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10232 South Oakley Avenue

10232 South Oakley Avenue, Chicago, IL 60643
House in Beverly
Sold Mar 23, 2021
$350,000
$332,500 by Providence Bank & Trust
Mortgage Due Jan 01, 2051
Sold Oct 02, 2014
$325,000
$275,000 by Pacor Mortgage Corp
Mortgage Due Oct 01, 2044
10232 South Oakley Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1944 and is 80 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10232 South Oakley Avenue has 1,760 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,760 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Dec 16, 2020 for $350,000. That's $198.86 per sqft. Prior to that sales transaction, the property was also sold in Sep 15, 2014 for $325,000. 10232 South Oakley Avenue was last assessed in 2023. The total value of the property was assessed at $33,000. Specifically, the land the property is located on was valued at $9,700. While improvements on the property were assessed at a total of $23,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,808. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,760
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARMONS BEVERLY HILLS
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WM E (HARMONS)(BEVERLY)(HILLS) ADD IN SW SEC 07-37-14

Ownership

  • Current Owner : KERR JAMES
  • Current Owner 2: LAVIN ERIN
  • Previous Owner : MCKENNA JOHN
  • Previous Owner 2: MCKENNA KARA
  • Owner Before Previous Owner: AHERN JOHN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 720300

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-07-323-026-0000
  • Block: 6
  • Lot: 26
  • Meridian: SEC 07 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7072
  • Longitude: -87.6804

    Address

  • Full Address: 10232 S Oakley Ave
  • Address - House Number: 10232
  • Street Direction: S
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 1916
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,808
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 429,646
  • High Value: 531,919
  • Low Value: 327,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: PROVIDENCE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $332,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $97,000
  • Market Improvement Value: $233,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $9,700
  • Assessed Improvements Value: $23,300

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11828930727
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2108207220
  • Previous Sale Recording Date: Oct 02, 2014
  • Previous Sale Contract Date: Sep 15, 2014
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENCE BANK & TRUST
  • First Mortgage Transaction Date: Mar 23, 2021
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PACOR MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 02, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2044

About Far South Chicago



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Nearby Rentals

Unit for rent at

$1,400 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 10232 South Oakley Avenue located in?
The 10232 South Oakley Avenue is a house located in the neighborhood of Beverly in Far South Chicago, Chicago.
What is the average sales price for listings in 10232 South Oakley Avenue?
The average sales price for units in 10232 South Oakley Avenue is $410,000 , or $233/sqft. currently.

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