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1337 South 50th Avenue

1337 South 50th Avenue, Cicero, IL 60804
Property in Cicero
Sold Dec 16, 2019
$315,000
$236,250 by Wintrust Mortgage
Mortgage Due Dec 01, 2049
Sold Nov 17, 2017
$290,000
$284,747 by Freedom Mortgage Corp
Mortgage Due Dec 01, 2047
1337 South 50th Avenue has been categorized by the local assessors in Cicero, IL as a residential type of property. The building on the property was first built in 1909 and is 115 years old. The home has a total of 18 rooms. 9 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1337 South 50th Avenue has 3,562 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 3,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 no garage for those who require parking. 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. The property was last sold in Nov 27, 2019 for $315,000. That's $88.43 per sqft. Prior to that sales transaction, the property was also sold in Nov 14, 2017 for $290,000. 1337 South 50th Avenue was last assessed in 2023. The total value of the property was assessed at $28,000. Specifically, the land the property is located on was valued at $3,386. While improvements on the property were assessed at a total of $24,614. 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 $8,273. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1909
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 3,562
  • Gross Building Area: 3,562
  • Building Area: 3,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRANT LOCOMOTIVE WORKS
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GRANT) (LOCOMOTIVE) (WORKS) ADD IN WH SEC 21-39-13

Ownership

  • Current Owner : LEAL SAUL TREJO
  • Current Owner 2: TREJO AMERICA HUERIGO
  • Previous Owner : LEYES LYZU BELLE
  • Owner Before Previous Owner: MJ CERMAK LLC
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813302

Geography

  • District: 15
  • Parcel: 16-21-212-018-0000
  • Block: 25
  • Lot: 30
  • Meridian: SEC 21 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8626
  • Longitude: -87.7492

    Address

  • Full Address: 1337 S 50th Ave
  • Address - House Number: 1337
  • Street Direction: S
  • Address - Street Name: 50th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Cicero
  • Carrier Code: C045
  • 4-Digit Zip Code: 1487
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,273
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 299,276
  • High Value: 375,746
  • Low Value: 222,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,250
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 16, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $236,250
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $33,860
  • Market Improvement Value: $246,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $3,386
  • Assessed Improvements Value: $24,614

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Dec 16, 2019
  • Current Sale Transaction ID: 11710489863
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1935041052
  • Previous Sale Recording Date: Nov 17, 2017
  • Previous Sale Contract Date: Nov 14, 2017
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Dec 16, 2019
  • First Mortgage Loan Amount: $236,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 17, 2017
  • Previous Mortgage Loan Amount: $284,747
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Cicero



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Frequently Asked Questions

What neighborhood is 1337 South 50th Avenue located in?
The 1337 South 50th Avenue is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 1337 South 50th Avenue?
The average sales price for units in 1337 South 50th Avenue is $0 currently.

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