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$520,121

Listing Price

3beds

1baths

1,152sqft

4,410sqft lot

5040 W Patterson Ave, Chicago, IL 60641

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

451.49

Price / sqft

1913

Year built

Home Details

Bring your vision to this legal 2 unit, with basement option, on a 35x126 lot offering a rare opportunity to create your dream residence or investment property. This large property with great bones is truly a blank canvas, ideal for buyers, builders, or investors looking to customize and add value. Generous room sizes and flexible floor plans featuring a 3 bedroom, 2 bath first floor unit and a 2 bedroom, 1 bath second floor unit, complete with a 3 car garage for ample parking and storage. The lower level has 8' ceilings and another 2 bedroom, 1 bathroom unit. Building hasn't been renovated in awhile, but with improvements can bring in strong rents. Located in the desirable Portage Park/Dunning area, this home is surrounded by neighborhood conveniences including Shabbona Park, local restaurants, coffee shops, grocery stores, and shopping along Irving Park Road and Milwaukee Avenue. Enjoy easy access to public transportation with nearby CTA bus routes and the CTA Blue Line just minutes away for a convenient commute downtown or to O'Hare. Quick access to the Kennedy Expressway makes travel throughout the city and suburbs a breeze. An exceptional opportunity to renovate, redesign, and make this home your own in a well-established neighborhood.

Interior Details

Square Feet
  • 1152

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4410

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Bungalow

Exterior
  • Wood

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2018

$4,674

$5,512

$24,321

--%

$29,833

2017

$3,284

$4,851

$16,473

--%

$21,324

2016

$3,415

$4,851

$16,473

--%

$21,324

2015

$3,085

$4,851

$16,473

--%

$21,324

2014

$2,605

$4,410

$14,027

--%

$18,437

2012

$2,542

$4,410

$14,027

--%

$18,437

2011

$3,413

$6,174

$20,263

--%

$26,437

percent-home-icon

Average Home Price in 60641

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$600,000

3 Beds

1 Baths

1,170 Sqft

3,567 Lot (sqft)

Sold 09/23/2026

$413,886

3 Beds

1 Baths

1,212 Sqft

3,720 Lot (sqft)

Sold 08/19/2026

$383,747

3 Beds

1 Baths

1,120 Sqft

3,690 Lot (sqft)

Sold 08/12/2026

$445,338

2 Beds

1 Baths

990 Sqft

3,750 Lot (sqft)

Sold 07/25/2026

$516,952

3 Beds

1.5 Baths

1,296 Sqft

3,896 Lot (sqft)

Sold 07/21/2026

$359,983

4 Beds

1 Baths

1,231 Sqft

3,150 Lot (sqft)

Sold 07/07/2026

$606,575

3 Beds

1 Baths

1,055 Sqft

3,075 Lot (sqft)

Sold 06/23/2026

$--

3 Beds

1 Baths

1,170 Sqft

4,687 Lot (sqft)

Sold 06/16/2026

$429,742

3 Beds

1.5 Baths

1,213 Sqft

3,780 Lot (sqft)

Sold 06/12/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
520,121
$
Down payment
104,024.20
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,120.72
$
HOA (Monthly)
0
$
PMI
0
$
$3,367
Your Payment
Total Monthly Payment:$3,367
Percent of Income:58%
Affordable:No

Details for 5040 W PATTERSON AVE

Property Debt

Foreclosure Contact Details