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5022 South Spaulding Avenue

5022 South Spaulding Avenue, Chicago, IL 60632
Multifamily in Gage Park
5022 South Spaulding Avenue in Chicago, IL was first built in 1996 and is 28 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 14 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5022 South Spaulding Avenue has 3,407 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 3,150 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 masonry 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5022 South Spaulding Avenue sold most recently in May 5, 2019 for a total of $365,000. If you work out the math, that's approximately a cost of $107.13 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,787 in taxes each year. 5022 South Spaulding Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $33,001. If we break it down further, the land itself was valued at $2,678. Improvements to the property, however, were assessed at a total of $30,323. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190702
07/02/2019
9 Bed
-
-
$390,000
bedrooms
9 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,150
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,407
  • Gross Building Area: 3,407
  • Building Area: 3,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,407
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: PAUL F (KNEFEL) & COS SUB OF BLKS 29 & 30 IN JAMES H REES SUB OF NE SEC 11-38-13

Ownership

  • Current Owner : CHEN XUEFANG
  • Current Owner 2: HUANG TOMMY
  • Previous Owner : GALLARZO FIDEL
  • Previous Owner 2: GALLARZO JOSEFINA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 630300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-11-205-030-0000
  • Block: 29,30
  • Lot: 11
  • Meridian: SEC 11 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8019
  • Longitude: -87.7068

    Address

  • Full Address: 5022 S Spaulding Ave
  • Address - House Number: 5022
  • Street Direction: S
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C031
  • 4-Digit Zip Code: 3162
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,787
  • Tax Rate Code Area: 72001

    Market Valuation

  • Market Total Value: $330,010
  • Market Land Value: $26,780
  • Market Improvement Value: $303,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,001
  • Assessed Land Value: $2,678
  • Assessed Improvements Value: $30,323

    Sales

  • Current Sale Contract Date: May 05, 2019
  • Current Sale Recording Date: Oct 25, 2019
  • Current Sale Transaction ID: 11670783020
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1929846189

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5022 South Spaulding Avenue located in?
The 5022 South Spaulding Avenue is a multifamily located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5022 South Spaulding Avenue?
The average sales price for units in 5022 South Spaulding Avenue is $0 currently.

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