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2524 South 59th Avenue

2524 South 59th Avenue, Cicero, IL 60804
Property in Cicero
Sold Oct 27, 2021
$250,000
$108,000 by American Financial Network Inc
Mortgage Due Sep 01, 2051
Sold Aug 20, 2002
$160,000
$152,000 by Park Fsb
Mortgage Due Aug 01, 2032
2524 South 59th 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 1923 and is 101 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 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2524 South 59th Avenue has 1,323 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 4,725 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 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 masonry 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 hot water heating system. The property was last sold in Aug 24, 2021 for $250,000. That's $188.96 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2002 for $160,000. 2524 South 59th Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $5,079. While improvements on the property were assessed at a total of $15,921. 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 $7,805. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 4,725
  • Total Building Area: 1,323
  • Gross Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,323
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLECKS SUB
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WALLECKS) SUB BLK 19 IN SUB OF WH NE & WH SE NE SEC 29-39-13

Ownership

  • Current Owner : BOYAS MONTELONGO FAUSTINO
  • Previous Owner : PEREZ FAUSTINO
  • Owner Before Previous Owner: LASALLE BANK NATIONAL ASSN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813900

Geography

  • District: 15
  • Parcel: 16-29-224-022-0000
  • Block: 19
  • Lot: 13,12
  • Meridian: SEC 29 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8445
  • Longitude: -87.7714

    Address

  • Full Address: 2524 S 59th Ave
  • Address - House Number: 2524
  • Street Direction: S
  • Address - Street Name: 59th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Cicero
  • Carrier Code: C044
  • 4-Digit Zip Code: 3115
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,805
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 299,853
  • High Value: 375,446
  • Low Value: 224,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Oct 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $108,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $50,790
  • Market Improvement Value: $159,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $5,079
  • Assessed Improvements Value: $15,921

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Transaction ID: 11861860137
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2130046054
  • Previous Sale Recording Date: Aug 20, 2002
  • Previous Sale Contract Date: Jul 11, 2002
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Oct 27, 2021
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PARK FSB
  • Previous Mortgage Transaction Date: Aug 20, 2002
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Cicero



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Frequently Asked Questions

What neighborhood is 2524 South 59th Avenue located in?
The 2524 South 59th Avenue is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 2524 South 59th Avenue?
The average sales price for units in 2524 South 59th Avenue is $0 currently.

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