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10825 South Prospect Avenue

10825 South Prospect Avenue, Chicago, IL 60643
House in Morgan Park
Sold Sep 22, 2017
$315,000
$299,250 by Citibank Na
Mortgage Due Oct 01, 2047
Sold Aug 23, 2016
Transfer
10825 South Prospect Avenue in Chicago, IL was first built in 1959 and is 65 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 10825 South Prospect Avenue has 1,565 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,518 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10825 South Prospect Avenue was last sold in Sep 15, 2017 for $315,000. According to our calculations, that's $201.28 per sqft. Current property owners are expected to pay $4,039 in taxes per year. The property on 10825 South Prospect Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $25,385. To break that down further, the land itself was valued at $7,518. While improvements to the property were assessed at a total of $17,867. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,518
  • Total Building Area: 1,565
  • Gross Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,565
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIS M HITTS
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ATKINS JOSEPH
  • Current Owner 2: ATKINS DENISE L
  • Previous Owner : AMERICAN REVIVAL CO
  • Owner Before Previous Owner: BALLARD LOLITA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750200

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: May 01, 2049
  • District: 72
  • Parcel: 25-17-300-018-0000
  • Lot: 152
  • Meridian: SEC 17 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6968
  • Longitude: -87.6626

    Address

  • Full Address: 10825 S Prospect Ave
  • Address - House Number: 10825
  • Street Direction: S
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 3413
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,039
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 378,229
  • High Value: 466,973
  • Low Value: 289,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,250
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Sep 22, 2017
  • First Open Lien Mortgage Loan Amount: $299,250
  • 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: Oct 01, 2047

    Market Valuation

  • Market Total Value: $253,850
  • Market Land Value: $75,180
  • Market Improvement Value: $178,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,385
  • Assessed Land Value: $7,518
  • Assessed Improvements Value: $17,867

    Sales

  • Current Sale Contract Date: Sep 15, 2017
  • Current Sale Recording Date: Sep 22, 2017
  • Current Sale Transaction ID: 1736142530
  • Current Sale Price: $315,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1726549023
  • Previous Sale Recording Date: Aug 23, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Sep 22, 2017
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 10825 South Prospect Avenue located in?
The 10825 South Prospect Avenue is a house located in the neighborhood of Morgan Park in Far South Chicago, Chicago.
What is the average sales price for listings in 10825 South Prospect Avenue?
The average sales price for units in 10825 South Prospect Avenue is $329,000 , or $206/sqft. currently.

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