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5314 Patterson Ave

Chicago, IL 60641

4 bd 2 ba 2,146 sqft Built 1924 Lot 3,780 sqft single_family
Most recent sale
$350,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $350,000 MLS #11425119
Jun 4, 2022 Listed $350,000 MLS #11425119

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $16,416 $10,584 $27,000 $5,699
2022 $16,416 $10,584 $27,000 $4,289
2021 $16,416 $10,584 $27,000 $1,427
2020 $25,115 $4,725 $29,840 $6,651
2019 $28,804 $4,725 $33,529 $1,606
2018 $28,804 $4,725 $33,529 $1,582
2017 $21,682 $4,158 $25,840 $1,694
2016 $21,682 $4,158 $25,840 $2,095
2015 $21,682 $4,158 $25,840 $3,913
2014 $21,538 $3,780 $25,318 $3,883
2013 $21,538 $3,780 $25,318 $2,004
2012 $21,538 $3,780 $25,318 $1,876
2011 $25,034 $5,292 $30,326 $1,709
2010 $25,034 $5,292 $30,326 $3,952
2009 $25,034 $5,292 $30,326 $1,450
2008 $26,923 $6,652 $33,575 $1,533
2007 $26,923 $6,652 $33,575 $1,640
2006 $26,923 $6,652 $33,575 $1,740

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,146 sqft
Lot size
3,780 sqft
ZIP code
60641
City
Chicago
Street
Patterson Ave
Coordinates
41.94714, -87.76010

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,863
Gross rental yield
13.24%
Implied cap rate
8.61%
Trend-extrapolated value

Frequently asked questions

When did 5314 Patterson Ave last sell?
5314 Patterson Ave most recently sold on Jul 28, 2022 for $350,000.
What is the current tax assessment for 5314 Patterson Ave?
The most recent total assessment for 5314 Patterson Ave (year 2023) is $27,000 with $5,699 in property tax.
How does 5314 Patterson Ave's assessment compare to its last sale price?
The current assessment is 92.3% below the last sale price of $350,000.
When was 5314 Patterson Ave built?
5314 Patterson Ave was built in 1924.
How does 5314 Patterson Ave compare to others on Patterson Ave?
We track 8 other properties on Patterson Ave. Browse the list under "Other properties on Patterson Ave" to compare beds, baths, and sale history.
What are the property facts for 5314 Patterson Ave?
5314 Patterson Ave is a 4 bed, 2 bath, 2,146 sqft, 3,780 sqft lot single_family.
Is 5314 Patterson Ave a flip candidate?
No — 5314 Patterson Ave does not appear in our flips dataset.
Is 5314 Patterson Ave a tax-appeal candidate?
No — 5314 Patterson Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.2%
Implied 1-yr
+16.6%
2026 Q3
$658.8K
2026 Q4
$680.3K
ZIP 60641 — Median Price History + Forecast

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