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5631 Colgate Ln , Matteson, IL 60443

$195,000

3
beds
1 full · 1 half
baths
1,437
sqft
1963
year built

Discover this charming, well-maintained single-family home in a peaceful, established Matteson neighborhood. This vacant property has been cared for with annual HVAC maintenance and offers an excellent opportunity for buyers or investors looking to add personal touches. Highlights include: 3 spacious bedrooms with abundant natural light. There is one full bath and one half bath, both featuring ceramic tile, granite countertops, modern fixtures, and a relaxing jacuzzi tub in the full bath. Hardwood floors throughout providing warmth and elegance. Cozy family room fireplace ideal for gatherings and quiet evenings. Back patio perfect for outdoor entertaining and a serene view of lush front green space. With its desirable location, solid structure, and inviting interior, this home offers a wonderful opportunity to personalize and make it your own. Sold as-is, it allows buyers to update and tailor the space to their preferences.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1963
  • 0.21 Acre Lot
  • 2 Car Garage
  • 428 days on Market

  • Bedrooms
    3
  • Bathrooms
    1 full · 1 half
  • Year Built
    1963
  • Construction Materials
    Brick, Other
  • Foundation
    Concrete Perimeter
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Garage
  • Living Area
    1437.0
  • Patio And Porch
    Patio
  • Cooling
    Central Air
  • Basement
    Finished, Full

  • Acres
    0.21
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 5631 Colgate Ln?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5631 Colgate Ln.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5631 Colgate Ln?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 1 bath, listed for $195,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Matteson, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5631 Colgate Ln?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5631 Colgate Ln at around $1,731. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5631 Colgate Ln?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5631 Colgate Ln?

In most cases, yes. Whether 5631 Colgate Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Matteson's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5631 Colgate Ln?

We can handle that for you. Our preferred local agent specializes in residentials in Matteson and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $195,000 with 1,437 sqft of space—that comes out to approximately $136 per square foot.

How long has this property been on the market?

5631 Colgate Ln was listed on September 11, 2025, which means it's been on the market for 428 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1963, making it approximately 63 years old.

What is the lot size of this property?

5631 Colgate Ln sits on a 0.21-acre lot, which is 9,148 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • High: Stem Campus

Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5631 Colgate Ln?

The most recent public record shows annual property taxes for 5631 Colgate Ln were approximately $7,461. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5631 Colgate Ln still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 13, 2026 at 01:20PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12469154