5407 North Ravenswood Avenue, Chicago
technical data · neighborhood and transit
Quick answers
- Does 5407 North Ravenswood Avenue have open permits or code violations?
- Chicago Department of Buildings lists 17 permits, 3 not closed, and 13 violations, 8 open.
- What is the 2026 conforming loan limit in Cook County?
- $832,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
- Is radon a problem here?
- EPA radon zone 2, moderate potential.
- What natural disasters is 5407 North Ravenswood Avenue at risk for?
- FEMA's National Risk Index rates the area relatively low overall, with elevated cold wave risk.
Permits and code violations
3 permits not closed out. Unfinished permits pass to the next owner. 8 open violations.
- Permit - easy permit process Sep 2023
Install new tankless water heater and all assoiated piping in place of existing in unit 1 only.
- Permit – express permit program Aug 2023Complete
Install new 20 amp receptacle for the instant water heater.
- Permit - renovation/alteration Feb 2023Complete
Spr 2019 cbrc:expand existing tavern into adjancent retail space in an existing 1 story commercial building as per plans (occupancy group a-2, type 3a construction)
- Permit - renovation/alteration Aug 2019Complete
Build out of 1742 w balmoral, a storefront within 1754 w balmoral, a 1-story, type 3b building containing 6 commercial units per plans
- Permit – express permit program Jan 2016Complete
Installation of low voltage burglar alarm interior work only # 920-00390
- Permit – express permit program Jan 2016Complete
Installation of low voltage burglar alarm interior work only # 920-00390
- Permit - renovation/alteration Apr 2015Complete
De-conversion and adaptive reuse of existing frame two flat into single family home per plans.
- Permit - renovation/alteration Jan 2015Complete
Interior remodeling of existing (4) du 2-story apartment building. new hvac, plumbing, partitions, electrical per plans. **certified plan corrections project - conditional permit: subject to field inspections **
- Permit - renovation/alteration Dec 2013Complete
Tenant build-out of 1746 w balmoral storefront within 1754 w balmoral, a 1-story, type 3b building containing 6 commercial spaces as per plans**self-certification - conditional permit: subject to field inspections & audit**
- Permit - renovation/alteration Nov 2013Complete
Self-certification of tenant build-out of 1748w balmoral storefront within 1754 w balmoral, a 1-story, type 3b building containing 6 commercial spaces.
- Permit - renovation/alteration Feb 2012Complete
Backfill crawlspace, replace deteriorated wood floor structure w/slab on fill and misc related plumbing and electrical work in existing restaurant space in a 1-story, type 3b building.
- Permit - renovation/alteration Jun 2010Complete
Replace existing storefront and misc. steel column and beam modifications. revision to permit 100314493 issued 11/4/09.
Chicago Department of Buildings
Safety and environment
FEMA natural hazard risk
Relatively Low
Highest for this area: cold wave. These drive insurance cost here.
FEMA National Risk Index, census tract
Leaking fuel tanks
12 within 1,650 ft
Nearest: Grotens Metal Forming Systems Inc., 5454 North Wolcott (1,500 ft), open. 1 still open. Ask whether groundwater or soil vapor testing was done.
EPA UST Finder, leaking underground storage tank releases
Toxic release facility
600 ft
Delta Precision Circuits and 2 more within a mile. Reports chemical releases to air, water or land to EPA each year.
EPA Toxics Release Inventory
Radon potential
Moderate
Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.
EPA and USGS Geologic Radon Potential Map
Nearest public schools
1,400 ft
Asian Human Srvcs-Passage Chrtr (1,400 ft), Peirce Elem Intl Studies School (2,300 ft), Amundsen High School (2,400 ft). Confirm the assigned school with the district.
U.S. Department of Education, NCES
Sinkhole-prone ground
Limestone karst
The bedrock here (dolostone (dolomite), Silurian) can dissolve and open sinkholes. Ask for a geotechnical report and check whether sinkhole coverage is in the insurance policy.
USGS Karst in the United States (OFR 2014-1156)
Conforming loan limit 2026
$832,750
Cook County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.
FHFA Conforming Loan Limit Values, one-unit
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Who lives and works in Chicago
Trading floors, logistics and the deepest architecture stock in America
Chicago carries a full corporate economy at a price the coasts do not match. Neighborhoods are distinct and walkable, two and three flats are everywhere, and the Loop still sets the commute for finance, law and consulting.
- $71,673
- median household income
- 18.9%
- residents aged 25 to 34
- 45%
- households that own their home
What pays the bills
- Finance and trading
- Logistics and rail
- Law and consulting
- Healthcare
- Manufacturing
Who anchors the economy
CME Group · Boeing suppliers · University of Chicago · Northwestern Medicine · United Airlines
The market is shaped around
- Young professionals
- Families buying space
- Two and three flat owners
More on North Ravenswood Avenue
All addressesViewing recommendations
What's worth checking in person before deciding.
- Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
- Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
- Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
- Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
- Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
- Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.
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