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    5520 S New England Ave Chicago, IL 60638

    Under Contract
    For Sale
    $469,000

    Residential Income, Bungalow - Chicago, IL

    Lot size:
    0.13 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 12 at 8:06 am

    Property Features for 5520 S New England Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    7
    APN
    19181050210000
    Parking
    2
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1920
    Architectural style
    Bungalow

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Taurino Morales (708) 798-1111 License #475113111

    Listing date Nov 14, 2025

    MLS# 12508764 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Garfield Ridge Brick Bungalow

    This legal two-flat brick bungalow is located in the heart of Garfield Ridge. The property is situated on an oversized lot measuring 45x125. The main floor features two bedrooms, an eat-in kitchen with white cabinetry, and an office, along with updated bathrooms. The second-floor unit includes two bedrooms, a large kitchen, a living room, and an enclosed porch. The full finished basement offers three bedrooms, a full bath, a kitchen, and a living room. A laundry room is equipped with a washer and dryer. The property has one furnace to heat the whole house. The first floor and basement share utilities for cooking gas and electric, while the second floor has separate electric and cooking gas utilities. A new front porch was added in 2024, and the roof on the house was replaced in 2019, with the garage roof replaced in 2016. The property includes a two-car garage with an 8 ft overhead door and extra storage space. The location is near Archer Avenue, local transportation, restaurants, a pharmacy, I-55 on Harlem Avenue, the airport, and Toyota Park. The property is sold in as-is condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7943523
    Latitude
    41.7914271

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    FAQs

    What type of property is this?
    Duplex - Two-unit bungalow with finished basement and oversized lot.
    Where is this duplex located?
    The property is located at 5520 S New England Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $469,000.
    What are key features of this property?
    This property features: - Legal 2-flat brick bungalow offering income potential or multi-generational living.; - Full finished basement with 3 bedrooms, full bath, kitchen, and living room provides additional living space.; - **Oversized 45x125 lot with a huge 2-car garage featuring an 8 ft overhead door and extra storage.**
    (708) 798-1111
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    Chicago, IL 60638
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5520 S New England Ave Chicago, IL 60638
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