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5240 N Ludlam Ave; Chicago, IL Property Details

5240 N Ludlam Ave, Chicago, IL is a Single Family that was built in 2022. This property is currently Financed and is not for sale. Our records show that 5240 N Ludlam Ave has 4 bedrooms, and 4 bathrooms, and a total of 2,211 square feet. The lot size of 5240 N Ludlam Ave is 3,720 square feet.

Off market
5240 N Ludlam Ave Chicago, IL 60630
$62,452 Estimated Value
4 Beds
4 Baths
2,211 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2022
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $492,219
  • Est. Equity / %: $68,781 / 12.26%
  • Gross Yield: 12.101%
  • APN: 13-09-115-026-0000
  • Situs County: Cook
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,211/SqFt
  • Lot: 3,720/SqFt
  • Gross: 2,211/SqFt
  • Living: 2,211/SqFt
  • Building: 2,211/SqFt
  • Price Per Square Foot: $101.76

Legal Description

  • Description: A F (HALLMANS) RESUB OF LTS 1-48 BLK 2 OF A G WINSTON S JEFFERSON PK & FOREST GLEN ADD TO CHICAGO SUB OF BLK 3 IN SARAH ANDER
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.97755 / -87.7646
  • Subdivision: Forest Glen Add
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-78

Amenities

  • Plus Four: 1424
  • Cooling: Central
  • Garage: None
  • Heating: Yes
  • Parking: 2

Ownership Info

5240 N Ludlam Ave has no associated ownership info
5240 N Ludlam Ave has no associated ownership info.

Taxes

5240 N Ludlam Ave has 10 associated Taxes items

5240 N Ludlam Ave, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $62,452. The APN we've located for 5240 N Ludlam Ave is 13-09-115-026-0000.

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Taxes
  • Assessed Value:  $62,452
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  13-09-115-026-0000
  • Assessed Land Value:  9300
  • Market Land Value:  93000
  • Tax Amount:  11071
  • Tax Year:  2023
  • Market Value:  624520
  • Market Year:  2025

Tax History

5240 N Ludlam Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $62,452 Land Value $9,300 Improvement Value $53,152 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $62,452 Land Value $9,300 Improvement Value $53,152 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $11,071 Change Rate +0.077776% Assessed CR Tax Rate
Year 2022 Assessed Value $49,913 Land Value $7,440 Improvement Value $42,473 Tax Amount $10,272.08 Change Rate +4.519241% Assessed CR Tax Rate +0.2058%
Year 2021 Assessed Value $12,580 Land Value $7,440 Improvement Value $5,140 Tax Amount $1,861.14 Change Rate -0.64779% Assessed CR Tax Rate +0.147944%
Year 2020 Assessed Value $26,809 Land Value $5,022 Improvement Value $21,787 Tax Amount $5,284.17 Change Rate -0.002774% Assessed CR Tax Rate +0.197104%
Year 2019 Assessed Value $29,788 Land Value $5,022 Improvement Value $24,766 Tax Amount $5,298.87 Change Rate +0.017329% Assessed CR Tax Rate +0.177886%
Year 2018 Assessed Value $29,788 Land Value $5,022 Improvement Value $24,766 Tax Amount $5,208.61 Change Rate +0.288861% Assessed CR Tax Rate +0.174856%
Year 2017 Assessed Value $22,138 Land Value $4,464 Improvement Value $17,674 Tax Amount $4,041.25 Change Rate +0.026735% Assessed CR Tax Rate +0.182548%
Year 2016 Assessed Value $22,138 Land Value $4,464 Improvement Value $17,674 Tax Amount $3,936.02 Change Rate +0.10004% Assessed CR Tax Rate +0.177795%
Year 2015 Assessed Value $22,138 Land Value $4,464 Improvement Value $17,674 Tax Amount $3,578.07 Change Rate +0.176644% Assessed CR Tax Rate +0.161626%
Year 2014 Assessed Value $18,946 Land Value $4,092 Improvement Value $14,854 Tax Amount $3,040.91 Change Rate +0.023972% Assessed CR Tax Rate +0.160504%
Year 2013 Assessed Value $18,946 Land Value $4,092 Improvement Value $14,854 Tax Amount $2,969.72 Change Rate Assessed CR Tax Rate +0.156747%