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11532 South Oakley Avenue

11532 South Oakley Avenue, Chicago, IL 60643
Property in Morgan Park
Sold Dec 08, 2021
Transfer
$257,581 by Quicken Loans Llc
Mortgage Due Nov 01, 2050
Sold Dec 29, 2010
$290,000
$299,570 by Optimax Mortgage Co
Mortgage Due Jan 01, 2041
Local assessors in Chicago, IL have categorized 11532 South Oakley Avenue as a residential type of property. The home was built in 1943 and is 81 years old. The property's lot size has been calculated to be 7,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11532 South Oakley Avenue has a total of 1,731 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Prior to that sales transaction, the property was also sold in Dec 9, 2010 for $290,000. 11532 South Oakley Avenue was last assessed in 2023. The total value of the property was assessed at $25,854. Specifically, the land the property is located on was valued at $7,125. While improvements on the property were assessed at a total of $18,729. 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 $4,063. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,731
  • Gross Building Area: 1,731
  • Building Area: 1,731
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,731
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON HTS BEING SUB
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WALKERS) RESUB OF BLKSA,B&D IN RESUB OF CTN LTS & BL KS IN MORGAN PK,WASHINGTON HTS BEING SUB OF PT LYING W OF PROSPECT AVE

Ownership

  • Current Owner : REYNOLDS WAYNE
  • Current Owner 2: BARNES REYNOLDS CHERYL
  • Previous Owner : BARNES REYNOLDS CHERYL
  • Previous Owner 2: BARNES WAYNE REYNOLDS
  • Owner Before Previous Owner: TURPIN CARL K
  • Owner Before Previous Owner 2: TURPIN DELMYRA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750500

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-19-300-019-0000
  • Block: A,B,D
  • Lot: 32
  • Meridian: SEC 19 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6834
  • Longitude: -87.6795

    Address

  • Full Address: 11532 S Oakley Ave
  • Address - House Number: 11532
  • Street Direction: S
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 4722
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,063
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 352,752
  • High Value: 433,299
  • Low Value: 272,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,581
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Loan Amount: $257,581
  • First Open Lien Mortgage Term: 346
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $258,540
  • Market Land Value: $71,250
  • Market Improvement Value: $187,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,854
  • Assessed Land Value: $7,125
  • Assessed Improvements Value: $18,729

    Sales

  • Current Sale Contract Date: Oct 10, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11873636962
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2134215010
  • Previous Sale Recording Date: Dec 29, 2010
  • Previous Sale Contract Date: Dec 09, 2010
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $257,581
  • First Mortgage Terms: 346
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: OPTIMAX MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 29, 2010
  • Previous Mortgage Loan Amount: $299,570
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 11532 South Oakley Avenue located in?
The 11532 South Oakley Avenue is a located in the neighborhood of Morgan Park in Far South Chicago, Chicago.
What is the average sales price for listings in 11532 South Oakley Avenue?
The average sales price for units in 11532 South Oakley Avenue is $0 currently.

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