Check Availability
$383,000 - $467,000
House - In Contract

5431 N Neva Avenue

Chicago, IL 60656
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2000 Sqft
Sold Sep 08, 2017
$244,000
$236,000 by Inland Bank & Trust
Mortgage Due Oct 01, 2035
Sold Feb 21, 2017
$121,500

About This Property

Welcome to Norwood Park and welcome home! Walk into this lovely, historic 3Br/2Ba Chicago bungalow with finished basement. Originally built in 1923 this centurion home has been well maintained and extensively updated. Enter into the open living room and separate dining area with beautiful original hardwood floors. There are a pair of bedrooms sharing a jack-and-jill bathroom. Continuing into the modern kitchen that was fully updated in 2021 including new appliances, cabinets, countertop, and luxury vinyl plank flooring. Along with the kitchen, both bathrooms were fully updated in 2021 and the basement has been fully finished for added family room space, plus a 3rd bedroom. From the kitchen you walk out to the sizable rear deck, perfect for grilling and entertaining. Overlooking a cozy yard and a 2 car garage with a party door to enjoy those phenomenal Chicago summers! Additionally, the roof, AC condenser, and water heater were all new in 2017 - this home is turnkey and ready for its new owners. Walking distance to the CTA blue line for easy public transit, 2 minutes to I-90, and just a few blocks of downtown Norwood Park for shopping, dining, and nightlife. Make this historic Chicago gem yours!

The manager has listed the unit size as 2000 square feet.
Unit Size
2,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$213
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1925
Listed By

Price History

Date / Event Date Event Price
Apr 26, 2024 In contract -
In contract
Apr 17, 2024 Listed $425,000
Listed

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Aluminum Siding

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,480
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: REUTERS NORWOOD PARK
  • Land Acres: 0.08
  • Legal Description 1: OTTO (REUTERS)(NORWOOD)(PARK) ADD IN WH SEC 07-40-13

Ownership

  • Current Owner : SERNA FROYLAN
  • Previous Owner : FISTERRA LLC
  • Owner Before Previous Owner: SCHULTZ JONATHAN
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 100600

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-07-110-012-0000
  • Block: 6
  • Lot: 12
  • Meridian: SEC 07 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9801
  • Longitude: -87.8055

    Address

  • Full Address: 5431 N Neva Ave
  • Address - House Number: 5431
  • Street Direction: N
  • Address - Street Name: Neva
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C027
  • 4-Digit Zip Code: 1934
  • Zip Code: 60656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,411
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 334,195
  • High Value: 411,494
  • Low Value: 256,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,000
  • First Open Lien Mortgage Lender: INLAND BANK & TRUST
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $236,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $69,600
  • Market Improvement Value: $130,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $6,960
  • Assessed Improvements Value: $13,040

    Sales

  • Current Sale Contract Date: Aug 19, 2017
  • Current Sale Recording Date: Sep 08, 2017
  • Current Sale Transaction ID: 1733230849
  • Current Sale Price: $244,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1725146445
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Contract Date: Feb 17, 2017
  • Previous Sale Amount: $121,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK & TRUST
  • First Mortgage Transaction Date: Sep 08, 2017
  • First Mortgage Loan Amount: $239,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 01, 2047

    Financing

  • First Mortgage Financing Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,400 ft²
$279/ft²
$390,000 Apr 30, 2024
-
$353/mo
House
2 Beds
2 Baths
1,000 ft²
$420/ft²
$420,000 Apr 29, 2024
-
$651/mo
House
3 Beds
2.5 Baths
1,937 ft²
$258/ft²
$499,999 Apr 24, 2024
-
$498/mo
House
3 Beds
2 Baths
2,260 ft²
$206/ft²
$464,900 Mar 27, 2024
-
$525/mo
House
3 Beds
2.5 Baths
1,200 ft²
$313/ft²
$375,000 Mar 19, 2024
-
$419/mo
House
4 Beds
2 Baths
1,770 ft²
$232/ft²
$410,000 Apr 25, 2024
-
$388/mo
House
3 Beds
2 Baths
1,100 ft²
$317/ft²
$349,000 Apr 18, 2024
-
$421/mo
House
4 Beds
1 Bath
1,277 ft²
$282/ft²
$359,900 Apr 25, 2024
-
$400/mo

About Northwest Side


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Frequently Asked Questions

When was property at 5431 North Neva Avenue built and last sold?
The property at 5431 North Neva Avenue was built in 1925 and last sold on Aug 19, 2017 for $244,000.
How much is this home worth?
The estimated value of the home located at 5431 North Neva Avenue is $433,352.
What are some comparable homes to 5431 North Neva Avenue?
Homes that are comparable to 5431 North Neva Avenue include a house property at 7319 West Summerdale Avenue, 5427 North Oconto Avenue, 5135 North Overhill Avenue.

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