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3131 South 55th Court

3131 South 55th Court, Cicero, IL 60804
Property in Cicero
Sold Jun 06, 1995
$130,000
$117,000 by Americas Wholesale Lndr
Mortgage Due Jun 01, 2025
Local assessors in Cicero, IL have categorized 3131 South 55th Court as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 3,810 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 2 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 3131 South 55th Court has a total of 1,924 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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 26, 1995 for $130,000. That's $67.57 per sqft. 3131 South 55th Court was last assessed in 2023. The total value of the property was assessed at $24,916. Specifically, the land the property is located on was valued at $4,096. While improvements on the property were assessed at a total of $20,820. 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 $6,413. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1926
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,810
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,924
  • Gross Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLUMBUS PARK
  • Land Acres: 0.088
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (COLUMBUS) (PARK) SUB BLK 4 IN BALDWINS SUB NW SEC 33-39-13

Ownership

  • Current Owner : GUTIERREZ ELIAS
  • Current Owner 2: GUTIERREZ ROBERTO
  • Previous Owner : AYALA VARGAS ESTEBAN
  • Previous Owner 2: AYALA EVANGELINA

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 814300

Geography

  • District: 15
  • Parcel: 16-33-101-020-0000
  • Block: 4
  • Lot: 59
  • Meridian: SEC 33 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8351
  • Longitude: -87.7619

    Address

  • Full Address: 3131 S 55th Ct
  • Address - House Number: 3131
  • Street Direction: S
  • Address - Street Name: 55th
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Cicero
  • Carrier Code: C035
  • 4-Digit Zip Code: 3912
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,413
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 251,451
  • High Value: 315,701
  • Low Value: 187,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Open Lien Mortgage Recording Date: Jun 06, 1995
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $117,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2025

    Market Valuation

  • Market Total Value: $249,160
  • Market Land Value: $40,960
  • Market Improvement Value: $208,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,916
  • Assessed Land Value: $4,096
  • Assessed Improvements Value: $20,820

    Sales

  • Current Sale Contract Date: May 26, 1995
  • Current Sale Recording Date: Jun 06, 1995
  • Current Sale Transaction ID: 1177294407
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95366540

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: Jun 06, 1995
  • First Mortgage Loan Amount: $117,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Cicero



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Frequently Asked Questions

What neighborhood is 3131 South 55th Court located in?
The 3131 South 55th Court is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 3131 South 55th Court?
The average sales price for units in 3131 South 55th Court is $0 currently.

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