This property
$680,000
$680,000
Similar homes for sale
$613,833
$613,833
Recently sold homes
$686,667
$686,667
5538 N Lakewood Ave, Chicago IL 60640
1 ½ ba 1,632 sqft Single-Family Home|
Sold for $680,000 on May 18th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 1 |
| Partial bathrooms | 1 |
| Price/sqft | $417 |
| Year built | 1906 |
| ZIP code | 60640 |
| Neighborhood | Edgewater |
Public Records
| Street # | 5538 |
| Street | N Lakewood Ave |
| City | Chicago |
| ZIP code | 60640 |
| Baths | 1.5 |
| Year built | 1906 |
| Sqft | 1,632 sqft |
| Lot Size | 0.08 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 05/18/2009 | Sold | $680,000 | Public record |
| 01/19/2007 | Sold | $720,000 | Public record |
| 05/30/2006 | Sold | $727,500 | Public record |
Street view
Similar homes for sale
Average listing price is $613,833
Recently sold homes
Average sales price is $686,667
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| This home | ||
|---|---|---|
| Sales price: | $680,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $613,833 | +11% |
| Avg. sales price: | $686,667 | -1% |
| Avg. price/sqft: | $444 | -6% |
| Compared to Edgewater | ||
|---|---|---|
| Avg. listing price: | $306,506 | +122% |
| Avg. sales price: | $280,775 | +142% |
| Avg. price/sqft: | $225 | +85% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $680,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $463,831 | +47% |
| Avg. sales price: | $277,543 | +145% |
| Avg. price/sqft: | $121 | +245% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Peirce Elementary School
Chicago Public School District 299 |
Public | 0.13 | ||
| This is a great school for you kids to learn in and grow in a diverse community setting. | ||||
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Lake Shore School
|
Private | 0.29 | ||
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British School Of Chicago
|
Private | 0.41 | ||
| some of these reviews are not reliable. The British School does not have a high school. They provide a very demanding curriculum, the classrooms are… | ||||
|
Rogers Park Montessori School
|
Private | 0.49 | ||
| I loved this school, and though it seemed very easy compared to public school, the transfer was surprisingly easy and the methods of hands-on learning… | ||||
|
Swift Elementary School
Chicago Public School District 299 |
Public | 0.55 | ||
| Swift is an excellent school with a great curriculum and extra curricular activities. They have one of the top art teachers on the northside and kids from… | ||||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Recent Q&A in Edgewater, Chicago, IL
| Communities near 5538 N Lakewood Ave, Chicago | ||||||||||||||
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This Single-Family Home located at 5538 N Lakewood Ave, Chicago IL, 60640 sold for $680,000 on May 18, 2009. 5538 N Lakewood Ave is has 1 ½ bath and approximately 1,632 square feet. The property has a lot size of 3,690 square feet and was built in 1906. 5538 N Lakewood Ave is in the Edgewater neighborhood in Chicago, IL and in ZIP Code 60640. The most recent sale price of $680,000 is 11% higher than the average list price of $613,833 for similar homes for sale, 122% higher than the average list price of $306,506 for Edgewater, 99% higher than the average list price of $342,435 for 60640, and 47% higher than the average list price of $463,831 for Chicago, IL. The most recent sale is 0.97% lower than the average sale price of $686,667 for similar homes for sale, 142% higher than the average sale price of $280,775 for Edgewater sold homes, 132% higher than the average sale price of $292,706 for 60640 sold homes, and 47% higher than the average sale price of $277,543 for Chicago sold homes. 5538 N Lakewood Ave previously sold for $680,000 on May 18, 2009, $720,000 on Jan 19, 2007, and $727,500 on May 30, 2006.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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