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5318 N Magnet Ave; Chicago, IL Property Details

5318 N Magnet Ave, Chicago, IL is a Single Family that was built in 1919. This property is currently Financed and is not for sale. Our records show that 5318 N Magnet Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 1,874 square feet. The lot size of 5318 N Magnet Ave is 3,750 square feet.

Off market
5318 N Magnet Ave Chicago, IL 60630
$399,000 Listing Price
4 Beds
1.5 Baths
1,874 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1919
  • Purchase Price: $375,000
  • Open Loans / Balance: 1 / $305,289
  • Est. Equity / %: $262,711 / 46.25%
  • Gross Yield: 7.185%
  • APN: 13-08-223-058-0000
  • Situs County: Cook
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,874/SqFt
  • Lot: 3,750/SqFt
  • Gross: 1,874/SqFt
  • Living: 1,874/SqFt
  • Building: 1,874/SqFt
  • Price Per Square Foot: $200.11

Legal Description

  • Description: C.N.(LOUCKS) ADD TO (JEFFERSON) SUB OF BLKS 5-6 IN O. H. HORTONS SUB IN EH NE SEC 08-40-13
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: 41.9774 / -87.77077
  • Subdivision: Loucks Add To Jefferson
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-04

Amenities

  • Plus Four: 1216
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 3

Ownership Info

5318 N Magnet Ave has no associated ownership info
5318 N Magnet Ave has no associated ownership info.

Taxes

5318 N Magnet Ave has 10 associated Taxes items

5318 N Magnet 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 $38,272. The APN we've located for 5318 N Magnet Ave is 13-08-223-058-0000.

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Taxes
  • Assessed Value:  $38,272
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  13-08-223-058-0000
  • Assessed Land Value:  9375
  • Market Land Value:  93750
  • Tax Amount:  6427
  • Tax Year:  2023
  • Market Value:  382720
  • Market Year:  2025

Tax History

5318 N Magnet Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,272 Land Value $9,375 Improvement Value $28,897 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $38,272 Land Value $9,375 Improvement Value $28,897 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,427 Change Rate +0.029399% Assessed CR Tax Rate
Year 2022 Assessed Value $33,759 Land Value $7,504 Improvement Value $26,255 Tax Amount $6,243.45 Change Rate +0.019777% Assessed CR Tax Rate +0.184942%
Year 2021 Assessed Value $33,758 Land Value $7,503 Improvement Value $26,255 Tax Amount $6,122.37 Change Rate +0.039173% Assessed CR Tax Rate +0.181361%
Year 2020 Assessed Value $29,534 Land Value $5,062 Improvement Value $24,472 Tax Amount $5,891.58 Change Rate -0.002702% Assessed CR Tax Rate +0.199485%
Year 2019 Assessed Value $32,816 Land Value $5,062 Improvement Value $27,754 Tax Amount $5,907.54 Change Rate -0.076465% Assessed CR Tax Rate +0.18002%
Year 2018 Assessed Value $35,799 Land Value $5,062 Improvement Value $30,737 Tax Amount $6,396.66 Change Rate +0.145023% Assessed CR Tax Rate +0.178683%
Year 2017 Assessed Value $29,312 Land Value $4,500 Improvement Value $24,812 Tax Amount $5,586.49 Change Rate +0.0396% Assessed CR Tax Rate +0.190587%
Year 2016 Assessed Value $29,312 Land Value $4,500 Improvement Value $24,812 Tax Amount $5,373.69 Change Rate +0.098137% Assessed CR Tax Rate +0.183327%
Year 2015 Assessed Value $29,312 Land Value $4,500 Improvement Value $24,812 Tax Amount $4,893.46 Change Rate +0.169336% Assessed CR Tax Rate +0.166944%
Year 2014 Assessed Value $25,107 Land Value $4,125 Improvement Value $20,982 Tax Amount $4,184.82 Change Rate -0.084214% Assessed CR Tax Rate +0.166679%
Year 2013 Assessed Value $25,107 Land Value $4,125 Improvement Value $20,982 Tax Amount $4,569.65 Change Rate Assessed CR Tax Rate +0.182007%