5500 W Warwick Ave, Chicago, IL 60641
Property image
Property image
FORECLOSURE
BANK OWNED

$284,900

  • 3 Beds
  • 1 Bath
  • 1,008 sqft

5500 W Warwick Ave, Chicago, IL 60641

Portage Park
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We estimate this home will sell faster than 91% nearby.

Home Highlights

Single-Family Home
Built in 1922
$283/sqft
Garage

Local Information

  • Map ViewExplore the area around 5500 W Warwick Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Don't Miss Out!!! This is an excellent opportunity to own a 3 bedroom 1 bathroom home in the Portage Park area in the City of Chicago. The home is in need of some work, but has a lot of upside once updated. The property is located near schools, parks, retail, and public transportation.
Contact this Building
View our Foreclosure Guides
Last check for updates: 1 day ago
Listing courtesy of: Stratos Rounis, (847) 878-1610
SR Realty Group Inc.
Source: MRED as distributed by MLS GRID, MLS#12725538
We estimate this home will sell faster than 91% nearby.

Home Details for 5500 W Warwick Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1008 Square Feet
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Yes,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 29

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: FrameNot a New Construction
Property Information
Parcel Number: 13211160360000

Price & Status

Price
List Price: $284,900Price Per Sqft: $283
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Chicago
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Agent Information

Listing Agent
Listing ID: 12725538

HOA

HOA Fee Includes: NoneHOA Fee: No HOA Fee

Lot Information

Lot Area: 4625 sqft

Listing Info

Special Conditions: Real Estate Owned

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12725538

Additional Information

Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes

Around this home

Neighborhood Overview

Portage Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Portage Park

At least 510 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 80 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 77 % Say it's walkable to grocery stores

  • 75 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 70 % Say parking is easy

  • 69 % Say people would walk alone at night

  • 66 % Say kids play outside

  • 59 % Say car is needed

  • 59 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 55 % Say neighbors are friendly

  • 50 % Say there are community events

  • 35 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Holly Armstrong
    "Dog friendly, lots of green space, a small park on our block and a large park with a dog park a half mile away"
    0
    Flag
  • Kailey Oboikovitz
    "Walkable and safe. close stores. Good for families and pets and friendly. Great parks for the kids to play "
    0
    Flag
  • Trulia User
    "Kids ride around on bikes and walk around plenty! There are things going on at the local parks that keeps them busy. "
    0
    Flag
  • Trulia User
    "Great neighbors and great family environment, safe neighborhood everything walking distance from your home "
    0
    Flag
  • Berenice N
    "Portage park is great! Decent area for walking, lots of dog lovers. Nice parks. Bus stops every couple blocks"
    0
    Flag
  • Berenice N
    "Good area to walk your dogs. Very dog friendly but no dog park near by. Poop bag stands would be great"
    0
    Flag
  • Enders1
    "I’ve lived in the area for 19 years, I’m the owner of a Condominium. I recommend the Portage Park area. "
    0
    Flag
  • Trulia User
    "It’s fine. It’s all I ever thought it could be. It was better than cats. How much more do I need to write on here???"
    2
    Flag
  • Trulia User
    "Jefferson park is a good area for children and adults because everyone is different and respectful people "
    0
    Flag
  • Trulia User
    "Portage Park has a lot of opportunity for children to be out and about between the parks and the pool. Lots of shops, close by favorite groceries stores."
    0
    Flag
  • Trulia User
    "Moved into a 6 family apartment- neighborhood is friendly, clean, and I feel safe. Lots of stores near by. The park has a beautiful pool"
    0
    Flag
  • Trulia User
    "My neighborhood is awesome I love walking and taking the bus around in my area the people are great too"
    0
    Flag
  • Trulia User
    "Diversity- vast majority of restaurants and small businesses to keep you entertained. Do watch out for the random Karen and kens! They are pretty much lurking everywhere. "
    11
    Flag
  • Trulia User
    "working class neighborhood which is not far from suburbs. ideal for people who drive. I love having lived here for more than 25 years"
    1
    Flag
  • Trulia User
    "convenient, buses and trains come frequently, gets pretty crowded during rush hour. pretty far from the train"
    0
    Flag
  • Trulia User
    "Great family friendly neighborhood. Relatively safe for Chicago but safer than the south of chicago Amazing neighborhood and neighbors and highly recommend. Still affordable but quickly gentrifying some get in quick. "
    1
    Flag
  • Trulia User
    "Heavy city traffic to be expected. Just have a great playlist or a podcast to listen to. The streets are often in contruction. "
    0
    Flag
  • Trulia User
    "Easy access to suburbs and downtown . Very diverse neighborhood . Nice parks. Great variety of stores and restaurants "
    0
    Flag
  • Trulia User
    "It’s generally safe but you should stay with your children at all times. Otherwise it’s a great family neighborhood. "
    0
    Flag
  • Trulia User
    "It is a friendly neighborhood that is still developing, the shops are nearby and so are certain restaurants and bars "
    0
    Flag
  • Trulia User
    "The friendliness of the neighbors and all the nice dogs in the neighborhood. Very well maintained and safe. Your always seeing someone else walking their dogs, so your never out alone "
    0
    Flag
  • Trulia User
    "We have a park area named portage park and lots of restaurants around and cafes and local stores and it’s close to downtown about a 25 min drive"
    0
    Flag
  • Mariajoyce25
    "Public transportation is available. Easy access to I 90. There are bike lanes as well. This neighborhood has always been too notch for being able to allow residents to commute to all parts of the Chicagoland area. We also have the metra station next to the Irving blue line. "
    2
    Flag
  • Alyssa W.
    "Plenty of people can be seen walking their dogs within this neighborhood. It’s very common for people to have dogs "
    0
    Flag
  • Mariapeggy823
    "They neighborhood is really diverse,good schools, transportation is very accessible. Friendly people. Lots of stores and restaurants in the area."
    4
    Flag
  • Ballattacker3
    "Block party’s, the community comes together and puts on a great show. I hope to get to know more people as time goes on."
    0
    Flag
  • Terron W.
    "I’ve been here for seven years. It’s a great community for families! Neighbors are friendly and there has been an influx of young families moving into the neighborhood. Close proximity to Portage Park adds motivation to get out and enjoy the outdoors. "
    9
    Flag
  • Cielo M.
    "Just moved here. I did have a neighbor threaten to shoot my putbull once but other than that it's a quiet clean place "
    3
    Flag
  • Jennifer H. .
    "My neighborhood is really safe..The people are super nice there are alot of dogs but almost all people pick up after there dogs.."
    1
    Flag
  • Lasvegasarturo
    "Great dog walking neighborhood. Other dog owners are very friendly Area is safe for late walks as well. "
    2
    Flag
  • Kristin M. H.
    "Portage Park has a dog park which would probably be a nice feature for dog owners. Dog owners are typically respectful of other dogs and pedestrians."
    1
    Flag
  • Glenda Y.
    "it's quiet clean safe so far people here hasn't been very friendly but that's fine at least my kids can still walk to school safely"
    6
    Flag
  • Vikki T.
    "Portage dog park is a great option to let the dogs burn some energy and get some good exercise. I definitely think my dog enjoys it "
    0
    Flag
  • Mashiell P.
    "My neighborhood has great access to the six corners Irving Park, Milwaukee, Cicero bus stops and CTA Blue lines."
    0
    Flag

Market trends in Chicago

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

Home Value

Trulia Estimate
$285K
Since last month
Decreased$29K (-9.3%)
Since last year
Decreased$20K (-6.6%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +28% in the last 10 years
MonthEstimated value
2026
August 2026$285K
August 2026$285K
July 2026$315K
June 2026$318K
May 2026$336K
April 2026$327K
March 2026$311K
February 2026$306K
January 2026$301K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
5215 W Warwick Ave, Chicago, IL 60641
0.06
$630,400
5
3.5
3,116
Off Market
5245 W Warwick Ave, Chicago, IL 60641
0.06
$636,300
6
4
-
Off Market
5247 W Warwick Ave, Chicago, IL 60641
0.06
$664,800
5
3
-
Off Market
5222 W Grace St, Chicago, IL 60641
0.05
$408,500
3
2
1,112
Off Market
5232 W Grace St, Chicago, IL 60641
0.05
$496,200
4
2
-
Off Market
5212 W Waveland Ave, Chicago, IL 60641
0.08
$656,700
5
3
2,704
Off Market
5230 W Waveland Ave, Chicago, IL 60641
0.08
$392,300
4
2
1,386
Off Market
5238 W Waveland Ave, Chicago, IL 60641
0.08
$580,700
4
3
2,526
Off Market
5152 W Warwick Ave, Chicago, IL 60641
0.09
$362,500
3
1
968
Off Market
5244 W Waveland Ave, Chicago, IL 60641
0.08
$325,000
2
1
744
For Sale
5250 W Grace St, Chicago, IL 60641
0.06
$753,500
5
3
-
Off Market

Price and Tax history

YearProperty taxTax assessment
2024
$4,235
$270,000
Home facts updated by county records

LGBTQ Local Legal Protections

Stratos Rounis, SR Realty Group Inc.
Agent Phone: (847) 878-1610
Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

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Frequently asked questions about 5500 W Warwick Ave

  • What is the estimated monthly payment for 5500 W Warwick Ave?
    Based on a $284,900 list price with 20% down at today's rates, the estimated monthly payment for 5500 W Warwick Ave in Chicago, IL is approximately $2,055 (about $1,508 principal & interest, $472 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5500 W Warwick Ave compare to homes in Chicago?
    5500 W Warwick Ave in Chicago, IL is listed at $284,900, about 27% below the $389K median sale price in Chicago.
  • What do residents say about the Portage Park neighborhood?
    Residents describe the Portage Park neighborhood in Chicago, IL as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Portage Park, Chicago.
  • What are the closest schools to 5500 W Warwick Ave?
    The closest schools to 5500 W Warwick Ave in Chicago, IL are Gray Elementary School (Pre-K/Middle, rated 4/10), Schurz High School (rated 1/10).
  • Does 5500 W Warwick Ave have air conditioning?
    Yes, 5500 W Warwick Ave in Chicago, IL has air conditioning.
  • Does 5500 W Warwick Ave have laundry facilities?
    Yes, 5500 W Warwick Ave in Chicago, IL has laundry facilities.
5500 W Warwick Ave, Chicago, IL 60641 is a 3 bedroom, 1 bathroom, 1,008 sqft single-family home built in 1922. 5500 W Warwick Ave is located in Portage Park, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Aug 5, 2026. The MLS # for this home is MLS# 12725538.