Check Availability

5007 West Erie Street

5007 West Erie Street, Chicago, IL 60644
Multifamily in South Austin
Sold Jul 18, 2022
$335,000
$328,932 by Neighborhood Loans Inc
Mortgage Due Aug 01, 2052
Sold Aug 08, 2012
$17,000
5007 West Erie Street in Chicago, IL was first built in 1905 and is 119 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5007 West Erie Street has 1,578 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,050 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jul 15, 2022 for $335,000. That's $212.29 per sqft. Prior to that sales transaction, the property was also sold in Jul 6, 2012 for $17,000. 5007 West Erie Street was last assessed in 2022. The total value of the property was assessed at $8,501. Specifically, the land the property is located on was valued at $2,898. While improvements on the property were assessed at a total of $5,603. 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 $1,748. 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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,050
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,578
  • Gross Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF NH EX N 379.75 FT EH WH
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF NH EX N 379.75 FT EH WH NE SEC 09-39-13

Ownership

  • Current Owner : ALANIZ JONATHAN DAMIAN
  • Previous Owner : HLJR PROPERTIES LLC
  • Owner Before Previous Owner: TAYLOR BEAN & WHITAKER MORTGAGE CORPORAT

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-09-213-018-0000
  • Lot: 99
  • Meridian: SEC 09 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.892
  • Longitude: -87.751

    Address

  • Full Address: 5007 W Erie St
  • Address - House Number: 5007
  • Street Direction: W
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 1605
  • Zip Code: 60644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,748
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.102
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 90
  • Final Value: 352,320
  • High Value: 388,285
  • Low Value: 316,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,932
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 18, 2022
  • First Open Lien Mortgage Loan Amount: $328,932
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $85,010
  • Market Land Value: $28,980
  • Market Improvement Value: $56,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,501
  • Assessed Land Value: $2,898
  • Assessed Improvements Value: $5,603

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Transaction ID: 11905332933
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39242
  • Previous Sale Recording Date: Aug 08, 2012
  • Previous Sale Contract Date: Jul 06, 2012
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Mortgage Transaction Date: Jul 18, 2022
  • First Mortgage Loan Amount: $328,932
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3918 West North Avenue, Chicago, IL, 60647

$750 /mo

  • Loft
  • 1 Bath
3918 West North Avenue, Chicago, IL, 60647
Unit for rent at 3755 W Dickens Avenue, Chicago, IL, 60647

$3,250 /mo

  • 4 Beds
  • 2 Baths
3755 W Dickens Avenue, Chicago, IL, 60647 Listing by Ashley Carter
Unit for rent at 841 Hayes Avenue, Oak Park, IL, 60302

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,472 ft²
841 Hayes Avenue, Oak Park, IL, 60302 Listing by Scott Berg
Unit for rent at 5849 W Midway Park Avenue, Chicago, IL, 60644

$2,250 /mo

  • 5 Beds
  • 2 Baths
  • 2,200 ft²
5849 W Midway Park Avenue, Chicago, IL, 60644 Listing by Deborah Karp
Unit for rent at 5906 W Midway Park Parkway, Chicago, IL, 60644

$2,350 /mo

  • 3 Beds
  • 1 Bath
  • 1,580 ft²
5906 W Midway Park Parkway, Chicago, IL, 60644 Listing by Francis Vasquez
Unit for rent at 919 N Leamington Avenue, Chicago, IL, 60651

$1,100 /mo

  • Studio
  • 1 Bath
  • 1,100 ft²
919 N Leamington Avenue, Chicago, IL, 60651 Listing by Angelina Larks
Unit for rent at 1521 N Keating Avenue, Chicago, IL, 60651

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
1521 N Keating Avenue, Chicago, IL, 60651 Listing by Angelina Larks

Frequently Asked Questions

What neighborhood is 5007 West Erie Street located in?
The 5007 West Erie Street is a multifamily located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5007 West Erie Street?
The average sales price for units in 5007 West Erie Street is $0 currently.

Quantcast