Chicago  »  60625  »  Ravenswood

5101 North Lincoln Avenue, Chicago, IL 60625

Ravenswood, North Side, Chicago
Building in Ravenswood
2 Stories
Built in 1898
5101 N Lincoln Avenue - Photo 1
5101 N Lincoln Avenue, Apt 2
Ravenswood, North Side, Chicago
$2,600
|
3 Bed
|
1 Bath
By Salko Dracic
Welcome to 5101 North Lincoln Avenue, a building located in Ravenswood, North 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 1898. There are a total of 2 floors. Finally, 5101 North Lincoln Avenue was most recently sold on Aug 26, 2021 for $505,000. The market value for the land that the building sits on has been listed at $97,200. In addition, improvements upon the building have an added value of $442,800. In total, the total market value of the property as a whole is $540,000. According to local assessors, the total value of the building is currently valued at $54,000. Specifically, the value of the land that the property sits on has been assessed at $9,720. 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
1898
Effective Year Built
1898
Building Count
1
Total Rooms
10
Bedroom Count
4
Bathroom Count
3
Full Bathrooms
2
Partial Bathrooms
3
Building Condition
Average
Building Quality
C
Construction Type
Frame
Building Style
Multifamily
Exterior Walls Type
Wood
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Asphalt
Floor Count
2
Living Units
3
Floor Cover
unknown
Basement Type
Unfinished basement
Basement Area
0
Garage Type
None
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
Residential
Subdivision
RUSKS SUB
Land Acres
0.093
Standard Land Use Code
Misc Residential improvement
County Land Use Code
unknown
Legal Description 1
RICHARD (RUSKS) SUB OF LTS11-12 IN BOWMANVILLE SUB PT OF EH SE & ALL OF SW SE IN& LT 3 IN BOWMANS ORIGINAL SUB IN EH SE SE SE
Ownership
Current Owner
5101 N LINCOLN LLC
Current Owner's Name
5101 N LINCOLN LLC
Previous Owner
1525 W MADISON LLC
Previous Owner's Name
1525 W MADISON LLC
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60625
Owner Before Previous Owner
CORONA INVESTMENTS LLC
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
040201
Census Block Code
1003
Census Group
1
Census Year
2020
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
170310402011003
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
040201
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
B3-1
Geography
Assessors Map Reference
019-13-02
District
71
Parcel
13-12-403-007-0000
Lot
3,11,
Lot Code
unknown
Meridian
SEC 12 TWN 40N RNG 13E
Municipality
JEFFERSON
Latitude
41.9742
Longitude
-87.6917
FIPS
17031
Mailing Carrier Code
C017
Mailing Street Direction
N
Mailing Full Street Address
5101 N LINCOLN AVE
Mailing House Number
5101
Mailing Street Mode
AVE
Mailing Street
LINCOLN
Mailing 4-Digit Zip Code
2501
Old APN
13-12-403-007-0000
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-04-01 15:50:50
UCID Flag
C
More About The Building
In total, the building area is listed as 3,462 square feet. The building itself has 3,462 square footage of total floor area. 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 5101 North Lincoln 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 Ravenswood area have a median price of $2,350. Those in the 25th percentile, have a price around $1,825. While those in the 75th percentile, have a price around $2,825. Typically, the buildings in this area have a median sqft of 1,125. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $2. While the price per sqft for buildings in the 75th percentile is $3. As a breakdown, we've included the following stats:

  • There are currently a total of 4 studio listings. The median price for these types of listings is $1,448. That's $2.60 price per sqft.

  • There are currently a total of 5 one bedroom listings. The median price for these types of listings is $1,700. That's $2.13 price per sqft.

  • There are currently a total of 14 two bedroom listings. The median price for these types of listings is $2,373. That's $2.17 price per sqft.

  • There are currently a total of 9 three bedroom listings. The median price for these types of listings is $2,750. That's $1.90 price per sqft.

  • There are currently a total of 3 four bedroom listings. The median price for these types of listings is $3,800. That's $1.90 price per sqft.
About The Area
5101 North Lincoln Avenue is located in 60625. There are 79,157 people living here. There are 29,157 households. Most of these households have an average family size of 3.41 people. According to the census, 61% are currently renting while 39% own their homes. The median age of this population is around 34 years old. On average, most folks in the zipcode are unmarried. About 54% of folks speak a language other than English in this area. The area's employment rate is currently around 68.1%. Speaking of employment, the median income is $59,601. Most folks will commute by car for around 36.6 minutes. Finally, we know that 17% of residents in the area have graduated with their high school degree. Additionally, 29% and 18% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Cook County, Illinois has a population of 5,227,575 people. Based on census records, there are 1,951,606 registered households. Families in this area are on average made up of 3.43 people per household. Most folks are unmarried. They are also typically around 36.1 years old. Does diversity matter to you? Right now, 35% of folks speak a language other than English here. About 43% rent while 57% 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 15% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $56,902. If you move here, you can expect to commute mostly by car for around 32.6 minutes.

Finally, let's take a look at the stats related to Chicago, IL - IN Urban Area. The urban area is home to 8,672,319 people. A total of 3,153,810 households are registered here. With average family sizes being listed at 3.4 people. About 24% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 14% have their Master's degree. Folks speaking a language other than English, make up about 30% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 31.5 minutes. Speaking of your commute, 61.2% of people in this area are employed. The recorded median income is currently at $63,064 per year. The median population age has been listed at 36.6 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
$1,448
Studio Median Rent
$1,700
1BR Median Rent
$2,373
2BR Median Rent
$2,750
3BR Median Rent
PUBLIC TRANSIT
11
Lincoln & Carmen (Under 500 ft - 3 min walk)
Chicago Transit Authority
11
Lincoln & Carmen (Under 500 ft - 3 min walk)
Chicago Transit Authority
11
Lincoln & Winnemac (Under 500 ft - 3 min walk)
Chicago Transit Authority
11
Lincoln & Winnemac (Under 500 ft - 3 min walk)
Chicago Transit Authority
11
Lincoln & Foster (540 ft - 3 min walk)
Chicago Transit Authority

Nearby Schools

(within attendance boundary)
Budlong Elem School  •  0.29 mi
2701 W Foster Ave, Chicago, IL 60625
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
ASPIRA Charter - Haugan Campus  •  1.65 mi  
Charter
3729 W Leland Ave, Chicago, IL 60625
Public  •  Middle School  •  Grades 6 to 8
Chicago Public School District 299
Amundsen High School  •  0.58 mi
5110 N Damen Ave, Chicago, IL 60625
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.
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