5240 N  Wayne Ave, Chicago, IL 60640
Property image
Property image
OFF MARKET

$1,293,700

Trulia Estimate
  • 4 Beds
  • 1.5 Baths
  • 2,049 sqft

5240 N Wayne Ave, Chicago, IL 60640

Andersonville
Currently Off Market - Sold Jul 16, 2020 for $695,000

Home Value

Trulia Estimate
$1.29M
Since last month
Increased$22K (+1.7%)
Since last year
Increased$215K (+19.9%)
Since last sale
Increased$599K (+86.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +93% in the last 10 years
MonthEstimated value
2026
August 2026$1.29M
August 2026$1.29M
July 2026$1.27M
June 2026$1.27M
May 2026$1.25M
April 2026$1.22M
March 2026$1.17M
February 2026$1.13M
January 2026$1.1M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$930,000
01/15/26
4
2
2,294
0.34
Single-Family Home
$625,000
06/22/26
4
1.5
2,446
0.13
Single-Family Home
$1,225,000
04/15/26
4
2.5
2,500
0.19
Single-Family Home
$1,076,000
01/23/26
4
3
4,317
0.37
Single-Family Home
$420,000
11/21/25
3
2
2,100
0.49
Single-Family Home
$1,127,000
08/18/26
4
3
2,000
0.46
Single-Family Home
$585,000
09/10/25
4
2.5
1,600
0.35
Single-Family Home
$885,000
09/02/26
3
3
2,550
0.34
Single-Family Home
$2,000,000
08/11/26
4
4
2,383
0.52
Single-Family Home
$1,005,000
04/28/26
3
2.5
2,029

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$1,150,000
3
2.5
3,163
For Sale
0.06
$517,700
2
1
1,250
Off Market
0.01
$1,855,300
6
4.5
3,943
Off Market
0.04
$930,000
4
2
2,294
Recently Sold
0.08
$1,800,000
5
4
4,800
Off Market
0.01
$966,700
5
2
-
Off Market
0.04
$1,311,000
5
3
-
Recently Sold
0.06
$516,600
2
1
1,400
Off Market
0.06
$435,700
2
1
-
Off Market
0.06
$428,900
2
1
1,300
Off Market
0.09
$465,000
2
1
1,536
Recently Sold
0.09
$587,000
2
1
1,400
Recently Sold

Local Information

  • Map ViewExplore the area around 5240 N Wayne Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1906
2,049 sqft
$631/sqft
Garage

About this House

Charming Lakewood Balmoral shingle style farmhouse on extra wide 35' lot on lovely block! Beautiful front porch opens into gracious foyer with restored original details: leaded glass windows, oak hardwood floors, original wood trim and high ceilings. Double parlor style living room with separate dining room. Sunny maple cabinet kitchen with white appliances opens to professionally done sunroom addition that is ideal breakfast room, playroom or giant mudroom. Sunroom's masonry foundation means possible 2nd floor master suite bump out potential. 4 beds and 1 bath up. Large, full hall bath was recently renovated with step in subway tile shower, marble top vanity and hex tile floor in keeping with the homes vintage style. Full, dry basement with 7' ceiling. House has "great bones" and with a little TLC could be move-in ready, but for most buyers will need renovated to meet the area's standards. Big upside once you are done...house next door sold for 1.55M post rehab on same size lot. Entire exterior was repainted in the last couple of years, roof is good, many newer replacement windows. Huge, sunny backyard with gorgeous Gingko tree and raised beds for your veggie garden! Feels like a little farmhouse in the city! Lovingly maintained by the same family for 56 years and it shows! Very solid, but family is selling "as-is". Walking distance to all of Andersonville's cafes, boutiques and restaurants. Under 5 minutes to Berwyn "L", CTA, lakefront beaches, bicycle paths and parks! Easy Access to Lake Shore Drive and I-94. Pierce School!
5240 N Wayne Ave, Chicago, IL 60640 is a 4 bedroom, 2 bathroom, 2,049 sqft single-family home in Andersonville, built in 1906. It last sold for $695,000 on Jul 16, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,293,700, with a rent estimate of $5,029/month.

Home Details for 5240 N Wayne Ave

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Interior Details
Number of Rooms: 8Types of Rooms: Walk In Closet, Dining Room
Appliances & Utilities
DryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood, Laminate

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherDeckExterior: Wood
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 4312 sqft

Price and Tax history

DateEventPrice
Jul 16, 2020
Source: MRED as distributed by MLS GRID #10739897
Sold
$695,000
Jun 15, 2020
Source: Agent Provided
Pending
$695,000
Jun 8, 2020
Source: Agent Provided
Listed For Sale
$695,000

Market trends in Chicago

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$389K
$10.33K
MoM
Sale-to-List Price
100.2%
0.2%
MoM
Price per sq ft
$294
$8
MoM
Available listings
5488
263
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Andersonville

At least 255 Trulia users voted on each feature.
  • 98 % Say there are sidewalks

  • 97 % Say it's walkable to grocery stores

  • 97 % Say it's dog friendly

  • 96 % Say it's walkable to restaurants

  • 81 % Say streets are well-lit

  • 73 % Say people would walk alone at night

  • 72 % Say there's holiday spirit

  • 63 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 57 % Say parking is easy

  • 57 % Say kids play outside

  • 54 % Say it's quiet

  • 44 % Say yards are well-kept

  • 43 % Say there are community events

  • 38 % Say there's wildlife

  • 30 % Say car is needed

Sourced by Trulia users. Learn more about our methodology.
  • Mick Cockerill
    "Great variety of public transportation within walking distance of my home. Usual commute time downtown by Red Line is less than half an hour. "
  • Maria Superlano
    "I drive a car, traffic is not bad however the roads are pretty rough in the city. Commute is not a headache though. Only when the weather is bad. "
  • Mick Cockerill
    "Andersonville: Lived here since 2016. Friendly, liberal, diversified, wonderful restaurants, low crime, nearby grocery, drug stores, and small businesses. Public transportation at your fingertips. Walking distance to Lake Michigan beaches, bicycle, and running trails. Village-like atmosphere, but close to downtown Chicago and its many sights, museums, art galleries, and theater. Great place to live! "
  • Trulia User
    "Great area but just like any other neighborhood up north. Poor parking streets and sidewalks are not clean and to expensive for small apts"
  • Trulia User
    "Great starter area of Chicago. Schools are sub par though. Sent mine to private. Gang activity in certain areas. Plenty to walk too though. "
  • Trulia User
    "This collection of classic Chicago neighborhoods on the north side are a great place to work and live."
  • Barajas_jessie
    "Friendly neighbors and great restaurants. Walkable to many stores, restaurants, and bars. Not very far from the beach. Very quiet neighborhood for the most part."
  • Deborah C.
    "So much to do in this neighborhood, which is lively but quiet at night. Child-friendly restaurants and stores. Close to the lakefront trail. "
  • Deborah C.
    "The Sommerfest, the weekly farmer’s market, sidewalk sales, Viking pub crawl and many more events make this neighborhood fun. It is also a fairly quiet neighborhood; if you want lots of nightlife, live farther south. We are older, and really love the inclusive, friendly vibe here."
  • Todd
    "Close to the Bryn Mawr L stop. Public transportation is readily available. lake shore drive makes driving to the loop easy."
  • Deborah C.
    "I commute to the Rosemont area by car. It averages 40 minutes. By bus and blueline, it is about an hour and 15. To get downtown from here is easy by Metra, red line, or Clark 22 bus."
  • Deborah C.
    "Many of the restaurants allow dogs at their outdoor tables. Many businesses offer free dog biscuits and set out water. Several good pet shops along Clark St. "
  • Todd
    "It is a historic neighborhood with pretty large single family homes. Not as many children as you might think in the neighborhood."
  • Ecolatos
    "I've lived in this area for over 20 years and couldn't see myself living anywhere else. People are especially friendly, everyone says hello and if you have children or dogs they tend to be more talkative. We have an abundance of restaurants, grocery stores as well as public transportation all within walking distance. "
  • ssbv1934
    "proximity to public transportation, grocery store, shops, art festivals, literary events, music events"
  • Priscila E. D.
    "Work from home. Lake Shore Drive is gorgeous if going to down town is necessary. great neighborhood. "
  • Priscila E. D.
    "Great family neighborhood. Pet friendly neighborhood. Lgbtq neighborhood. All lives matter type place. "
  • Jonathan K.
    "Love the neighborhood filled with families, good stores, and great food. It’s so nice to know your neighbors and local shop owners. "
  • AS
    "Sidewalks usually clear in winter. Easy safe streets to walk at any hour. Easy walk to the lake. Great restaurants that allow dogs. "
  • Gdflip
    "Close to the lake! We have a community farmers market and an annual festival. We are close to great restaurants and the train. "
  • Genevieve P.
    "It is amazing here! Friendly and charming. Shopping, food, grocery, pharmacy, public transit all 5-10 minute walks in any direction. A wonderful community of forward thinkers and passionate humans."
  • Megan K.
    "Block parties and very friendly neighbors! Mix of families and renters, with a variety of people. More importantly, there’s a variety of bars, restaurants, and shopping right out your doorstep! Super safe area. I’ve lived in lake view, wicker park, and evanston and I’ve enjoyed Andersonville the most! "
  • Rascher
    "The neighborhood is close to shopping, restaurants and the like peeries the business district call so tries to run neighborhood wide meetings."
  • Wnderwanda
    "technically i live in andersonville. I love it here. I know my local busoness owners as well as many of my neighbors. Convenient location with convenient 24 hour public transportation. "
  • Kelly
    "Great area to live. Plenty to do, great restaurants and shopping."
  • Jameslct9
    "All the amenities of Lincoln Park without the congestion. 10 minutes from downtown"

LGBTQ Local Legal Protections

Frequently asked questions about 5240 N Wayne Ave

  • What is 5240 N Wayne Ave estimated to be worth?
    Trulia's estimated value for 5240 N Wayne Ave in Chicago, IL is $1,293,700.
  • What is the price history for 5240 N Wayne Ave?
    5240 N Wayne Ave in Chicago, IL last sold for $695,000 in July 2020.
  • Is Chicago a buyer's or seller's market?
    Chicago is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Chicago?
    The median sale price in Chicago is $389K. That is up $10.33K from the prior month.
  • Does 5240 N Wayne Ave have laundry facilities?
    Yes, 5240 N Wayne Ave in Chicago, IL has in-unit laundry.
  • How big is the lot at 5240 N Wayne Ave?
    The lot at 5240 N Wayne Ave in Chicago, IL is about 0.10 acres (4,312 sq ft).

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