-125-024-0000
  • Block: 13
  • Lot: 8,9
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9774
  • Longitude: -87.6639

    Address

  • Full Address: 5238 N Wayne Ave
  • Address - House Number: 5238
  • 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: $2,572,130
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,450,077
  • High Value: 1,781,188
  • Low Value: 1,118,966

    Market Valuation

  • Market Total Value: $1,284,740
  • Market Land Value: $344,400
  • Market Improvement Value: $940,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,474
  • Assessed Land Value: $34,440
  • Assessed Improvements Value: $94,034

    Sales

  • Current Sale Contract Date: Mar 31, 2017
  • Current Sale Recording Date: Apr 11, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1710104026

    Financing

  • First Mortgage Financing Type: FIX
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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Nearby Rentals

Unit for rent at 1950 W Foster Avenue, Chicago, IL, 60640

$4,950 /mo

  • 4 Beds
  • 2 Baths
  • 2,400 ft²
1950 W Foster Avenue, Chicago, IL, 60640 Listing by Cathryn Browne


Frequently Asked Questions

When was property at 5238 North Wayne Avenue built and last sold?
The property at 5238 North Wayne Avenue was built in 1905 and last sold on Mar 31, 2017 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 5238 North Wayne Avenue is $0.
What are some comparable homes to 5238 North Wayne Avenue?
There are currently no comparable homes to 5238 North Wayne Avenue.