4 unit building in beautiful Portage Park location. Great for income and/or live in owner. Extra income potential with 2 car garage in back of building. Owner may assist with closing and/or other costs with the right deal. All leases are annual with owner option to go month to month in case new owner wants to move in. New roof in Dec. of 2006 and new garage door early 2007. Owner very anxious and motivated.
Multi-familyProperty Type
1929Year Built
3,780 sq ftLot Size
$297Est. Price/Sq.Ft.
2 spacesParking
Listed by Paul Leanes• Century 21 1st Class Homes
Bought with A• Kettley & Company Realtors, Inc
Source:MRED as Distributed by MLS Grid #06334695
Redfin Estimate
$640,711
$241K since sold in March 2008$22K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 24.8% higher than the average sale price ($513K) of 6 comparable homes.
4 unit building in beautiful Portage Park location. Great for income and/or live in owner. Extra income potential with 2 car garage in back of building. Owner may assist with closing and/or other costs with the right deal. All leases are annual with owner option to go month to month in case new owner wants to move in. New roof in Dec. of 2006 and new garage door early 2007. Owner very anxious and motivated.
Public Records
May 23, 2001
Sold
$330,000
$153/sq ft
Public Records
Nov 4, 1999
Sold
$245,000
$114/sq ft
Public Records
Mar 17, 1999
Sold
$205,000
$95/sq ft
Public Records
Jan 27, 1995
Sold
$195,000
$90/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,532 (+2.6%)
$13,230 + $27,812
$41,042
2022
$7,343 (−8.8%)
$10,584 + $25,096
$35,680
2021
$8,048 (+55.7%)
$10,584 + $29,416
$40,000
2020
$5,170 (−4.0%)
$4,725 + $21,572
$26,297
2019
$5,387 (+1.7%)
$4,725 + $25,502
$30,227
2018
$5,295 (−19.2%)
$4,725 + $25,502
$30,227
2017
$6,550 (+4.5%)
$4,158 + $29,629
$33,787
2016
$6,271 (+9.8%)
$4,158 + $29,629
$33,787
2015
$5,713 (+8.9%)
$4,158 + $29,629
$33,787
2014
$5,248 (+2.2%)
$3,780 + $27,058
$30,838
2013
$5,134 (+0.9%)
$3,780 + $27,058
$30,838
2012
$5,090 (−15.2%)
$3,780 + $27,058
$30,838
2011
$6,002 (−1.0%)
$5,292 + $33,737
$39,029
2010
$6,060 (+4.2%)
$5,292 + $33,737
$39,029
2009
$5,813 (−4.5%)
$5,292 + $33,737
$39,029
2008
$6,090 (+22.0%)
$6,652 + $37,612
$44,264
2007
$4,992
$6,652 + $37,612
$44,264
Tax history for 5725 W Addison St
Year
Property tax
Land + Additions
Assessment*
2023
$7,532 (+2.6%)
$13,230 + $27,812
$41,042
2022
$7,343 (−8.8%)
$10,584 + $25,096
$35,680
2021
$8,048 (+55.7%)
$10,584 + $29,416
$40,000
2020
$5,170 (−4.0%)
$4,725 + $21,572
$26,297
2019
$5,387 (+1.7%)
$4,725 + $25,502
$30,227
2018
$5,295 (−19.2%)
$4,725 + $25,502
$30,227
2017
$6,550 (+4.5%)
$4,158 + $29,629
$33,787
2016
$6,271 (+9.8%)
$4,158 + $29,629
$33,787
2015
$5,713 (+8.9%)
$4,158 + $29,629
$33,787
2014
$5,248 (+2.2%)
$3,780 + $27,058
$30,838
2013
$5,134 (+0.9%)
$3,780 + $27,058
$30,838
2012
$5,090 (−15.2%)
$3,780 + $27,058
$30,838
2011
$6,002 (−1.0%)
$5,292 + $33,737
$39,029
2010
$6,060 (+4.2%)
$5,292 + $33,737
$39,029
2009
$5,813 (−4.5%)
$5,292 + $33,737
$39,029
2008
$6,090 (+22.0%)
$6,652 + $37,612
$44,264
2007
$4,992
$6,652 + $37,612
$44,264
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.