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5850 N Newark Ave; Chicago, IL Property Details

5850 N Newark Ave, Chicago, IL is a Single Family that was built in 1888. This property is currently Financed and is not for sale. Our records show that 5850 N Newark Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,802 square feet. The lot size of 5850 N Newark Ave is 9,850 square feet.

Off market
5850 N Newark Ave Chicago, IL 60631
$500,000 Listing Price
4 Beds
2 Baths
1,802 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1888
  • Open Loans / Balance: 1 / $407,968
  • Est. Equity / %: $275,032 / 40.27%
  • Gross Yield: 7.822%
  • APN: 13-06-309-023-0000
  • Situs County: Cook
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,802/SqFt
  • Lot: 9,850/SqFt
  • Gross: 1,802/SqFt
  • Living: 1,802/SqFt
  • Building: 1,802/SqFt

Legal Description

  • Description: (TOWN) OF (NORWOOD) (PARK) ALL OF EX 30 ACS OFF E END NH NE ALSO PT SECS 31-41-13 & PT SEC 07-40-13 PT SUBDIVIDED PT SW CHICA
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: 41.987953 / -87.79711
  • Subdivision: Town Of Norwood Park
  • Property Class: Residential
  • Zoning: RS-1
  • County Use Code: 2-05

Amenities

  • Plus Four: 3141
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: None
  • Heating: Hot Water

HOA

  • H O A One: $589
  • H O A Amount: $589
  • H O A One Frequency: Monthly
  • H O A One Name: South Sauganash Condominium Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: South Sauganash Place Condos
  • H O A Two Type: Home Owner Association

Ownership Info

5850 N Newark Ave has no associated ownership info
5850 N Newark Ave has no associated ownership info.

Taxes

5850 N Newark Ave has 10 associated Taxes items

5850 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 $55,000. The APN we've located for 5850 N Newark Ave is 13-06-309-023-0000.

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Taxes
  • Assessed Value:  $55,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  13-06-309-023-0000
  • Assessed Land Value:  24625
  • Market Land Value:  246250
  • Tax Amount:  9284
  • Tax Year:  2023
  • Market Value:  550000
  • Market Year:  2025

Tax History

5850 N Newark Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,000 Land Value $24,625 Improvement Value $30,375 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $55,000 Land Value $24,625 Improvement Value $30,375 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $9,284 Change Rate +0.025852% Assessed CR Tax Rate
Year 2022 Assessed Value $44,000 Land Value $19,700 Improvement Value $24,300 Tax Amount $9,050.04 Change Rate +0.10659% Assessed CR Tax Rate +0.205683%
Year 2021 Assessed Value $44,000 Land Value $19,700 Improvement Value $24,300 Tax Amount $8,178.31 Change Rate +0.041282% Assessed CR Tax Rate +0.185871%
Year 2020 Assessed Value $38,359 Land Value $12,312 Improvement Value $26,047 Tax Amount $7,854.08 Change Rate +0.009515% Assessed CR Tax Rate +0.204752%
Year 2019 Assessed Value $42,153 Land Value $12,312 Improvement Value $29,841 Tax Amount $7,780.05 Change Rate +0.017262% Assessed CR Tax Rate +0.184567%
Year 2018 Assessed Value $42,153 Land Value $12,312 Improvement Value $29,841 Tax Amount $7,648.03 Change Rate +0.077776% Assessed CR Tax Rate +0.181435%
Year 2017 Assessed Value $36,339 Land Value $9,850 Improvement Value $26,489 Tax Amount $7,096.12 Change Rate +0.022673% Assessed CR Tax Rate +0.195276%
Year 2016 Assessed Value $37,141 Land Value $9,850 Improvement Value $27,291 Tax Amount $6,938.8 Change Rate +0.038197% Assessed CR Tax Rate +0.186823%
Year 2015 Assessed Value $39,096 Land Value $9,850 Improvement Value $29,246 Tax Amount $6,683.51 Change Rate +0.07972% Assessed CR Tax Rate +0.170951%
Year 2014 Assessed Value $35,931 Land Value $8,865 Improvement Value $27,066 Tax Amount $6,190.04 Change Rate +0.022015% Assessed CR Tax Rate +0.172276%
Year 2013 Assessed Value $35,931 Land Value $8,865 Improvement Value $27,066 Tax Amount $6,056.7 Change Rate Assessed CR Tax Rate +0.168565%