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5130 South Ada Street

5130 South Ada Street, Chicago, IL 60609
Multifamily in Back of the Yards
Sold Mar 31, 2022
$260,000
$255,290 by Celebrity Home Loans Llc
Mortgage Due Apr 01, 2052
Sold May 14, 2019
$77,087
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5130 South Ada Street 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 1915 and is 109 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 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5130 South Ada Street has 2,120 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 3,125 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 no garage for those who require parking. 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 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 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, 5130 South Ada Street sold most recently in Mar 16, 2022 for a total of $260,000. If you work out the math, that's approximately a cost of $122.64 per sqft. Before that, the property was also sold for $77,087 in Apr 29, 2019. 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 $1,851 in taxes each year. 5130 South Ada Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $9,000. If we break it down further, the land itself was valued at $2,031. Improvements to the property, however, were assessed at a total of $6,969. 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. 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. 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: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,120
  • Gross Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BREZES SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: J D (BREZES) SUB OF NW NE SW SEC 08-38-14

Ownership

  • Current Owner : HERNANDEZ ARMANDO H
  • Current Owner 2: PADILLA KARINA ARREAGA
  • Previous Owner : CHICAGOLAND REAL ESTATE DEVELOPERS LLC
  • Owner Before Previous Owner: WELLS FARGO BANK N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 611900

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-08-304-030-0000
  • Lot: 116
  • Meridian: SEC 08 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8005
  • Longitude: -87.659

    Address

  • Full Address: 5130 S Ada St
  • Address - House Number: 5130
  • Street Direction: S
  • Address - Street Name: Ada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 5919
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,851
  • Tax Rate Code Area: 72001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,290
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $255,290
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $20,310
  • Market Improvement Value: $69,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,000
  • Assessed Land Value: $2,031
  • Assessed Improvements Value: $6,969

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11888734217
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2209012027
  • Previous Sale Recording Date: May 14, 2019
  • Previous Sale Contract Date: Apr 29, 2019
  • Previous Sale Amount: $77,087
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Mortgage Transaction Date: Mar 31, 2022
  • First Mortgage Loan Amount: $255,290
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2052

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5130 South Ada Street located in?
The 5130 South Ada Street is a multifamily located in the neighborhood of Back of the Yards in Southwest Side, Chicago.
What is the average sales price for listings in 5130 South Ada Street?
The average sales price for units in 5130 South Ada Street is $0 currently.

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