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5051 North Clark Street

5051 North Clark Street, Chicago, IL 60640
Commercial in Uptown
Local assessors in Chicago, IL have categorized 5051 North Clark Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 2,650 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5051 North Clark Street has a total of 3,702 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $10,449 in taxes each year. The initial year of tax delinquency occurred in 2021. 5051 North Clark Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $54,222. If we break it down further, the land itself was valued at $21,200. Improvements to the property, however, were assessed at a total of $33,022. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Stone Exterior
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210914 Unit 1S
09/14/2021
1S
Loft
-
-
$289,900
bedrooms
Loft
bathrooms
-
-
-
-
Stanislaw Krozel
Royal Service Realty Chicago Metro Properties
20200930 Unit 1S
09/30/2020
1S
Loft
-
-
$310,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190913 Unit 1S
09/13/2019
1S
Loft
-
-
$319,900
bedrooms
Loft
bathrooms
-
-
-
-
-
20190707 Unit 1SB
07/07/2019
1SB
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-
20180904 Unit 1S
09/04/2018
1S
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,650
  • Total Building Area: 3,702
  • Gross Building Area: 3,702
  • Building Area: 3,702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,702
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF LTS2-3 IN BLK3 IN ANDER
  • Land Acres: 0.061
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF LTS2-3 IN BLK3 IN ANDERSONVILLE SEC 08-40-14

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 031000

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 17S-82-02
  • District: 73
  • Parcel: 14-08-306-005-0000
  • Block: 3
  • Lot: 2,3
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9739
  • Longitude: -87.6692

    Address

  • Full Address: 5051 N Ashland Ave
  • Address - House Number: 5051
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C035
  • 4-Digit Zip Code: 2801
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,449
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 02, 2012
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 13, 2037

    Market Valuation

  • Market Total Value: $542,220
  • Market Land Value: $212,000
  • Market Improvement Value: $330,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,222
  • Assessed Land Value: $21,200
  • Assessed Improvements Value: $33,022

About North Side



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Frequently Asked Questions

What neighborhood is 5051 North Clark Street located in?
The 5051 North Clark Street is a commercial located in the neighborhood of Uptown in North Side, Chicago.
What is the average sales price for listings in 5051 North Clark Street?
The average sales price for units in 5051 North Clark Street is $0 currently.

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