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5157 South Albany Avenue

5157 South Albany Avenue, Chicago, IL 60632
Property in Gage Park
Sold Nov 05, 2020
$147,000
Sold Mar 08, 2013
$95,000
$93,279 by United Wholesale Mortgage
Mortgage Due Mar 01, 2043
5157 South Albany Avenue in Chicago, IL was first built in 1916 and is 108 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5157 South Albany Avenue has 1,824 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. In total, the area measurement of the land is 1,440 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jul 29, 2020 for $147,000. That's $80.59 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2013 for $95,000. 5157 South Albany Avenue was last assessed in 2023. The total value of the property was assessed at $4,500. Specifically, the land the property is located on was valued at $1,224. While improvements on the property were assessed at a total of $3,276. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $719. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • 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: 1,440
  • Total Building Area: 1,824
  • Gross Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCINTOSHS SUB
  • Land Acres: 0.033
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: A T (MCINTOSHS) SUB IN,NOTE: CHECK SIDWELL SW SEC 12-38-13

Ownership

  • Current Owner : LOPEZ ALFREDO VILLEGAS
  • Current Owner 2: VILLEGAS FLORA
  • Previous Owner : ROSADO RAGUEL
  • Owner Before Previous Owner: DELTA PROPERTY INVESTMENTS LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-12-302-024-0000
  • Block: 2
  • Lot: 25
  • Meridian: SEC 12 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7992
  • Longitude: -87.7009

    Address

  • Full Address: 5157 S Albany Ave
  • Address - House Number: 5157
  • Street Direction: S
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $719
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 282,451
  • High Value: 354,622
  • Low Value: 210,279

    Market Valuation

  • Market Total Value: $45,000
  • Market Land Value: $12,240
  • Market Improvement Value: $32,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,500
  • Assessed Land Value: $1,224
  • Assessed Improvements Value: $3,276

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11797783555
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031006266
  • Previous Sale Recording Date: Mar 08, 2013
  • Previous Sale Contract Date: Feb 07, 2013
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $144,337
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Mar 08, 2013
  • Previous Mortgage Loan Amount: $93,279
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2043

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Frequently Asked Questions

What neighborhood is 5157 South Albany Avenue located in?
The 5157 South Albany Avenue is a located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5157 South Albany Avenue?
The average sales price for units in 5157 South Albany Avenue is $0 currently.

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