Brick Single Family - 5 Bed / 3 Bath - 2,664 Sq Ft. The land beneath this home is independently valued at $570,000-$650,000 based on comparable sales in Sauganash. At $817,500, the property includes both the land and the home. This property sits directly between two $2M+ estates on N Ionia Avenue. Immediately next door to the west at 6012 N Ionia, a brand-new 2024 construction SOLD for $2,195,000 (5,212 sq ft, 6 bed/5 bath, 2-car garage). Immediately next door to the east at 6022 N Ionia, a new construction is LISTED at $2,400,000 (6 bed, 6 bath, 6,000 sq ft, built 2025, 2-car garage). Both on comparable lots. The property at 6016 N Ionia sits on land independently valued at $570,000-$650,000 based on comparable sales in Sauganash. The home is included. KEY LOT FEATURES: 7,841 sq ft lot (0.18 acre) - wider than both adjacent properties Exceptionally long gated driveway accommodating 4-5 vehicles - space to add an attached or detached garage Private backyard with garden, deck, professionally maintained lawn Surrounded by new-construction activity Tax assessed value: $430,000 THE HOME: Move-in-ready brick home, freshly painted throughout Hardwood floors sanded and refinished Upgraded kitchen: quartz countertops, cabinetry, KitchenAid appliances (built-in microwave, dishwasher, oven, gas cooktop with exterior-vented range hood) Finished lower level: 3rd full bath, workshop, wired speakers, storage, flexible room (home office / guest room / fitness area / potential bedroom) ~4-year-old heating system and water heater Sump pump, main-sewer backwater check valve Camera-ready monitoring, motion-sensing floodlights 240V outlet for EV charging NEIGHBORHOOD: Sauganash - tree-lined streets, strong community. Top-rated schools: Sauganash Elementary, Taft High School, nearby Northside College Preparatory. Near Sauganash Trail, Sauganash Park, Starbucks, Whole Foods. Queen of All Saints Basilica nearby. ADDRESSING COMMON QUESTIONS: GARAGE: The long gated driveway accommodates 4-5 vehicles and provides space to add an attached or detached garage - a rare opportunity in Chicago for dedicated off-street parking. MASTER SUITE: Flexible closet space ready for a custom closet system - a straightforward upgrade. THE MATH FOR BUYERS: At $817,500: Land value: $570,000-$650,000 (based on comparable sales in the area) Home value at list price: $167,500-$247,500 Price per sq ft for the home alone: $63-$93/sq ft The two estates on this block at $2.1M and $2.4M-$2.5M illustrate the value of this caliber of lot. The home at this price point has a different per-square-foot cost relative to the land value than would a new construction on a comparable lot. Expand, renovate, or build. The lot is the opportunity. The home is included. Some photos have been virtually rendered.
Based on the average sale price from the Chicago, IL office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
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6016 N Ionia Avenue Chicago, IL is a Single Family Home for sale at $817950 with 2664 sqft and a lot size of 0.18 Acres Acre(s). 6016 N Ionia Avenue Chicago has 5 bedrooms, 3 baths and was built in 1955. The property's zip code is 60646 which is in Chicago, IL
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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