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Chicago 60641 Portage Park
5324 W Cullom Avenue
$485,000
● House - Off Market

5324 W Cullom Avenue

Chicago, IL 60641
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$553,612
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Located in the heart of HOT Portage Park on the most beautiful tree lined street, a sophisticated, yet contemporary 7 bedroom 3 bath tudor home. The whole house has been repainted, the beautiful hardwood floors throughout have been stained and renewed. The kitchen has been gutted and completely redone, the improvements include brand new Whirlpool appliances, Quartz Counter top, and a chic backsplash. Each floor has 2+ bedrooms and its own bathroom , 3 of the bedrooms are oversized, huge closets, a ton of storage, a basement that is an entertainers dream with a wet bar and plenty of room to host. The backyard/deck area is lovely. Licensed Plumbers house, very well maintained. Take a look at the virtual tour!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$240
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1939

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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 #11126778)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by Berkshire Hathaway HomeServices Chicago $479,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,430
  • Gross Building Area: 1,430
  • Building Area: 1,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDNERS PORTAGE PARK
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (GARDNERS)(PORTAGE)(PARK) ADD TO CHICAGO SUB OF NH LT 7 & PT NH LT 8 IN SCHOOL TRUSTEES SUB IN SEC 16-40-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 150300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-16-306-032-0000
  • Lot: 7,8
  • Meridian: SEC 16 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.959
  • Longitude: -87.7609

    Address

  • Full Address: 5324 W Cullom Ave
  • Address - House Number: 5324
  • Street Direction: W
  • Address - Street Name: Cullom
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1304
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $925,574
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 551,705
  • High Value: 664,387
  • Low Value: 439,023

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $105,000
  • Market Improvement Value: $345,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $34,500

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2127755052
  • Previous Sale Recording Date: Jan 04, 1994
  • Previous Sale Contract Date: Dec 28, 1993
  • Previous Sale Amount: $74,333
  • Previous Sale Document Type: 71
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

1225 ft²

Average Home Age

76.6 years

Currently For Sale

820 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 4230 W Belmont Avenue, Chicago, IL, 60641

$4,969 /mo

  • 4 Beds
  • 3 Baths
  • 1,950 ft²
4230 W Belmont Avenue, Chicago, IL, 60641 Listing by Matt Laricy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Krzysztof Gago, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11126778
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 5324 West Cullom Avenue built and last sold?
The property at 5324 West Cullom Avenue was built in 1939 and last sold on Jul 19, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 5324 West Cullom Avenue is $0.
What are some comparable homes to 5324 West Cullom Avenue?
There are currently no comparable homes to 5324 West Cullom Avenue.
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