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5371 N Magnet Ave; Chicago, IL Property Details

5371 N Magnet Ave, Chicago, IL is a Duplex 2 Units that was built in 1923. This property is currently Financed,Bank Sale and is not for sale. Our records show that 5371 N Magnet Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,840 square feet. The lot size of 5371 N Magnet Ave is 3,750 square feet.

Off market
5371 N Magnet Ave Chicago, IL 60630
$42,000 Estimated Value
4 Beds
2 Baths
1,840 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $250,000
  • Open Loans / Balance: 1 / $64,653
  • Est. Equity / %: $414,347 / 86.5%
  • APN: 13-08-224-003-0000
  • Situs County: Cook
  • Length Of Ownership: 22 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,840/SqFt
  • Lot: 3,750/SqFt
  • Gross: 1,840/SqFt
  • Living: 1,840/SqFt
  • Building: 1,840/SqFt
  • Price Per Square Foot: $135.87

Legal Description

  • Description: (SMITH) & (WICKERSHAM)(GLADSTONE)(PARK) VILLA RESUB O F LTS 1-23 BLK 2; LTS 9-17 BLK 3; LTS 30-44 BLK 4; & LTS 1-25 BLK 1 IN
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.978756 / -87.77169
  • Subdivision: Smith & Wickersham Gladstone Park
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-11

Amenities

  • Plus Four: 1215
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

5371 N Magnet Ave has no associated ownership info
5371 N Magnet Ave has no associated ownership info.

Taxes

5371 N Magnet Ave has 10 associated Taxes items

5371 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 $42,000. The APN we've located for 5371 N Magnet Ave is 13-08-224-003-0000.

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Taxes
  • Assessed Value:  $42,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  13-08-224-003-0000
  • Assessed Land Value:  9375
  • Market Land Value:  93750
  • Tax Amount:  7534
  • Tax Year:  2023
  • Market Value:  420000
  • Market Year:  2025

Tax History

5371 N Magnet Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,000 Land Value $9,375 Improvement Value $32,625 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $42,000 Land Value $9,375 Improvement Value $32,625 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $7,534 Change Rate +0.02883% Assessed CR Tax Rate
Year 2022 Assessed Value $39,000 Land Value $7,500 Improvement Value $31,500 Tax Amount $7,322.88 Change Rate +0.020225% Assessed CR Tax Rate +0.187766%
Year 2021 Assessed Value $39,003 Land Value $7,503 Improvement Value $31,500 Tax Amount $7,177.71 Change Rate +0.353261% Assessed CR Tax Rate +0.18403%
Year 2020 Assessed Value $26,898 Land Value $5,062 Improvement Value $21,836 Tax Amount $5,304.01 Change Rate -0.027718% Assessed CR Tax Rate +0.19719%
Year 2019 Assessed Value $30,566 Land Value $5,062 Improvement Value $25,504 Tax Amount $5,455.22 Change Rate +0.017309% Assessed CR Tax Rate +0.178473%
Year 2018 Assessed Value $30,566 Land Value $5,062 Improvement Value $25,504 Tax Amount $5,362.4 Change Rate -0.170856% Assessed CR Tax Rate +0.175437%
Year 2017 Assessed Value $33,402 Land Value $4,500 Improvement Value $28,902 Tax Amount $6,467.39 Change Rate +0.044253% Assessed CR Tax Rate +0.193623%
Year 2016 Assessed Value $33,402 Land Value $4,500 Improvement Value $28,902 Tax Amount $6,193.32 Change Rate +0.097453% Assessed CR Tax Rate +0.185418%
Year 2015 Assessed Value $33,402 Land Value $4,500 Improvement Value $28,902 Tax Amount $5,643.36 Change Rate +0.117528% Assessed CR Tax Rate +0.168953%
Year 2014 Assessed Value $29,766 Land Value $4,125 Improvement Value $25,641 Tax Amount $5,049.86 Change Rate +0.022435% Assessed CR Tax Rate +0.169652%
Year 2013 Assessed Value $29,766 Land Value $4,125 Improvement Value $25,641 Tax Amount $4,939.05 Change Rate Assessed CR Tax Rate +0.165929%