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5120 West 23rd Street

5120 West 23rd Street, Cicero, IL 60804
Multifamily in Cicero
Sold Jan 10, 1996
$105,000
$104,250 by Midwest Funding Corp
Mortgage Due Jan 01, 2026
Local assessors in Cicero, IL have categorized 5120 West 23rd 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 3,528 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 10 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 2 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 5120 West 23rd Street has a total of 1,986 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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, 5120 West 23rd Street sold most recently in Dec 27, 1995 for a total of $105,000. If you work out the math, that's approximately a cost of $52.87 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 $7,421 in taxes each year. 5120 West 23rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,000. If we break it down further, the land itself was valued at $3,793. Improvements to the property, however, were assessed at a total of $20,207. 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. 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!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
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: 10
  • Bedroom Count: 4
  • 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: 3,528
  • Total Building Area: 1,986
  • Gross Building Area: 1,986
  • Building Area: 1,986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VANHORNES ADD TO MORTON
  • Land Acres: 0.081
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: MARY G (VANHORNES) ADD TO (MORTON) PARK A SUB IN SEC 28-39-13

Ownership

  • Current Owner : BALDIVIA FERNANDO
  • Current Owner 2: ALVAREZ ANTONIO G
  • Previous Owner : ORTEGA AUGSTIN
  • Previous Owner 2: ORTEGA AGUSTIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813802

Geography

  • District: 15
  • Parcel: 16-28-207-031-0000
  • Block: 3
  • Lot: 39,38
  • Meridian: SEC 28 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8486
  • Longitude: -87.7526

    Address

  • Full Address: 5120 W 23rd Pl
  • Address - House Number: 5120
  • Street Direction: W
  • Address - Street Name: 23rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Cicero
  • Carrier Code: C005
  • 4-Digit Zip Code: 2925
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,421
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 315,746
  • High Value: 396,425
  • Low Value: 235,066

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,250
  • First Open Lien Mortgage Lender: MIDWEST FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 10, 1996
  • First Open Lien Mortgage Loan Amount: $104,250
  • 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: Jan 01, 2026

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $37,930
  • Market Improvement Value: $202,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,793
  • Assessed Improvements Value: $20,207

    Sales

  • Current Sale Contract Date: Dec 27, 1995
  • Current Sale Recording Date: Jan 10, 1996
  • Current Sale Transaction ID: 1177283311
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 96024367

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST FUNDING CORP
  • First Mortgage Transaction Date: Jan 10, 1996
  • First Mortgage Loan Amount: $104,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2026

About Cicero



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Frequently Asked Questions

What neighborhood is 5120 West 23rd Street located in?
The 5120 West 23rd Street is a multifamily located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 5120 West 23rd Street?
The average sales price for units in 5120 West 23rd Street is $0 currently.

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