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5017 West Berenice Avenue

5017 West Berenice Avenue, Chicago, IL 60641
Property in Portage Park
Sold Jun 22, 2021
$470,000
$461,487 by Union Home Mortgage Corp
Mortgage Due Jul 01, 2051
Sold May 09, 2018
$385,000
$308,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2048
5017 West Berenice 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 1918 and is 106 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5017 West Berenice Avenue has 1,672 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 3,075 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 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 hot water heating system. The property was last sold in Jun 7, 2021 for $470,000. That's $281.10 per sqft. Prior to that sales transaction, the property was also sold in May 2, 2018 for $385,000. 5017 West Berenice Avenue was last assessed in 2023. The total value of the property was assessed at $36,000. Specifically, the land the property is located on was valued at $8,610. While improvements on the property were assessed at a total of $27,390. 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 $6,705. 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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • 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: 3,075
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYLAND PARK ADD TO CHICAGO
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GRAYLAND)(PARK) ADD TO (CHICAGO) SUB OF NH NE SEC 21-40-13

Ownership

  • Current Owner : HOLLAND CALEB
  • Previous Owner : GILLIARD DOMINIQUE
  • Previous Owner 2: LAM KATHERINE K
  • Owner Before Previous Owner: JLW PROPS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 150800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Aug 08, 2028
  • District: 71
  • Parcel: 13-21-213-013-0000
  • Lot: 629
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9504
  • Longitude: -87.7529

    Address

  • Full Address: 5017 W Berenice Ave
  • Address - House Number: 5017
  • Street Direction: W
  • Address - Street Name: Berenice
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C053
  • 4-Digit Zip Code: 2631
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,705
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 437,237
  • High Value: 548,959
  • Low Value: 325,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $461,487
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $461,487
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $86,100
  • Market Improvement Value: $273,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $8,610
  • Assessed Improvements Value: $27,390

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11840704596
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2117349099
  • Previous Sale Recording Date: May 09, 2018
  • Previous Sale Contract Date: May 02, 2018
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $461,487
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: May 09, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5017 West Berenice Avenue located in?
The 5017 West Berenice Avenue is a located in the neighborhood of Portage Park in Northwest Side, Chicago.
What is the average sales price for listings in 5017 West Berenice Avenue?
The average sales price for units in 5017 West Berenice Avenue is $0 currently.

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