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5045 West Berenice Avenue

5045 West Berenice Avenue, Chicago, IL 60641
Multifamily in Portage Park
Sold Jun 14, 2019
$368,000
$366,000 by Loandepot.com Llc
Mortgage Due Aug 01, 2050
Sold May 13, 2003
$315,000
$252,000 by Irwin Mortgage Corp
Mortgage Due Jun 01, 2033
5045 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 1910 and is 114 years old. The home has a total of 12 rooms. 6 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, 5045 West Berenice Avenue has 2,516 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 4,797 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 masonry 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 tar and gravel. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5045 West Berenice Avenue was last sold in May 31, 2019 for $368,000. According to our calculations, that's $146.26 per sqft. Prior to that sales transaction, the property was sold for $315,000 in May 5, 2003. Current property owners are expected to pay $3,206 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5045 West Berenice Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,000. To break that down further, the land itself was valued at $13,432. While improvements to the property were assessed at a total of $24,568. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • 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: 4,797
  • Total Building Area: 2,516
  • Gross Building Area: 2,516
  • Building Area: 2,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYLAND PARK ADD TO CHICAGO
  • Land Acres: 0.11
  • 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 : PEREZ VICTOR
  • Previous Owner : CUADRADO LUIS I
  • Owner Before Previous Owner: SANCHEZ MARIO
  • Owner Before Previous Owner 2: SANCHEZ VERONICA
  • 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: 13-21-213-004-0000
  • Lot: 641
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9504
  • Longitude: -87.754

    Address

  • Full Address: 5045 W Berenice Ave
  • Address - House Number: 5045
  • 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: $3,206
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 447,064
  • High Value: 561,297
  • Low Value: 332,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Feb 10, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $366,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $134,320
  • Market Improvement Value: $245,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $13,432
  • Assessed Improvements Value: $24,568

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Transaction ID: 11613830584
  • Current Sale Price: $368,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1916513014
  • Previous Sale Recording Date: May 13, 2003
  • Previous Sale Contract Date: May 05, 2003
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jun 14, 2019
  • First Mortgage Loan Amount: $368,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: IRWIN MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 13, 2003
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2033

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5045 West Berenice Avenue located in?
The 5045 West Berenice Avenue is a multifamily located in the neighborhood of Portage Park in Northwest Side, Chicago.
What is the average sales price for listings in 5045 West Berenice Avenue?
The average sales price for units in 5045 West Berenice Avenue is $0 currently.

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