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5003 North Lincoln Avenue

5003 North Lincoln Avenue, Chicago, IL 60625
Townhouse in Ravenswood
Sold Nov 13, 2019
$745,000
$596,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2049
Sold Mar 28, 2012
Transfer
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 4919 N Lincoln Avenue, Chicago, IL 60625

$324,900

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
4919 N Lincoln Avenue #3, Chicago, IL 60625 Listing by Mark Glusker

Unit for sale at 4930 N Western Avenue, Chicago, IL 60625

$635,000

  • 7 Beds
4930 N Western Avenue, Chicago, IL 60625 Listing by Edward Hall

Unit for sale at 2442 W Winnemac Avenue, Chicago, IL 60625

$1,150,000

  • 3 Beds
  • 4.5 Baths
2442 W Winnemac Avenue, Chicago, IL 60625 Listing by Colin Hebson

5003 North Lincoln Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 5003 North Lincoln Avenue has 2,346 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 990 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 2,548 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 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 masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Oct 24, 2019 for $745,000. That's $317.56 per sqft. 5003 North Lincoln Avenue was last assessed in 2022. The total value of the property was assessed at $62,824. Specifically, the land the property is located on was valued at $20,384. While improvements on the property were assessed at a total of $42,440. 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 $12,218. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,548
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,346
  • Gross Building Area: 2,346
  • Building Area: 2,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHMITZS WESTERN AVE ADD TO RAVENSWOOD
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PETER (SCHMITZS)(WESTERN) AVE ADD TO (RAVENSWOOD) SEC 07-40-14

Ownership

  • Current Owner : VENTURA MAUREEN A
  • Current Owner 2: VENTURA JEROME TIMOTHY
  • Previous Owner : 5003 N WESTERN LLC
  • Owner Before Previous Owner: MUNOZ JUAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040401

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: 17S-75-05
  • District: 73
  • Parcel: 14-07-307-007-0000
  • Lot: 13
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9725
  • Longitude: -87.6887

    Address

  • Full Address: 5003 N Western Ave
  • Address - House Number: 5003
  • Street Direction: N
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C017
  • 4-Digit Zip Code: 2619
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,218
  • Tax Rate Code Area: 73023

    Appraisal Valuation

  • Standard Deviation: 0.2625
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 1,029,836
  • High Value: 1,300,177
  • Low Value: 759,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $596,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 13, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $596,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $628,240
  • Market Land Value: $203,840
  • Market Improvement Value: $424,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,824
  • Assessed Land Value: $20,384
  • Assessed Improvements Value: $42,440

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Nov 13, 2019
  • Current Sale Transaction ID: 11677780360
  • Current Sale Price: $745,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1931749071
  • Previous Sale Recording Date: Mar 28, 2012
  • Previous Sale Contract Date: Jan 18, 2012
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 13, 2019
  • First Mortgage Loan Amount: $596,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About North Side



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Frequently Asked Questions

What neighborhood is 5003 North Lincoln Avenue located in?
The 5003 North Lincoln Avenue is a townhouse located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 5003 North Lincoln Avenue?
The average sales price for units in 5003 North Lincoln Avenue is $0 currently.

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