Chicago  »  60639  »  Austin

5550 West North Avenue, Chicago, IL 60639

North Austin, Austin, Northwest Side, Chicago
Building in Austin
3 Stories
Built in 1924
Nearby Active Listings
5215 W Potomac Avenue - Photo 1
5215 W Potomac Avenue, Apt 2
North Austin, Austin, Northwest Side, Chicago
$1,200
|
2 Bed
|
1 Bath
By Angelina Larks
4810 W Armitage Avenue - Photo 1
4810 W Armitage Avenue, Apt 3R...
Cragin, Northwest Side, Chicago
$1,465
|
2 Bed
|
1 Bath
By Silviu Moldovan
5050 W Division Street - Photo 1
5050 W Division Street, Apt 2
North Austin, Austin, Northwest Side, Chicago
$1,800
|
3 Bed
|
2 Bath
By Maria Rios
1036 N Lawler Avenue - Photo 1
1036 N Lawler Avenue
South Austin, Austin, Northwest Side, Chicago
$2,300
|
3 Bed
|
1 Bath
By Shelia Celestin
629 N Lockwood Avenue - Photo 1
629 N Lockwood Avenue, Apt 2
South Austin, Austin, Northwest Side, Chicago
$2,900
|
5 Bed
|
2.5 Bath
By Danica Matos
Welcome to 5550 West North Avenue, a building located in North Austin, Austin, Northwest Side, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1924. There are a total of 3 floors. Finally, 5550 West North Avenue was most recently sold on Nov 8, 2022 for $2,670,000. The market value for the land that the building sits on has been listed at $183,010. In addition, improvements upon the building have an added value of $1,819,500. In total, the total market value of the property as a whole is $2,002,510. According to local assessors, the total value of the building is currently valued at $200,251. Specifically, the value of the land that the property sits on has been assessed at $18,301. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1924
Effective Year Built
1924
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
3
Living Units
30
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Commercial
Subdivision
MILLS & SONS NORTH AVE & CENTRAL
Land Acres
0.311
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
Legal Description 1
(MILLS) & SONS (NORTH) AVE & (CENTRAL) AVE SUB IN SW SEC 33-40-13
Ownership
Current Owner
5550 WEST NORTH LLC
Current Owner's Name
5550 WEST NORTH LLC
Previous Owner
5550 W NORTH AVE LLC
Previous Owner's Name
5550 W NORTH AVE LLC
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60640
Owner Before Previous Owner
MJ CERMAK II LLC
Current Owner Is a Corporation Indicator
Yes
Vacant Flag
Address Standardization Based
Vacant Flag Date
Mar 28, 2024
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
250300
Census Block Code
3015
Census Group
3
Census Year
2019
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170312503003015
Census - Metropolitan Division - Area Code
16984
Census - Metropolitan Division - Area Name
Chicago-Naperville-Evanston, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
250300
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Zoning
B1-2
Geography
Assessors Map Reference
021-85-05
District
71
Parcel
13-33-319-027-0000
Block
11
Lot
22,21
Lot Code
unknown
Meridian
SEC 33 TWN 40N RNG 13E
Municipality
JEFFERSON
Latitude
41.9097
Longitude
-87.7651
FIPS
17031
Mailing Carrier Code
C054
Mailing Street Direction
N
Mailing Full Street Address
4451 N WINCHESTER AVE
Mailing House Number
4451
Mailing Street Mode
AVE
Mailing Street
WINCHESTER
Mailing 4-Digit Zip Code
5808
Old APN
13-33-319-027-0000
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-04-01 16:09:47
UCID Flag
C
More About The Building
In total, the building area is listed as 5,200 square feet. The depth of the property lot was measured at 1,080 square feet and the front at 1,250 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5550 West North Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Austin area have a median price of $1,625. Those in the 25th percentile, have a price around $1,600. While those in the 75th percentile, have a price around $1,925. Typically, the buildings in this area have a median sqft of 1,200. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There are currently a total of 3 two bedroom listings. The median price for these types of listings is $1,600. That's $1.33 price per sqft.

  • There are currently a total of 4 three bedroom listings. The median price for these types of listings is $1,725. That's $1.51 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
5550 West North Avenue is located in Cook County, Illinois. There are 5,227,575 people living here. There are 1,951,606 households. Most of these households have an average family size of 3.43 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 36.1 years old. On average, most folks in the county are unmarried. About 35% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $56,902. Most folks will commute by car for around 32.6 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 22% and 15% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Chicago, IL - IN Urban Area has a population of 8,672,319 people. Based on census records, there are 3,153,810 registered households. Families in this area are on average made up of 3.4 people per household. Most folks are unmarried. They are also typically around 36.6 years old. Does diversity matter to you? Right now, 30% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 61.2%. Those employed, have a median income of $63,064. If you move here, you can expect to commute mostly by car for around 31.5 minutes.

-
Studio Median Rent
-
1BR Median Rent
$1,600
2BR Median Rent
$1,725
3BR Median Rent
PUBLIC TRANSIT
72
North Ave & Central (Under 500 ft - 3 min walk)
Chicago Transit Authority
85
Central & North Ave (Under 500 ft - 3 min walk)
Chicago Transit Authority
85
Central & North Ave (Under 500 ft - 3 min walk)
Chicago Transit Authority
72
North Ave & Central (Under 500 ft - 3 min walk)
Chicago Transit Authority
72
North Ave & Linder (Under 500 ft - 3 min walk)
Chicago Transit Authority

Nearby Schools

(within attendance boundary)
Young Elem School  •  0.29 mi
1434 N Parkside Ave, Chicago, IL 60651
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
KIPP Academy Chicago Campus  •  1.57 mi  
Charter
4818 W Ohio St, Chicago, IL 60644
Public  •  Middle School  •  Grades 4 to 8
Chicago Public School District 299
Foreman High School  •  2.18 mi
3235 N Leclaire Ave, Chicago, IL 60641
Public  •  High School  •  Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Similar Buildings
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast