Maximize the profit potential of

2735 N Lakewood Ave,Chicago, IL 60614

6

beds

6

baths

7,540

sqft

Built

2013
4,809

sqft Lot

3

stories

4

car garage

A/C

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2735 N Lakewood Ave
Home value
Details
Homeowner tools
Reno ROI
Permits
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 2735 N Lakewood Ave, Chicago, IL 60614

Located in the James Court neighborhood, this property was built in 2013, and had 7 construction permits in the past 3 years, 2006, 2013 and 2014.

General details

Table iconBuilt in:2013
Table iconBedrooms:6
Table iconBathrooms:6
Table iconSchool district:City Of Chicago Sd 299
Table iconCounty:Cook

Price and tax history

Table iconLand value:$34,639
Table iconProperty tax:$50,362.11
Table iconProperty tax year:2019
Table iconSale date:12/06/2022
Table iconSale price:$3,210,000

Interior details

Table iconBasement:Yes, 2,195 sqft
Table iconStories/floors:3
Table iconWaterfront:No
Table iconTotal rooms:13

2735 N Lakewood Ave information

Table iconType:NULL
Table iconUse:Single Family Residence
Table iconLot size:4,809 sqft
Table iconBuilding size:7,540 sqft

Exterior of the house

Table iconGarage:4 cars, Detached garage
Table iconRoof:Metal,Rubber
Table iconExternal walls:Masonry
Table iconPool:No

House fixtures

Table iconHeating:Forced Air, Radiant, Zoned, Natural Gas
Table iconFire place:Yes
Table iconAir Conditioning:Central
Table iconHeater replacement:-

This beautiful 3 story residential property has 7,540 sq ft of living space, a basement space of 2,195sq ft and a 4-car garage space. In total, the home has 13 rooms.

This house has a cozy fireplace for your family on chilly evenings, and A/C to keep your home cool and comfortable.

The nearest school district is City Of Chicago Sd 299 and the distance to the nearest school is 0.3 miles.

This property was last sold for $3,210,000 on 12/06/2022 and its property tax value is $50,362.11 from 2019

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

2735 N Lakewood Ave could benefit from a Interior Painting renovation, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 60614.

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Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

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Contractor Solutions
Contractor Solutions

Find the best contractors around Chicago, IL for your renovation project

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Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 2735 N Lakewood Ave you should think about remodeling your Interior Painting, it can provide an ROI around 2%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in Chicago, IL is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Interior Painting Renovation
$34,844
Exterior Painting Renovation
$16,123
Bedroom Renovation
$13,358
Cost to renovate
$64,325
Increase in home value 
$65,612

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 60614, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 3.3% growth in 5 years, with a statistical range between -4.58% and 11.27%
For zip code 60614, the graph shows a projected growth of 3.3% over the next five years, with a statistically significant range of growth between -4.58% and 11.27%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
3.4
polygon%

5 YEAR GROWTH

NOW

-5.45%

GROWTH

1 YEARS

-0.61%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Construction permit history

A building permit is a binding document between the city and you, as a homeowner. Whenever you want to do big renovation project to your home, a project permit is required
2014
3 Permits

Residential Permit

#100534311

Permit date:

04/03/2014

Status:

Approved

Type:

No data

Description:

Change electrical contractor permit number 100479631

Contractor:

No Data

Residential Permit

#100529058

Permit date:

02/26/2014

Status:

Approved

Type:

No data

Description:

Instalation of (1) 5 stop 950# cap. private residence passenger elevator pursuant to plans submitted. installation to be made in compliance with 2010 city of chicago elevator code. installation for single family use only.

Contractor:

No Data

New HVAC

#100529058

Permit date:

02/26/2014

Status:

Approved

Type:

No data

Description:

Instalation of 1 5-stop 950# cap private residence passenger elevator pursuant to plans submitted installation to be made in compliance with 2010 city of chicago elevator code installation for single family use only

Contractor:

No Data
2013
3 Permits

New house

#100479631

Permit date:

5/15/2013

Status:

APPROVED

Type:

null

Know Your Neighborhood

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Most recent activity

Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes
+0.63%

More expensive than similar sales

+44 Score

Property condition score is higher than average

Avg beds

Similar sales have the same number of beds

+145 sqft

This property has a bigger building size than average

+2 years

Newer than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 2734 N Magnolia Ave, Chicago, IL 60614 $2,200,000 12/06/2022 5 / 3.5 4,100 2017 2,975
2 2740 N Lakewood Ave, Chicago, IL 60614 $2,899,000 01/14/2022 6 / 4.5 5,315 2013 3,541
3 2740 N Lakewood Ave, Chicago, IL 60614 $2,000,000 09/24/2014 6 / 4.5 5,315 2013 3,541
4 2718 N Lakewood Ave, Chicago, IL 60614 $4,600,000 08/15/2022 6 / 5.5 8,025 2013 6,198
5 1252 W Schubert Ave, Chicago, IL 60614 $2,850,000 08/12/2022 5 / 3.5 5,000 2012 16,108
6 2708 N Magnolia Ave, Chicago, IL 60614 $1,775,000 04/29/2022 5 / 3.5 4,200 2005 3,100
7 2731 N Magnolia Ave, Chicago, IL 60614 $955,000 09/07/2022 3 / 2.5 1,818 1888 3,101

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

2734 N Magnolia Ave, Chicago, IL 60614

$2,200,000

12/06/2022

5 / 3.5

4,100

2017

2,975

2740 N Lakewood Ave, Chicago, IL 60614

$2,899,000

01/14/2022

6 / 4.5

5,315

2013

3,541

2740 N Lakewood Ave, Chicago, IL 60614

$2,000,000

09/24/2014

6 / 4.5

5,315

2013

3,541

2718 N Lakewood Ave, Chicago, IL 60614

$4,600,000

08/15/2022

6 / 5.5

8,025

2013

6,198

1252 W Schubert Ave, Chicago, IL 60614

$2,850,000

08/12/2022

5 / 3.5

5,000

2012

16,108

2708 N Magnolia Ave, Chicago, IL 60614

$1,775,000

04/29/2022

5 / 3.5

4,200

2005

3,100

2731 N Magnolia Ave, Chicago, IL 60614

$955,000

09/07/2022

3 / 2.5

1,818

1888

3,101

Based on the values extracted from recently sold nearby homes, these properties built around the year 1994, on average consist of 5 bedrooms and 3 bathrooms. They typically offer a lot size of approximately 5,509 sqft with a building size of around 4,825 sqft, fetching a median sale price of $2,200,000.

Neighborhood schools

1
Cardinal Bernardin Early Childhood Center(Elementary)

Distance: 0.5 miles   |  Private

2
Agassiz Elementary School(Middle)

Rating 4/10  |  Distance: 0.3 miles   |  Private

3
Alphonsus Academy & Center For The Arts(Middle)

Distance: 0.3 miles   |  Private

4
Prescott Elementary School(Middle)

Rating 6/10  |  Distance: 0.5 miles   |  Private

5
Burley Elementary School(Middle)

Rating 7/10  |  Distance: 0.6 miles   |  Private

6
Mayer Elementary School(Middle)

Rating 7/10  |  Distance: 0.6 miles   |  Private

7
St Josaphat School(Middle)

Distance: 0.7 miles   |  Private

8
Hawthorne Elementary Scholastic Academy(Middle)

Rating 7/10  |  Distance: 0.8 miles   |  Private

9
St Clement School(Middle)

Distance: 0.8 miles   |  Private

10
Alcott Elementary School(Middle)

Rating 6/10  |  Distance: 0.8 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

September

Change HVAC air filters
Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

September

Clean front porch and back deck
Helps to maintain the overall aesthetic of your home, helps to prevent damage to the deck or porch itself, and helps to prevent the growth of mold and mildew, which can be a health hazard.

September

Reverse ceiling fan blades to circulate air upwards
In the winter, reverse ceiling fan blades or reverse the motor and operate the ceiling fan at low speed in the clockwise direction. This produces a gentle updraft, which forces warm air near the ceiling down into the occupied space.

September

Seed the lawn (best time for strong grass in Spring)
The fall season`s soil temperatures and higher levels of rainfall provide ideal conditions for new seedlings to establish a healthy root system. When spring comes the new grass will be stronger and grow faster.

Why?

Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 2735 N Lakewood Ave, Chicago, IL 60614

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