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5601 N Newark Ave; Chicago, IL Property Details

5601 N Newark Ave, Chicago, IL is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 5601 N Newark Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,600 square feet. The lot size of 5601 N Newark Ave is 7,896 square feet.

For Rent
5601 N Newark Ave Chicago, IL 60631
$43,036 Estimated Value
4 Beds
2 Baths
1,600 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1952
  • Purchase Price: $350,000
  • Open Loans / Balance: 1 / $324,959
  • Est. Equity / %: $97,041 / 23%
  • Gross Yield: 10.177%
  • APN: 13-06-416-038-0000
  • Situs County: Cook
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,600/SqFt
  • Lot: 7,896/SqFt
  • Gross: 1,600/SqFt
  • Living: 1,600/SqFt
  • Building: 1,600/SqFt
  • Ground: 1,600/SqFt
  • Price Per Square Foot: $218.75

Legal Description

  • Description: LARSONS RESUBDIVISION LOT 4
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: 41.983055 / -87.79459
  • Subdivision: Larsons Resub
  • Property Class: Residential
  • Zoning: RS-1
  • County Use Code: 2-03

Amenities

  • Plus Four: 3138
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

5601 N Newark Ave has no associated ownership info
5601 N Newark Ave has no associated ownership info.

Taxes

5601 N Newark Ave has 10 associated Taxes items

5601 N Newark 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 $43,036. The APN we've located for 5601 N Newark Ave is 13-06-416-038-0000.

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Taxes
  • Assessed Value:  $43,036
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  13-06-416-038-0000
  • Assessed Land Value:  19740
  • Market Land Value:  197400
  • Tax Amount:  9290
  • Tax Year:  2023
  • Market Value:  430360
  • Market Year:  2025

Tax History

5601 N Newark Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $43,036 Land Value $19,740 Improvement Value $23,296 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $43,036 Land Value $19,740 Improvement Value $23,296 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $9,290 Change Rate +0.030184% Assessed CR Tax Rate
Year 2022 Assessed Value $50,000 Land Value $15,792 Improvement Value $34,208 Tax Amount $9,017.81 Change Rate +0.682908% Assessed CR Tax Rate +0.180356%
Year 2021 Assessed Value $50,000 Land Value $15,792 Improvement Value $34,208 Tax Amount $5,358.47 Change Rate -0.030966% Assessed CR Tax Rate +0.107169%
Year 2020 Assessed Value $36,794 Land Value $9,870 Improvement Value $26,924 Tax Amount $5,529.7 Change Rate +0.003047% Assessed CR Tax Rate +0.150288%
Year 2019 Assessed Value $40,433 Land Value $9,870 Improvement Value $30,563 Tax Amount $5,512.9 Change Rate +0.015327% Assessed CR Tax Rate +0.136347%
Year 2018 Assessed Value $40,433 Land Value $9,870 Improvement Value $30,563 Tax Amount $5,429.68 Change Rate -0.066061% Assessed CR Tax Rate +0.134288%
Year 2017 Assessed Value $36,677 Land Value $7,896 Improvement Value $28,781 Tax Amount $5,813.74 Change Rate -0.054004% Assessed CR Tax Rate +0.158512%
Year 2016 Assessed Value $36,677 Land Value $7,896 Improvement Value $28,781 Tax Amount $6,145.63 Change Rate +0.040484% Assessed CR Tax Rate +0.167561%
Year 2015 Assessed Value $38,608 Land Value $7,896 Improvement Value $30,712 Tax Amount $5,906.51 Change Rate +0.008665% Assessed CR Tax Rate +0.152987%
Year 2014 Assessed Value $36,818 Land Value $7,106 Improvement Value $29,712 Tax Amount $5,855.77 Change Rate -0.003512% Assessed CR Tax Rate +0.159046%
Year 2013 Assessed Value $36,818 Land Value $7,106 Improvement Value $29,712 Tax Amount $5,876.41 Change Rate Assessed CR Tax Rate +0.159607%