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5340 N Magnet Ave; Chicago, IL Property Details

5340 N Magnet Ave, Chicago, IL is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 5340 N Magnet Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,406 square feet. The lot size of 5340 N Magnet Ave is 2,526 square feet.

Off market
5340 N Magnet Ave Chicago, IL 60630
$18,590 Estimated Value
3 Beds
2.5 Baths
1,406 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Purchase Price: $280,000
  • Est. Equity / %: $439,000 / 100%
  • Gross Yield: 7.957%
  • APN: 13-08-223-049-0000
  • Situs County: Cook
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,406/SqFt
  • Lot: 2,526/SqFt
  • Gross: 1,406/SqFt
  • Living: 1,406/SqFt
  • Building: 1,406/SqFt
  • Price Per Square Foot: $199.15

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: 41.977833 / -87.77151
  • Subdivision: Loucks Add To Jefferson
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-03

Amenities

  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

5340 N Magnet Ave has no associated ownership info
5340 N Magnet Ave has no associated ownership info.

Taxes

5340 N Magnet Ave has 10 associated Taxes items

5340 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 $18,590. The APN we've located for 5340 N Magnet Ave is 13-08-223-049-0000.

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Taxes
  • Assessed Value:  $18,590
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  13-08-223-049-0000
  • Assessed Land Value:  6315
  • Market Land Value:  63150
  • Tax Amount:  868
  • Tax Year:  2023
  • Market Value:  185900
  • Market Year:  2025

Tax History

5340 N Magnet Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,590 Land Value $6,315 Improvement Value $12,275 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $18,590 Land Value $6,315 Improvement Value $12,275 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $868 Change Rate +0.049564% Assessed CR Tax Rate
Year 2022 Assessed Value $7,096 Land Value $5,052 Improvement Value $2,044 Tax Amount $827.01 Change Rate +0.091215% Assessed CR Tax Rate +0.116546%
Year 2021 Assessed Value $7,097 Land Value $5,054 Improvement Value $2,043 Tax Amount $757.88 Change Rate -0.623797% Assessed CR Tax Rate +0.106789%
Year 2020 Assessed Value $16,097 Land Value $3,410 Improvement Value $12,687 Tax Amount $2,014.55 Change Rate +0.162685% Assessed CR Tax Rate +0.125151%
Year 2019 Assessed Value $17,884 Land Value $3,409 Improvement Value $14,475 Tax Amount $1,732.67 Change Rate -0.509827% Assessed CR Tax Rate +0.096884%
Year 2018 Assessed Value $17,884 Land Value $3,409 Improvement Value $14,475 Tax Amount $3,534.81 Change Rate +0.102987% Assessed CR Tax Rate +0.197652%
Year 2017 Assessed Value $14,879 Land Value $3,030 Improvement Value $11,849 Tax Amount $3,204.76 Change Rate +0.593377% Assessed CR Tax Rate +0.215388%
Year 2016 Assessed Value $14,879 Land Value $3,030 Improvement Value $11,849 Tax Amount $2,011.3 Change Rate -0.262755% Assessed CR Tax Rate +0.135177%
Year 2015 Assessed Value $14,879 Land Value $3,030 Improvement Value $11,849 Tax Amount $2,728.13 Change Rate +0.145922% Assessed CR Tax Rate +0.183354%
Year 2014 Assessed Value $12,822 Land Value $2,777 Improvement Value $10,045 Tax Amount $2,380.73 Change Rate +0.020166% Assessed CR Tax Rate +0.185675%
Year 2013 Assessed Value $12,822 Land Value $2,777 Improvement Value $10,045 Tax Amount $2,333.67 Change Rate Assessed CR Tax Rate +0.182005%