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5520 S New England Ave
Pending
Single Family
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$449,000

$147/sqft

5520 S New England Ave, Chicago

62% below median
4 bd·3 ba·3,060 sqft
Built 1918Garfield Ridge

5520 S New England Ave, Chicago, IL

4 bd · 3 ba · 3,060 sqft Single Family listed at $449,000, built in 1918 in the Garfield Ridge neighborhood.

About this home

Great opportunity to own this huge brick bungalow in the heart of Garfield Ridge! The property sits on an oversize lot measuring 45x125. Main floor has 2 good size bedrooms , eat-in kitchen with white cabinetry, plus an office. Updated bathrooms. The 2nd floor has 2 bedrooms, large kitchen, living room, plus enclosed porch. Full finished basement offers 3 bedrooms, full bath, kitchen, living room. Laundry room includes a washer/dryer . One furnace to heat the whole house . 1st floor & basement utility are together for cooking gas and electric. The 2nd floor has separate utility on electric and cooking gas. .New front porch 2024, Roof on house 2019 and roof on garage 2016 . Huge 2 car garage with 8 ft overhead door and extra storage space. Excellent location! Close to archer , local transportation ,restaurants, pharmacy, I-55 on harlem , airport & toyota park. As-is condition.

Property details

Price
$449,000
Bedrooms
4
Bathrooms
3
Interior
3,060 sqft
Price / sqft
$147
Year built
1918
Type
Single Family
Days on market
81
Est. property tax
$9,339/yr · $778/mo · 2.08% IL avg
Last sold
$225,000 · May 2016

Estimated monthly payment

Down payment20% ($89,800)
Interest rate6.75%
Principal & Interest$2,330
Property Tax$412
Insurance$150
Total$2,891/mo

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Price history

$520K$303K$85K$223K on Feb 15 (Initial list)$223K on Mar 15 (Price change)$121K on Jun 15 (Sold)$250K on Aug 15 (Initial list)$225K on Sep 15 (Price change)$225K on Feb 16 (Sold)$225K on May 16 (Sold)$359K on Feb 23 (Price change)$469K on Jan 25 (Initial list)$484K on Nov 25 (Initial list)$469K on Nov 25 (Price change)$469K on Dec 25 (Initial list)$459K on Jan 26 (Price change)$459K on Jan 26 (Initial list)$449K on Feb 26 (Initial list)
$223K · Feb 15$449K · Feb 26
  1. Feb 4, 2026$449,000Initial list price
  2. Jan 14, 2026$459,000Initial list price
  3. Jan 2, 2026$459,000Price change
  4. Dec 26, 2025$469,000Initial list price
  5. Nov 9, 2025$469,000Price change
  6. Nov 1, 2025$484,000Initial list price
  7. Jan 17, 2025$469,000Initial list price
  8. Feb 4, 2023$359,000Price change
  9. May 6, 2016$225,000Sold
  10. Feb 19, 2016$224,900Sold
  11. Sep 4, 2015$224,900Price change
  12. Aug 20, 2015$249,900Initial list price
  13. Jun 22, 2015$121,000Sold
  14. Mar 11, 2015$222,900Price change
  15. Feb 28, 2015$222,900Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60638)

This neighborhood is predominantly owner-occupied (79%). Median age is 38.3; 16% hold a bachelor's degree; median household income is $85,374.

Median income
$85,374
Median age
38.3
Owner-occupied
78.9%
Bachelor's degree
16.2%
Census median home value
$274,100

Source: US Census Bureau American Community Survey 5-year estimates.

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